China's Industrial Valve Market Exceeds 75 Billion Yuan in H1 2026, New Energy Segments Lead Growth

Industrial statistics show that China's industrial valve market size surpassed 75 billion yuan in the first half of 2026, representing a year-on-year increase of 8.5%. The market demonstrates a clear structural divergence. While traditional sectors including oil & gas, thermal power and water supply maintain steady rigid demand, three emerging tracks — hydrogen energy, CCUS carbon capture and nuclear power — witness explosive growth. The full-year market size of special valves for new energy is projected to top 20 billion yuan, with an annual growth rate exceeding 25%.

Highlights of segmented market demand:

1. Hydrogen energy: There is a widening supply gap for 70 MPa high-pressure hydrogen refueling valves and cryogenic liquid hydrogen valves. Addressing hydrogen embrittlement and high-pressure sealing remains the core technical challenge.

2. CCUS carbon sequestration: Special control valves resistant to carbon dioxide corrosion and low-emission bellows-sealed ball valves are being purchased in bulk.

3. Smart water services: IoT intelligent butterfly valves and pipeline leakage monitoring valves have been included in special procurement plans for urban renewal projects nationwide.

Central SOEs dominate major procurement activities. Sinopec, CNOOC and China Energy continue to release annual framework orders for valves, accelerating the domestic substitution of high-end special valves.