Companies in this industry manufacture metal industrial and fluid power valves, hose fittings, and pipe fittings. Major companies include units of integrated process control companies such as Curtiss-Wright, Flowserve, Parker Hannifin, and Pentair (all based in the US), as well as valve manufacturers such as Crane (US), IMI (UK), Kitz (Japan), KSB (Germany), Mueller Water Products (US), and Watts Water (US).
The global industrial valves market is valued at more than $50 billion. By 2015, the world market for industrial valves is expected to reach more than $70 billion, according to Global Industry Analysts. Top countries for valve production include China, Germany, Japan, the UK, and the US.