Industrial Valves are an important part of large-scale complete sets of equipment. They are mainly used for cutting off, throttling, regulating pressure and changing flow direction of pipeline media (materials, water, steam, air and oil, etc.).
Industrial Valves have many varieties and specifications, wide uses and large consumption. They can be divided into industrial valves and civil valves. Industrial valves are mainly used to adjust process parameters such as medium flow, pressure, temperature and liquid level in the field of industrial automation process control.
In the global industrial valve market demand, the oil and gas field, including drilling and production, transportation and petrochemical, accounts for the highest proportion, followed by the demand in the fields of energy, electricity and chemical industry. In the application fields of domestic industrial valves, the chemical industry, energy, power and oil and gas industries are also the main markets for valve sales. In the next few years, with the rapid development of China’s economy and the improvement of industrial automation, the transformation and upgrading of China’s equipment manufacturing industry, and the continuous growth of national investment in oil and gas, petrochemical, environmental protection, electric power, metallurgy and other fields, the scale of China’s industrial valve market will maintain rapid growth.
At present, China’s key valve production enterprises have been able to design and manufacture various valves in accordance with international standards such as ISO international standards, DIN German standards and AWWA American standards. The products of some manufacturers have reached the international advanced level, the overall level of the valve industry has been greatly improved, and some products have also gone to the overseas market. However, compared with foreign products, the market competition of China’s valve industry is fierce. At present, the scale of enterprises in the market is small, and small and medium-sized enterprises account for more than 90%. Most enterprises are backward in technology, mainly concentrated in the low-end market. This leads to the lack of competitiveness of China’s valve products in the international market and the lack of research and development of medium and high-end products.
In the past two years, affected by international trade frictions, the international demand of China’s valve products has declined, and the international trade has been challenged to some extent. According to the customs data, the export amount of China’s valve industry showed a fluctuating upward trend from 2017 to 2019, reaching US $16.624 billion in 2018, a year-on-year increase of 13.5%; In 2019, the total export volume of China’s valve industry fell to US $16.231 billion, a year-on-year decrease of 0.02%. In this context, China’s valve enterprises should improve product technology and quality, increase high-end product R & D technology, catch up with the international level as soon as possible and improve international competitiveness.
Relevant experts pointed out that qualified enterprises must accelerate industrial upgrading and move forward to the field of medium and high-end valve products, such as national key development fields such as oil and nuclear power. The market potential of domestic substitution of imported valves can not be ignored. At present, China’s economic situation and various policies are constantly favorable, which provides extremely favorable development factors for China’s valve industry. Although there is still a certain gap between China’s valves and foreign countries, the key for China’s valve enterprises is to further improve the product quality and technical content. Only by consolidating the foundation and unremitting exploration and innovation, can China’s valve brand be famous overseas and obtain more markets.