The Reports and Insights, a leading market research company, has recently releases report titled “South Korea Industrial Valves Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2025-2033.” The study provides a detailed analysis of the industry, the report also includes competitor and regional analysis and highlights the latest advancements in the market. The South Korea Industrial Valves Market Growth was valued at US$ 3.6 Billion in 2024 and is expected to register a CAGR of 4.6% over the forecast period and reach US$ 5.4 Billion in 2033.
South Korea Industrial Valves Market Forecast to Reach US$ 5.4 Billion by 2033 With 4.6% Annual Growth as Revealed in New Report
The latest market research highlights industrial valves adoption trends, key players, future growth opportunities, and forecasts to 2033.
The South Korea industrial valves market is expected to grow significantly from 2025 to 2033, with an estimated market value of US$ 5.4 billion by the end of 2033, expanding at a compound annual growth rate (CAGR) of 4.6% over the forecast period, according to the latest report by Reports and Insights. The South Korea industrial valves market is experiencing steady growth driven by rising demand across industries such as oil and gas, power generation, chemicals, water treatment, and manufacturing. The growth of the market is supported by increasing investments in smart infrastructure projects, expansion of energy facilities, and modernization of aging industrial equipment. As the nation pushes towards automation and the adoption of Industry 4.0 practices, it is further enhancing the automation of systems through the use of valve systems. The increased focus on sustainability and energy efficiency is creating a demand for valves that are more controlled and leak less.
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Key Takeaways From the Report:
- The South Korea industrial valves market was valued at US$ 3.6 billion in 2024.
- According to our study, the quarter-turn valves segment is expected to generate the maximum revenue share within the valve type during the assessment time frame.
- In 2024, steel dominated the material segment by share in the round bars market on the back of its durability, corrosion-resistant property and widespread use in heavy industries.
- The demand for simple shut off applications in oil, gas and water networks will make the on/off valve function remain dominant over the other functions.
- The report predicts that the 1” to 6” valves segment will hold a major share in the coming years and the segment is widely used by a host of chemical plants, power stations and municipal water facilities.
- The oil and gas sector in end-user industries is set to dominate the market as investments in refining, LNG terminals and growth in upstream production activities, across South Korea, will continue.
- In the component section, the valve body sub-section is foreseen to keep holding the largest revenue share as it is the most important element of a valve structure ensuring safety as well as operational reliability.
Which industry trends have propelled the South Korea Industrial Valves market forward?
The South Korea industrial valves market is significantly witnessing the adoption of smart valves and automated valves with all sensors, IoTs, remote monitoring provisions. The use of digital technologies helps in prediction maintenance, operational efficiency, and downtime. The country has a large chemical and petrochemical industry base, and this is likely to boost the demand for corrosion-resistant valves, valves with high performance, an intelligent valve and others. Manufacturers are focusing on providing bespoke valve solutions for market niches. The future of the valve systems market is being shaped by rising demand for energy-efficient and eco-friendly systems.
What are the key opportunities for the key players and regional players in the South Korea Industrial Valves market during the forecast period of 2025-2033?
The South Korea renewable energy sector including wind, solar and hydrogen projects is driving opportunities in the market, requiring advanced valve solutions. The government’s investments in smart city projects and modernization of water infrastructure is creating new demand. Collaborating with international valve makers for technology transfer can further boost local production capacity. In addition, with increasing export capacity in Asia-Pacific country, domestic manufacturers have a chance to venture into the export market. The increased use of advanced materials and coatings enhances the scope for innovation.
What are the major restraints and challenges hindering the growth of the South Korea Industrial Valves market?
The South Korea industrial valves market is expected to grow in the future despite the restraints that are negatively impacting it. Fluctuating raw material costs are impacting the manufacturing costs of the product. Local manufacturers are facing pricing pressure due to strong competition from cheap imports from China. Integrating advanced technology with traditional systems, can present challenges to end-users. Also, the regulations are stringent and compliant with safety and quality which adds to the approval timeline and cost. The valve automation section is also facing low adoption due to limited access to skilled labor.
Which key segments are covered in the South Korea Industrial Valves market report?
The South Korea industrial valves market covered in this report is segmented –
- By Valve Type: Quarter-turn Valves (Plug Valves, Ball Valves, Butterfly Valves), Multi-turn Valves (Gate Valves, Globe Valves, Check Valves, Others), Safety Valves (Spring Loaded, Pilot Operated), Other Valves
- By Material: Ductile, Iron, Alloy, Steel, Plastic, Brass, Bronze, Copper, Aluminium, Others
- By Function: On/Off, Control, Isolation, Others
- By Size: <1”, 1” to 6”, 7” to 25”, 26” to 50”, >50”
- By End-user Industry: Oil & Gas, Chemical, Water & Wastewater Treatment, Energy & Power, Paper & Pulp, Other End-user Industries
- By Components: Actuators, Valve Body, Other Components
View Full Report: https://www.reportsandinsights.com/report/south-korea-industrial-valves-market
Who are the key industry participants included in the South Korea Industrial Valves market report?
Major key industry participants which are included in the South Korea industrial valves market report are:
- LG Valves
- KITZ Corporation
- Doosan Corporation
- HAN SUNG VALVE CO., LTD
- Presys Co., Ltd.
- Amongst Others
What does the South Korea Industrial Valves market report 2025 comprise of?
The report includes South Korea as well as countries market deep-dive analysis across the valve type, material, function, size, end-user industry, and components. Market sizes and projections are provided based on demand for industrial valves in the report for the years 2022 to 2024 as historical and 2025 to 2033 as the forecast period.
The report covers key market dynamics including market growth drivers, opportunities, and restraints; market trends, regulatory framework, production process overview, pricing analysis, value chain analysis, and competition analysis.
Research report further incorporates the following aspects of the market:
- Statistical Data: Presenting key statistics and data points showcasing the market growth, current size, and projected size of the market.
- Competition Landscape: Competition analysis includes key players market share, market positioning, competition dashboard, and detailed company profiling.
- Key Developments: Presenting key developments in the market including acquisitions and mergers, collaborations and partnerships, expansions, and others.
- Market Opportunity Analysis: The report highlights market growth opportunities along with absolute dollar opportunities, forecast CAGR, year-on-year growth, and bps analysis for each of the targeted segments.
- Technological Advancements: Analysing recent innovations and advancements impacting the market.
- Challenges and Solutions: Identifying challenges faced by the industry and proposing potential solutions or strategies to address them.
- Future Outlook: Offering insights into the future growth prospects and emerging trends in the market.
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Market Description:
Market Research Report on South Korea Industrial Valves Market 2025: Projected to hit USD 5.4 Bn by 2033 at 4.6% CAGR. Access in-depth analysis of trends, market dynamics, and competitive landscape for data-driven decisions.
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