Asia-Pacific Industrial Valves Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

The Report Covers the Annual Revenue and Supply of the Asia-Pacific Industrial Valves Market. It is Segmented by Type (Butterfly Valve, Ball Valve, Globe Valve, Gate Valve, Plug Valve, and Other Types), Product (Quarter-Turn Valve, Multi-Turn Valve, and Other Products), Application (Power, Water and Wastewater Management, Chemicals, Oil and Gas, Food Processing, Pulp and Paper, and Other Applications), and Geography (China, India, Japan, South Korea, Thailand, Malaysia, Indonesia, Vietnam, and Rest of Asia-Pacific). The Report Offers Market Size and Forecast are Provided in Terms of Revenue (USD) for all the Above Segments.

Asia-Pacific Industrial Valves Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

Asia-Pacific Industrial Valves Market Size

View Global Report
Asia-Pacific Industrial Valves Market Summary
Study Period 2019 - 2030
Base Year For Estimation 2024
Forecast Data Period 2025 - 2030
Market Size (2025) USD 23.23 Billion
Market Size (2030) USD 30.60 Billion
CAGR (2025 - 2030) 5.67 %
Market Concentration Low

Major Players

Asia-Pacific Industrial Valves Market Major Players

*Disclaimer: Major Players sorted in no particular order

Compare market size and growth of Asia-Pacific Industrial Valves Market with other markets in Chemicals & Materials Industry

Plastics, Polymers, and Elastomers

Adhesives and Sealants

Commodity Chemicals

Water and Wastewater Treatment

Advanced Materials

Construction Chemicals and Materials

Asia-Pacific Industrial Valves Market Analysis

The Asia-Pacific Industrial Valves Market size is estimated at USD 23.23 billion in 2025, and is expected to reach USD 30.60 billion by 2030, at a CAGR of 5.67% during the forecast period (2025-2030).

The Asia-Pacific industrial valve market is experiencing significant transformation driven by rapid industrialization and infrastructure development across the region. Manufacturing sectors in countries like India, Vietnam, and Indonesia are expanding their production capabilities, with governments implementing supportive policies to boost domestic manufacturing. For instance, India outlined an ambitious plan in August 2023 to reach its goal of USD 1 trillion in manufactured goods exports, creating substantial opportunities for industrial valve manufacturers. The region's power generation sector is undergoing massive expansion, with Vietnam's power consumption projected to grow by 10-12% annually through 2030, necessitating significant investments in power infrastructure and associated industrial valve technologies.


The petrochemical and chemical processing industries are emerging as major growth drivers for industrial valves in the region. Singapore, a key petrochemical hub, has set ambitious targets to expand its annual petrochemical output to more than USD 75 billion over the coming years, with all three major refineries enhancing their petrochemical facilities. This expansion is complemented by the food and beverage processing sector's robust growth, particularly in Thailand, where over 10,000 F&B processing companies contribute approximately 21% to the country's GDP, driving demand for specialized process valve solutions.


The region is witnessing a significant shift towards valve automation and digital technologies in industrial processes. Manufacturers are increasingly adopting smart valves equipped with sensors and monitoring capabilities, enabling predictive maintenance and improved operational efficiency. This digital transformation is particularly evident in countries like South Korea and Japan, where industrial automation is being rapidly integrated into manufacturing processes, creating new opportunities for advanced valve automation technologies and solutions.


The marine and shipbuilding industry continues to be a substantial market for industrial valves, with major shipbuilding nations like China, Japan, and South Korea accounting for the majority of global merchant ship construction. Australia's position as a major LNG exporter, having exported 77.2 million metric tons of LNG in the fiscal year 2021, underscores the growing importance of specialized process valve solutions in the marine and energy sectors. This trend is further supported by increasing investments in floating production storage and offloading (FPSO) facilities across the ASEAN region, driving demand for high-performance industrial valves in marine applications.

