Press Release

India Industrial Valves Market growth to Grow with a robust CAGR of 7.74% through 2030

Need for valve maintenance and servicing are expected to drive the India Industrial Valves Market growth in the forecast period, 2026-2030F.

 

According to TechSci Research report, “India Industrial Valves Market - By Country, Competition, Forecast and Opportunities, 2020-2030F”, India Industrial Valves Market was valued at USD 3736.73 million in 2024 and is anticipated to project robust growth in the forecast period with a CAGR of 7.74% through 2030. One significant driver for the India Industrial Valves Market is rapid industrialization. As India continues to undergo rapid industrialization across various sectors such as manufacturing, chemicals, and infrastructure development, the demand for industrial valves rises correspondingly. Industrial valves are critical components used to control and regulate the flow of liquids, gases, and slurries in industrial processes. The expansion of industries necessitates the installation of advanced valve systems to ensure efficient operations, safety, and compliance with regulatory standards. The ongoing industrial growth not only increases the demand for valves but also drives innovation in valve technology, including the integration of IoT and automation for enhanced efficiency and monitoring capabilities. This driver underscores the pivotal role of industrialization in propelling the growth of the valves market in India.

A significant challenge facing the India Industrial Valves Market is the influx of low-cost imports and intense market competition. The market is highly competitive, with numerous domestic and international players vying for market share. Foreign manufacturers, particularly from countries like China, often offer valves at lower prices due to cost advantages in manufacturing and economies of scale. These low-cost imports pose a challenge to local manufacturers, compelling them to either reduce prices or innovate to differentiate their products based on quality, reliability, and technological advancements. Moreover, the competition from low-cost imports raises concerns about product quality and compliance with industry standards, impacting the reputation and trust of the market. To navigate this challenge, Indian valve manufacturers must focus on enhancing product quality, leveraging technological advancements, and developing competitive strategies that cater to specific industry needs while maintaining profitability and sustainability in the market.


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Based on application, In 2024, the oil and gas segment dominated the India industrial valves market by application and is expected to maintain its dominance during the forecast period. The oil and gas industry’s expansive infrastructure and complex operations require a substantial number of industrial valves to ensure efficient, safe, and reliable control of fluid flow. Valves are critical components in various stages of oil and gas operations, including exploration, extraction, transportation, refining, and distribution. Their role in regulating pressure, controlling flow rates, and preventing leaks is indispensable for maintaining operational integrity and safety in this sector. The continuous investment in oil and gas exploration and production, driven by the growing energy demand and India’s efforts to reduce its dependence on imported energy, further propels the demand for industrial valves. Moreover, the expansion and modernization of refineries and pipeline networks necessitate advanced valve solutions capable of handling high-pressure and high-temperature conditions prevalent in these environments.

The oil and gas industry’s stringent regulatory standards and safety requirements mandate the use of high-quality, durable valves that can withstand harsh operational conditions. The technological advancements in valve design, such as the integration of automation and smart control systems, enhance the efficiency and reliability of valves in oil and gas applications, making them even more crucial for the industry. Furthermore, with the increasing focus on environmental protection and sustainable practices, the demand for valves that can help minimize emissions and improve energy efficiency is rising. These factors collectively ensure that the oil and gas segment will continue to be the leading application for industrial valves in India, driven by its critical role in energy infrastructure, the ongoing investments in the sector, and the need for advanced, reliable valve solutions to meet industry standards and operational demands.

Based on region, South India has emerged as the fastest-growing region in the India Industrial Valves Market due to several key factors driving its rapid expansion. The region encompasses states such as Karnataka, Tamil Nadu, Telangana, Andhra Pradesh, and Kerala, each contributing uniquely to the market's growth trajectory. One of the primary reasons for South India's rapid growth in the industrial valves sector is its diverse industrial base. The region hosts a robust mix of industries including pharmaceuticals, automotive manufacturing, IT and technology services, textiles, and food processing. These industries require a wide range of industrial valves for applications such as fluid control, process automation, and safety management. The expansion of these sectors, driven by favorable government policies, investments in infrastructure, and technological advancements, directly stimulates the demand for industrial valves.

South India's strategic geographical location and well-developed infrastructure play a crucial role in its market growth. The presence of major ports such as Chennai, Visakhapatnam, and Kochi facilitates efficient import and export of industrial valve components and finished products. This logistical advantage not only supports local manufacturing but also enhances the region's competitiveness in serving national and international markets. South India's proactive approach towards sustainable development and environmental conservation contributes to the adoption of advanced valve technologies that promote energy efficiency and reduce environmental impact. Industries in the region are increasingly focusing on green technologies and compliance with stringent regulatory norms, which drive the demand for eco-friendly industrial valves.

The presence of skilled labor force, technical expertise, and research institutions in South India fosters innovation and product development in the industrial valves sector. Collaborations between academia and industry further strengthen the region's capabilities in manufacturing high-quality valves that meet global standards. South India's rapid growth in the industrial valves market is fueled by its diverse industrial landscape, strategic infrastructure, commitment to sustainability, and technological advancements. These factors collectively position the region as a dynamic hub for industrial valves, poised for continued expansion and leadership in the coming years.


Major companies operating in India Industrial Valves Market are:

  • L&T Valves Limited
  • Bharat Heavy Electricals Limited
  • KIRLOSKAR BROTHERS LIMITED
  • Schlumberger Limited 
  • Flowserve Corporation
  • Emerson Electric Co
  • AVK Holding A/S
  • Weir Group PLC
  • Pentair plc
  • KSB SE & Co. KGaA


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“The India Industrial Valves Market is poised for robust growth in the future, driven by ongoing industrialization, infrastructure development initiatives, and increasing investments across key sectors such as oil and gas, power generation, and water management. Technological advancements in valve design, including automation and IoT integration, will enhance efficiency and reliability. Moreover, stringent regulatory requirements and a focus on sustainability will drive demand for eco-friendly valve solutions. With a growing emphasis on infrastructure modernization and economic expansion, the market is expected to expand steadily, catering to evolving industrial needs and enhancing operational efficiencies across diverse sectors”, said Mr. Karan Chechi, Research Director of TechSci Research, a research-based management consulting firm.

India Industrial Valves Market By Valve Type (Globe Valves, Ball Valves, Butterfly Valves, Wedge Gate Valves, Knife Gate Valves, Check Valves, Diaphragm Valves, Pinch Valves and Others), By Material Type (Cast Iron, Steel, Cryogenic, Alloy Based and Others), By Application (Oil & Gas, Refinery, Chemical, Water, Wastewater Effluent, Power Generation, Agriculture, Mining and Others), By Product (Quarter turn Valve, Multi turn Valve and Others), By Region, By Competition Forecast & Opportunities,, 2020-2030F”, has evaluated the future growth potential of India Industrial Valves Market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in India Industrial Valves Market.


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