| Study Period | 2019 - 2030 |
| 2024 Market Size | USD 2,794.7 Million |
| 2025 Market Size | USD 2,916.8 Million |
| 2030 Forecast | USD 3,777.0 Million |
| Growth Rate (CAGR) | 5.1% |
| Largest Province | Al-Riyadh |
| Fastest Growing Province | Eastern Region |
| Nature of the Market | Fragmented |
| Largest Application | Oil & Gas |
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The Saudi Arabian valves market will generate an estimated revenue of USD 2,794.7 million in 2024, and it is expected to witness a CAGR of 5.1% during 2024–2030, to reach USD 3,777.0 million by 2030. Industrial development is playing a pivotal part in the upliftment of the economy of Saudi Arabia and driving the demand for valves. Moreover, by the end of 2035, the government has planned to set up 36,000 industrial facilities.
Moreover, the Kingdom of Saudi Arabia is known for its highly productive oil & gas industry, which is a major user of valves in downstream, upstream, and midstream activities. The gap between the demand for and supply of energy is encouraging E&P firms to invest their technological and financial resources in discovering novel oil fields and refining the efficiency of extraction.
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