Segment Analysis: By Type

Gate Valve Segment in Asia-Pacific Industrial Valves Market

The gate valve segment dominates the Asia-Pacific industrial valves market, holding approximately 25% market share in 2024. Gate valves are multi-turn valves and are among the most commonly used valves across industries due to their versatility and reliability. They are available in sizes ranging from less than 2 inches up to very large sizes of 60 inches or larger, making them suitable for water and oil and gas pipeline services. These valves provide tight shutoff service and are relatively easy to manufacture and repair compared to other valve types. Gate valves find widespread usage in on/off/isolation applications in oil and gas (including slurry service with knife gate designs), marine and mining, and general industries. Their bi-directional design and ability to provide a full-bore pipe opening for low-pressure drop make them particularly valuable for applications involving liquids, gases, and slurries, including liquids with entrained solids.

Market Analysis of Asia-Pacific Industrial Valves Market: Chart for By Type

Ball Valve Segment in Asia-Pacific Industrial Valves Market

The ball valve segment is projected to experience the highest growth rate of approximately 6% during the forecast period 2024-2029. Ball valves are the most widely applied among quick opening/closing quarter-turn valves, featuring a 90-degree rotating spherical ball with a central circular passage. Their popularity stems from key advantages including straight-through flow, low turbulence, low operating torque, tight closure, and compact design. These valves are extensively employed across multiple industries including general industrial, chemical, petrochemical, refinery, pulp and paper, power plants, gas and oil pipeline, water and wastewater sectors. The segment's growth is driven by increasing adoption in high-pressure applications through trunnion-mounted designs, while floating ball designs continue to dominate smaller size applications below 6 inches and mid to low-pressure scenarios.

Remaining Segments in Asia-Pacific Industrial Valves Market

The other significant segments in the market include globe valves, butterfly valves, plug valves, and other specialized valve types. Globe valves are multi-turn valves commonly used for flow regulation and control applications across various industries. Butterfly valves are known for their quick opening/closing quarter-turn operation and are particularly valuable in applications requiring compact design and lightweight construction. Plug valves offer a simple quarter-turn design and find applications in severe service conditions. Each of these segments serves specific industrial needs and contributes to the overall market dynamics through their unique operational characteristics and application-specific advantages.

Segment Analysis: By Product

Quarter-turn Valve Segment in Asia-Pacific Industrial Valves Market

The quarter-turn valve segment dominates the Asia-Pacific industrial valves market, accounting for approximately 50% of the total market revenue in 2024. These valves, also known as rotary valves, are characterized by their quick opening/closure mechanism requiring only a 90° rotation from fully open to fully closed position. Their widespread adoption can be attributed to their ease of automation and simple functionality, essentially operating like an on/off switch. The segment includes various valve types such as ball valves, butterfly valves, plug valves, and spherical valves. Quarter-turn valves are particularly favored in industrial applications due to their reliability, minimal maintenance requirements, and efficient operation. The segment's strong market position is further reinforced by the increasing automation trends across various industries in the Asia-Pacific region, where these valves prove instrumental in providing precise flow control and reliable performance.

Multi-turn and Control Valves in Asia-Pacific Industrial Valves Market

The remaining segments in the Asia-Pacific industrial valves market consist of multi-turn valves and control valves, each serving distinct industrial applications. Multi-turn valves, also known as linear motion valves, are widely deployed in manual or metering applications where accurate positioning and stability are crucial. These valves encompass gate valves, globe valves, fixed cone valves, needle valves, and pinch valves. The control valves segment, while smaller in market share, plays a vital role in specialized applications requiring precise flow regulation. This segment includes various pneumatic, hydraulic, and electrically actuated valves essential for automated process control systems. Both segments continue to evolve with technological advancements, particularly in areas of digital control and smart valve technologies, contributing to the overall growth of the industrial valves market in the region.

