The future of the valve industry goes towards complete standardization

China's valve industry has progressed with the continuous development of petrochemical and other industries. In the past decade or so, domestic policies and economic conditions have improved, providing favorable conditions for the development of the valve industry, and the room for its rise is also very large. At present, the domestic petrochemical and other types of enterprise equipment faced with replacement cycles and large quantities of new construction facilities all have a great demand for the valve industry. It is expected that the valve industry will still have a major increase in the next few years.

Valve market demand is expanding

At present, China's petrochemical industry is moving in the direction of large-scale, large-scale and internationalization, and it will maintain sustainable development in the next five years. Tens of thousands of tons of oil refinery equipment and one million tons of ethylene equipment will be built and rebuilt in the country, opening up a vast market for petrochemical valves. In addition, various types of pumps currently in operation at various refineries in the country have become obsolete and are in urgent need of renewal and transformation.

In the next five years, Sinopec Valves will be the main demand, especially the production technology of high-temperature and high-pressure valves, cryogenic and ultra-low temperature valves, corrosion-resistant stainless steel valves, and the transmission of viscous medium and stainless steel ball valves with solid particles will develop rapidly and the demand will increase. Increased in magnitude.

China's apparent consumption has reached a quarter of the world's highest level and close to the global total consumption. The per capita consumption of stainless steel has reached 3.4KG, ranking the forefront of developing countries. Stainless steel valves have excellent characteristics such as corrosion resistance, high strength, light weight and long service life. In recent years, stainless steel valves have been widely used in shipbuilding, rail vehicles and other transportation industries. With the development of machinery manufacturing, stainless steel valves will have a broader application prospects. However, the growth rate of consumption has gradually slowed down, and the ultra-high-speed development stage with an average annual growth rate of over 30% has changed into a steady development stage with a current growth rate of 6.43%.

As far as prices are concerned, the prices of the valve market have been relatively stable in recent years. Although there are slight increases and decreases every year, the margins are very small and the market prospect is still promising. As far as scale is concerned, according to the statistical data provided by the National Bureau of Statistics in 2009, there are more than 1,700 enterprises in China's valve manufacturing industry and nearly 4 million tons of valves are produced.

Complete set, standardization is the development trend

With the advancement of social industry, the demand for valves and other products from petrochemical and other industries has also presented a trend of professionalism, standardization, large-scale, and complete sets. At the same time, energy-saving requirements have become higher and higher. Valves will also usher in new opportunities and transitions due to the integration of electromechanical valves. The market's demand for electromechanical valves is beginning to increase. The market still has room for potential development, but at the same time, the quality and requirements of the products will be higher. . Valve industry products enter an innovative period, not only the product category needs to be replaced, but also the internal management of enterprises also need to carry out deepening reforms according to industry standards. Although the development of the valve industry has been relatively stable for a long period of time, there are still unregulated competitions in the industry. For example, some operators have refurbished used valves and repainted them for a second time, which has caused serious safety hazards to the quality of the project and seriously disrupted the safety of the project. Valve market order.

However, we believe that with the gradual development of the market and the sound development of laws, the competitive environment facing the valve industry in the future will become more benign. Due to the industry’s more specialized product requirements and the increasing awareness of energy conservation in the entire society, the valve industry will develop in two directions. First, it will develop from a single species to multiple varieties and multiple specifications, and second, it will develop in the direction of energy conservation. Therefore, in the future, the valve industry will move toward the two major companies, which will determine the trend that all valve manufacturers will provide.