Continued Market Growth: With the continuous upgrading of China's manufacturing industry and the steady progress of infrastructure construction, the valve accessories industry has maintained a relatively stable growth trend. In 2024, the market size of China's valve accessories industry is expected to reach approximately RMB 170 billion, a year-on-year growth rate of 4.16%. By 2025, the market size is projected to reach US$17.1 billion, or approximately RMB 1.224 trillion, a year-on-year increase of approximately 7.2%.

Products Shifting Towards High-End: With the rapid development of high-end manufacturing industries such as new energy, semiconductors, and biopharmaceuticals, demand for corrosion-resistant, high-temperature-resistant, and high-precision specialty valve accessories continues to grow. Stainless steel valve accessories dominate the market, reaching a 42.3% market share in 2024 and projected to increase further in 2025. Furthermore, some leading companies have mastered core technologies such as precision casting, CNC machining, surface treatment, and non-destructive testing, and have achieved domestic substitution of key components in sectors such as nuclear power, supercritical thermal power, and LNG. A Clear Trend toward Intelligence: The accelerated advancement of industrial automation and intelligent manufacturing is driving the development of intelligent valve accessories. By incorporating sensors and IoT technologies, valve accessories can implement real-time pressure monitoring and fault warnings, significantly improving system reliability and maintenance efficiency. For example, hydraulic joints are transitioning from traditional mechanical components to intelligent system integration. New products such as smart valves and electric control valves are being introduced, meeting the demand for high-performance valve accessories in emerging sectors.

Increasing Green and Environmental Protection Requirements: Stricter environmental regulations are driving the valve accessories industry towards a low-carbon transition. On the one hand, green materials such as stainless steel, titanium alloys, and bio-based composites will be more widely used to reduce energy consumption throughout the product lifecycle. On the other hand, production processes will continue to be optimized, such as through lean manufacturing to reduce waste emissions, contributing to the dual carbon goals.

Industry Concentration Gradually Increasing: Currently, China's valve accessories industry is dominated by small and medium-sized enterprises, but industry concentration has gradually increased in recent years. Leading companies have strengthened their market competitiveness through technological upgrades, brand building, and capacity expansion. By 2024, the top ten valve accessories manufacturers in China will have a combined market share of approximately 28%, an increase of 1.5 percentage points from 2023. Export markets continue to expand: China's valve fittings industry boasts strong international competitiveness, with products exported to numerous countries and regions, including Europe, America, Southeast Asia, the Middle East, and Africa. In 2024, China's valve fittings exports are expected to reach approximately US$4.8 billion, a year-on-year increase of 3.2%. This figure is projected to grow to approximately US$5 billion by 2025, further solidifying China's position in the global valve fittings supply chain.