Australia, Japan, South Korea, Indonesia, Thailand Industrial Valves Market to 2032
Overview
The Australia, Japan, South Korea, Indonesia, Thailand Industrial Valves Market is expected to reach a 28.57 USD Billion by 2032 and is projected to grow at a CAGR of 6.02% from 2025 to 2032.
Revenue, 2024 (USD Billion)
17.90
Forecast, 2032 (USD Billion)
28.57
CAGR, 2024 - 2032
6.02%
Report Coverage
Asia-Pacific
Australia, Japan, South Korea, Indonesia, Thailand Industrial Valves Market 2018-2032 USD Billion
Australia, Japan, South Korea, Indonesia, Thailand Industrial Valves Market, Key Findings (2025-2032)
Market Growth and Projections:
- Market Size (2024): 17.90 USD Billion
- Projected Market Size (2032): 28.57 USD Billion
- CAGR (2025-2032): 6.02%
Key Findings of Australia, Japan, South Korea, Indonesia, Thailand Industrial Valves Market
- The Australia, Japan, South Korea, Indonesia, Thailand Industrial Valves Market was valued at 28.57 USD Billion in 2024.
- The Australia, Japan, South Korea, Indonesia, Thailand Industrial Valves Market is likely to grow at a CAGR of 6.02% during the forecast period of 2024 to 2032.
- In 2024, the Largest segment Power in Application Segment accounted for the largest share of the market with a revenue of 14.44 USD Billion
- The fastest growing segment Stainless Steel in Material Segment grew Fastest with a CAGR of 7.29% during the forecast period from 2024 to 2032.
Australia, Japan, South Korea, Indonesia, Thailand Industrial Valves Market Scope
Australia, Japan, South Korea, Indonesia, Thailand Industrial Valves Market Segmentation & Scope
Material
- PVC
- Cast Steel
- Stainless Steel
- PTFE
- Alloy
- Rubber
- Others
Size
- >50 Inch
- 26-50 Inch
- <1 Inch
- 7-25 Inch
- 1-6 Inch
Function
- On/Off Valves
- Control Valves
Component
- Others
- Trim
- Valve Body
- Actuators
Application
- Water And Wastewater
- Power
- Chemical
- Agriculture
- Building
Type
- Others
- Penstocks
- Gate Vales
- Butterfly Valves
- Ball Valves
- Solenoid Valve
- Air Valve
- Safety Valves
- Plug Valves
- Diaphgram Valves
- Globe Valves
- Check Valves
- Plunger Valve
Sales Channel
- Indirect
- Direct
Australia, Japan, South Korea, Indonesia, Thailand Industrial Valves Market Data Coverage Insights
| Study Period | 2024-2032 |
| Base Year | 2023 |
| Unit | Revenue in USD Billion |
| Market Value in 2024 | 17.90 USD Billion |
| Market Value in 2032 | 28.57 USD Billion |
| CAGR (2025-2032) | 6.02% |
| Historic Data | 2016-2023 |
| Market Segments Covered | Material,Size,Function,Component,Application,Type,Sales Channel |
Regional Insights:
-
Leading Market (2024-2032): Asia-Pacific, leading in terms of revenue 17.90 USD Billion in 2024
- Key Country: Japan, leading in terms of revenue with value of 5,390.55 USD Million in 2024.
Segments and Scope
-
Australia, Japan, South Korea, Indonesia, Thailand Industrial Valves Market to 2032, By Material
- Stainless Steel is the largest segment in Australia, Japan, South Korea, Indonesia, Thailand Industrial Valves Market to 2032 with a revenue of 6.20 USD Billion in the year 2024.
- Stainless Steel is the Fastest growing segment in Australia, Japan, South Korea, Indonesia, Thailand Industrial Valves Market to 2032 with a Growth rate of 7.29 % in forecast period 2025-2032.
-
Australia, Japan, South Korea, Indonesia, Thailand Industrial Valves Market to 2032, By Size
- 1-6 Inch is the largest segment in Australia, Japan, South Korea, Indonesia, Thailand Industrial Valves Market to 2032 with a revenue of 6.96 USD Billion in the year 2024.
- 1-6 Inch is the Fastest growing segment in Australia, Japan, South Korea, Indonesia, Thailand Industrial Valves Market to 2032 with a Growth rate of 6.79 % in forecast period 2025-2032.
-
Australia, Japan, South Korea, Indonesia, Thailand Industrial Valves Market to 2032, By Function
- On/Off Valves is the largest segment in Australia, Japan, South Korea, Indonesia, Thailand Industrial Valves Market to 2032 with a revenue of 11.52 USD Billion in the year 2024.
- Control Valves is the Fastest growing segment in Australia, Japan, South Korea, Indonesia, Thailand Industrial Valves Market to 2032 with a Growth rate of 5.78 % in forecast period 2025-2032.
-
Australia, Japan, South Korea, Indonesia, Thailand Industrial Valves Market to 2032, By Component
- Actuators is the largest segment in Australia, Japan, South Korea, Indonesia, Thailand Industrial Valves Market to 2032 with a revenue of 7.98 USD Billion in the year 2024.
