According to Cognitive Market Research, the global Nuclear Grade Valvemarket size is USD 6241.2 million in 2024. It will expand at a compound annual growth rate (CAGR) of 13.30% from 2024 to 2031.
North America held the major market share for more than 40% of the global revenue with a market size of USD 2496.48 million in 2024 and will grow at a compound annual growth rate (CAGR) of 11.5% from 2024 to 2031.
Europe accounted for a market share of over 30% of the global revenue with a market size of USD 1872.36 million.
Asia Pacific held a market share of around 23% of the global revenue with a market size of USD 1435.48 million in 2024 and will grow at a compound annual growth rate (CAGR) of 15.3% from 2024 to 2031.
Latin America had a market share for more than 5% of the global revenue with a market size of USD 312.06 million in 2024 and will grow at a compound annual growth rate (CAGR) of 12.7% from 2024 to 2031.
Middle East and Africa hada market share of around 2% of the global revenue and was estimated at a market size of USD 124.82 million in 2024 and will grow at a compound annual growth rate (CAGR) of 13.0% from 2024 to 2031.
The fastest-growing categories in the nuclear grade valve market is the Balance of Plant (BOP) application segment. BOP valves support various auxiliary systems outside the reactor core, such as cooling water circuits, steam generation, and emergency cooling systems.
