Gate Valve Market Forecasts to 2032 – Global Analysis By Display Type (Solid Wedge Gate Valve, Flexible Wedge Gate Valve and Split Wedge or Parallel Disk Gate Valve), Material, Size, Actuation, Application, End User and By Geography
Description
According to Stratistics MRC, the Global Gate Valve Market is accounted for $16.9 billion in 2025 and is expected to reach $27.2 billion by 2032 growing at a CAGR of 7.0% during the forecast period. A gate valve is a linear motion valve used to start or stop the flow of fluid through a pipeline. It operates by lifting a gate or wedge out of the path of the fluid, providing a straight-through unobstructed flow when fully open. Designed primarily for on-off control rather than flow regulation, gate valves are commonly used in water supply systems, oil and gas industries, and chemical plants. They are favored for their minimal pressure drop and tight sealing when closed. Available in different materials such as cast iron, stainless steel, and brass, gate valves can handle a range of temperatures and pressures.
According to the United States Energy Information Administration (EIA), global consumption of petroleum and liquid fuels is increasing every year.
Market Dynamics:
Driver:
Growing Demand in Oil & Gas Industry
The growing demand in the oil and gas industry is significantly driving the gate valve market, as these valves play a crucial role in controlling and isolating fluid flow in pipelines and refineries. With increasing exploration, production, and transportation activities, the need for reliable, durable, and high-pressure handling valves is rising. Gate valves ensure safety, efficiency, and minimal leakage, making them indispensable. This surge in demand fosters technological advancements, boosting market growth and expanding opportunities for manufacturers worldwide.
Restraint:
High Maintenance Requirements
The gate valve market is being adversely affected by high maintenance needs, which are impeding its expansion. Gate valves become less appealing to end users as compared to low-maintenance alternatives due to the increased operational costs associated with frequent inspections, repairs, and part replacements. These issues mostly impact sectors that aim for dependability and cost effectiveness. As a result, consumers might choose cutting-edge valve technologies that provide more longevity and less maintenance, which would limit the general use of gate valves.
Opportunity:
Expansion of Water & Wastewater Infrastructure
The expansion of water and wastewater infrastructure is creating a strong positive impact on the gate valve market, driving significant growth opportunities. With increasing urbanization, industrialization, and government investments in upgrading pipelines, treatment plants, and distribution networks, the demand for durable and efficient gate valves is rising. These valves play a critical role in regulating water flow, ensuring safety, and supporting reliable operations. As infrastructure projects accelerate globally, the gate valve market benefits from heightened adoption and long-term growth prospects.
Threat:
Supply Chain Disruptions
Supply chain disruptions are creating significant challenges for the gate valve market, hindering growth and operational efficiency. Delays in raw material procurement, transportation bottlenecks, and rising logistics costs are slowing production cycles and increasing lead times. These issues are also driving up overall manufacturing expenses, limiting the ability of suppliers to meet growing demand. Consequently, market expansion is being restrained, with companies struggling to maintain timely deliveries and stable profit margins.
Covid-19 Impact
The Covid-19 pandemic had a mixed impact on the gate valve market, initially causing disruptions in manufacturing, supply chains, and project timelines due to lockdowns and labor shortages. Declines in oil and gas demand and delayed infrastructure projects further slowed growth. However, as economies reopened, rising investments in water treatment, power generation, and healthcare facilities created renewed demand, helping the market gradually recover and adapt to the post-pandemic industrial landscape.
The carbon steel segment is expected to be the largest during the forecast period
The carbon steel segment is expected to account for the largest market share during the forecast period owing to its superior strength, durability, and cost-effectiveness. Widely used in industries such as oil and gas, power generation, and water treatment, carbon steel gate valves can withstand high pressure and extreme temperatures, ensuring reliable performance. Their resistance to wear and ability to handle corrosive and abrasive media make them highly preferred in demanding applications, boosting demand and supporting market expansion across multiple heavy-duty industrial sectors.
