Valve Manufacturing Industry Develops In Valve Market

Lined Valve Industry plays a very important role in the development of the national economy as an important link in the preparation of manufacturing industry. With the strong development of my country's real economy and traditional manufacturing industry, valves and related products, as indispensable basic parts in the manufacturing production chain, have also made great progress. Various valve manufacturers have sprung up in the market, injecting infinite vitality into China's manufacturing industry, and their contribution to the national economy is obvious to all. At present, my country's valve manufacturing industry can provide users with about twelve categories, more than 3,000 models and more than 4,000 specifications of products. Its performance parameters range from vacuum valves to 600Mpa ultra-high pressure valves, and temperatures range from deep cold -196 degrees Celsius to high temperature 570 degrees Celsius. Its main products can basically meet the needs of the domestic market, and the set rate, set level and set capacity of the valve market have been greatly improved. Domestic valves have a certain foundation for revitalization. Broad prospects for the industry The state-owned economy continues to develop steadily. Fixed asset investment is gradually expanding. In particular, the construction of several century-old projects such as "West-to-East Gas Transmission", "West-to-East Power Transmission", and "South-to-North Water Diversion" requires a large number of valve products; in addition, my country is facing the arrival of the industrialization era, and major valve users such as the petrochemical industry, power sector, metallurgical sector, chemical industry, and urban construction will increase the demand for valve products. For example, the total valve demand required for large and medium-sized coal-fired power units in the power industry during the "Eleventh Five-Year Plan" is predicted to be: a total demand for valves of 153,000 tons, an average annual demand of 30,600 tons; a total demand for valves of 3.96 billion yuan, an average annual demand of 792 million yuan. As the country's policy of accelerating the revitalization of the equipment manufacturing industry is gradually promoted, the development of general basic manufacturing industry will be further supported. The market prospects of my country's valve industry in the future are very broad.
Coexistence of market competition and localization is imperative
Although the "cake" of my country's valve market is large, the market competition is also very fierce. For some competitive large enterprises, through competition, the scale of enterprises has become larger and larger, and their popularity has become higher and higher. But for some small and medium-sized enterprises that are not competitive, they may face the risk of being merged or closed down. In the increasingly fierce valve market, only companies with core competitiveness can gain a foothold in the market, and innovation has become a weapon for enterprises to win the market. In addition, there is still a certain gap between the level of my country's domestic valve manufacturing industry and the international advanced level. Many key valves with high parameters, high temperature and high pressure, and high pound level have always relied on imports. Localization has formed a consensus in the domestic valve industry. In order to promote the localization of valves, after the State Council issued the "Several Opinions on Accelerating the Revitalization of Equipment Manufacturing Industry", relevant state departments have made a series of major deployments in accordance with the requirements of the state for the localization of major equipment. Led by the National Development and Reform Commission, the China Machinery Industry Federation and the China General Machinery Industry Association have deployed and formulated a valve localization plan for major equipment in related fields, and coordinated with relevant departments many times. With the encouragement and support of national policies, Shanghai, Fujian, and Zhejiang are making great efforts to promote the transformation and upgrading of the valve manufacturing industry. The investment prospects of China's valve industry are very broad. The trend of import substitution in the valve industry in the future is obvious. Judging from past industry experience, the low-end field of China's valve industry has basically achieved localization. Domestic enterprises in the mid-to-high-end field are gradually replacing imports with comparative advantages in cost, channels and services, and are expected to go abroad to join the competition in the international market. In terms of specific investment targets, the valve industry should focus on safety margins and some emerging high-end manufacturing fields with high growth potential. Only enterprises with differentiated competitive advantages in cost, technology, sales channels and services can occupy an advantageous position in the future fierce market competition. Therefore, the domestic valve industry should actively respond and enhance its ability to respond to international trade risks. While expanding exports, it should not relax the development of the domestic market. Enterprises can upgrade their industries and move towards the field of mid-to-high-end valve products, or consider emerging sub-fields with large valve demand such as floor heating manifolds, enhance engineering supporting capabilities, and increase the added value of valve products. Valve companies should strengthen technological innovation, shift from quantity and scale expansion to more emphasis on pursuing quality and efficiency, actively explore the domestic market, and promote the healthy development of China's valve industry.