세계의 건설용 밸브 시트 인서트 시장 : 기회, 성장 촉진요인, 산업 동향 분석, 예측(2025-2034년)

The Global Construction Valve Seat Insert Market was valued at USD 741.9 million in 2024 and is estimated to grow at a CAGR of 2.9% to reach USD 934.5 million by 2034. A significant contributor to this growth is the ongoing surge in infrastructure investment across both public and private sectors. As governments and corporations pour substantial resources into developing and modernizing transportation systems, commercial infrastructure, and utility frameworks, the demand for high-performance construction equipment is accelerating. These machines rely on robust internal engine components, with valve seat inserts playing a vital role in maintaining operational efficiency and durability under harsh working conditions.

Global construction activity continues to intensify, especially in regions experiencing rapid urban development. This widespread construction boom is fueling the need for heavy-duty machinery capable of performing in extreme environments. Equipment such as loaders, backhoes, cranes, and excavators requires engine parts that can endure high thermal and mechanical stress, making advanced valve seat inserts a critical component in sustaining machine longevity. The durability of these components reduces downtime and enhances the overall performance of engines, directly contributing to project efficiency. Furthermore, the aftermarket for valve seat inserts is growing, as continuous engine use demands timely maintenance and replacement parts, ensuring consistent performance in the long term.

In terms of equipment, the market is segmented into excavators, loaders, bulldozers, cranes, backhoes, graders, and others. Excavators led the market in 2024, holding a 30% share, and this segment is expected to grow at a CAGR of over 4.2% through the forecast period. Their widespread usage across construction and industrial sectors is attributed to their ability to perform multiple tasks, including lifting, digging, and trenching. Due to their prolonged operational hours and exposure to demanding environments, the engines in these machines require high-quality valve seat inserts that can handle extreme wear, making them a high-demand segment within the market.

Based on engine type, the market is divided into gasoline engines, diesel engines, gas engines (including natural gas, CNG, and LPG), hybrid engines, and others. In 2024, gasoline engines held the largest share, accounting for 43% of the market, and are anticipated to grow at a CAGR exceeding 4% between 2025 and 2034. These engines are frequently used in smaller construction machinery, favored for their ease of use, cost efficiency, and compatibility with various construction site requirements. Their popularity is also bolstered by ongoing improvements in engine efficiency, which in turn boosts demand for reliable and durable valve seat inserts.

When assessed by material, the market includes iron alloys, steel, nickel-based alloys, cobalt-based alloys, and others. Among these, iron alloys dominated the market in 2024 due to their balance of durability, heat resistance, and cost-effectiveness. These materials are especially suited for high-temperature operations and are widely adopted in both light and heavy-duty engine components. The affordability of iron-based materials, along with their machinability and resistance to wear, makes them the material of choice for many manufacturers aiming to meet the rigorous demands of construction equipment performance.

Regionally, China led the global construction valve seat insert market in 2024, generating around USD 134.9 million in revenue and accounting for approximately 39% of the global share. This dominant position is driven by the country's large-scale manufacturing capabilities and its continuous investment in infrastructure expansion. The need for reliable and efficient construction machinery has risen in tandem with urban development, driving the demand for performance-critical engine components like valve seat inserts. Additionally, regulatory measures around emissions and fuel efficiency are prompting manufacturers to adopt advanced insert technologies to stay compliant and competitive.

Leading companies operating in this industry include AVL List, MAHLE, BorgWarner, Forvia SE (Faurecia), Eaton, GKN Automotive, L.E. Jones, Mitsubishi Materials, Nippon Piston Ring, and Tenneco. These players are actively investing in material innovation, such as ceramic composites and advanced alloy blends, to improve product durability and performance. Strategic moves include establishing production hubs near equipment OEMs in key regions, enhancing aftermarket service networks, and forging partnerships with engine manufacturers. Many firms are also focusing on sustainable practices, incorporating recyclable materials and streamlining supply chains with digital technologies to reduce environmental impact and operational costs.

Table of Contents

Chapter 1 Methodology & Scope

• 1.1 Research design
  • 1.1.1 Research approach
  • 1.1.2 Data collection methods
• 1.2 Base estimates and calculations
  • 1.2.1 Base year calculation
  • 1.2.2 Key trends for market estimates
• 1.3 Forecast model
• 1.4 Primary research & validation
  • 1.4.1 Primary sources
  • 1.4.2 Data mining sources
• 1.5 Market definitions

