China's valve demand grows rapidly

Industry sources said that the next few years will be the high-speed oscillation period of the valve industry. The immediate consequence of this high-speed shock is the expansion of the polarization trend in the current cabinet brand camp. It is expected that valve companies that can really survive in the market in the next few years will definitely not have so much. However, this high-speed oscillation in the valve industry will bring huge opportunities. The result of the shock will make the market operation more rational.

The global valve market is mainly concentrated in countries and regions with more developed economies and industries. According to McIlvaine's survey and forecast data, the world's most important 10 single-valve consumer countries in 2014 were China, the United States, Japan, Russia, India, Germany, Brazil, Saudi Arabia, South Korea and the United Kingdom. Among them, the top three China, the United States and Japan's industrial valve market size were 8.847 billion US dollars, 8.815 billion U.S. dollars and 2.668 billion U.S. dollars. From the perspective of the regional market, East Asia, North America, and Western Europe are currently the world's largest regional valve market. In recent years, the demand for valves in developing countries and the Middle East, represented by China, has grown rapidly, and they have begun to replace the EU and North America as global valve industry growth. New engine.

By 2015, the industrial valve market scale for Brazil, Russia, India, and China ("BRIC") will reach 1.879 billion U.S. dollars, 2.767 billion U.S. dollars, 2.86 billion U.S. dollars, and 10.938 billion U.S. dollars, respectively, for a total of 18.345 billion U.S. dollars, compared with 2012. With an annual growth of 23.35%, the proportion of the total market scale to the global market will reach 30.45%. As a traditional crude oil exporter, the Middle East countries have also adopted new petroleum refining projects in recent years, extending to the downstream of the oil and gas industry, which has spawned a large number of valve product demand.

The rapid expansion of the valve market in developing countries is mainly due to the fact that the rapid economic growth of these countries has led to the development of downstream industries such as oil and gas, electricity, and chemical industries, and has stimulated the demand for related valves.

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