The power generation segment is expected to have the highest CAGR during the forecast period
Over the forecast period, the power generation segment is predicted to witness the highest growth rate, due to demanding robust valves that endure high temperatures, extreme pressures, and harsh conditions. In thermal, nuclear, and renewable plants, gate valves ensure precise fluid control, safety, and efficiency in steam, cooling, and feedwater systems. This reliability and consistency attract heavy investment and maintenance cycles, fueling the growth of specialized valve manufacturing. Manufacturers innovating for tight shut-off, long service life with stringent safety standards see expanding opportunities due to escalating power industry infrastructure and upgrades.
Region with largest share:
During the forecast period, the Asia Pacific region is expected to hold the largest market share due to rising demand across oil & gas, water treatment, and chemical sectors. Infrastructure expansion, especially in India and China, is fueling adoption of advanced valve technologies. Factory automation and smart valve integration enhance operational efficiency and safety. Additionally, increased investments in wastewater management and power generation are accelerating market penetration. This dynamic landscape positions gate valves as critical enablers of industrial reliability and sustainable development across the region.
Region with highest CAGR:
Over the forecast period, the North America region is anticipated to exhibit the highest CAGR, owing to rapid industrial expansion, modernization of oil and gas infrastructure, and significant investments in water and wastewater management. The region’s emphasis on energy efficiency, coupled with strict environmental regulations, fuels demand for reliable and durable gate valves. Additionally, ongoing advancements in manufacturing technologies and the adoption of automation in industries further enhance market growth. These factors collectively position North America as a leading contributor to the global gate valve industry.
Key players in the market
Some of the key players profiled in the Gate Valve Market include Velan Inc., AVK Holding A/S, KITZ Corporation, Flowserve Corporation, Emerson Electric Co., Crane Co., Powell Valves, Bonney Forge Corporation, Bray International, Dwyer Instruments Inc., Pentair Plc, Valvitalia Group S.p.A, Babcock Valves, SAMSON AG, Neway Valve (Suzhou) Co., Ltd., Weir Group PLC, CIRCOR International Inc., Forbes Marshall and Walworth Inc.
Key Developments:
In May 2025, Weir and CiDRA announced a strategic investment and global collaboration agreement, under which Weir will invest in CiDRA’s mining business to accelerate commercialization of CiDRA’s novel P29 mineral separation technology. The joint effort aims to deliver transformative flowsheet solutions to address declining ore grades, water limitations, carbon emissions and tailings safety around the world.
In October 2024, Bray International has forged a strategic partnership with Aquestia, becoming the exclusive distributor and retailer of their A.R.I. air valves and Dorot/OCV hydraulic control valves across North and South America, Europe, and Africa. This collaboration strengthens offerings in the mining and metals markets.
Types Covered:
• Solid Wedge Gate Valve
• Flexible Wedge Gate Valve
• Split Wedge or Parallel Disk Gate Valve
Materials Covered:
• Cast Iron
• Stainless Steel
• Carbon Steel
• Alloy Steel
• Bronze
• Other Materials
Sizes Covered:
• Up to 2 Inches
• 2–6 Inches
• 6–12 Inches
• 12–24 Inches
• Above 24 Inches
Actuations Covered:
• Manual
• Electric
• Pneumatic
• Hydraulic
Applications Covered:
• On/Off Isolation
• Throttling
End Users Covered:
• Oil & Gas
• Water & Wastewater Treatment
• Power Generation
• Chemicals
• Marine
• Mining
• Pharmaceuticals
• Pulp & Paper
• Other End Users
Regions Covered:
• North AmericaUSCanadaMexico
• EuropeGermanyUKItalyFranceSpainRest of Europe
• Asia PacificJapanChinaIndiaAustralia New ZealandSouth KoreaRest of Asia Pacific
• South AmericaArgentinaBrazilChileRest of South America
• Middle East & Africa Saudi ArabiaUAEQatarSouth AfricaRest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2022, 2023, 2024, 2026, and 2030
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
According to the United States Energy Information Administration (EIA), global consumption of petroleum and liquid fuels is increasing every year.
