Analysis of the market prospect of China's valve industry in the future
Category: Company News
Time:2023-02-20
In recent years, China's industrial development is very rapid, which has brought new development opportunities for our pump valve industry. However, due to the global financial crisis and other factors, the development of China's pump valve industry has been affected somewhat. In such an environment, China's pump and valve enterprises need to eliminate backward production capacity, enhance market competitiveness, and expand development space.
From the perspective of theinternational environment, although the added value of pump valve products exported by China is low, as long as China's pump and valve manufacturers increase their technological research and development efforts and develop high-output products, then the export potential of this market is still great.
During the Twelfth Five-Year Plan period, the development direction of the pumpvalve industry is positioned: high-end, complete set, headquarters economy and internationalization strategy, and it is proposed that by the end of the Twelfth Five-Year Plan, high-end products account for more than 40% of the total output value of pump valves, and the output value of complete sets of enterprises accounts for 20% of the total output value of pump valves.
Although the prospects of the domestic pump valve industry are optimistic, there are also some unfavorable factors.
First, steel, as a raw material for the pump and valve industry, needs to be transformed in today's increasingly increasing environmental pressure. The steel industry will face the danger of reducing production, which will lead to an increase in steel prices in the short term, resulting in higher costs in the pump and valve industry, resulting in short-term price fluctuations in the pump and valve industry. Therefore, the pump valve industry will also be greatly affected.
Second: in recent years, China's pump valve industry has developed rapidly, not only the production level of pump valves has been greatly improved, but also its output has increased significantly. But what is more embarrassing is that small and medium-sized and private pump and valve enterprises have a relatively large growth rate in this process. There are fewer large-scale pump valve enterprises, and the domestic pump valve industry is not strong in branding, and the market competitiveness is poor. From the perspective of the development status of the pump valve industry, the pump valve industry itself is also facing the risk of eliminating backward production capacity.
Third, under the influence of the financial crisis, the market for steel, construction and its upstream and downstream industries has shrunk sharply, which is undoubtedly a fatal blow to the pump and valve industry that relies on the development of these industries. Although the financial crisis has had a negative impact on China's pump valve industry to a certain extent, it has also exposed the shortcomings within the pump valve industry, and the survival of the fittest under the market economy system has been greatly improved.
Fourth, thedomestic market of China's pump valve industry is very broad, while the export market is slightly thin.
During the Twelfth Five-Year Plan period, the pump and valve industry will help to implement a new industrialization development path and develop in the direction of a resource-saving and environment-friendly society. Thanks to the financial crisis, due to the decrease in orders in China's pump valve industry and the rise in raw material prices, the survival of the fittest within the industry has begun, and some backward production capacity has been eliminated, so that the pump and valve industry can travel lightly and obtain better development space.
At present, the fundamentals of the pump valve industry have changed, therising cost of enterprises, the difficulty of recruitment, and the limited space carrying capacity of our county have tested the development and improvement of the pump valve industry. In terms of talent construction, the plan puts forward the policy of high-end introduction, low-end cultivation, building platforms, and retaining people. During the 12th Five-Year Plan period, it is planned to build a pump and valve professional technical college with 2,000 students and an annual transportation capacity of more than 600 to train front-line technical personnel; Accelerate the construction of pump valve talent apartments and solve the housing problems of 500 senior talents in the industry; Accelerate the construction of small-sized low-rent housing, solve the housing problem of 5,000 front-line workers, and so on.
In terms of brand building, the plan points out that during the 12th Five-Year Plan period, 1 pump valve enterprise will enter the top three in the national industry, and 2 valve companies will enter the top ten in the country; Strive to formulate 20 industry standards and 5 national standards for new products that pass pump valves; Strive to create 2-3 national valve brand products, 3 national export valve brand and so on. According to the editor of Jiuzheng Building Materials Network, in terms of policy support, the plan points out that it is hoped that government departments will introduce corresponding industrial development support policies, and increase investment in science and technology, technological transformation, foreign trade exports, brand building, public infrastructure construction and other aspects.
News source: China Business Intelligence Network
Keywords: Analysis of the market prospect of China's valve industry in the future

