Asia Pacific Industrial Valve Market, By Product (Gate Valves, Globe Valves, Ball Valves, Butterfly Valves, Check Valves and Plug Valves), By Valve Type, By Material Type, By End-User, By Country - Industry Analysis, Market Size, Market Share & Forecast from 2024-2032
REPORT HIGHLIGHT
Asia Pacific Industrial Valve Market was valued at USD 20,897.23 million in 2023, expanding at a CAGR of 6.1% from 2024 to 2032.
Industrial valves are mechanical devices that regulate the movement of liquids or gases within a system by either opening, closing, or partially obstructing passages. These valves are specifically designed to withstand high pressure and harsh environments, ensuring their durability over many years of use. Their significance lies in their ability to control the flow of fluids, gases, and other substances in piping systems, making them crucial components in various industrial processes. From the production of food and beverages to oil and gas extraction, as well as in the chemical, pharmaceutical, and general manufacturing industries, including cryogenic applications, these valves play a vital role in ensuring the safe and efficient operation of diverse applications.
Asia Pacific Industrial Valve Market- Market Dynamics
The Asia Pacific Industrial Valve market is expected to experience a surge in demand due to the growing needs in the Oil and Gas Industry
The Asia Pacific region plays a crucial role in both consuming and producing oil and gas. To ensure safe and efficient operations in the ongoing exploration, production, and transportation activities in this sector, a wide range of industrial valves are required. To enhance operational efficiency, safety, and monitoring capabilities, the oil and gas industry is increasingly embracing automated and smart valve solutions. According to the International Energy Administration, China had record oil and gas imports in 2018 and currently holds the position of the world\'s top crude oil importer, surpassing the United States in 2017. Additionally, China is the second-largest natural gas importer, following Japan. Despite being the fifth-largest oil producer globally, China is committed to environmental cleanup and reducing reliance on coal. This commitment, along with significant investments in infrastructure projects like manufacturing plants, water treatment facilities, and power generation plants, presents substantial opportunities for valve manufacturers. However, the market growth may be limited by the high initial costs associated with these valves.
SCOPE OF THE REPORT
The scope of this report covers the market by its major segments, which include as follows:
ASIA PACIFIC INDUSTRIAL VALVE MARKET KEY PLAYERS- DETAILED COMPETITIVE INSIGHT
Emerson Electric Co.
Schlumberger N.V.
IMI Plc.
Crane Co.
Flowserve Corporation
Metso Outotec Corporation
The Weir Group PLC
AVK Holding A/S
Avcon Controls Pvt. Ltd.
Forbes Marshall Pvt. Ltd
Others
ASIA PACIFIC INDUSTRIAL VALVE MARKET, BY PRODUCT TYPE - MARKET ANALYSIS, 2019 - 2032
Gate Valves
Globe Valves
Ball Valves
Butterfly Valves
Check Valves
Plug Valves
Others
ASIA PACIFIC INDUSTRIAL VALVE MARKET, BY VALVE TYPE - MARKET ANALYSIS, 2019 - 2032
Manual Valves
Automatic Valves
ASIA PACIFIC INDUSTRIAL VALVE MARKET, BY MATERIAL TYPE- MARKET ANALYSIS, 2019 - 2032
Cast Iron Valves
Steel Valves
Alloy Valves
Bronze Valves
Others
ASIA PACIFIC INDUSTRIAL VALVE MARKET, BY End-User - MARKET ANALYSIS, 2019 - 2032
Oil and Gas
Building and Construction
Semiconductors
Water and Waste Treatment
Chemical, Energy, and Utilities
Food and Beverages
Pharmaceutical
Agriculture
Marine
Automotive
Metals and Mining
Paper and Pulp
Others
ASIA PACIFIC INDUSTRIAL VALVE MARKET, BY COUNTRY- MARKET ANALYSIS, 2019 - 2032
India
China
South Korea
Japan
Australia
Thailand
Indonesia
Philippines
Rest of APAC
TABLE OF CONTENT
1. Asia Pacific Industrial Valve Market Overview
1.1. Study Scope
