In China's current valve market, in addition to low-pressure valves have reached the level acceptable in the international market, high-pressure valves still have to rely on imports. In the continuing favorable macroeconomic situation, most of the valve industry's production and sales indicators have maintained rapid growth. However, because of the price war, sales revenue and profits of the industry have dropped significantly from last year. With the recovery of the world economy, the import and export of China's valve products has also increased, but the competition in the international valve market is also increasing. Because there is still a large gap between high-end technology and foreign large manufacturers, in the coming period, product technology will become a bottleneck restricting the development of China's valve products.
Valves are indispensable fluid control equipment for various departments of the national economy such as petroleum, chemical industry, power stations, long-distance pipelines, shipbuilding, nuclear industries, various cryogenics, aerospace, and marine oil extraction. After years of development, the number of China's valve companies ranks first in the world. There are about 6,000 valve companies of all sizes, of which 900 have an annual output value of more than 5 million yuan.
From the product point of view, China's valve industry has now been able to produce more than 10 major categories of products, such as gate valves, globe valves, ball valves, butterfly valves, safety valves, check valves, throttle valves, plug valves, pressure reducing valves, diaphragm valves, Traps, emergency shut-off valves, etc., the maximum operating temperature of 570 °C, the lowest -196 °C, the maximum pressure of 600Mpa, the maximum diameter of 5350 mm. In addition, according to relevant department statistics, China's valve market turnover of up to 50 billion yuan each year, of which more than 10 billion market was occupied by foreign valve companies.
Although the valve industry in China has undergone vigorous development after the reform and opening up, it has achieved notable results. However, at present, there are still some problems in China's valve industry. For example, currently China's valve companies mainly focus on low-level, small-scale, and family-oriented enterprises. In the product, due to repeated investment, technology investment, and insufficient introduction, the leading product of China's valve companies is still low-quality mass products. At present, various types of valves produced by enterprises in China have the disadvantages of external leakage, internal leakage, poor appearance quality, short life span, inflexible operation, and unreliable valve electric devices and pneumatic devices. Some products are only equivalent to the eighties of the previous century. The early international level. Some valves required for high temperature and high pressure and critical equipment are still dependent on imports. In addition, the industry structure of China's valve industry, the industry chain of valve industry, and the degree of specialization of the industry all have a large gap with foreign companies.
The reason for the low quality of domestic valve products is that due to the rapid expansion of the market, the original state-owned valve companies have been shut down and switched. The level of the mechanical industry was not high, and township and village enterprises (private enterprises) have developed rapidly. However, township and village enterprises have a low starting point, technical strength is very weak, equipment is simple, and most of the products are simulated production, especially low-pressure valves for water supply and drainage. The problem is serious.
Contrary to these problems, the future of China's valve industry market is very broad. This is mainly due to:
1. National policy support. As the country's policy of accelerating the revitalization of the equipment manufacturing industry is gradually advancing, the development of the general basic manufacturing industry will receive further support.
2. Strong demand for valve product market. The state-owned economy has continued to develop steadily. Investment in fixed assets has gradually expanded. In particular, the commencement of several projects of the “West-East Gas Transmission”, “West-to-East Power Transmission,” and “South-to-North Water Transfer” projects require a large number of valve products; in addition, China is facing the arrival of the industrialized era, the petrochemical industry, and the power sector. The use of large valve manufacturers in the metallurgy sector, chemical industry, and urban construction will increase the demand for valve products. For example, in the “Eleventh Five-Year Plan” period, the electric power industry predicts the total valve demand for large and medium-sized projects in coal-fired power plants: total valve demand is 153,000 tons, annual average demand is 30,600 tons, and total valve demand is 3.96 billion yuan. The average annual demand is 792 million yuan.
3. With the entry of WTO, the reduction of international trade threshold and the adjustment of product structure by developed countries, China is gradually becoming the largest processing factory in the world, and the processing and manufacturing of valve products face greater room for development.
Therefore, as long as the company can seize the opportunity to strengthen research and development capabilities, and continuously improve product technology content and product quality, will be able to take the initiative in the broad market competition.
1. Enterprises with technological innovation capabilities have long-term competitive advantages. We can use high technology to transform traditional industries, actively introduce, digest, and absorb advanced technologies and equipment at home and abroad, improve enterprise equipment levels, accelerate equipment upgrades and technological innovations, realize the optimization and upgrading of the valve industry and products, and increase the added value of products. This type of valve company will have a long-term competitive advantage.
2, the industry leading enterprises will get faster development. These leading enterprises have advantages not only in terms of scale, but also in technology and capital. As the market's quality requirements for valve products gradually increase, such enterprises will gain development opportunities in the fierce competition. For example, at present, China is vigorously developing the nuclear power industry, at the same time, the construction of the West-East Gas Pipeline, connecting oil pipelines in Central Asia and other construction projects, will be the leading enterprises of smart valves in China, such as Hongcheng shares, nuclear power valve leading enterprises such as nuclear Suzhou will take this Opportunities grow.

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