India Industrial Valves Market Size and Share

India Industrial Valves Market (2025 - 2030)
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India Industrial Valves Market Analysis by Mordor Intelligence

The India Industrial Valves Market size is estimated at USD 1.56 billion in 2025, and is expected to reach USD 2.20 billion by 2030, at a CAGR of 7.05% during the forecast period (2025-2030). Rising capital outlays in water supply networks, hydrocarbon pipelines, and renewable power plants keep the demand curve steep. Contract awards tied to national missions such as Jal Jeevan push public utilities to order corrosion-resistant gate, globe, and butterfly valves, while refineries, city-gas distributors, and petrochemical complexes widen the call for high-pressure ball valves. Automation programs across chemical clusters in Gujarat and Maharashtra accelerate the uptake of smart, IIoT-ready control valves, raising the average selling price. At the same time, raw-material cost swings and import competition from China compress margins, making scale and integrated machining critical to profitability. Suppliers that offer rapid-turnaround service and Bureau of Indian Standards (BIS) compliance gain an edge in winning multi-state contracts.

Key Report Takeaways

  • By type, ball valves led with a 25.67% share of the India industrial valves market in 2024, while butterfly valves are projected to expand at a 7.16% CAGR through 2030.
  • By product, quarter-turn valves held 40.36% share of the India industrial valves market size in 2024, and other products, including control valves and actuators, are expected to rise at a 7.42% CAGR to 2030.
  • By application, oil and gas accounted for 35.74% of the India industrial valves market size in 2024; water and wastewater management is forecast to grow at a 7.21% CAGR through 2030.

Segment Analysis

By Type – Ball Valves Lead Multi-Application Demand

Ball valves secured a 25.67% India industrial valves market share in 2024 on account of tight shut-off, minimal pressure drop, and ease of automation. Oil terminals, CGD stations, and chemical reactors favor forged and trunnion-mounted designs that operate at up to 600 bar. The India industrial valves market size for butterfly valves is forecast to widen rapidly, supported by large-diameter intake pipelines in desalination and sewage treatment plants advancing at a 7.16% CAGR. Globe valves keep relevance in throttling duties across power-station steam circuits where precise flow is vital. Gate valves remain the default isolators in fire-water mains, while plug valves serve niche hydrocarbon vapor-recovery lines. Check valves, though smaller in ticket value, post steady volumes thanks to mandatory non-return requirements in water transfer schemes.

Mid-tier EPC firms increasingly bundle valve supply under master service agreements to shorten tender cycles. Makers that pre-qualify under multiple valve categories receive higher frame-contract volumes. Workshops equipped for cryogenic testing and fugitive-emission certification are seeing rising inquiries from LNG logistics players. Standards compliance to API 6D, ISO 15848-1, and BIS IS 14846 influences wins across refineries, water boards, and fertilizer units.

India Industrial Valves Market: Market Share by Type
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By Product – Quarter-Turn Dominance Reflects Operational Preferences

Quarter-turn devices, covering ball, butterfly, and plug variants, held 40.36% share of the India industrial valves market in 2024. Plant operators value their 90-degree stroke, clear visual indication, and compatibility with both pneumatic and electric actuators, which eases remote control. Multi-turn valves, largely gate and globe, continue to dominate high-temperature, high-pressure lines but lose share where quick isolation is critical. The India industrial valves market size for other products, chiefly control valves and actuators, is tracking a 7.42% CAGR due to process optimization programs in the petrochemical and pharmaceutical sectors.

Leading actuator suppliers roll out modular platforms that accept digital positioners and wireless sensors by design. Integration with distributed control systems lowers commissioning time. Vendors now ship pre-wired skid-mounted packages, reducing site labor. Cast-iron housings see a gradual phase-out in favor of ductile-iron or carbon-steel bodies that fit higher pressure classes without significant cost jumps.

By Application – Oil and Gas Leadership Amid Water-Sector Acceleration

Oil and gas held a 35.74% share of the India industrial valves market size in 2024, anchored by refinery expansions, strategic petroleum reserves, and the widening CGD footprint. Specifications stress fire-safe designs, secondary seat-insert materials like PTFE-graphite, and antistatic stems. Meanwhile, water and wastewater management revenues are growing at a 7.21% CAGR, backed by mission-mode funding for surface water treatment, desalination, and reuse plants. The application mix keeps shifting toward automated knife-gate valves in sludge lines and double-eccentric butterfly designs for potable grids.