Market Dynamics:
Driver:
Growing Demand in Oil & Gas Industry
The growing demand in the oil and gas industry is significantly driving the gate valve market, as these valves play a crucial role in controlling and isolating fluid flow in pipelines and refineries. With increasing exploration, production, and transportation activities, the need for reliable, durable, and high-pressure handling valves is rising. Gate valves ensure safety, efficiency, and minimal leakage, making them indispensable. This surge in demand fosters technological advancements, boosting market growth and expanding opportunities for manufacturers worldwide.
Restraint:
High Maintenance Requirements
The gate valve market is being adversely affected by high maintenance needs, which are impeding its expansion. Gate valves become less appealing to end users as compared to low-maintenance alternatives due to the increased operational costs associated with frequent inspections, repairs, and part replacements. These issues mostly impact sectors that aim for dependability and cost effectiveness. As a result, consumers might choose cutting-edge valve technologies that provide more longevity and less maintenance, which would limit the general use of gate valves.
Opportunity:
Expansion of Water & Wastewater Infrastructure
The expansion of water and wastewater infrastructure is creating a strong positive impact on the gate valve market, driving significant growth opportunities. With increasing urbanization, industrialization, and government investments in upgrading pipelines, treatment plants, and distribution networks, the demand for durable and efficient gate valves is rising. These valves play a critical role in regulating water flow, ensuring safety, and supporting reliable operations. As infrastructure projects accelerate globally, the gate valve market benefits from heightened adoption and long-term growth prospects.
Threat:
Supply Chain Disruptions
Supply chain disruptions are creating significant challenges for the gate valve market, hindering growth and operational efficiency. Delays in raw material procurement, transportation bottlenecks, and rising logistics costs are slowing production cycles and increasing lead times. These issues are also driving up overall manufacturing expenses, limiting the ability of suppliers to meet growing demand. Consequently, market expansion is being restrained, with companies struggling to maintain timely deliveries and stable profit margins.
Covid-19 Impact
The Covid-19 pandemic had a mixed impact on the gate valve market, initially causing disruptions in manufacturing, supply chains, and project timelines due to lockdowns and labor shortages. Declines in oil and gas demand and delayed infrastructure projects further slowed growth. However, as economies reopened, rising investments in water treatment, power generation, and healthcare facilities created renewed demand, helping the market gradually recover and adapt to the post-pandemic industrial landscape.
The carbon steel segment is expected to be the largest during the forecast period
The carbon steel segment is expected to account for the largest market share during the forecast period owing to its superior strength, durability, and cost-effectiveness. Widely used in industries such as oil and gas, power generation, and water treatment, carbon steel gate valves can withstand high pressure and extreme temperatures, ensuring reliable performance. Their resistance to wear and ability to handle corrosive and abrasive media make them highly preferred in demanding applications, boosting demand and supporting market expansion across multiple heavy-duty industrial sectors.
The power generation segment is expected to have the highest CAGR during the forecast period
Over the forecast period, the power generation segment is predicted to witness the highest growth rate, due to demanding robust valves that endure high temperatures, extreme pressures, and harsh conditions. In thermal, nuclear, and renewable plants, gate valves ensure precise fluid control, safety, and efficiency in steam, cooling, and feedwater systems. This reliability and consistency attract heavy investment and maintenance cycles, fueling the growth of specialized valve manufacturing. Manufacturers innovating for tight shut-off, long service life with stringent safety standards see expanding opportunities due to escalating power industry infrastructure and upgrades.
