Hybrid Valves Market Size Growth - By Material (Steel, Tungsten Carbide, Duplex Nickel, Titanium, Alloy, Others), By Valve Size (Up to 1”, 1” to 6”, 6” to 25”, 25” to 50”, 50” and Larger), By Industry (Oil & gas, Energy & Power, Water & Wastewater, Building & Construction, Chemicals, Pharmaceuticals, Agriculture, Metal & Mining, Paper & Pulp, Food & Beverages, Others), and By Region: Statistics Reports, Supply & Demand Analysis, Global Opportunity 2025-2032

Global Market Synopsis, Forecast, Trend, and Growth Up To 2032

The Hybrid Valves Market size was valued at US$ 1.51 Bn in 2025, it is estimated to grow at a CAGR of 6.64% from 2025 to 2032 and reach US$ 2.34 Bn by the end of 2032. The growing adoption of hybrid valves across industries is one of the key drivers for growth in the hybrid valves industry.

Market Overview

Hybrid valves are used in a number of industrial sectors. These include chemical, oil and gas water treatment, and power generation. Hybrid valves can also find applications in optimizing pressure and fluid flow. Due to their reliability, improved performance, and control they offer over similar traditional valves, they may help reduce costs and improve energy efficiency.

There is a growing demand for safety and reliability in important applications such as oil and gas pipelines, nuclear power plants, and chemical facilities, and in industries like water treatment and power generation.

Hybrid Valves Market Growth Drivers

• Rising demand to regulate over noise, vibration, and cavitation to fuel the market growth in coming times.
• Hybrid valves market players' rising investment in research and networking capacity will further drive market growth.
• Rising energy and power generation demand is going to fuel the market short-term.
• Throughout the world, rising number of refineries and petrochemicals will spur market growth in the short term.
• Hybrid valve demand is rising within GCC countries, and further market growth is expected shortly.

Top Key Players

Some of the major players functioning in the hybrid valves industry include:

• Flowserve Corporation
• IMI plc
• Emerson Electric Company
• CIRCOR International, Inc.
• Carter Process Control GmbH

Segment Analysis

Material Segment

The steel segment accounted for the largest market share of hybrid valves in 2024. The latter's dominance is due to an increase in demand for the steel material in applications including high temperature and steam application owing to a need for greater flow control and handling a corrosive media application in water & wastewater treatment as well as chemicals industries over the forecast period.

In the hybrid valves market, the alloy segment is likely to achieve significant growth in the forecast period. Alloy hybrid valves are special values that combine different alloys to enhance their performance in specific applications. Improvement of resistance in corrosive and abrasive environments can help alloys achieve superior strength and improved performance durability in the subsequent period.

Industry Segment

Chemical segment dominated the hybrid valves market in 2024. The growth in this segment can be attributed to the growing adoption of hybrid valves in chemical plants for the control of complex & distinctive noises which carry acoustical problems. Furthermore, growth in consent decrees on noise, air, and water contamination implemented in refineries are major demand generation factors for hybrid valves in the chemical sector.

The oil & gas segment is the fastest-growing hybrid valves market during the period of study. This is on account of increased usage of hybrid valves in oil and gas industries to maintain uninterrupted oil and gas flows through pipelines, storage tanks, and other upstream as well as downstream operations. Hybrid valves also aid in controlling liquids, gases, and steam during the treatment processes.

Valve Size Section

The 6" to 25", segment had significant market share in the total hybrid valves market in 2024. This is because 6-inch to 25-inch hybrid valves are used for efficient control over fluids, gases, and steam flow. These valves are also used to maintain oil and gas flow in pipelines. Such hybrid valves are also used to control the flow of steam and fluids in several other applications.

Market Scope

Market Dynamics

Drivers

Hybrid valves are applied increasingly in the manufacturing facility

Hybrid valves are gaining more applications by chemicals, metals, and mining, oil and gas, and pharmaceutical industries for reducing applications of pressure, vibration, and noise. Thus, the demand for hybrid valves is increased by oil and gas industries to avoid corrosion and excess pressure during production.

Restraints

Limited awareness and adoption

Less adoption and awareness among industry players about hybrid valves represent a huge constraint in the hybrid valves market. Since there is a lack of awareness, the growth might be hampered with slower adoption rates. The above challenge requires specific educational efforts about the benefits of hybrid valves, which show their ability to enhance performance and reduce operational costs across different industries.

Opportunity

Attention towards automation and wireless monitoring.

With the advanced technologies, valves can be remotely controlled from any far-off place in a way such that the changes take place in real time, which smoothes the fluid management process. This automation also increases the accuracy and reduces labor cost during the operations.

The wireless monitoring systems can guarantee continuous data about valve performance by keeping downtime at the low minimum and allowing proactive maintenance. All these developments entail a considerable step forward in bolstering industrial procedures by bringing about swift operations in the hybrid valves market.

Key Takeaways

• North America dominated the hybrid valves market, accounting for the largest share of 49% in 2024.
• Steel is the segment that held the highest market share in the market in 2024.
• Alloy is expected to grow at a considerable rate in the market during the forecast period.
• Chemical is the industry holding the top share in the market in 2024.
• The highest growth rate in the market during the studied period will be in the oil & gas segment by industry.
• In terms of valve size, in 2024, the market was dominated by the 6" to 25" size category globally.

Regional Analysis

North America dominated the global hybrid valves market in 2024. The growth in the region is primarily attributed to increased industrial automation and efficient fluid control systems. Moreover, innovative production techniques along with stringent environmental regulations are other factors contributing to the growth in the market. Also, key players are emphasizing the need for designing new hybrid valve solutions to cater to the varied industry demands from end-users in different industries.

Asia Pacific is likely to experience the highest growth in the hybrid valves market over the forecast period. This mainly reflects the economic growth that is happening in the developing countries like China and India. Whose work demands high performance valves. In addition, infrastructure development investments growth is coupled with the efforts of the government in water harvesting.

Recent Trends

• In May 2023, Dymet Alloys attended AlSTech 2023, which is an iron and steel technology conference. The conference availed an understanding of the engineering and technological know-how required by steel producers, suppliers, and consultants.
• In April 2022, Emerson added a new three-way Series 090 valve design to its ASCOTM Series 090 line of micro solenoid valves, enabling lighter, more space-efficient solutions for gas regulation for applications in oxygen treatment, pressure therapy, and gas meter devices.
• Emerson released the TopWorxTM DX PST with HART 7 in May 2022. The devices offered critical valve data and diagnostic information, which was used to transform the process application into a digital form. The new DX PST was easy to integrate into existing valves and control systems to enable the operators to have access to critical valve data, trends, and diagnostics used to predict and schedule maintenance.

Segments Covered in the Report

By Material

• Steel
• Tungsten Carbide
• Duplex Nickel
• Titanium
• Alloy
• Others

By Valve Size

• Up to 1”
• 1” to 6”
• 6” to 25”
• 25” to 50”
• 50” and Larger

By Industry

• Oil & gas
• Energy & Power
• Water & Wastewater
• Building & Construction
• Chemicals
• Pharmaceuticals
• Agriculture
• Metal & Mining
• Paper & Pulp
• Food & Beverages
• Others

By Geography

• North America
• Asia Pacific
• Europe
• Latin America
• Middle East & Africa