South Korea Industrial Valves Market Growth, Size & Forecast 2025-2030
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.
South Korea Industrial Valves Market Driver:
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.
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Market Dimensions & Projections
· Pricing Evaluation
· Recent Strategic Moves by Companies
· Primary Stakeholders
· Import/Export Trend Analysis
· Competitive Landscape Assessment
· Emerging Opportunities
· Market Trends and Indicators
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South Korea Industrial Valves Market Segmentation:
The market report categorizes the market based on different segments and geographical analysis.
Study Timeline:
-Base Year: 2024
-Historical Period: 2020 to 2023
-Forecast Period: 2025 to 2030
· 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
· By Region
Northern Region
Central Region
Southern Region
Competitive Landscape
With strategic initiatives, such as mergers, collaborations, and acquisitions, the leading market companies, including -
· Emerson Electric Co.
· Flowserve Corporation
· MI plc
· Crane Co.
· Velan Inc.
· KSB SE & Co. KGaA
· KITZ Corporation
· Samyang Metal
· Dong-A Valve
· Others
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