The development of the valve industry in China for several decades. During this period, the policy and the domestic economic situation improved, provide favorable conditions for the development of the valve industry, the rise of the space is very large. Expected in the next few years, the valve industry will have a larger upgrade.
At present, China’s petrochemical industry is moving toward large-scale, large-scale and international direction, the next 5 years will continue to maintain sustainable development. Dozens of sets of domestic tens of millions of tons of oil refining units and one million tons ethylene plant will be new and expansion, the demand for petrochemical valves opened up a broad market. In addition, the various types of pumps running domestic refineries have aging, need updating and transformation.
The next 5 years, the direction of the development of Sinopec valve is large, mechanical and electrical integration, as well as complete sets of products, standardization. Especially in high temperature and high pressure valves, cryogenic valves and ultra-low temperature valve, corrosion resistant stainless steel valves, conveying sticky medium and with solid stainless steel ball valve production technology will be rapid development, the demand will increase greatly.
China’s apparent consumption has reached the world’s highest level close to the world’s total consumption of 1/4, per capita consumption of stainless steel reached 3.4KG, jumped to the forefront of developing countries. Stainless steel valve has corrosion resistance, high strength, light, long service life and other outstanding features. In recent years, stainless steel valves are widely used in shipbuilding, rail vehicles and other transportation industries, with the development of the machinery manufacturing industry, stainless steel valves will have a broader application prospects. However, the growth rate of consumption is slowing down, from the consumption of an average annual growth rate of over 30% of the ultra high speed development stage, into the current growth rate of steady development of the stage of 6.43%.
Valve market prices relatively stable, although a slight rise and fall every year, but the magnitude is very small, the market outlook is still worth the. According to the National Bureau of statistics data show that in 2009, China’s valve manufacturing enterprises above more than 1 thousand and 700, the production of valves close to 4 million tons, industrial output value of 114 billion 700 million yuan, total profit of $6 billion 390 million. In the future, the valve industry will move toward the direction of the two main, one from a single species to multi species and multi standard development, the two is to move towards the direction of energy saving. In order to meet the needs of a complete set of manufacturing projects, an enterprise needs to manufacture the valve required for the project, which determines the trend of a valve manufacturer to provide all the more and more big