Chemical plants retain a high value-per-ton ratio, particularly within specialty intermediate blocks that demand corrosion-resistant alloys such as duplex stainless steel. Power-sector procurement splits between super-critical thermal stations and renewable support infrastructure like solar-thermal storage and pumped-hydro facilities. Miscellaneous segments—food processing, mining, and marine—contribute incremental orders, with mining valves benefiting from coal block auctions and marine valves from port-side tank farm growth.

India Industrial Valves Market: Market Share by Application
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Geography Analysis

Western and northern states lead India's industrial valves market demand owing to petrochemical clusters, oil logistics corridors, and dense urban populations. Gujarat’s PCPIR belt and Maharashtra’s refinery and chemical complexes attract high-volume, high-specification orders that favor suppliers carrying API and BIS certifications. Rajasthan, Haryana, and Uttar Pradesh add volumes through CGD rollouts and thermal-plant overhauls.

Southern India showcases the fastest uptake of automation and smart valve platforms. Tamil Nadu and Karnataka, home to strong wind and solar supply chains, specify actuator-ready butterfly valves for cooling loops and brake hydraulics. IT parks and electronics factories in these states stipulate low-leakage isolation valves for ultra-pure water systems, creating a niche for high-purity designs. Kerala and Andhra Pradesh ports adopt stainless-steel marine-grade valves to handle saline environments.

Eastern regions, notably Odisha, Jharkhand, and Chhattisgarh, register rising offtake tied to mining and steel capacity hikes. Coal washeries, slurry pipelines, and pellet plants deploy abrasion-resistant knife-gate valves and pinch valves. Northeast pipeline projects connecting gas fields to fertilizer units pull in cryogenic ball valves suited for LNG transport. Across most rural districts, Jal Jeevan civil works continue to favor cost-effective, manually operated gate valves, yet pilot projects now trial smart metering systems that would lift actuator demand in the future.

Competitive Landscape

The India industrial valves market exhibits moderate fragmentation. International majors such as Flowserve, Emerson, and Baker Hughes retain share in high-specification segments through global references and technology portfolios. Domestic leaders, including L&T Valves and Kirloskar Brothers, leverage local manufacturing, extensive dealer networks, and familiarity with public-tender procedures. Niche players focus on specialty alloys, cryogenic designs, or mini-valves for instrumentation panels, filling gaps that larger firms overlook. Supply-chain resilience gains attention after raw-material price shocks. Integrated foundries allied with valve plants mitigate lead-time risk and improve traceability. Firms sourcing from in-house steel shops control metallurgical consistency, easing BIS audits. For export-oriented orders, Indian producers pursue CE-PED and API monograms to tap Gulf and African projects.

India Industrial Valves Industry Leaders

  1. AVK Valves India Pvt Ltd

  2. Emerson Electric Co.

  3. Flowserve Corporation

  4. KIRLOSKAR BROTHERS LIMITED (INDIA)

  5. L&T Valves Limited

  6. *Disclaimer: Major Players sorted in no particular order
India Industrial Valves Market - Market Concentration
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Recent Industry Developments

  • January 2025: Hydreco Hydraulics inaugurated a new valve manufacturing facility in Bangalore to expand localized supply for mobile and industrial equipment.
  • September 2025: Danfoss India introduced the STL industrial refrigeration valve series, designed for energy-efficient cold-chain operations.

Table of Contents for India Industrial Valves Industry Report

1. Introduction

  • 1.1 Study Assumptions and Market Definition
  • 1.2 Scope of the Study

2. Research Methodology

3. Executive Summary

4. Market Landscape

  • 4.1 Market Overview
  • 4.2 Market Drivers
    • 4.2.1 Government investment in water and waste-water networks
    • 4.2.2 Expansion of oil and gas pipeline and CGD projects
    • 4.2.3 Ongoing power-generation capacity additions
    • 4.2.4 Rising chemical and process-industry investments
    • 4.2.5 Adoption of IIoT-enabled smart valves
  • 4.3 Market Restraints
    • 4.3.1 High capital cost and maintenance burden
    • 4.3.2 Raw-material price volatility (steel/alloys)
    • 4.3.3 Competition from low-cost imports (mainly China)
  • 4.4 Value Chain Analysis
  • 4.5 Porter's Five Forces
    • 4.5.1 Bargaining Power of Suppliers
    • 4.5.2 Bargaining Power of Buyers
    • 4.5.3 Threat of New Entrants
    • 4.5.4 Threat of Substitute Products and Services
    • 4.5.5 Degree of Competition

