The valve industry has witnessed several key developments recently, spanning technological innovation to market consolidation, reflecting the sector's adaptation to energy transition and industrial digitalization.
In the hydrogen sector, sealing and material durability for high-pressure valves have long posed technical challenges. A leading enterprise has successfully tested a liquid hydrogen-specific valve under ultra-low temperatures (-253°C), with sealing performance improved by 40%. This breakthrough removes a key barrier to the large-scale application of hydrogen fuel cell vehicles. The company’s spokesperson noted, "Domestically produced hydrogen valves will significantly reduce costs across China’s hydrogen value chain, with the market projected to exceed 10 billion yuan in the next five years".
With the global rollout of China’s HPR1000 third-generation nuclear technology, localization of nuclear-grade valves has accelerated. Data from the National Energy Administration shows that in the CAP1400 demonstration project, the localization rate of nuclear-grade valves has reached 85%—a 30-percentage-point increase from previous generations. A nuclear equipment manufacturer revealed that its “main steam isolation valve for million-kilowatt PWR nuclear power units” has passed international certification, ending long-standing foreign technological monopolies.
Driven by Industry 4.0, the smart valve market is experiencing explosive growth. Market research predicts that the global smart valve market will reach $12 billion in 2023, with a compound annual growth rate exceeding 8%. Chinese enterprises are leading in IoT-enabled valves, integrating sensors and AI algorithms to enable real-time monitoring and predictive maintenance—significantly reducing industrial system operation costs.
To align with China’s “dual carbon” goals, the valve industry is accelerating green standardization. The China National Machinery Industry Federation recently released the “Specification for Low-Carbon Valve Design and Manufacturing”, clarifying calculation methods for carbon footprints across valve lifecycles. Experts note that this standard will guide enterprises to invest in low-carbon materials and energy-saving technologies, with the market share of low-carbon valves expected to reach 30% by 2025.
The global valve trade landscape is undergoing profound changes. Affected by geopolitics and supply chain restructuring, European enterprises are accelerating production base layouts in Southeast Asia, while China’s valve exports show steady growth in volume and quality. Customs data indicates that in the first three quarters of 2023, China’s valve exports rose 12.5% year-on-year, with high-end valves accounting for 28% of total exports. Analysts suggest that as Chinese valve enterprises continue to strengthen technology and branding, they are poised to capture larger shares of the global high-end market.
Facing both opportunities and challenges, valve enterprises are accelerating transformation. Experts advise closer industry-university-research collaboration to overcome technological bottlenecks and greater participation in international standard-setting to enhance global influence. As energy restructuring and industrial digitalization deepen, the valve industry will take more solid steps toward green development and technological innovation.