The development prospects of China's valve industry are broad

Valves are essential fluid control equipment in various sectors of the national economy, including petroleum, chemical, power plants, long-distance pipelines, shipbuilding, nuclear industry, various low-temperature engineering, aerospace, and offshore oil extraction. The development and needs of industry have driven the development of the valve industry. In recent years, while meeting the new requirements for high parameters in various aspects, close attention has been paid to how to better improve performance, cost-effectiveness, and reduce costs in terms of valve structure, materials, and production processes. Valves are products that involve a wide range of categories, complex varieties, and large quantities. Their quality and technical level directly affect the development of various sectors of the national economy. Therefore, strict control of internal quality is required for valves. Some valves require recognition from international * * * institutions in order to open up sales channels. For example, some power engineering valves and nuclear power valves require ASME (American Society of Mechanical Engineers) approval marks in order to be purchased. ASME currently uses five markings, including "N", "Nv", and "NPT". Valves used in the petroleum industry must be marked with the American Petroleum Institute (API) in order to open up sales channels.

Although there are many restrictive factors in the development of valve products in China, the future market prospects of the valve industry in China are very broad. This mainly benefits from:

Strong demand in the valve product market. The state-owned economy continues to develop steadily. Fixed assets investment gradually expanded. Especially for several century long projects such as the "West East Gas Pipeline", "West East Power Transmission", and "South to North Water Diversion", the commencement of construction requires a large number of valve products to be matched; In addition, China is facing the arrival of the industrialization era, and major valve users in the petrochemical industry, power sector, metallurgical sector, chemical industry, and urban construction will increase their demand for valve products. For example, during the 11th Five Year Plan period, the total predicted demand for valves in large and medium-sized coal-fired power unit projects in the power industry is 15. 30000 tons, with an average annual demand of 3. 060000 tons; The total demand for valves is 39. 600 million yuan, with an average annual demand of 7. 9.2 billion yuan.

With the accession to the WTO, the threshold for international trade has been lowered, and developed countries have adjusted their product structure. China is gradually becoming the world's largest processing plant, and the processing and manufacturing of valve products face greater development space.

Therefore, as long as enterprises can seize opportunities, strengthen research and development capabilities, continuously improve product technology content and product quality, they will be able to occupy an active position in the vast market competition. Enterprises with technological innovation capabilities have a long-term competitive advantage. Being able to transform traditional industries with high-tech, accelerate the introduction, digestion, and absorption of advanced domestic and foreign technologies and equipment, improve the level of enterprise equipment, accelerate equipment updates and technological innovation, achieve optimization and upgrading of the valve industry and products themselves, and increase the added value of products. This type of valve enterprise will have a long-term competitive advantage.