Region with largest share:
During the forecast period, the Asia Pacific region is expected to hold the largest market share due to rising demand across oil & gas, water treatment, and chemical sectors. Infrastructure expansion, especially in India and China, is fueling adoption of advanced valve technologies. Factory automation and smart valve integration enhance operational efficiency and safety. Additionally, increased investments in wastewater management and power generation are accelerating market penetration. This dynamic landscape positions gate valves as critical enablers of industrial reliability and sustainable development across the region.
Region with highest CAGR:
Over the forecast period, the North America region is anticipated to exhibit the highest CAGR, owing to rapid industrial expansion, modernization of oil and gas infrastructure, and significant investments in water and wastewater management. The region’s emphasis on energy efficiency, coupled with strict environmental regulations, fuels demand for reliable and durable gate valves. Additionally, ongoing advancements in manufacturing technologies and the adoption of automation in industries further enhance market growth. These factors collectively position North America as a leading contributor to the global gate valve industry.
Key players in the market
Some of the key players profiled in the Gate Valve Market include Velan Inc., AVK Holding A/S, KITZ Corporation, Flowserve Corporation, Emerson Electric Co., Crane Co., Powell Valves, Bonney Forge Corporation, Bray International, Dwyer Instruments Inc., Pentair Plc, Valvitalia Group S.p.A, Babcock Valves, SAMSON AG, Neway Valve (Suzhou) Co., Ltd., Weir Group PLC, CIRCOR International Inc., Forbes Marshall and Walworth Inc.
Key Developments:
In May 2025, Weir and CiDRA announced a strategic investment and global collaboration agreement, under which Weir will invest in CiDRA’s mining business to accelerate commercialization of CiDRA’s novel P29 mineral separation technology. The joint effort aims to deliver transformative flowsheet solutions to address declining ore grades, water limitations, carbon emissions and tailings safety around the world.
In October 2024, Bray International has forged a strategic partnership with Aquestia, becoming the exclusive distributor and retailer of their A.R.I. air valves and Dorot/OCV hydraulic control valves across North and South America, Europe, and Africa. This collaboration strengthens offerings in the mining and metals markets.
Types Covered:
• Solid Wedge Gate Valve
• Flexible Wedge Gate Valve
• Split Wedge or Parallel Disk Gate Valve
Materials Covered:
• Cast Iron
• Stainless Steel
• Carbon Steel
• Alloy Steel
• Bronze
• Other Materials
Sizes Covered:
• Up to 2 Inches
• 2–6 Inches
• 6–12 Inches
• 12–24 Inches
• Above 24 Inches
Actuations Covered:
• Manual
• Electric
• Pneumatic
• Hydraulic
Applications Covered:
• On/Off Isolation
• Throttling
End Users Covered:
• Oil & Gas
• Water & Wastewater Treatment
• Power Generation
• Chemicals
• Marine
• Mining
• Pharmaceuticals
• Pulp & Paper
• Other End Users
Regions Covered:
• North AmericaUSCanadaMexico
• EuropeGermanyUKItalyFranceSpainRest of Europe
• Asia PacificJapanChinaIndiaAustralia New ZealandSouth KoreaRest of Asia Pacific