- Actuators is the Fastest growing segment in Australia, Japan, South Korea, Indonesia, Thailand Industrial Valves Market to 2032 with a Growth rate of 6.53 % in forecast period 2025-2032.
-
Australia, Japan, South Korea, Indonesia, Thailand Industrial Valves Market to 2032, By Application
- Power is the largest segment in Australia, Japan, South Korea, Indonesia, Thailand Industrial Valves Market to 2032 with a revenue of 14.44 USD Billion in the year 2024.
- Water And Wastewater is the Fastest growing segment in Australia, Japan, South Korea, Indonesia, Thailand Industrial Valves Market to 2032 with a Growth rate of 5.84 % in forecast period 2025-2032.
-
Australia, Japan, South Korea, Indonesia, Thailand Industrial Valves Market to 2032, By Type
- Ball Valves is the largest segment in Australia, Japan, South Korea, Indonesia, Thailand Industrial Valves Market to 2032 with a revenue of 4.25 USD Billion in the year 2024.
- Ball Valves is the Fastest growing segment in Australia, Japan, South Korea, Indonesia, Thailand Industrial Valves Market to 2032 with a Growth rate of 6.88 % in forecast period 2025-2032.
-
Australia, Japan, South Korea, Indonesia, Thailand Industrial Valves Market to 2032, By Sales Channel
- Direct is the largest segment in Australia, Japan, South Korea, Indonesia, Thailand Industrial Valves Market to 2032 with a revenue of 11.12 USD Billion in the year 2024.
- Direct is the Fastest growing segment in Australia, Japan, South Korea, Indonesia, Thailand Industrial Valves Market to 2032 with a Growth rate of 6.29 % in forecast period 2025-2032.
Australia, Japan, South Korea, Indonesia, Thailand Industrial Valves Market Company Share Analysis
Australia, Japan, South Korea, Indonesia, Thailand Industrial Valves Market Geographical Sales Distribution, 2018-2032 USD Billion
Australia, Japan, South Korea, Indonesia, Thailand Industrial Valves Market Company Profiling
Industry Related Reports
Frequently Asked Questions
The Australia, Japan, South Korea, Indonesia, Thailand Industrial Valves Market is segmented based on Segmentation Material,Size,Function,Component,Application,Type,Sales Channel.
Australia, Japan, South Korea, Indonesia, Thailand Industrial Valves Market was valued at USD 17.90(Revenue in USD Billion) in 2023.
Australia, Japan, South Korea, Indonesia, Thailand Industrial Valves Market is projected to grow at a CAGR of 6.02% during the forecast period of 2024 to 2032.
The Power segment is expected to dominate the Australia, Japan, South Korea, Indonesia, Thailand Industrial Valves Market, holding a largest market share of 14.44 USD Billion in 2024
Australia, Japan, South Korea, Indonesia, Thailand Industrial Valves Market Scope
Australia, Japan, South Korea, Indonesia, Thailand Industrial Valves Market Segmentation & Scope
Material
- PVC
- Cast Steel
- Stainless Steel
- PTFE
- Alloy
- Rubber
- Others
Size
- >50 Inch
- 26-50 Inch
- <1 Inch
- 7-25 Inch
- 1-6 Inch
Function
- On/Off Valves
- Control Valves
Component
- Others
- Trim
- Valve Body
- Actuators
Application
- Water And Wastewater
- Power
- Chemical
- Agriculture
- Building
Type
- Others
- Penstocks
- Gate Vales
- Butterfly Valves
- Ball Valves
- Solenoid Valve
- Air Valve
- Safety Valves
- Plug Valves
- Diaphgram Valves
- Globe Valves
- Check Valves
- Plunger Valve
Sales Channel
- Indirect
- Direct
Frequently Asked Questions
The Australia, Japan, South Korea, Indonesia, Thailand Industrial Valves Market is segmented based on Segmentation Material,Size,Function,Component,Application,Type,Sales Channel.
Australia, Japan, South Korea, Indonesia, Thailand Industrial Valves Market was valued at USD 17.90(Revenue in USD Billion) in 2023.
Australia, Japan, South Korea, Indonesia, Thailand Industrial Valves Market is projected to grow at a CAGR of 6.02% during the forecast period of 2024 to 2032.
The estimated market value of the Australia, Japan, South Korea, Indonesia, Thailand Industrial Valves Market for final year is USD 28.57 (USD Billion).
Australia, Japan, South Korea, Indonesia, Thailand Industrial Valves Market Company Profiling
Frequently Asked Questions
The Australia, Japan, South Korea, Indonesia, Thailand Industrial Valves Market is segmented based on Segmentation Material,Size,Function,Component,Application,Type,Sales Channel.
Australia, Japan, South Korea, Indonesia, Thailand Industrial Valves Market was valued at USD 17.90(Revenue in USD Billion) in 2023.
Australia, Japan, South Korea, Indonesia, Thailand Industrial Valves Market is projected to grow at a CAGR of 6.02% during the forecast period of 2024 to 2032.
The estimated market value of the Australia, Japan, South Korea, Indonesia, Thailand Industrial Valves Market for final year is USD 28.57 (USD Billion).
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