TIANJIN TANGGU NO.1 VALVE CO.,LTD

TIANJIN TANGGU NO.1 VALVE CO.,LTD

Valve Industry 2026: A Trillion-Yuan Structural Shift – Domestic Substitution and Globalization Accelerate as TVI Deepens Its Full-Category Intelligent Manufacturing and International Footprint

2026 06/05

 

Valve Industry 2026: Trillion-Yuan Market Accelerates Restructuring, Domestic Substitution and Globalization Enter Critical Window

Driven by the dual waves of global energy transition and industrial intelligence, the valve industry is undergoing unprecedented structural transformation in 2026. On one hand, the global valve market continues to expand steadily; on the other hand, China's valve exports have reached new highs, domestic substitution is accelerating, and intelligentization has become a new competitive arena – leading enterprises with scale manufacturing capabilities, comprehensive certification systems, and global footprints are embracing historic development opportunities.

A Trillion-Yuan Track Continues to Expand: Steady Growth in the Global Valve Market

The global valve manufacturing market is expanding at a steady pace. According to 360iResearch, the global valve market was valued at approximately US$10.41 billion in 2025, and is expected to reach US$10.87 billion in 2026, with a compound annual growth rate (CAGR) of 5.49% from 2026 to 2032, potentially reaching US$15.15 billion by 2032. From the perspective of industrial valves, Business Research Company data shows that the global industrial valve market grew from US$102.56 billion in 2025 to US$105.75 billion in 2026, with a CAGR of 3.1%, and is expected to reach US$123.38 billion by 2030.

On the demand side, continued exploration of oil and natural gas, expansion of the chemical and petrochemical industries, rising demand for water and wastewater treatment, and the industrialization of emerging economies are the core drivers of global valve market growth. The Asia-Pacific region remains the main engine of global valve consumption, with China's market contribution particularly prominent, accounting for more than 35%.

China's Valve Exports Hit Record High: The "Going Global" Wave Gains Momentum

In 2026, the position of Chinese valve companies in the global supply chain has further strengthened. According to data from the General Administration of Customs of China, the export volume of Chinese valves and similar devices reached 6.946 billion units in 2025, a year-on-year increase of 16.5%; the export value reached US$18.918 billion, a year-on-year increase of 5.3%. This rapid growth reflects the continuously strengthening international competitiveness of China's valve industry.

At the same time, adjustments to export tax rebate policies bring new opportunities and challenges for export-oriented valve companies. In 2026, export tax rebate policies have undergone structural adjustments, with rebate rates increased for some products and full-process digital supervision fully rolled out. Industry insiders point out that as the global valve supply chain is restructuring, domestic companies are accelerating the deployment of overseas warehousing or production facilities to reduce logistics costs and tariff risks.

Technological Breakthroughs Driving Domestic Substitution: "Specialized and Sophisticated" Enterprises Benefit from Policy Support

As China continues to invest in major projects such as nuclear power, oil and gas pipelines, and ultra-supercritical thermal power, the acceleration window for domestic substitution of high-end valves is opening. According to a Huatai Securities report, China's valve market reached US$15.2 billion in 2023, and is expected to reach US$16.1 billion, US$17.1 billion, and US$18.2 billion in 2024, 2025, and 2026 respectively, with year-on-year growth of 5.9%, 6.2%, and 6.4%. Against the backdrop of "de-industrialization" in Europe and the United States, China's long-established infrastructure