In 2023, Germany led the European market for process control valves, gate valves, globe valves, and other valves with a volume of 179.58 million kilograms, showcasing a slight annual growth of 1.21%. The UK, despite experiencing a 0.52% decline, held a significant position at 77.55 million kilograms. Romania displayed robust growth with an increase of 2.0% to reach 17.235 million kilograms. Poland and Spain saw contractions with decreases of 0.21% and 2.73%, respectively. Belgium demonstrated a positive trend with a 1.57% rise, while Sweden highlighted strong growth at 6.26%. Portugal and Ireland observed minor changes.
Future trends to watch in the European valves market include an increasing focus on energy-efficient solutions and automation, driven by industry 4.0 advancements. Additionally, the sustainable and green movement’s influence may spur demand for more eco-friendly valve technologies. These factors, combined with geopolitical and regulatory impacts, are expected to shape market dynamics in varying degrees across the continent.
Top countries in Process Control Valves, Gate Valves, Globe Valves and Other Valves Market Size Volume by Country
| # | 9 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 179,580,000 | 2023 | +3.21% | +1.21% | View data |
| 2 | 2 United Kingdom | 77,550,000 | 2023 | +0.19% | -0.52% | View data |
| 3 | 3 Romania | 17,235,000 | 2023 | +1.22% | +2% | View data |
| 4 | 4 Poland | 16,116,000 | 2023 | -0.72% | -0.21% | View data |
| 5 | 5 Spain | 15,127,000 | 2023 | -6.32% | -2.73% | View data |
| 6 | 6 Belgium | 15,037,000 | 2023 | +2.03% | +1.57% | View data |
| 7 | 7 Sweden | 9,488,600 | 2023 | +5.3% | +6.26% | View data |
| 8 | 8 Portugal | 4,410,200 | 2023 | -0.075% | -0.34% | View data |
| 9 | 9 Ireland | 2,974,200 | 2023 | +3.93% | +0.67% | View data |