| Product Code: ETC6750941 | Publication Date: Sep 2024 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Summon Dutta | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Despite a negative CAGR and a decline in growth rate in 2024, China continues to import plug valves mainly from Germany, Japan, USA, Taiwan, and Switzerland. The High Herfindahl-Hirschman Index (HHI) indicates a concentrated market, suggesting limited competition among exporting countries. This data highlights the importance of these key trading partners in meeting China demand for plug valves, pointing to potential opportunities for market expansion and diversification in the future.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 China Plug Valve Market Overview |
3.1 China Country Macro Economic Indicators |
3.2 China Plug Valve Market Revenues & Volume, 2021 & 2031F |
3.3 China Plug Valve Market - Industry Life Cycle |
3.4 China Plug Valve Market - Porter's Five Forces |
3.5 China Plug Valve Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 China Plug Valve Market Revenues & Volume Share, By Design, 2021 & 2031F |
3.7 China Plug Valve Market Revenues & Volume Share, By End-User Industry, 2021 & 2031F |
4 China Plug Valve Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing industrialization and urbanization in China leading to higher demand for plug valves in various sectors such as oil gas, water & wastewater, and chemical industries. |
4.2.2 Stringent government regulations focusing on environmental protection and safety standards, driving the adoption of high-quality plug valves in industrial processes. |
4.2.3 Growing investments in infrastructure projects and construction activities in China, boosting the demand for plug valves in applications like pipelines and HVAC systems. |
4.3 Market Restraints |
4.3.1 Price volatility of raw materials used in plug valve manufacturing, impacting the production costs and potentially affecting the pricing of plug valves in the market. |
4.3.2 Intense competition among plug valve manufacturers in China leading to pricing pressures and challenges in maintaining profit margins. |
4.3.3 Technological advancements and innovations in alternative valve types posing a threat to the market share of plug valves in certain applications. |
5 China Plug Valve Market Trends |
6 China Plug Valve Market, By Types |
6.1 China Plug Valve Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 China Plug Valve Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 China Plug Valve Market Revenues & Volume, By Non-Lubricated Plug Valve, 2021- 2031F |
6.1.4 China Plug Valve Market Revenues & Volume, By Lubricated Plug Valve, 2021- 2031F |
6.1.5 China Plug Valve Market Revenues & Volume, By Eccentric Plug Valve, 2021- 2031F |
6.1.6 China Plug Valve Market Revenues & Volume, By Expanding Plug Valve, 2021- 2031F |
6.2 China Plug Valve Market, By Design |
6.2.1 Overview and Analysis |
6.2.2 China Plug Valve Market Revenues & Volume, By Two Way Plug Valve, 2021- 2031F |
6.2.3 China Plug Valve Market Revenues & Volume, By Three-Way Plug Valve, 2021- 2031F |
6.3 China Plug Valve Market, By End-User Industry |
6.3.1 Overview and Analysis |
6.3.2 China Plug Valve Market Revenues & Volume, By Oil & Gas, 2021- 2031F |
6.3.3 China Plug Valve Market Revenues & Volume, By Chemical & Petrochemical, 2021- 2031F |
6.3.4 China Plug Valve Market Revenues & Volume, By Water & Wastewater, 2021- 2031F |
6.3.5 China Plug Valve Market Revenues & Volume, By Energy, 2021- 2031F |
7 China Plug Valve Market Import-Export Trade Statistics |
7.1 China Plug Valve Market Export to Major Countries |
7.2 China Plug Valve Market Imports from Major Countries |
8 China Plug Valve Market Key Performance Indicators |
8.1 Percentage of plug valve installations in newly constructed industrial facilities or infrastructure projects in China. |
8.2 Rate of adoption of smart plug valves equipped with IoT capabilities or automation features. |
8.3 Number of partnerships or collaborations between Chinese plug valve manufacturers and international companies for technology transfer or market expansion. |
8.4 Average time taken for plug valve manufacturers in China to introduce new product offerings or upgrades to existing product lines. |
9 China Plug Valve Market - Opportunity Assessment |
9.1 China Plug Valve Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 China Plug Valve Market Opportunity Assessment, By Design, 2021 & 2031F |
9.3 China Plug Valve Market Opportunity Assessment, By End-User Industry, 2021 & 2031F |
10 China Plug Valve Market - Competitive Landscape |
10.1 China Plug Valve Market Revenue Share, By Companies, 2024 |
10.2 China Plug Valve Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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