Centrifugal Pump Market Analysis and Prospects in China

The continuous improvement of the production technology in the centrifugal pump industry and the continuous expansion of the downstream demand market, the centrifugal pump industry is very optimistic about the development situation in the domestic and international markets. China's centrifugal pump development in recent years is very good.

Experts predict that by 2020, China's centrifugal pump imports will reach a staggering 5 billion US dollars, exceeding the US's 4.9 billion US dollars to become the world's largest importer of centrifugal pumps. The three to six centrifugal pump imports will then be: Japan, India, Germany and France. The development of the chemical industry is also an important factor in the increase in imports of centrifugal pumps in China. The third reason is the development of energy. In 2013, China will have twice the capacity of the United States to produce electricity from coal, and its coal power generation capacity will also far exceed that of the EU. The energy industry will undoubtedly also allow China to import more centrifugal pump products.

The reason for this huge trend is precisely due to the municipal sewage treatment factors required for China's current rapid modernization of the city. In Asia, billions of immigrants have come to the cities from rural areas, which has forced their countries to build more sewage treatment plants, especially in China. The development of the chemical industry is also an important factor in the increase in imports of centrifugal pumps in China. The third reason is energy development. In 2007, China had the world's most advanced coal power generation technology. By 2013, China will have twice the capacity of the United States to produce electricity from coal, and its coal-fired power generation capacity will far exceed that of the EU. The energy industry will undoubtedly also allow China to import more centrifugal pump products.

In Asia, billions of immigrants have come to the cities from rural areas, which has forced their countries to build more sewage treatment plants, especially in China. The development of the chemical industry is also an important factor in the increase in imports of centrifugal pumps in China. The third reason is energy development. In 2007, China had the world's most advanced coal power generation technology. By 2011, China will have twice the capacity of the United States to produce electricity from coal, and its coal power generation capacity will far exceed that of the EU. The energy industry will undoubtedly enable China to import more centrifugal pumps.

In 2010, China's centrifugal pump industry is facing a new development situation. As the number of newly-entered enterprises continues to increase, the prices of upstream raw materials continue to rise, resulting in lower profits for the industry. As a result, the market competition in China's centrifugal pump industry is becoming increasingly fierce. Faced with this situation, companies in the centrifugal pump industry must actively respond to it, focus on cultivating innovation capabilities, continuously improve their own production technologies, and strengthen their competitive advantages. At the same time, enterprises in the centrifugal pump industry should fully grasp the market's operational status. Constantly learning the latest production technologies in the industry, understanding the direction of national policies and regulations in the industry, and grasping the development trends of competitors in the same industry. Only in this way can companies fully understand the development status of the industry and their position in the industry, and formulate the correct Develop strategies to enable companies to take the lead in cruel market competition.

It can be seen that under the stimulation of demand, the domestic centrifugal pump industry gradually has a certain technology and a huge professional marketing service network in the long-term development. Therefore, according to the current growth rate of agriculture and the hydropower industry, it is predicted that the growth of domestic centrifugal pumps in the 12th five-year period will continue to be maintained at more than 20%. At the same time, the encouragement of national policies has also promoted the development of the centrifugal pump industry to some extent. It can be seen that The prospects for centrifugal pumps in the coming years are very substantial.