The India safety valves market size reached USD 347.70 Million in 2024. Looking forward, IMARC Group expects the market to reach USD 633.88 Million by 2033, exhibiting a growth rate (CAGR) of 6.90% during 2025-2033. The India safety valves market share is driven by expanding industrial safety regulations, rising power generation demand, and the growing infrastructure projects. Moreover, increasing automation and smart valve adoption further enhance safety, efficiency, and operational reliability across industries.
Report Attribute
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Key Statistics
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Base Year
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2024 |
Forecast Years
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2025-2033
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Historical Years
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2019-2024
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Market Size in 2024 | USD 347.70 Million |
Market Forecast in 2033 | USD 633.88 Million |
Market Growth Rate (2025-2033) | 6.90% |
Increasing Demand in Power Generation
Industries are increasingly prioritizing workplace safety to prevent accidents, equipment failures, and hazardous material leaks. Government regulations and industry standards are mandating the installation of safety valves across various industrial sectors. These regulations ensure compliance with pressure management protocols, reducing risks associated with overpressure conditions. The oil and gas industry is widely adopting safety valves to mitigate potential fire and explosion hazards. In power plants, safety valves are crucial for preventing steam and pressure build-up in boilers. The pharmaceutical and chemical industries require advanced safety valves to handle volatile substances safely. Growing infrastructure projects including water treatment plants, demand high-performance safety valves for pressure control applications, which is a key factor strengthening the India safety valves market growth. Besides this, the rising adoption of automation in industrial operations is also catalyzing the demand for smart safety valves. In June 2024, AMETEK Land launched a thermal imager retraction system to enhance safety in steel, glass, cement, and power plants. Featuring automated retraction, it protects sensors from extreme heat while ensuring continuous monitoring. These technologically advanced solutions provide real-time monitoring and predictive maintenance capabilities for improved safety. Expanding manufacturing activities are increasing the need for reliable safety systems to avoid operational disruptions, improving efficiency and industrial safety.
Expanding Requirement for Industrial Safety
The increasing demand for safety valves in power generation is positively influencing the India safety valves market outlook. Rapid urbanization and industrial expansion are leading to higher electricity usage across various sectors. Power plants require safety valves to regulate steam pressure and prevent potential equipment failures. Thermal power plants extensively use safety valves in boilers, turbines, and pipelines for operational safety. The expansion of renewable energy projects including solar and wind power is also increasing safety valve demand. Hydroelectric power plants depend on safety valves to manage water pressure and prevent structural damage. Nuclear power plants require highly reliable safety valves to control coolant flow and ensure reactor safety. The Government of India is planning to add at least 80 GW of new coal-based power capacity by 2031-32 to meet the base load requirements. This expansion is expected to drive significant demand for safety valves in coal-fired power plants. The integration of smart grids and advanced energy systems further necessitates efficient pressure control mechanisms, increasing the adoption of high-performance safety valves across the power sector.
IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the regional level for 2025-2033. Our report has categorized the market based on material, size, and industry.
Material Insights:
The report has provided a detailed breakup and analysis of the market based on the material. This includes steel, cast iron, alloy, cryogenic, and others.
Size Insights:
A detailed breakup and analysis of the market based on the size have also been provided in the report. This includes up to 1”, 1” to 6”, 6” to 25”, 25” to 50”, 50” and larger.
Industry Insights:
The report has provided a detailed breakup and analysis of the market based on the industry. This includes oil and gas, energy and power, chemicals, water and wastewater, building and construction, pharmaceuticals, agriculture, metal and mining, paper and pulp, food and beverages, and others.
Regional Insights:
The report has also provided a comprehensive analysis of all the major regional markets, which include North India, South India, East India, and West India.
The market research report has also provided a comprehensive analysis of the competitive landscape. Competitive analysis such as market structure, key player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided.
Report Features | Details |
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Base Year of the Analysis | 2024 |
Historical Period | 2019-2024 |
Forecast Period | 2025-2033 |
Units | Million USD |
Scope of the Report |
Exploration of Historical Trends and Market Outlook, Industry Catalysts and Challenges, Segment-Wise Historical and Future Market Assessment:
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Materials Covered | Steel, Cast Iron, Alloy, Cryogenic, Others |
Sizes Covered | Up To 1”, 1” to 6”, 6” to 25”, 25” to 50”, 50” and Larger |
Industries Covered | Oil and Gas, Energy and Power, Chemicals, Water and Wastewater, Building and Construction, Pharmaceuticals, Agriculture, Metal and Mining, Paper and Pulp, Food and Beverages, Others |
Regions Covered | North India, South India, East India, West India |
Customization Scope | 10% Free Customization |
Post-Sale Analyst Support | 10-12 Weeks |
Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
Key Questions Answered in This Report:
Key Benefits for Stakeholders: