Pump tube valve market with new opportunities

During the "Twelfth Five-Year Plan" period, the important development areas of China's petrochemical industry are the Yangtze River Delta, the Pearl River Delta, and the Bohai Rim. By 2020, China's annual oil demand will reach 560-600 million tons. China's eastern and coastal regions have become the fastest-growing regional market for the pump valve industry driven by huge oil demand. As China's investment in related areas such as environmental protection water treatment, coal chemical industry, and urban infrastructure is further increased, the pump and valve industry will again benefit. According to analysis by industry experts, in the next few years, the demand for pump and valve pipelines in the domestic market will increase year by year, and will continue to increase by more than 10%.

In recent years, due to the continuous deepening of domestic favorable investment environment and infrastructure construction policies, the pump and valve industry in China will attract new opportunities for continuous growth. China's general machinery industry has made considerable progress, especially in the continuous improvement of product levels such as pumps and valves, and can provide some high-end products for the market. In 2011, the company's main business income from pump and valve manufacturing enterprises above designated size reached 435.9 billion yuan, a year-on-year increase of 28.41%; total profit reached 49.896 billion yuan, an increase of 28.71% over the same period of last year. In the next few years, the demand for pump and valve pipelines in the domestic market will continue to increase by more than 10%, showing an increasing trend year by year. Domestic pump and valve companies have spotted the potential for import substitution. In recent years, they have researched and developed medium and high-end products and have made continuous progress.

The industry is developing and competition is intensifying. The technology leader can produce high-quality product technology and technology, which is an important indicator to measure whether a company is advanced, whether it has market competitiveness, and whether it can keep ahead of competitors. With the rapid development of the pump tube valve market in China, the application and research and development of the core production technology will become the focus of attention in the industry. It is understood that at present, there are about 3,000 valve manufacturing companies in China, the number of which ranks first in the world. However, these are mostly low-level, small-scale, family-run enterprises with less than 500 annual sales revenue of 5 million yuan, and only a dozen companies with annual sales revenue of over 100 million yuan, with the top 10 market share. The combined market share of companies is only 8% to 9%.

Of course, for those companies that are competitive, the competition undoubtedly brings them greater scale and higher visibility. For those SMEs that are not competitive, the competition brings more possibilities for mergers and closures. Valve companies only have to constantly strengthen their own products, strengthen their sense of crisis, and strengthen their corporate culture and market service concepts. Only by achieving stability, seeking fast, seeking refinement, and seeking stability, can companies become increasingly competitive in the pump valve. In the tide of the industry, we strive for survival and development.