Product Code: ETC5073898 | Publication Date: Nov 2023 | Updated Date: Apr 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Sachin Kumar Rai | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
The Industrial Valves Market in North Korea offers valves for controlling the flow of liquids, gases, and slurries in industrial processes and systems. Domestic manufacturers produce industrial valves using locally sourced materials and manufacturing processes to meet the pressure, temperature, and compatibility requirements of various industrial applications within the country.
The industrial valves market in North Korea is experiencing growth driven by the demand for valves in various industrial processes, including oil and gas, power generation, water and wastewater treatment, chemical processing, and HVAC systems. Industrial valves, including ball valves, gate valves, butterfly valves, and control valves, play essential roles in regulating, controlling, and directing the flow of fluids and gases in pipelines, tanks, and equipment. The market growth is supported by infrastructure development projects, industrial automation initiatives, and increasing investments in energy and utilities sectors. Additionally, advancements in valve technology, such as smart valves with remote monitoring capabilities, corrosion-resistant materials, and energy-efficient designs, contribute to market expansion by offering enhanced performance, reliability, and sustainability for industrial applications.
The industrial valves market faces significant hurdles due to the limited availability of advanced manufacturing technologies and high-quality materials. Sanctions restrict the import of modern valves and components, making it difficult to produce and maintain efficient valve systems. The reliance on outdated industrial processes and lack of stringent quality control measures result in lower product standards and efficiency. Additionally, the absence of skilled professionals in the field of mechanical engineering further hampers the development and growth of this market.
North Korea emphasizes the importance of the industrial valves market for its manufacturing, oil and gas, and water management sectors. Government policies support the domestic production of high-quality valves through investments in research and development. State-owned enterprises receive support to produce a wide range of valves, including gate, ball, and control valves, ensuring the availability of reliable and efficient solutions for various industrial applications.
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 North Korea Industrial Valves Market Overview |
3.1 North Korea Country Macro Economic Indicators |
3.2 North Korea Industrial Valves Market Revenues & Volume, 2021 & 2031F |
3.3 North Korea Industrial Valves Market - Industry Life Cycle |
3.4 North Korea Industrial Valves Market - Porter's Five Forces |
3.5 North Korea Industrial Valves Market Revenues & Volume Share, By Function, 2021 & 2031F |
3.6 North Korea Industrial Valves Market Revenues & Volume Share, By Material, 2021 & 2031F |
3.7 North Korea Industrial Valves Market Revenues & Volume Share Segmentations, 2021 & 2031F |
3.8 North Korea Industrial Valves Market Revenues & Volume Share, By Size, 2021 & 2031F |
3.9 North Korea Industrial Valves Market Revenues & Volume Share, By End-user Industry, 2021 & 2031F |
4 North Korea Industrial Valves Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 North Korea Industrial Valves Market Trends |
6 North Korea Industrial Valves Market Segmentations |
6.1 North Korea Industrial Valves Market, By Function |
6.1.1 Overview and Analysis |
6.1.2 North Korea Industrial Valves Market Revenues & Volume, By On-off/Isolation, 2021-2031F |
6.1.3 North Korea Industrial Valves Market Revenues & Volume, By Control, 2021-2031F |
6.2 North Korea Industrial Valves Market, By Material |
6.2.1 Overview and Analysis |
6.2.2 North Korea Industrial Valves Market Revenues & Volume, By Steel, 2021-2031F |
6.2.3 North Korea Industrial Valves Market Revenues & Volume, By Cast Iron, 2021-2031F |
6.2.4 North Korea Industrial Valves Market Revenues & Volume, By Cryogenic, 2021-2031F |
6.2.5 North Korea Industrial Valves Market Revenues & Volume, By Alloy Based, 2021-2031F |
6.2.6 North Korea Industrial Valves Market Revenues & Volume, By Others, 2021-2031F |
6.3 North Korea Industrial Valves Market Segmentations |
6.3.1 Overview and Analysis |
6.3.2 North Korea Industrial Valves Market Revenues & Volume, By Ball Valves, 2021-2031F |
6.3.3 North Korea Industrial Valves Market Revenues & Volume, By Butterfly Valves, 2021-2031F |
6.3.4 North Korea Industrial Valves Market Revenues & Volume, By Check Valves, 2021-2031F |
6.3.5 North Korea Industrial Valves Market Revenues & Volume, By Diaphragm Valves, 2021-2031F |
6.3.6 North Korea Industrial Valves Market Revenues & Volume, By Gate Valves, 2021-2031F |
6.3.7 North Korea Industrial Valves Market Revenues & Volume, By Globe Valves, 2021-2031F |
6.3.8 North Korea Industrial Valves Market Revenues & Volume, By Safety Valves, 2021-2031F |
6.3.9 North Korea Industrial Valves Market Revenues & Volume, By Safety Valves, 2021-2031F |
6.4 North Korea Industrial Valves Market, By Size |
6.4.1 Overview and Analysis |
6.4.2 North Korea Industrial Valves Market Revenues & Volume, By Up To 1¢Ã¢Â?¬ |
6.4.3 North Korea Industrial Valves Market Revenues & Volume, By 1-6¢Ã¢Â?¬ |
6.4.4 North Korea Industrial Valves Market Revenues & Volume, By 6-25¢Ã¢Â?¬ |
6.4.5 North Korea Industrial Valves Market Revenues & Volume, By 25-50¢Ã¢Â?¬ |
6.4.6 North Korea Industrial Valves Market Revenues & Volume, By 50¢Ã¢Â?¬ |
6.5 North Korea Industrial Valves Market, By End-user Industry |
6.5.1 Overview and Analysis |
6.5.2 North Korea Industrial Valves Market Revenues & Volume, By Oil & Gas, 2021-2031F |
6.5.3 North Korea Industrial Valves Market Revenues & Volume, By Water & Wastewater Treatment, 2021-2031F |
6.5.4 North Korea Industrial Valves Market Revenues & Volume, By Energy & Power, 2021-2031F |
6.5.5 North Korea Industrial Valves Market Revenues & Volume, By Food & Beverages, 2021-2031F |
6.5.6 North Korea Industrial Valves Market Revenues & Volume, By Chemicals, 2021-2031F |
6.5.7 North Korea Industrial Valves Market Revenues & Volume, By Building & Construction, 2021-2031F |
6.5.8 North Korea Industrial Valves Market Revenues & Volume, By Others, 2021-2031F |
6.5.9 North Korea Industrial Valves Market Revenues & Volume, By Others, 2021-2031F |
7 North Korea Industrial Valves Market Import-Export Trade Statistics |
7.1 North Korea Industrial Valves Market Export to Major Countries |
7.2 North Korea Industrial Valves Market Imports from Major Countries |
8 North Korea Industrial Valves Market Key Performance Indicators |
9 North Korea Industrial Valves Market - Opportunity Assessment |
9.1 North Korea Industrial Valves Market Opportunity Assessment, By Function, 2021 & 2031F |
9.2 North Korea Industrial Valves Market Opportunity Assessment, By Material, 2021 & 2031F |
9.3 North Korea Industrial Valves Market Opportunity Assessment Segmentations, 2021 & 2031F |
9.4 North Korea Industrial Valves Market Opportunity Assessment, By Size, 2021 & 2031F |
9.5 North Korea Industrial Valves Market Opportunity Assessment, By End-user Industry, 2021 & 2031F |
10 North Korea Industrial Valves Market - Competitive Landscape |
10.1 North Korea Industrial Valves Market Revenue Share, By Companies, 2024 |
10.2 North Korea Industrial Valves Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |