China Industrial Valves Market Overview, 2028

China Industrial Valves Market Overview, 2028

The industrial valve industry in China is a dynamic and rapidly evolving sector that plays a pivotal role in the country's industrial landscape. With China's expansive manufacturing base, energy demands, and infrastructure development, the market for industrial valves in China is both extensive and diverse. Some of the valve manufacturers in China are Neway, XHVAL, Shanghai Lianggong Valve Group, Yuanda Valve-Yuanda Valve Group Co. Ltd, and others. Additionally, China is a significant exporter of industrial valves to international markets. The Metallurgical Council of the China Council for the Promotion of International Trade (Messe Düsseldorf China Ltd) hosts the Valve World Expo Asia. This is the leading Asian trade fair for industrial valves. The Chinese government is also promoting the development of the valve industry through its Made in China 2025 initiative. The Made in China 2025 initiative is a government plan to upgrade the Chinese manufacturing industry and make it more competitive in the global market. The valve industry is one of the key industries that are being targeted by the Made in China 2025 initiative. To ensure the quality and safety of industrial valves, China is increasingly focusing on implementing and adhering to international standards and regulations. This aligns with global market requirements and enhances the reputation of Chinese valve manufacturers.

According to the research report ""China Industrial Valves Market Overview, 2028,"" published by Bonafide Research, the Industrial Valves market was valued at more than USD 13 Billion in 2022. China's industrial valve market is poised for remarkable growth in the coming years, contributed by a combination of factors that reflect the country's rapid economic development and expanding industrial sectors. As China continues to invest heavily in infrastructure development, the demand for industrial valves across various industries is expected to surge. Major sectors such as oil and gas, petrochemicals, water and wastewater management, power generation, and manufacturing are all substantial contributors to this growth. China's insatiable appetite for energy, coupled with a growing focus on renewable energy sources, has led to substantial investments in the energy sector. Industrial valves play a crucial role in controlling the flow of oil, natural gas, and other resources, as well as in renewable energy systems like wind and solar farms. This heightened activity in the energy industry is expected to boost the demand for specialized valves designed to meet the unique requirements of these applications. Along with this the China's emphasis on sustainability and environmental responsibility is leading to a push for more efficient and eco-friendly industrial processes. Industrial valves, particularly those equipped with new technologies such as the Internet of Things (IoT), 3D printing, and advanced automation, are becoming increasingly integrated into systems that optimize resource usage, minimize waste, and reduce emissions. The adoption of smart valve solutions that can monitor and control processes remotely is becoming more common, further propelling the growth of the valve industry.

The market is segmented based on the type; including Globe Valve, Ball Valve, Butterfly Valve, Gate Valve, Check Valve, Pressure Relief Valve, Plug Valve, Needle Valve, Pinch Valve, Diaphragm Valve, and others (knife gate valve, float valve, pinch valve, air valve, standard plate valve, wedge gate valve). In the vast industrial landscape of China, the dominance of globe valves within the market is a noteworthy trend. These valves have established themselves as the leader of various industries due to their exceptional versatility and precise control over fluid flow. Globe valves in China find applications in a wide range of sectors, from manufacturing and energy production to petrochemical processing and water management. The capability of globe valves to finely modulate the flow rate, making them an indispensable tool for ensuring efficient and safe operations, has significantly contributed to their market supremacy. Along with this, the ball valves are celebrated for their simplicity, reliability, and quick shut-off capabilities. The easy-to-operate spherical closure unit, which can be swiftly rotated to allow or block the flow, makes ball valves invaluable in applications where immediate isolation of fluids is crucial, such as emergency shut-off systems, gas distribution, and plumbing systems. Gate valves are well-suited for applications involving high pressures and temperatures, such as in the oil and gas industry, power generation, and chemical processing. Their robust construction allows them to withstand harsh conditions.