5. Market Size and Growth Forecasts (Value)

  • 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 (Pitch Valve, Check Valve, etc.)
  • 5.2 By Product
    • 5.2.1 Quarter-turn Valve
    • 5.2.2 Multi-turn Valve
    • 5.2.3 Other Products (Control Valves, Valve Actuators, etc.)
  • 5.3 By Application
    • 5.3.1 Power
    • 5.3.2 Water and Waste-water Management
    • 5.3.3 Chemicals
    • 5.3.4 Oil and Gas
    • 5.3.5 Other Applications (Food Processing, Mining, Marine, etc.)

6. Competitive Landscape

  • 6.1 Market Concentration
  • 6.2 Strategic Moves
  • 6.3 Market Share (%)/Ranking Analysis
  • 6.4 Company Profiles (includes Global level Overview, Market level overview, Core Segments, Financials as available, Strategic Information, Market Rank/Share for key companies, Products and Services, and Recent Developments)
    • 6.4.1 Alfa Laval
    • 6.4.2 AMPO
    • 6.4.3 Amtech
    • 6.4.4 AVK Valves India Pvt Ltd
    • 6.4.5 Baker Hughes
    • 6.4.6 Bray International
    • 6.4.7 C.R.I. Pumps Private Limited
    • 6.4.8 Crane Company
    • 6.4.9 Danfoss
    • 6.4.10 Emerson Electric Co.
    • 6.4.11 Flowserve Corporation
    • 6.4.12 Hawa Engineers Ltd
    • 6.4.13 Hydreco (Daikin Group)
    • 6.4.14 IMI
    • 6.4.15 KIRLOSKAR BROTHERS LIMITED (INDIA)
    • 6.4.16 KITZ Corporation
    • 6.4.17 L&T Valves Limited
    • 6.4.18 Novel Valves India Pvt. Ltd.
    • 6.4.19 Pentair
    • 6.4.20 The Weir Group PLC
    • 6.4.21 Velan
    • 6.4.22 VIP Valves Private Limited India

7. Market Opportunities and Future Outlook

  • 7.1 White-space and Unmet-Need Assessment
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India Industrial Valves Market Report Scope

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 significantly in size, design, function, and operation.

The Indian 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 (pitch valve, check valve, etc.). By product, the market is segmented into quarter-turn valves, multi-turn valves, and other products (control valves, valve actuators, etc.). By application, the market is segmented into power, water and wastewater management, chemicals, oil and gas, and other applications (food processing, mining, marine, etc.).

For each segment, the market sizing and forecasts are provided in terms of value (USD).

By Type
Butterfly Valve
Ball Valve
Globe Valve
Gate Valve
Plug Valve
Other Types (Pitch Valve, Check Valve, etc.)
By Product
Quarter-turn Valve
Multi-turn Valve
Other Products (Control Valves, Valve Actuators, etc.)
By Application
Power
Water and Waste-water Management
Chemicals
Oil and Gas
Other Applications (Food Processing, Mining, Marine, etc.)
By Type Butterfly Valve
Ball Valve
Globe Valve
Gate Valve
Plug Valve
Other Types (Pitch Valve, Check Valve, etc.)
By Product Quarter-turn Valve
Multi-turn Valve
Other Products (Control Valves, Valve Actuators, etc.)
By Application Power
Water and Waste-water Management
Chemicals
Oil and Gas
Other Applications (Food Processing, Mining, Marine, etc.)
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Key Questions Answered in the Report

What is the projected value of the India industrial valves market by 2030?

The market is forecast to reach USD 2.20 billion by 2030, reflecting a 7.05% CAGR.

Which valve type currently holds the largest share in India?

Ball valves lead with 25.67% share in 2024 due to widespread use in oil, gas, and water applications.

Which end-use sector is expected to grow fastest for valve demand?

Water and waste-water management is set to advance at a 7.21% CAGR as Jal Jeevan and AMRUT 2.0 projects scale up.

What drives the adoption of smart valves in Indian plants?

Digitalization initiatives in chemical, oil, and power facilities favor IIoT-enabled valves that support predictive maintenance and remote control.

How do raw-material price swings affect valve manufacturers?

Steel and alloy cost volatility squeezes margins on fixed-price contracts, prompting suppliers to seek escalation clauses and integrated supply chains.

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