• South AmericaArgentinaBrazilChileRest of South America
• Middle East & Africa Saudi ArabiaUAEQatarSouth AfricaRest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2022, 2023, 2024, 2026, and 2030
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Table of Contents
200 Pages
- 1 Executive Summary
- 2 Preface
- 2.1 Abstract
- 2.2 Stake Holders
- 2.3 Research Scope
- 2.4 Research Methodology
- 2.4.1 Data Mining
- 2.4.2 Data Analysis
- 2.4.3 Data Validation
- 2.4.4 Research Approach
- 2.5 Research Sources
- 2.5.1 Primary Research Sources
- 2.5.2 Secondary Research Sources
- 2.5.3 Assumptions
- 3 Market Trend Analysis
- 3.1 Introduction
- 3.2 Drivers
- 3.3 Restraints
- 3.4 Opportunities
- 3.5 Threats
- 3.6 Application Analysis
- 3.7 End User Analysis
- 3.8 Emerging Markets
- 3.9 Impact of Covid-19
- 4 Porters Five Force Analysis
- 4.1 Bargaining power of suppliers
- 4.2 Bargaining power of buyers
- 4.3 Threat of substitutes
- 4.4 Threat of new entrants
- 4.5 Competitive rivalry
- 5 Global Gate Valve Market, By Type
- 5.1 Introduction
- 5.2 Solid Wedge Gate Valve
- 5.3 Flexible Wedge Gate Valve
- 5.4 Split Wedge or Parallel Disk Gate Valve
- 6 Global Gate Valve Market, By Material
- 6.1 Introduction
- 6.2 Cast Iron
- 6.3 Stainless Steel
- 6.4 Carbon Steel
- 6.5 Alloy Steel
- 6.6 Bronze
- 6.7 Other Materials
- 7 Global Gate Valve Market, By Size
- 7.1 Introduction
- 7.2 Up to 2 Inches
- 7.3 2–6 Inches
- 7.4 6–12 Inches
- 7.5 12–24 Inches
- 7.6 Above 24 Inches
- 8 Global Gate Valve Market, By Actuation
- 8.1 Introduction
- 8.2 Manual
- 8.3 Electric
- 8.4 Pneumatic
- 8.5 Hydraulic
- 9 Global Gate Valve Market, By Application
- 9.1 Introduction
- 9.2 On/Off Isolation
- 9.3 Throttling
- 10 Global Gate Valve Market, By End User
- 10.1 Introduction
- 10.2 Oil & Gas
- 10.3 Water & Wastewater Treatment
- 10.4 Power Generation
- 10.5 Chemicals
- 10.6 Marine
- 10.7 Mining
- 10.8 Pharmaceuticals
- 10.9 Pulp & Paper
- 10.11 Other End Users
- 11 Global Gate Valve Market, By Geography
- 11.1 Introduction
- 11.2 North America
- 11.2.1 US
- 11.2.2 Canada
- 11.2.3 Mexico
- 11.3 Europe
- 11.3.1 Germany
- 11.3.2 UK
- 11.3.3 Italy
- 11.3.4 France
- 11.3.5 Spain
- 11.3.6 Rest of Europe
- 11.4 Asia Pacific
- 11.4.1 Japan
- 11.4.2 China
- 11.4.3 India
- 11.4.4 Australia
- 11.4.5 New Zealand
- 11.4.6 South Korea
- 11.4.7 Rest of Asia Pacific
- 11.5 South America
- 11.5.1 Argentina
- 11.5.2 Brazil
- 11.5.3 Chile
- 11.5.4 Rest of South America
- 11.6 Middle East & Africa
- 11.6.1 Saudi Arabia
- 11.6.2 UAE
- 11.6.3 Qatar
- 11.6.4 South Africa
- 11.6.5 Rest of Middle East & Africa
- 12 Key Developments
- 12.1 Agreements, Partnerships, Collaborations and Joint Ventures
- 12.2 Acquisitions & Mergers
- 12.3 New Product Launch
- 12.4 Expansions
- 12.5 Other Key Strategies
- 13 Company Profiling
- 13.1 Velan Inc.
- 13.2 AVK Holding A/S
- 13.3 KITZ Corporation
- 13.4 Flowserve Corporation
- 13.5 Emerson Electric Co.
- 13.6 Crane Co.
- 13.7 Powell Valves
- 13.8 Bonney Forge Corporation
- 13.9 Bray International
- 13.10 Dwyer Instruments Inc.
- 13.11 Pentair Plc
- 13.12 Valvitalia Group S.p.A
- 13.13 Babcock Valves
- 13.14 SAMSON AG
- 13.15 Neway Valve (Suzhou) Co., Ltd.
- 13.16 Weir Group PLC
- 13.17 CIRCOR International Inc.
- 13.18 Forbes Marshall
- 13.19 Walworth Inc.
