2025-2030 industry valves industry market research and development trend forecast

The demand for clean energy will become the core driving force for the development of the industrial valve industry in the future

1, industry valves overview and classification analysis

industry valves are pressure pipeline element, used to change the pipeline section and the direction of the flow of the medium, control the pressure, flow, temperature of the conveying medium, with diversion, interception, regulation, prevent backflow, diversion or overflow pressure relief and other functions, widely used in various fields of the national economy, is an important equipment in energy, petrochemical, chemical, metallurgy, electric power and other industries. It is also one of the key equipment in fixed assets such as machinery and pipelines.

Industry valves structure is classified as follows:

The gate valve opens or closes the pipeline by lifting the valve flap (gate), and the direction of motion of the gate is perpendicular to the direction of the medium flow. Gate valve is suitable for full open and close operation, not suitable for regulating flow.

Globe valve The disc moves along the center line of the seat and is used to regulate or cut off fluid. The fluid resistance of the globe valve is relatively large, but it can regulate the flow rate better. Ball valve uses a ball with a hole in the middle as a opening and closing part, and rotates 90 degrees to quickly open or close the valve.

Ball valve compact structure, quick switching, sealing performance is good. The pressure reducing valve is used to adjust the higher inlet pressure to the lower outlet pressure and keep the outlet pressure stable.

The butterfly valve controls the flow of fluid by rotating the disc-shaped disc, which is usually rotated at an Angle of 0 to 90 degrees. Butterfly valves are small in size and light in weight, suitable for large diameter applications. The plug valve controls the fluid by rotating the plug with a hole, and is divided into straight-through, three-way and other structures.

The plug valve is simple to operate and has little fluid resistance. The diaphragm valve uses the diaphragm as the opening and closing part to control the flow of fluid by changing the shape of the diaphragm. Suitable for applications containing granular, viscous or corrosive media.

Throttle valves are used to regulate the flow of the medium, usually similar to the globe valve structure, but pay more attention to the adjustment accuracy.

Check valve: automatically open and close depending on the flow pressure of the medium itself or the spring force to prevent the backflow of the medium. There are many kinds of structures such as lifting type and swinging type.

Global industry valves markets size analysis and forecast

Global valve market size Valve manufacturing downstream mainly includes oil and gas, energy, refining, chemical, wastewater, paper, irrigation, steel, medicine and other industries. The valve demand of the oil and gas industry is the largest, accounting for 17% in the downstream industry valves manufacturing, and the second, third and fourth industries are energy, refining and chemical industry, accounting for 14%, 13% and 11%, respectively. With the continuous growth of global energy demand, increased infrastructure investment, and a series of factors such as the sustained and rapid development of industries in developing countries such as China and India, the global industrial valve market continues to grow. The market size of the global valve manufacturing industry in 2020 is 73.2 billion US dollars; In recent years, with the increasingly severe problems of energy conservation and emission reduction, green environmental protection, and the emergence of emerging technologies such as artificial intelligence, the valve industry has also begun to conduct an overall transformation, to explore the direction of intelligence, low-carbon, customization, etc., is expected to 2026, the global valve manufacturing industry market size will reach 92.3 billion US dollars, with a compound annual growth rate of 3.9%.

Chinese industry Valves market size

Benefiting from the adjustment of national industrial structure, the transformation of economic growth mode, the promotion of energy saving and emission reduction measures, etc., the project investment and technological transformation demand of downstream industries are catalyzed by the positive stimulus, and the rapid growth of China’s industrial valve market. In 2022, the national valve market size is 90.48 billion yuan. The market size of China’s valve manufacturing industry has jumped to second place in the total global market, second only to the United States. As the economy continues to recover, China’s industrial valve demand is expected to maintain the growth trend, 2021-2026, China’s valve manufacturing industry compound annual growth rate of 6.2%, is expected by the end of 2026, China’s valve manufacturing market size will reach 18.2 billion US dollars, up 43.47% from 2020.

