With the rapid development of China's industry, the valve industry in China has also ushered in new development opportunities. However, due to factors such as the global financial crisis, the development of China's pump and valve industry has still been affected. In such an environment, China's pump and valve enterprises need to eliminate outdated production capacity, enhance market competitiveness, and expand development space. Find a suitable way to survive and face the upcoming development challenges.
Industry analysts from Shangpu Consulting pointed out that for any industry, survival of the fittest is the basic development law. The better the enterprise grows, the worse it will be eliminated. At present, the development of the pump valve market is somewhat chaotic, and of course, competition is becoming increasingly fierce. In this market withdrawal, the development of large enterprises will be much better, while small enterprises may be more difficult, and gradually will be eliminated. So in order to gain a foothold in the valve industry, it is necessary to understand the survival path and become stronger and stronger.
Firstly, it should be recognized that the future market prospects of China's valve industry are very broad. On the one hand, it is supported by national policies. With the gradual promotion of the national policy of revitalizing the equipment manufacturing industry, the development of the general basic manufacturing industry will receive further key support. On the other hand, there is strong demand in the valve product market. The state-owned economy continues to develop steadily. Fixed assets investment gradually expanded. In addition, with the accession to the WTO, the threshold of international trade has been lowered, and developed countries have adjusted their product structure. China is gradually becoming a processing plant, and the processing and manufacturing of valve products face greater development space. Therefore, as long as enterprises can seize opportunities, strengthen research and development capabilities, continuously improve product technology content and product quality, they will be able to occupy an active position in the vast market competition.
Secondly, it should be recognized that valves are products with low profit margins, and market competition is very fierce. The distribution of the valve market is mainly based on the construction of engineering projects. The users of valves are the petrochemical industry, power sector, metallurgical sector, chemical industry, and urban construction sector. It is understood that there are currently over 2000 valve enterprises with a certain scale in the market, most of which are distributed in the Jiangsu Zhejiang and Central Plains regions. Due to the relatively low requirements for product technology content, competition is more intense.
In addition, it should also be understood that China's valve products are facing good development opportunities. Urban construction systems generally use a large number of low-pressure valves and are developing towards environmentally friendly and energy-saving types, gradually shifting from low-pressure iron gate valves used in the past to environmentally friendly rubber plate valves, balance valves, metal sealed butterfly valves, and centerline sealed butterfly valves. The development of oil and gas transportation projects towards pipeline oriented development requires a large number of flat gate valves and ball valves. The other side of energy development is energy conservation, so from the perspective of energy conservation, it is necessary to develop steam traps and move towards high parameters in subcritical and supercritical environments.
Shang Pu Consulting mentioned in the "2013-2017 China Pump, Valve, Compressor and Market Analysis and Investment Value Research Report" that the valve market prices in China are relatively stable, although there is a slight increase or decrease every year, the amplitude is very small. Now China has also welcomed the development opportunity of valves, but whether we can seize this opportunity depends on the ability of the enterprise. If enterprises want to develop and grow, they should strive to reduce production costs and focus on improving product performance and efficiency; Developing high-end high-tech products or producing non-standard products in small batches; Passed international quality certification for valve products; Valve products should be developed towards environmental protection and energy conservation.