Segment Analysis: By Application

Oil & Gas Segment in Asia-Pacific Industrial Valves Market

The oil and gas segment dominates the Asia-Pacific industrial valves market, commanding approximately 31% of the total market share in 2024. This segment's prominence is driven by extensive valve applications across upstream, midstream, and downstream operations. The segment's growth is particularly robust in countries like China, India, and Southeast Asian nations where there is significant investment in oil and gas infrastructure development. The demand is further bolstered by the increasing need for specialized valves in floating production storage and offloading (FPSO) units, LNG terminals, and refineries across the region. The segment's leadership position is reinforced by stringent safety requirements and the need for high-performance valves capable of handling extreme pressures and temperatures in oil and gas operations. Additionally, the segment is projected to maintain its strong momentum with an expected growth rate of approximately 6% from 2024 to 2029, driven by ongoing investments in new exploration projects and modernization of existing facilities across the Asia-Pacific region.

Remaining Segments in Asia-Pacific Industrial Valves Market by Application

The Asia-Pacific industrial valves market encompasses several other significant segments including water and wastewater management, chemicals, power generation, food processing, and pulp and paper industries. The water and wastewater segment is particularly notable due to increasing urbanization and government initiatives for water treatment infrastructure across developing economies. The chemicals segment maintains a strong presence due to the region's expanding petrochemical and specialty chemical manufacturing capabilities. The power generation segment continues to be significant as countries invest in both conventional and renewable energy infrastructure. The food processing segment is gaining importance due to the modernization of food manufacturing facilities and stringent hygiene requirements. The pulp and paper segment, while smaller, remains steady due to the continuing demand for packaging materials and paper products across the region. Each of these segments contributes uniquely to the market's dynamics, driven by their specific technological requirements and regulatory standards.

Asia-Pacific Industrial Valves Market Geography Segment Analysis

Industrial Valves Market in China

China dominates the Asia-Pacific industrial valves market, commanding approximately 54% of the total market share. The country's robust manufacturing sector, coupled with its position as a global leader in chemical processing, continues to drive substantial demand for industrial valves. China's extensive network of over 10,000 mines and its position as the world's largest producer of over 20 metals and minerals further amplifies the need for specialized valve solutions, including ball valves and gate valves. The nation's commitment to environmental protection has led to an increased focus on high-grade wastewater treatment technologies, creating additional demand for industrial valves in water management applications. The power industry, particularly the thermal and nuclear sectors, remains a significant consumer of industrial valves, with substantial investments in new power generation facilities. China's status as a hub for chemical processing, accounting for the majority of chemicals produced worldwide, further cements its position as the region's largest valve market.

Industrial Valves Market in India

India represents one of the most dynamic markets in the Asia-Pacific industrial valves sector, projected to grow at approximately 6% annually from 2024 to 2029. The country's rapid industrialization and significant investments in infrastructure development are creating substantial opportunities for valve manufacturers, particularly in the globe valve and butterfly valve segments. India's ambitious plans in the power sector, including the development of 28 thermal power plants with a total expected capacity of 32,285 MW, are driving demand for specialized valve solutions. The nation's robust chemical industry, producing 80,000 different chemical products, from bulk chemicals to specialty products, creates diverse applications for industrial valves. The country's focus on water infrastructure development and increasing emphasis on petrochemical hubs around its 22 refineries further amplifies market opportunities. India's pharmaceutical sector, ranking third globally in production volume, continues to expand, requiring high-quality sanitary valves for various applications. The government's push towards self-reliance in manufacturing and infrastructure development through initiatives like "Make in India" is expected to further accelerate market growth.

Industrial Valves Market in Japan

Japan's industrial valves market is characterized by its sophisticated technological infrastructure and high-quality manufacturing standards. The country's strong focus on automation and precision engineering drives the demand for advanced valve solutions, including pneumatic valves, across various industries. Japan's chemical industry, ranking as the second-largest manufacturing sector after transportation machinery, creates substantial demand for specialized valve applications. The nation's commitment to energy diversity, particularly in LNG infrastructure, necessitates high-performance valves for critical applications. Japan's pharmaceutical market, being the third-largest packaged food market globally, requires specialized sanitary valves for various applications. The country's emphasis on research and development in valve technology, particularly in areas of energy efficiency and environmental protection, continues to drive innovation in the sector. Despite facing demographic challenges, Japan's industrial valve market remains resilient through technological advancement and automation initiatives.