Industry valves development trend

(1) Technology transformation high-end manufacturing, accelerate the process of localization

For a long time, China’s high-end industry valves products have been monopolized by valve giants in developed countries such as the United States, Europe and Japan, and China’s industrial valve enterprises have a low degree of participation. With the continuous and in-depth development of China’s industrial valve industry, there have emerged a number of advanced technology, strong research and development strength, technical team experienced, strong capital of major industrial valve enterprises, these enterprises are increasing the development and innovation of new materials, new processes, new methods, some technology has reached the international advanced level, to achieve some high-end valve products localization. In the future, with the continuous development of China’s economy and the encouragement of policies, the industrial valve industry will have more valve enterprises with strong comprehensive strength and high-end manufacturing conditions, and accelerate the localization process of high-end industrial valve products.

(2) The control of quality standards has become stricter, and the concentration of the industry has been promoted

At present, the industry valves market concentration is low, and the product quality is uneven, which may bring hidden dangers to industrial production and people’s life and property safety. In recent years, for the industrial valve industry, the state and industry self-regulatory associations have launched relevant national standards, industry standards and group standards, improve the quality of product access threshold, which will gradually phase out many small enterprises with small scale, weak production capacity and weak financial strength, thus improving the overall concentration of the industry, making the market enter healthy competition. On the other hand, with the development of the industry and the deepening of market cognition, enterprises with strong R & D design and production and manufacturing capabilities as well as their own brands will further consolidate their market position. Highly competitive enterprises can use technology and brand strength to obtain more market share, to a certain extent, improve the industry concentration and the overall competitiveness of the industry.

(3) The demand for clean energy valves will become the core driving force of the future industrial valve market

In recent years, the scale of China’s clean energy industry has been expanding, and clean energy has become an important force for energy transformation and development. The development of clean energy represented by nuclear power, hydropower, wind power, solar energy, natural gas and hydrogen energy has been highly valued by government departments and has broad prospects. Today’s world energy development is changing rapidly, “rich coal, poor oil, less gas” energy resource endowment determines that China must carry out energy structure adjustment, and actively promote the green and low-carbon energy transformation. In this process, whether it is in deep-sea oil and gas development, liquefied natural gas storage and transportation, and new energy development, more high-end valves are needed, especially in the fields of solar energy, hydrogen energy and nuclear power. In the field of solar energy, the construction of photovoltaic power stations across the country is in full swing; In the field of hydrogen energy, the construction of hydrogen refueling stations has developed rapidly. In the field of nuclear power, the state is also approving the construction of new nuclear power units.

In the future, with the deepening of the country’s attention to new energy, the introduction of relevant policies will greatly promote the development of the clean energy market, which will produce a large number of high-end industry valves demand, industry valve demand in the field of clean energy will become one of the main driving forces for the development of the industrial valve industry in the future.

(4) The future of industry valves will be intelligent and digital development

From the perspective of product technology, with the development of modern manufacturing, the customer demand of the valve industry has undergone fundamental changes. Especially in recent years, all industries are deeply implementing the deep integration of the two, all kinds of valve products intelligent, digital requirements continue to improve, self-diagnosis, self-sensing, self-monitoring and remote monitoring, remote repair, remote operation and maintenance and other interconnection modes are widely used in all kinds of production scenarios.

In the future, industry valves manufacturing enterprises will solidly promote the intelligent manufacturing strategy, and actively use various technical means to improve product performance and intelligence, in order to meet the increasing intelligent and digital needs of customers.

5. Major enterprises in the industry

(1) Major foreign-funded enterprises

As the world’s largest manufacturing country, China’s industry valves market is broad, attracting many foreign enterprises, such as the United States Fisher, the United States FOss, Germany Samson, Japan tooling, Finland Metso and so on. Due to strong financial strength, deep technical accumulation and rich industrial experience, relevant foreign enterprises occupy a relatively major position in the industry valves market, especially the high-end market.