- List of Tables
- Table 1 Global Gate Valve Market Outlook, By Region (2024-2032) ($MN)
- Table 2 Global Gate Valve Market Outlook, By Type (2024-2032) ($MN)
- Table 3 Global Gate Valve Market Outlook, By Solid Wedge Gate Valve (2024-2032) ($MN)
- Table 4 Global Gate Valve Market Outlook, By Flexible Wedge Gate Valve (2024-2032) ($MN)
- Table 5 Global Gate Valve Market Outlook, By Split Wedge or Parallel Disk Gate Valve (2024-2032) ($MN)
- Table 6 Global Gate Valve Market Outlook, By Material (2024-2032) ($MN)
- Table 7 Global Gate Valve Market Outlook, By Cast Iron (2024-2032) ($MN)
- Table 8 Global Gate Valve Market Outlook, By Stainless Steel (2024-2032) ($MN)
- Table 9 Global Gate Valve Market Outlook, By Carbon Steel (2024-2032) ($MN)
- Table 10 Global Gate Valve Market Outlook, By Alloy Steel (2024-2032) ($MN)
- Table 11 Global Gate Valve Market Outlook, By Bronze (2024-2032) ($MN)
- Table 12 Global Gate Valve Market Outlook, By Other Materials (2024-2032) ($MN)
- Table 13 Global Gate Valve Market Outlook, By Size (2024-2032) ($MN)
- Table 14 Global Gate Valve Market Outlook, By Up to 2 Inches (2024-2032) ($MN)
- Table 15 Global Gate Valve Market Outlook, By 2–6 Inches (2024-2032) ($MN)
- Table 16 Global Gate Valve Market Outlook, By 6–12 Inches (2024-2032) ($MN)
- Table 17 Global Gate Valve Market Outlook, By 12–24 Inches (2024-2032) ($MN)
- Table 18 Global Gate Valve Market Outlook, By Above 24 Inches (2024-2032) ($MN)
- Table 19 Global Gate Valve Market Outlook, By Actuation (2024-2032) ($MN)
- Table 20 Global Gate Valve Market Outlook, By Manual (2024-2032) ($MN)
- Table 21 Global Gate Valve Market Outlook, By Electric (2024-2032) ($MN)
- Table 22 Global Gate Valve Market Outlook, By Pneumatic (2024-2032) ($MN)
- Table 23 Global Gate Valve Market Outlook, By Hydraulic (2024-2032) ($MN)
- Table 24 Global Gate Valve Market Outlook, By Application (2024-2032) ($MN)
- Table 25 Global Gate Valve Market Outlook, By On/Off Isolation (2024-2032) ($MN)
- Table 26 Global Gate Valve Market Outlook, By Throttling (2024-2032) ($MN)
- Table 27 Global Gate Valve Market Outlook, By End User (2024-2032) ($MN)
- Table 28 Global Gate Valve Market Outlook, By Oil & Gas (2024-2032) ($MN)
- Table 29 Global Gate Valve Market Outlook, By Water & Wastewater Treatment (2024-2032) ($MN)
- Table 30 Global Gate Valve Market Outlook, By Power Generation (2024-2032) ($MN)
- Table 31 Global Gate Valve Market Outlook, By Chemicals (2024-2032) ($MN)
- Table 32 Global Gate Valve Market Outlook, By Marine (2024-2032) ($MN)
- Table 33 Global Gate Valve Market Outlook, By Mining (2024-2032) ($MN)
- Table 34 Global Gate Valve Market Outlook, By Pharmaceuticals (2024-2032) ($MN)
- Table 35 Global Gate Valve Market Outlook, By Pulp & Paper (2024-2032) ($MN)
- Table 36 Global Gate Valve Market Outlook, By Other End Users (2024-2032) ($MN)
- Note: Tables for North America, Europe, APAC, South America, and Middle East & Africa Regions are also represented in the same manner as above.
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