Analysis of the development trend of valve manufacturing industry

Up to now, the traditional valve manufacturing industry has already entered a mature stage, and the technical types of valves themselves are becoming more and more perfect. However, in recent years, with the increasingly serious problems of energy conservation and emission reduction, green environmental protection and the emergence of emerging technologies such as artificial intelligence, the valve industry has also begun to transform the industry as a whole, and explore the direction of intelligence, low carbonization, and customization.

In addition, with the emergence of the new energy industry, the valve market for the new energy market segment will gradually emerge, and gradually integrate the valve market of fossil energy such as petroleum.

According to GIA data, it is estimated that in 2026, the market size of the global valve manufacturing industry will exceed 90 billion US dollars, reaching about 92.3 billion US dollars. From 2021 to 2026, the five-year compound annual growth rate will be 3.9%.