Industrial Valves Market in Other Countries

The industrial valves market in other Asia-Pacific countries presents a diverse landscape of opportunities and challenges. South Korea's strong presence in shipbuilding and marine industries creates specialized demand for marine-grade valves. Australia and New Zealand's focus on mining and natural resource extraction drives demand for heavy-duty valve solutions. The ASEAN region, including countries like Singapore, Malaysia, Indonesia, Thailand, Vietnam, and the Philippines, shows growing demand particularly in the oil and gas sector and water treatment applications. These markets are characterized by increasing industrialization and infrastructure development, particularly in sectors such as power generation, chemical processing, and water treatment. The varying stages of industrial development across these countries create a dynamic market environment, with each region focusing on specific industries and applications. The growing emphasis on environmental protection and sustainable industrial practices across these nations is driving the adoption of advanced valve technologies and solutions.

Asia-Pacific Industrial Valves Industry Overview

Top Companies in Asia-Pacific Industrial Valves Market

The industrial valve market in Asia-Pacific features prominent players like Emerson Electric Co., KITZ Corporation, Flowserve Corporation, and Baker Hughes, who have established strong regional manufacturing and distribution networks. Companies are increasingly focusing on technological advancement through smart valve automation solutions and digital integration capabilities to meet evolving industry demands. Strategic acquisitions and partnerships have become crucial for expanding product portfolios and geographical presence, particularly in emerging markets like China and India. Manufacturing facilities are being modernized with automation and Industry 4.0 capabilities to improve operational efficiency and product quality. Companies are also emphasizing aftermarket services and customized solutions to strengthen customer relationships and create additional revenue streams. The development of eco-friendly and energy-efficient industrial valve solutions has emerged as a key focus area, driven by sustainability requirements across industries.

Market Structure Shows Regional Manufacturing Dominance

The Asia-Pacific industrial valve market exhibits a fragmented structure with a mix of global conglomerates and regional specialists competing across various application segments. Global players leverage their technological expertise and broad product portfolios, while local manufacturers capitalize on cost advantages and established distribution networks. The market demonstrates strong regional manufacturing capabilities, particularly in countries like China, Japan, and South Korea, where domestic players have developed significant expertise in specialized valve technologies. Companies are increasingly establishing local production facilities to better serve regional customers and reduce operational costs.


Market consolidation is gradually increasing through strategic acquisitions and joint ventures, particularly in specialized segments like nuclear power and petrochemicals. Global players are acquiring regional manufacturers to expand their presence and access local distribution networks, while regional players are forming partnerships to enhance their technological capabilities. The competitive dynamics vary significantly across different end-user industries, with some segments showing a higher concentration of specialized manufacturers while others remain more fragmented with multiple players competing on price and service quality.

Innovation and Service Excellence Drive Success

Success in the Asia-Pacific industrial valves market increasingly depends on developing innovative solutions that address specific industry challenges while maintaining cost competitiveness. Companies need to invest in research and development to create advanced process valve technologies that offer improved performance, reliability, and energy efficiency. Building strong relationships with end-users through comprehensive service networks and technical support has become crucial for maintaining market position. Manufacturers must also focus on developing localized solutions that meet specific regional requirements while maintaining global quality standards.


Market players need to address the growing emphasis on environmental compliance and safety regulations across different industries. The ability to offer integrated solutions that combine traditional valve technology with digital capabilities will become increasingly important for future success. Companies must also maintain flexible manufacturing capabilities to address varying demand patterns across different industries and regions. Building strong supplier relationships and efficient supply chain management will be crucial for maintaining competitive advantages in terms of cost and delivery performance. The development of specialized expertise in high-growth segments like LNG and renewable energy will be vital for capturing new opportunities in the evolving industrial fluid control market landscape.

