With the economic globalization the import valve large in China's valve market (valves, pumps), and China's valve market mostly in addition to low pressure valve to a level acceptable to the international market, high pressure valve still need to rely on imports. Under continued good macroeconomic situation, the valve industry, most of the enterprises production and sales targets are maintained rapid growth, but affected by the price war, industry sales revenue and profits compared with last year dropped significantly over the same period. In our country for the development of urbanization and nuclear power valve products in the import and export of also increased, but because in the high-end technology (valves, pumps) with foreign manufacturers still exists compared gap is large, within a period of time in the future, high pressure ball valve, gate valve and high pressure cut-off valve technology will become a bottleneck that restricts the development of our valve products.
Valves are oil, chemical, power station, long distance pipeline, shipbuilding, nuclear industry, a variety of low temperature engineering, aerospace and marine oil production and other sectors of the national economy and the indispensable fluid control equipment. After many years of development, China's number of valves in the world, the first in a variety of sizes of the valve business several thousand, of which more than 10 million yuan annual output value of only a few hundred.
After decades of development in China valve products is now able to production about several major categories, such as gate valve, cut-off valve, ball valve, butterfly valve, safety valve, check valve, relief valve, diaphragm valve, drain valve, hydraulic control valves etc., the highest temperature reached 570 C, the lowest for - 196 DEG C, maximum pressure of 600 MPa, maximum pass size to 5 meters. Also according to the relevant departments of statistics, China valve market annual turnover amounted to about 500-600 billion yuan, which stainless steel valve usage has increased year by year especially stainless steel ball valve, stainless steel valve and stainless steel valve growth faster.
According to the relevant departments of China's valve market is about about 10000000000 yuan of the market was occupied by foreign high-pressure valve companies, mainly some of the high temperature and high pressure and the key nuclear power equipment needs of the valve is still dependent on imports. In addition, China's valve industry in the industrial structure, the industrial chain of the valve industry, as well as the degree of specialization of the industry and foreign enterprises there is a big gap. But this issue does not affect the future of the future of China's valve industry broad prospects. This is mainly due to the support of national policy and the strong demand for the valve product market, especially the popularity of urbanization and the construction of nuclear power projects and other projects require a large number of valve products.
China is facing the arrival of the era of industrialization, petrochemical industry, power industry, metallurgy industry, chemical industry and urban construction and other large use of the valve will enhance the demand for valve products. Also, China is becoming the world's largest valve processing and casting base, the processing of the valve products are facing greater room for development. Thus, as long as the valve companies can seize opportunities, continuous innovation and strengthen research and development capabilities, and continuously improve product technology content and product quality can in the fierce market competition, grab the initiative, come to the fore.