The global industrial valves market size is expected to reach $93,664.

9 million in 2028, from

$58,547.9 million in 2020, growing at a CAGR of 6.0% from 2021 to 2028. 
Focusing on Indian market according to research, India industrial valves market is
projected as $2.2 billion (approx. 16,69,775 crore rupees) in 2021 to reach $3.0 billion
(approx.  2,256,453 crore rupees) by 2023 with growth at a CAGR of 13%. As organized
sector of Indian Valve industry is 60 to 70 percent, Bhartiya Valve holds 0.58% in total
organized sector.
Bharatiya valve pvt. Ltd. Was considered among the major player in the Indian valve
Industry considering market share of L&T Valves Limited, KSB MIL Controls Limited, Virgo
Valves & Controls Private Limited, Weir India Private Limited, Micro Finish Valves Private
Limited, Samson Controls Private Limited, Instrumentation Limited, NSSL Limited, Koso
India Private Limited, Kirloskar Brothers Limited, etc. The market is highly fragmented due
to the presence of a large number of small players.

Indian Industrial Valves Market

3.5 R -13
%
CA G 3
3
2.5 2.2
Billion USD

2
1.5
1
0.5
0
2021 2023