South Korea Industrial Valve Market to Hit Revenues of US$ 30.61 Billion by 2030, at 5.66% CAGR | |
Industrial Valve Market Size Was Valued at USD 20.82 Billion in 2022 and is Projected to Reach USD 30.61 Billion by 2030, Growing at a CAGR of 5.66% From 2023-2030. An industrial valve is a mechanical device crafted to manage the flow of fluids, such as liquids, gases, or slurries, within a system or process. Its function includes opening, closing, or partially obstructing the passage through which the fluid travels. Valves are indispensable components in numerous industrial applications, crucial for controlling the flow rate, pressure, and direction of fluids to ensure the smooth operation and safety of various processes and systems. the energy sector, encompassing industries like oil and gas, petrochemicals, and power generation, serves as a primary driver for the demand of industrial valves. With the ongoing increase in energy needs in South Korea, there arises a significant requirement for valves across diverse applications, including pipelines, refineries, and power plants. Leading players involved in South Korea Industrial Valves Market include: Samson Controls Ltd. (Germany), KSB Co. Ltd. (Germany), Daejin Kogyo Co. Ltd. (South Korea), KITZ Corporation (Japan), LG Valves (South Korea), Wooyoung Engineering Co. Ltd. (South Korea), Hansung Valve Co. Ltd. (South Korea), Shinheung Precision Co. Ltd. (South Korea), Hana Metal Industrial Co. Ltd. (South Korea), LS Metal Co. Ltd. (South Korea), SMC Corporation (Japan), HAESEUNG HITECH Co. Ltd. (South Korea), MIRAE Industry Co. Ltd. (South Korea), Pusan Valve Ind. Co. Ltd. (South Korea), Youngjin Valve Co. Ltd. (South Korea), Hyodong Machine Co. Ltd. (South Korea), YOUNGDO IND. CO. LTD. (South Korea), Samyang Metal Ind. Co. Ltd. (South Korea), Kyung Jin Valve Co. Ltd. (South Korea), TAEJIN Machinery Co. Ltd. (South Korea), and other major players. Get free access to Sample Report in PDF Version along with Graphs and Figures @ https://pristineintelligence.com/request-sample/south-korea-industrial-valve-market-201 | |
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Target Prov.: All Provinces Target City : USA Last Update : Mar 19, 2024 7:53 AM Number of Views: 82 | Item Owner : Akshay Patil Contact Email: Contact Phone: (+1) 773 382 1049 |
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