1.2. Market Estimation Years
2. Executive Summary
2.1. Market Snippet
2.1.1. Asia Pacific Industrial Valve Market Snippet by Product
2.1.2. Asia Pacific Industrial Valve Market Snippet by Valve Type
2.1.3. Asia Pacific Industrial Valve Market Snippet by Material Type
2.1.4. Asia Pacific Industrial Valve Market Snippet by End-User
2.1.5. Asia Pacific Industrial Valve Market Snippet by Country
2.1.6. Asia Pacific Industrial Valve Market Snippet by Region
2.2. Competitive Insights
3. Asia Pacific Industrial Valve Key Market Trends
3.1. Asia Pacific Industrial Valve Market Drivers
3.1.1. Impact Analysis of Market Drivers
3.2. Asia Pacific Industrial Valve Market Restraints
3.2.1. Impact Analysis of Market Restraints
3.3. Asia Pacific Industrial Valve Market Opportunities
3.4. Asia Pacific Industrial Valve Market Future Trends
4. Asia Pacific Industrial Valve Industry Study
4.1. PEST Analysis
4.2. Porter’s Five Forces Analysis
4.3. Growth Prospect Mapping
4.4. Regulatory Framework Analysis
5. Asia Pacific Industrial Valve Market: COVID-19 Impact Analysis
5.1. Pre-COVID-19 Impact Analysis
5.2. Post-COVID-19 Impact Analysis
5.2.1. Top Performing Segments
5.2.2. Marginal Growth Segments
5.2.3. Top Looser Segments
5.2.4. Marginal Loss Segments
6. Asia Pacific Industrial Valve Market Landscape
6.1. Asia Pacific Industrial Valve Market Share Analysis, 2023
6.2. Breakdown Data, by Key Manufacturer
6.2.1. Established Players’ Analysis
6.2.2. Emerging Players’ Analysis
7. Asia Pacific Industrial Valve Market – By Product
7.1. Overview
7.1.1. Segment Share Analysis, By Product, 2023 & 2032 (%)
7.1.2. Gate Valves
7.1.3. Globe Valves
7.1.4. Ball Valves
7.1.5. Butterfly Valves
7.1.6. Check Valves
7.1.7. Plug Valves
7.1.8. Others
8. Asia Pacific Industrial Valve Market – By Valve Type
8.1. Overview
8.1.1. Segment Share Analysis, By Valve Type, 2023 & 2032 (%)
8.1.2. Manual Valves
8.1.3. Automatic Valves
9. Asia Pacific Industrial Valve Market – By Material Type
9.1. Overview
9.1.1. Segment Share Analysis, By Material Type, 2023 & 2032 (%)
9.1.2. Cast Iron Valves
9.1.3. Steel Valves
9.1.4. Alloy Valves
9.1.5. Bronze Valves
9.1.6. Others
10. Asia Pacific Industrial Valve Market – By End-User
10.1. Overview
10.1.1. Segment Share Analysis, By End-User, 2023 & 2032 (%)
10.1.2. Oil and Gas
10.1.3. Building and Construction
10.1.4. Semiconductors
10.1.5. Water and Waste Treatment
10.1.6. Chemical, Energy and Utilities
10.1.7. Food and Beverages
10.1.8. Pharmaceutical
10.1.9. Agriculture
10.1.10. Marine
10.1.11. Automotive
10.1.12. Metals and Mining
10.1.13. Paper and Pulp
10.1.14. Others
11. Asia Pacific Industrial Valve Market– By Geography
11.1. Introduction
11.1.1. Segment Share Analysis, By Geography, 2023 & 2032 (%)
11.2. Asia Pacific (APAC)
11.2.1. Overview
11.2.2. Asia Pacific Industrial Valve Key Manufacturers in Asia Pacific
11.2.3. Asia Pacific Market Size and Forecast, By Country, 2019 - 2032 (US$ Million)
11.2.4. Asia Pacific Market Size and Forecast, By Product, 2019 - 2032 (US$ Million)
11.2.5. Asia Pacific Market Size and Forecast, By Valve Type, 2019 - 2032 (US$ Million)
11.2.6. Asia Pacific Market Size and Forecast, By Material Type, 2019 - 2032 (US$ Million)
11.2.7. Asia Pacific Market Size and Forecast, By End-User, 2019 - 2032 (US$ Million)
11.2.8. India
11.2.8.1. Overview
11.2.8.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
11.2.8.3. India Market Size and Forecast, By Product, 2019 - 2032 (US$ Million)
11.2.8.4. India Market Size and Forecast, By Valve Type, 2019 - 2032 (US$ Million)
11.2.8.5. India Market Size and Forecast, By Material Type, 2019 - 2032 (US$ Million)
11.2.8.6. India Market Size and Forecast, By End-User, 2019 - 2032 (US$ Million)
11.2.9. China
11.2.9.1. Overview
11.2.9.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
11.2.9.3. China Market Size and Forecast, By Product, 2019 - 2032 (US$ Million)
