Valve development trend
According to the needs of China's national economic development, the number of large-scale engineering projects supporting the high parameters required to increase the number of valves, which requires a greater level of complete sets of valves and the ability to improve.
Valve new product development is moving towards thermal power, nuclear power, hydropower, large-scale petrochemicals, oil and gas gathering pipelines, coal liquefaction, metallurgy and other major projects supporting the development of the valve direction. At the same time, the development of special valves and oversized diameter valves, supporting onshore oil and offshore oil mining equipment and metallurgy, large ethylene, high-pressure polyethylene and other major projects. Development of new materials for urban construction valves and a variety of environmentally friendly valves.
In addition, valve repair services and replacement will become a new growth point for enterprise product sales. Valve system integration trend will become more and more obvious.
Due to the disordered competition in the valve industry, often manifested in vicious price competition. At present, China's general valve products market price for a long time running at a low level. Coupled with the impact of the financial turmoil, many general projects at home and abroad have been reduced, suspended or canceled, the market demand for conventional valves has fallen sharply, resulting in more intense and deteriorating market competition, especially in terms of price competition, resulting in the industry to operate at a small profit.
With the intensification of competition among enterprises, users are becoming more and more familiar with the valve industry, procurement activities are becoming more and more standardized, pressure vessels (including high-pressure valves) manufacturing process control gradually by the state for scientific management. As a result, the conditions of poor small businesses increasingly lack of growth and survival space. The industry shows specialization, scale of the competition model, the valve industry, the second asset reorganization and mergers and acquisitions era is coming.
With the continuous improvement of industrial equipment conditions and technical level, China's valve products are also high-tech content, high parameters, corrosion resistance, long life direction. The overall level of the domestic valve industry will be greatly enhanced, the key valves will be gradually localized, a large number of valve exports will become inevitable.