Chapter 2 Executive Summary

• 2.1 Industry 360⁰ synopsis, 2021 - 2034

Chapter 3 Industry Insights

• 3.1 Industry ecosystem analysis
• 3.2 Supplier landscape
  • 3.2.1 Raw material suppliers
  • 3.2.2 Specialized valve seat insert manufacturers
  • 3.2.3 Engine manufacturers for construction equipment
  • 3.2.4 Construction equipment OEM
  • 3.2.5 Aftermarket suppliers and distributors
• 3.3 Profit margin analysis
• 3.4 Trump administration tariffs
  • 3.4.1 Impact on trade
    • 3.4.1.1 Trade volume disruptions
    • 3.4.1.2 Retaliatory measures by other countries
  • 3.4.2 Impact on the industry
    • 3.4.2.1 Price Volatility in key materials
    • 3.4.2.2 Supply chain restructuring
    • 3.4.2.3 Production cost implications
  • 3.4.3 Key companies impacted
  • 3.4.4 Strategic industry responses
    • 3.4.4.1 Supply chain reconfiguration
    • 3.4.4.2 Pricing and product strategies
  • 3.4.5 Outlook and future considerations
• 3.5 Technology & innovation landscape
• 3.6 Price trends
  • 3.6.1 Region
  • 3.6.2 Equipment
• 3.7 Cost breakdown analysis
• 3.8 Patent analysis
• 3.9 Key news & initiatives
• 3.10 Regulatory landscape
• 3.11 Impact forces
  • 3.11.1 Growth drivers
    • 3.11.1.1 Increased investment in infrastructure development
    • 3.11.1.2 Growth in construction activities
    • 3.11.1.3 Demand for heavy-duty and durable equipment
    • 3.11.1.4 Stringent emission regulations for off-highway vehicles
    • 3.11.1.5 Technological advancements in construction equipment
  • 3.11.2 Industry pitfalls & challenges
    • 3.11.2.1 Volatility in raw material prices
    • 3.11.2.2 Technological shift toward electric construction equipment
• 3.12 Growth potential analysis
• 3.13 Porter's analysis
• 3.14 PESTEL analysis

Chapter 4 Competitive Landscape, 2024

• 4.1 Introduction
• 4.2 Company market share analysis
• 4.3 Competitive positioning matrix
• 4.4 Strategic outlook matrix

Chapter 5 Market Estimates & Forecast, By Material, 2021 - 2034 ($Bn, Units)

• 5.1 Key trends
• 5.2 Iron alloys
• 5.3 Steel
• 5.4 Nickel-based alloys
• 5.5 Cobalt-based alloys
• 5.6 Other

Chapter 6 Market Estimates & Forecast, By Equipment, 2021 - 2034 ($Bn, Units)

• 6.1 Key trends
• 6.2 Excavators
• 6.3 Loaders
• 6.4 Bulldozers
• 6.5 Cranes
• 6.6 Backhoes
• 6.7 Graders
• 6.8 Others

Chapter 7 Market Estimates & Forecast, By Engine, 2021 - 2034 ($Bn, Units)

• 7.1 Key trends
• 7.2 Gasoline engines
• 7.3 Diesel engines
• 7.4 Gas engines (Natural Gas, CNG, LPG)
• 7.5 Hybrid engines
• 7.6 Others

Chapter 8 Market Estimates & Forecast, By Sales Channel, 2021 - 2034 ($Bn, Units)

• 8.1 Key trends
• 8.2 Original Equipment Manufacturers (OEM)
• 8.3 Aftermarket

Chapter 9 Market Estimates & Forecast, By Region, 2021 - 2034 ($Bn, Units)

• 9.1 Key trends
• 9.2 North America
  • 9.2.1 U.S.
  • 9.2.2 Canada
• 9.3 Europe
  • 9.3.1 UK
  • 9.3.2 Germany
  • 9.3.3 France
  • 9.3.4 Italy
  • 9.3.5 Spain
  • 9.3.6 Russia
  • 9.3.7 Nordics
• 9.4 Asia Pacific
  • 9.4.1 China
  • 9.4.2 India
  • 9.4.3 Japan
  • 9.4.4 South Korea
  • 9.4.5 ANZ
  • 9.4.6 Southeast Asia
• 9.5 Latin America
  • 9.5.1 Brazil
  • 9.5.2 Mexico
  • 9.5.3 Argentina
• 9.6 MEA
  • 9.6.1 UAE
  • 9.6.2 Saudi Arabia
  • 9.6.3 South Africa

Chapter 10 Company Profiles

• 10.1 AVR Valves
• 10.2 BorgWarner
• 10.3 Dura-Bond Bearing Company
• 10.4 Eaton Corporation
• 10.5 Forvia SE (Faurecia)
• 10.6 GKN Automotive
• 10.7 Goodson Tools & Supplies
• 10.8 James Walker
• 10.9 L.E. Jones
• 10.10 MAHLE
• 10.11 Mitsubishi Materials Corporation
• 10.12 Nippon Piston Ring
• 10.13 Precision Camshafts
• 10.14 QualCast
• 10.15 SMB Engine Valves
• 10.16 SSV Valves
• 10.17 Tenneco
• 10.18 TPR
• 10.19 Tucker Valve Seat
• 10.20 Winsert