11.2.9.4. China Market Size and Forecast, By Valve Type, 2019 - 2032 (US$ Million)
11.2.9.5. China Market Size and Forecast, By Material Type, 2019 - 2032 (US$ Million)
11.2.9.6. China Market Size and Forecast, By End-User, 2019 - 2032 (US$ Million)
11.2.10. Japan
11.2.10.1. Overview
11.2.10.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
11.2.10.3. Japan Market Size and Forecast, By Product, 2019 - 2032 (US$ Million)
11.2.10.4. Japan Market Size and Forecast, By Valve Type, 2019 - 2032 (US$ Million)
11.2.10.5. Japan Market Size and Forecast, By Material Type, 2019 - 2032 (US$ Million)
11.2.10.6. Japan Market Size and Forecast, By End-User, 2019 - 2032 (US$ Million)
11.2.11. South Korea
11.2.11.1. Overview
11.2.11.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
11.2.11.3. South Korea Market Size and Forecast, By Product, 2019 - 2032 (US$ Million)
11.2.11.4. South Korea Market Size and Forecast, By Valve Type, 2019 - 2032 (US$ Million)
11.2.11.5. South Korea Market Size and Forecast, By Material Type, 2019 - 2032 (US$ Million)
11.2.11.6. South Korea Market Size and Forecast, By End-User, 2019 - 2032 (US$ Million)
11.2.12. Australia
11.2.12.1. Overview
11.2.12.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
11.2.12.3. Australia Market Size and Forecast, By Product, 2019 - 2032 (US$ Million)
11.2.12.4. Australia Market Size and Forecast, By Valve Type, 2019 - 2032 (US$ Million)
11.2.12.5. Australia Market Size and Forecast, By Material Type, 2019 - 2032 (US$ Million)
11.2.12.6. Australia Market Size and Forecast, By End-User, 2019 - 2032 (US$ Million)
11.2.13. Thailand
11.2.13.1. Overview
11.2.13.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
11.2.13.3. Thailand Market Size and Forecast, By Product, 2019 - 2032 (US$ Million)
11.2.13.4. Thailand Market Size and Forecast, By Valve Type, 2019 - 2032 (US$ Million)
11.2.13.5. Thailand Market Size and Forecast, By Material Type, 2019 - 2032 (US$ Million)
11.2.13.6. Thailand Market Size and Forecast, By End-User, 2019 - 2032 (US$ Million)
11.2.14. Indonesia
11.2.14.1. Overview
11.2.14.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
11.2.14.3. Indonesia Market Size and Forecast, By Product, 2019 - 2032 (US$ Million)
11.2.14.4. Indonesia Market Size and Forecast, By Valve Type, 2019 - 2032 (US$ Million)
11.2.14.5. Indonesia Market Size and Forecast, By Material Type, 2019 - 2032 (US$ Million)
11.2.14.6. Indonesia Market Size and Forecast, By End-User, 2019 - 2032 (US$ Million)
11.2.15. Philippines
11.2.15.1. Overview
11.2.15.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
11.2.15.3. Philippines Market Size and Forecast, By Product, 2019 - 2032 (US$ Million)
11.2.15.4. Philippines Market Size and Forecast, By Valve Type, 2019 - 2032 (US$ Million)
11.2.15.5. Philippines Market Size and Forecast, By Material Type, 2019 - 2032 (US$ Million)
11.2.15.6. Philippines Market Size and Forecast, By End-User, 2019 - 2032 (US$ Million)
11.2.16. Rest of APAC
11.2.16.1. Overview
11.2.16.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
11.2.16.3. Rest of APAC Market Size and Forecast, By Product, 2019 - 2032 (US$ Million)
11.2.16.4. Rest of APAC Market Size and Forecast, By Valve Type, 2019 - 2032 (US$ Million)
11.2.16.5. Rest of APAC Market Size and Forecast, By Material Type, 2019 - 2032 (US$ Million)
11.2.16.6. Rest of APAC Market Size and Forecast, By End-User, 2019 - 2032 (US$ Million)
12. Key Vendor Analysis- Asia Pacific Industrial Valve Industry
12.1. Competitive Dashboard
12.2. Company Profiles
12.2.1. Emerson Electric Co.
12.2.2. Schlumberger N.V.
12.2.3. IMI Plc.
12.2.4. Crane Co.
12.2.5. Flowserve Corporation
12.2.6. Metso Outotec Corporation
12.2.7. The Weir Group PLC
12.2.8. AVK Holding A/S
12.2.9. Avcon Controls Pvt. Ltd.
12.2.10. Forbes Marshall Pvt. Ltd
12.2.11. Others
13. 360 Degree Analyst View
14. Appendix
14.1. Research Methodology
14.2. References
14.3. Abbreviations
14.4. Disclaimer
14.5. Contact Us