Asia-Pacific Industrial Valves Market Leaders

  1. Emerson Electric Co.

  2. KITZ Corporation

  3. Flowserve Corporation

  4. Baker Hughes

  5. IMI Critical Engineering

  6. *Disclaimer: Major Players sorted in no particular order
Asia-Pacific Industrial Valves Market Concentration
Need More Details on Market Players and Competiters?
Download PDF

Asia-Pacific Industrial Valves Market News

  • The recent developments pertaining to the market will be covered in the full study.

Asia-Pacific Industrial Valves Market Report - Table of Contents

1. INTRODUCTION

  • 1.1 Study Assumptions
  • 1.2 Scope of the Study

2. RESEARCH METHODOLOGY

3. EXECUTIVE SUMMARY

4. MARKET DYNAMICS

  • 4.1 Drivers
    • 4.1.1 Increasing Demand for Valves from Water Treatment Plants
    • 4.1.2 Increasing Demand for Valves in the Oil and Gas Industry
    • 4.1.3 Other Drivers
  • 4.2 Restraints
    • 4.2.1 High Capital Investment to Hamper the Market Growth
  • 4.3 Industry Value Chain Analysis
  • 4.4 Industry Attractiveness - Porter's Five Forces Analysis
    • 4.4.1 Bargaining Power of Suppliers
    • 4.4.2 Bargaining Power of Buyers
    • 4.4.3 Threat of New Entrants
    • 4.4.4 Threat of Substitute Products and Services
    • 4.4.5 Degree of Competition

5. MARKET SEGMENTATION (Market Size in Revenue)

  • 5.1 By Type
    • 5.1.1 Butterfly Valve
    • 5.1.2 Ball Valve
    • 5.1.3 Globe Valve
    • 5.1.4 Gate Valve
    • 5.1.5 Plug Valve
    • 5.1.6 Other Types
  • 5.2 By Product
    • 5.2.1 Quarter-turn Valve
    • 5.2.2 Multi-turn Valve
    • 5.2.3 Other Products (Control Valves)
  • 5.3 By Application
    • 5.3.1 Power
    • 5.3.2 Water and Wastewater Management (Including Desalination)
    • 5.3.2.1 Metal, Mineral, and Mining
    • 5.3.2.2 Other Applications
    • 5.3.3 By Chemicals
    • 5.3.4 Oil and Gas
    • 5.3.4.1 Upstream
    • 5.3.4.2 Mid-stream
    • 5.3.4.3 Downstream
    • 5.3.5 Food Processing
    • 5.3.6 Pulp and Paper
    • 5.3.7 Other Applications
  • 5.4 By Geography
    • 5.4.1 China
    • 5.4.2 India
    • 5.4.3 Japan
    • 5.4.4 South Korea
    • 5.4.5 Malaysia
    • 5.4.6 Thailand
    • 5.4.7 Indonesia
    • 5.4.8 Vietnam
    • 5.4.9 Rest of Asia-Pacific

6. COMPETITIVE LANDSCAPE

  • 6.1 Market Ranking Analysis
  • 6.2 Strategies Adopted by Leading Players
  • 6.3 Company Profiles
    • 6.3.1 Alfa Laval
    • 6.3.2 AVK Holding AS
    • 6.3.3 Baker Hughes
    • 6.3.4 CIRCOR International Inc.
    • 6.3.5 Crane Co.
    • 6.3.6 Curtiss-Wright Corporation
    • 6.3.7 Danfoss AS
    • 6.3.8 EBRO ARMATUREN Gebr. Brer GmbH
    • 6.3.9 Emerson Electric Co.
    • 6.3.10 Flowserve Corporation
    • 6.3.11 Georg Fischer Ltd
    • 6.3.12 Hitachi Metals Ltd
    • 6.3.13 Honeywell International Inc.
    • 6.3.14 IMI Critical Engineering
    • 6.3.15 ITT Inc.
    • 6.3.16 KITZ Corporation
    • 6.3.17 NIBCO
    • 6.3.18 Okano Valve Mfg. Co. Ltd
    • 6.3.19 PARKER HANNIFIN CORP.
    • 6.3.20 SAMSON AKTIENGESELLSCHAFT
    • 6.3.21 Schlumberger Limited
    • 6.3.22 The Weir Group PLC
    • 6.3.23 Valvitalia SpA
    • 6.3.24 Velan Inc.
  • *List Not Exhaustive