Based on the material of industrial valves the market is segmented into cast iron, steel, alloy based, and others. In the diverse landscape of the industrial valve market, the segmentation based on materials is a crucial determinant of valve performance, durability, and suitability for specific applications. Among these materials, steel-based industrial valves assert a dominant position, holding a significant share in the market. Steel valves are mostly preferred for their exceptional strength, resilience, and versatility, making them suitable for a wide range of industrial applications. Stainless steel, in particular, stands out due to its excellent corrosion resistance properties, rendering it ideal for applications involving corrosive fluids and harsh environments. Carbon steel valves, with their durability and capacity to withstand high-pressure and high-temperature conditions, are commonly found in sectors like power generation, oil and gas, and petrochemical processing. Following closely behind steel-based valves are cast iron-based industrial valves, which also play a vital role across various industries. Cast iron is a cost-effective material choice, making it attractive for numerous applications, particularly in plumbing systems, wastewater treatment plants, and HVAC systems. Cast iron valves offer a reliable and economical solution for fluid control in situations where resistance to corrosion may not be the primary concern. Their robust construction and affordability make them indispensable in less demanding conditions, providing an effective means of controlling fluid flow.

The industrial valve has witnessed substantial growth and relevance across a wide spectrum of sectors, with several key industries prominently driving its expansion. Foremost among them is the oil and gas industry, where industrial valves are indispensable components for controlling the flow of fluids, ensuring safety, and optimizing production processes. In this sector, valves are deployed at every stage, from exploration and extraction to transportation and refining, highlighting their pivotal role in the energy supply chain. The chemical sector is another significant contributor to the industrial valve market. Industrial valves play a crucial role in handling and regulating the flow of various corrosive and hazardous chemicals. Their ability to ensure precise control over fluid flow is essential for maintaining safety standards and complying with environmental regulations in chemical processes. The energy and power industry extensively relies on industrial valves for power generation and distribution, which includes applications in thermal, hydroelectric, and nuclear power plants. Valves play a critical role in controlling steam, cooling water, and other fluids, helping maintain operational efficiency and safety. In addition to these major sectors, the pharmaceutical and food & beverages industries also make notable contributions to the overall growth of the industrial valve industry. In pharmaceuticals, the use of sterile valves is crucial for maintaining stringent hygiene and quality standards, particularly in the production of pharmaceutical products. The food and beverages industry employs sanitary valves to ensure the safety and quality of consumable products, making them integral to the production and processing of food and beverages. The continued growth and adaptability of the industrial valve industry reflect its importance in facilitating the efficient and secure flow of materials across various industries.

Considered in this report:
•Geography: China
•Historic year: 2017
•Base year: 2022
•Estimated year: 2023
•Forecast year: 2028

Aspects covered in this report:
•China Industrial Valves market with its value and forecast along with its segments
•Various drivers and challenges
•On-going trends and developments
•Top profiled companies
•Strategic recommendation

By Type:
•Globe Valve
•Ball Valve
•Butterfly Valve
•Gate Valve
•Check Valve
•Pressure Relief Valve
•Plug Valve
•Needle Valve
•Pinch Valve
•Diaphragm Valve
•Others

By Materials:
•Steel
•Cast Iron
•Alloy based
•Others

By Application:
•Water & Wastewater
•Oil & Gas
•Energy & Power/ Utilities
•Chemical
•Food & Beverages
•Pharmaceuticals
•Agriculture
•Others (automotive, marine, metals & mining ,construction, pulp & paper)

The approach of the report:
This report consists of a combined approach of primary as well as secondary research. Initially, secondary research was used to get an understanding of the market and list out the companies that are present in the market. The secondary research consists of third-party sources such as press releases, and annual reports of companies, analyzing the government-generated reports and databases. After gathering the data from secondary sources primary research was conducted by making telephonic interviews with the leading players about how the market is functioning and then conducting trade calls with dealers and distributors of the market. Post this we have started doing primary calls to consumers by equally segmenting consumers into regional aspects, tier aspects, age groups, and gender. Once we have primary data with us we started verifying the details obtained from secondary sources.

Intended audience:
This report can be useful to industry consultants, manufacturers, suppliers, associations & organizations related to the Industrial Valves industry, government bodies, and other stakeholders to align their market-centric strategies. In addition to marketing & presentations, it will also increase competitive knowledge about the industry.