Valves in Mining

Global Valves in Mining Market to Reach US$7.7 Billion by 2030

The global market for Valves in Mining estimated at US$6.7 Billion in the year 2024, is expected to reach US$7.7 Billion by 2030, growing at a CAGR of 2.3% over the analysis period 2024-2030. Mineral Fuels Application, one of the segments analyzed in the report, is expected to record a 2.6% CAGR and reach US$6.2 Billion by the end of the analysis period. Growth in the Iron & Ferro-Alloys Application segment is estimated at 0.9% CAGR over the analysis period.

The U.S. Market is Estimated at US$1.8 Billion While China is Forecast to Grow at 4.7% CAGR

The Valves in Mining market in the U.S. is estimated at US$1.8 Billion in the year 2024. China, the world`s second largest economy, is forecast to reach a projected market size of US$1.5 Billion by the year 2030 trailing a CAGR of 4.7% over the analysis period 2024-2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at a CAGR of 0.5% and 1.6% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 1.0% CAGR.

Global Valves in Mining Market - Key Trends and Drivers Summarized

Valves in mining are critical components used to control the flow of liquids and gases within mining operations. These valves are designed to handle a variety of substances, from water and slurries to corrosive chemicals and gases, under a wide range of temperatures and pressures. Given the harsh and variable environments in which they operate, these valves are built for durability and reliability, with materials and designs selected to withstand the abrasive and corrosive nature of mining fluids. Common types of valves used in mining include ball valves, butterfly valves, check valves, and knife gate valves, each chosen based on their specific operational advantages such as tight shut-off capabilities, flow control precision, and ease of maintenance.

The selection and performance of valves in mining are heavily influenced by the technological trends and operational challenges of the industry. There is a growing emphasis on automation and remote operation technologies in mining to enhance safety and efficiency. Valves equipped with smart technology, such as wireless monitoring and automated control systems, are increasingly favored because they can be operated remotely, reducing the need for personnel to be in hazardous areas. Additionally, the trend towards more environmentally friendly mining processes has spurred the adoption of valves that can minimize leaks and reduce the environmental impact of mining operations. These innovations not only improve operational efficiency but also help mining companies comply with increasingly stringent environmental regulations.

The growth in the mining valve market is driven by several factors, including technological advancements in valve manufacturing and mining processes. The increased adoption of automated and remotely operated valves is propelled by the mining industry`s focus on safety and efficiency, reducing human exposure to dangerous mining environments and optimizing the use of resources. Moreover, the expansion of mining activities in remote and undeveloped regions is increasing the demand for durable and reliable mining equipment, including valves that can perform under the most arduous conditions. Additionally, as environmental concerns become more prominent, there is a pressing need for mining operations to reduce their ecological footprint, driving demand for valves that offer better control and reduce leakages. These factors collectively fuel the expansion of the mining valve market, reflecting broader shifts in industrial practices and environmental policies.

SCOPE OF STUDY:

The report analyzes the Valves in Mining market in terms of units by the following Segments, and Geographic Regions/Countries:

Segments:
Application (Mineral Fuels Application, Iron & Ferro-Alloys Application, Non-Ferrous Metals Application, Other Applications)

Geographic Regions/Countries:
World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; Spain; Russia; and Rest of Europe); Asia-Pacific (Australia; India; South Korea; and Rest of Asia-Pacific); Latin America (Argentina; Brazil; Mexico; and Rest of Latin America); Middle East (Iran; Israel; Saudi Arabia; United Arab Emirates; and Rest of Middle East); and Africa.

Select Competitors (Total 45 Featured) -

• Alfa Laval Corporate AB
• AVK Holding A/S
• Bray International, Inc.
• Curtiss Wright Valve Group
• DBV Valves Co., Ltd.
• Dembla Valves Ltd.
• DFT Inc
• DomBor Valve
• Emerson Electric Company
• Flowserve Corporation
• Hawa Valves & Tubes Pvt. Ltd
• Hebei Leading Metals & Piping Industries Co., Ltd.
• John Valves Pty Ltd.
• Ramen Valves AB
• Valco Group

TARIFF IMPACT FACTOR

Our new release incorporates impact of tariffs on geographical markets as we predict a shift in competitiveness of companies based on HQ country, manufacturing base, exports and imports (finished goods and OEM). This intricate and multifaceted market reality will impact competitors by artificially increasing the COGS, reducing profitability, reconfiguring supply chains, amongst other micro and macro market dynamics.

We are diligently following expert opinions of leading Chief Economists (14,949), Think Tanks (62), Trade & Industry bodies (171) worldwide, as they assess impact and address new market realities for their ecosystems. Experts and economists from every major country are tracked for their opinions on tariffs and how they will impact their countries.

We expect this chaos to play out over the next 2-3 months and a new world order is established with more clarity. We are tracking these developments on a real time basis.

As we release this report, U.S. Trade Representatives are pushing their counterparts in 183 countries for an early closure to bilateral tariff negotiations. Most of the major trading partners also have initiated trade agreements with other key trading nations, outside of those in the works with the United States. We are tracking such secondary fallouts as supply chains shift.

To our valued clients, we say, we have your back. We will present a simplified market reassessment by incorporating these changes!

APRIL 2025: NEGOTIATION PHASE

Our April release addresses the impact of tariffs on the overall global market and presents market adjustments by geography. Our trajectories are based on historic data and evolving market impacting factors.

JULY 2025 FINAL TARIFF RESET

Complimentary Update: Our clients will also receive a complimentary update in July after a final reset is announced between nations. The final updated version incorporates clearly defined Tariff Impact Analyses.

Reciprocal and Bilateral Trade & Tariff Impact Analyses:

USA
CHINA
MEXICO
CANADA
EU
JAPAN
INDIA
176 OTHER COUNTRIES.

Leading Economists - Our knowledge base tracks 14,949 economists including a select group of most influential Chief Economists of nations, think tanks, trade and industry bodies, big enterprises, and domain experts who are sharing views on the fallout of this unprecedented paradigm shift in the global econometric landscape. Most of our 16,491+ reports have incorporated this two-stage release schedule based on milestones.

Please note: Reports are sold as single-site single-user licenses. Electronic versions require 24-48 hours as each copy is customized to the client with digital controls and custom watermarks. The Publisher uses digital controls protecting against copying and printing is restricted to one full copy to be used at the same location.

The latest version of Adobe Acrobat Reader is required to view the report. Upon ordering an electronic version, the Publisher will provide a link to download the purchased report.

Prior to fulfillment of an order, the client will be required to sign a document detailing the purchase terms for a publication from this publisher.