Middle East & Africa Industrial Valve Market

The Middle East & Africa industrial valve market is expected to grow from US$ 2,349.78 million in 2023 to US$ 2,776.10 million by 2028; it is estimated to grow at a CAGR of 3.4% from 2023 to 2028.

Rising Preference for Large Valves

Over the years, several companies operating in the Middle East & Africa industrial valve market have been focused on small valves. However, several other industries have showcased a rise in demand for large valves owing to the installation of large pipelines, as they offer higher flexibility compared to small valves. This has influenced the global industry valve market players to focus on new product development and strategic partnerships with clients to deliver products as per customer needs. For instance, in May 2022, Neway Valve announced its partnership with an anonymous oil company to supply gate valves of 88 inches and 72 inches. These valves are experiencing a rise in demand across various oil & gas companies owing to their high anti-leak features. Similarly, in February 2023, ARMATURY Group a.s. supplied 60 pieces of 43.5 inches gate valves to Gaz System for its Gustorzyn-Wronów-Dolna Odra project. Thus, the rising demand for large gate valves across industries is expected to offer lucrative business opportunities to the Middle East & Africa industry valve market players over the forecast period.

Middle East & Africa Industrial Valve Market Overview

Based on country, the industrial valve market in the Middle East & Africa (MEA) is segmented into South Africa, Saudi Arabia, the UAE, and the Rest of Middle East & Africa. The growing desalination business across the region due to constantly rising urbanization drives the regional market growth. Rising oil & gas business in northern Africa and the growing nuclear & renewable energy sectors are expected to fuel the industrial valve market in the Middle East & Africa during the forecast period. Water and wastewater applications across the Middle East & Africa and the petrochemical industry in the chemical industry are expected to boost the industrial valve market growth in the future.

Middle East & Africa Industrial Valve Market Revenue and Forecast to 2028 (US$ Million)

Middle East & Africa Industrial Valve Strategic Insights

Strategic insights for the Middle East & Africa Industrial Valve provides data-driven analysis of the industry landscape, including current trends, key players, and regional nuances. These insights offer actionable recommendations, enabling readers to differentiate themselves from competitors by identifying untapped segments or developing unique value propositions. Leveraging data analytics, these insights help industry players anticipate the market shifts, whether investors, manufacturers, or other stakeholders. A future-oriented perspective is essential, helping stakeholders anticipate market shifts and position themselves for long-term success in this dynamic region. Ultimately, effective strategic insights empower readers to make informed decisions that drive profitability and achieve their business objectives within the market.

Middle East & Africa Industrial Valve Report Scope

Middle East & Africa Industrial Valve Regional Insights

The geographic scope of the Middle East & Africa Industrial Valve refers to the specific areas in which a business operates and competes. Understanding local distinctions, such as diverse consumer preferences (e.g., demand for specific plug types or battery backup durations), varying economic conditions, and regulatory environments, is crucial for tailoring strategies to specific markets. Businesses can expand their reach by identifying underserved areas or adapting their offerings to meet local demands. A clear market focus allows for more effective resource allocation, targeted marketing campaigns, and better positioning against local competitors, ultimately driving growth in those targeted areas.

Middle East & Africa Industrial Valve Market Segmentation

The Middle East & Africa industrial valve market is segmented based on material type, valve type, industry, and country. Based on material type, the Middle East & Africa industrial valve market is segmented into cast iron, steel, cryogenic, alloy-based, and others. The steel segment held the largest market share in 2023.

Based on valve type, the Middle East & Africa industrial valve market is segmented into ball valves, butterfly valves, diaphragm valves, safety valves, piston ram valves, gate valves, and control valves. The ball valves segment held the largest market share in 2023.

Based on industry, the Middle East & Africa industrial valve market is bifurcated into oil & gas and chemicals & petrochemical. The oil & gas segment held a larger market share in 2023.

Based on country, the Middle East & Africa industrial valve market is segmented into Saudi Arabia, South Africa, the UAE, and the Rest of Middle East & Africa. Saudi Arabia dominated the Middle East & Africa industrial valve market share in 2023.

Velan Inc.; Crane Co.; Circor International Inc.; Flowserve Corp; Emerson Electric Co.; KITZ Corporation; Neway Valve (Suzhou) Co., Ltd; Spirax Sarco Engineering Plc; Schlumberger Ltd; and Weir Group PLC are the leading companies operating in the Middle East & Africa industrial valve market.