According to the latest findings from the McIlvaine Company (based on the latest 12 month determinations) sales of global industrial valves in 2014 were USD $56 billion; the top 50 companies generated revenues of USD $22,900 billion representing 41 percent of the total. 16,000 other companies share the balance of revenues.
The top five valve companies have average sales of over USD $1.6 billion each and account for 15 percent of the total sales. The next five companies account for 7 percent of the sales. Therefore, the top 10 companies have 22 percent of the market.
Large valve companies are expanding through acquisitions and organic growth. Purchasers are also expanding geographically and need the support of international valve suppliers. This need is greatest for high performance valves. McIlvaine predicts the concentration of the industrial valve industry generally and particularly for high performance valves will continue.