South Korea Industrial Valves Market Size & Insights
As per recent study by MarkNtel Advisors The South Korea Industrial Valves Market size was valued at around USD 3,390 million in 2024 and is projected to reach USD 5,499 million by 2030. Along with this, the market is estimated to grow at a CAGR of around 8.40% during the forecast period, i.e., 2025-30.
What are the Key DROs in the South Korea Industrial Valves Market?
Renewable Energy Expansion and Power Generation Projects
- South Korea’s transition towards low-carbon and renewable energy sources is significantly impacting the industrial valves landscape. The expansion of nuclear, thermal, wind, and solar power projects creates new demand for pressure relief valves, butterfly valves, and safety valves to manage various stages of energy production and transmission.
Aging Industrial Infrastructure and Retrofitting Demand
- Another significant driver is the retrofitting and maintenance of aging industrial infrastructure, especially in older manufacturing plants and refineries. Many existing valve systems are being replaced with modern, corrosion-resistant, and high-performance valves to ensure compliance with updated safety and emission standards.
What are the Key Segments in the South Korea Industrial Valves Market?
The South Korea Industrial Valves is categorized into notable segments, which help in understanding the structure, dynamics, and opportunities within the market. These segments are typically based on:
By Type
Gate Valves
Globe Valves
Ball Valves
Butterfly Valves
Plug Valves
Check Valves
Safety Valves
Others
By Material
Steel
Cast Iron
Alloy-Based
Others
By Size
Up to 1”
1” to 6”
6” to 25”
25” to 50”
Above 50”
By End-User
Oil & Gas
Power
Water & Wastewater Treatment
Chemical
Food & Beverages
Pharmaceutical
Others
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How does geographical analysis highlight in the South Korea Industrial Valves market?
By Region
- Northern Region
- Central Region
- Southern Region
Who are the Key Players in South Korea Industrial Valves Market?
- Emerson Electric Co.
- Flowserve Corporation
- IMI plc
- Crane Co.
- Velan Inc.
- KSB SE & Co. KGaA
- KITZ Corporation
- Samyang Metal
- Dong-A Valve
- Others
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- Scope & Research Design – Clearly defined objectives with tailored qualitative and quantitative methods, backed by precise timelines and budgets.
- Sample Selection & Data Collection – Representative samples achieved through proven techniques like random and stratified sampling, supported by reliable tools such as surveys, interviews, and observations.
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- Forecasting & Finalization – Predictive modeling and time-series analysis anticipate future market behaviors, presented through insightful reports with charts, graphs, and strategic recommendations.
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Why This MarkNtel Advisors Research Report:
- In-depth Market Analysis: Understand trends and dynamics shaping growth.
- Segmented Insights: Target specific segments for focused strategies.
- Geographical Performance: Assess market opportunities by geographic area.
- Emerging Technologies: Discover advancements like AI integration.
- Risk Identification: Pinpoint challenges to inform strategic planning.
- Future Forecasts: Prepare for market changes with actionable projections.
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