7. MARKET OPPORTUNITIES AND FUTURE TRENDS

**Subject to Availability
You Can Purchase Parts Of This Report. Check Out Prices For Specific Sections
Get Price Break-up Now

Asia-Pacific Industrial Valves Industry Segmentation

Industrial valves are mechanical devices that control the flow and pressure of liquids, gases, and slurries within a system. They are also known as regulators and are used in various applications. Valves vary greatly in size, design, function, and operation.

The Asia-Pacific industrial valves market is segmented by type, product, application, and geography. By type, the market is segmented into butterfly valve, ball valve, globe valve, gate valve, plug valve, and other types. The market is segmented by product into quarter-turn valves, multi-turn valves, and other products. By application, the market is segmented into power, water and wastewater management, chemicals, oil and gas, food processing, pulp and paper, and other applications. The report also covers the market sizes and forecasts for the Asia-Pacific industrial valves market in eight countries across the region. For each segment, the market sizing and forecasts are done based on revenue (USD).

By Type Butterfly Valve
Ball Valve
Globe Valve
Gate Valve
Plug Valve
Other Types
By Product Quarter-turn Valve
Multi-turn Valve
Other Products (Control Valves)
By Application Power
Water and Wastewater Management (Including Desalination) Metal, Mineral, and Mining
Other Applications
By Chemicals
Oil and Gas Upstream
Mid-stream
Downstream
Food Processing
Pulp and Paper
Other Applications
By Geography China
India
Japan
South Korea
Malaysia
Thailand
Indonesia
Vietnam
Rest of Asia-Pacific
Need A Different Region or Segment?
Customize Now

Asia-Pacific Industrial Valves Market Research FAQs

How big is the Asia-Pacific Industrial Valves Market?

The Asia-Pacific Industrial Valves Market size is expected to reach USD 23.23 billion in 2025 and grow at a CAGR of 5.67% to reach USD 30.60 billion by 2030.

What is the current Asia-Pacific Industrial Valves Market size?

In 2025, the Asia-Pacific Industrial Valves Market size is expected to reach USD 23.23 billion.

Who are the key players in Asia-Pacific Industrial Valves Market?

Emerson Electric Co., KITZ Corporation, Flowserve Corporation, Baker Hughes and IMI Critical Engineering are the major companies operating in the Asia-Pacific Industrial Valves Market.

What years does this Asia-Pacific Industrial Valves Market cover, and what was the market size in 2024?

In 2024, the Asia-Pacific Industrial Valves Market size was estimated at USD 21.91 billion. The report covers the Asia-Pacific Industrial Valves Market historical market size for years: 2019, 2020, 2021, 2022, 2023 and 2024. The report also forecasts the Asia-Pacific Industrial Valves Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.

Asia-Pacific Industrial Valves Market Research

Mordor Intelligence provides a comprehensive analysis of the industrial valve sector. We leverage decades of expertise in industrial fluid control and industrial flow control systems. Our extensive research covers all major valve categories, including ball valve, gate valve, check valve, butterfly valve, and globe valve technologies. The report offers detailed insights into process valve applications across various sectors. These range from oil and gas valve implementations to power plant valve systems and water treatment valve solutions. Our analysis includes both automatic valve and manual valve operations, such as pneumatic valve, hydraulic valve, and pipeline valve technologies.

The report PDF, available for immediate download, provides stakeholders with crucial data on process control valve systems and valve automation trends. Our comprehensive coverage includes developments in metal valve and plastic valve manufacturing, safety valve innovations, and advances in pressure relief valve technology. The analysis examines flow control valve applications within industrial piping system contexts, offering valuable insights for decision-makers. Stakeholders gain access to detailed evaluations of control valve implementations across the Asia-Pacific region. These evaluations are supported by extensive technical specifications and market projections, which drive strategic planning and investment decisions.