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China Pump Valve Market Will Exceed US in the Next Three Years

Source: Bofa Valve Company   Author: Bofa Valve Company   Posted: 2013-11-14 16:38:58   Hits: 2146
There is a very rapid development of China pump valve industry in recent years, which has brought a new development opportunity for the pump valve industry. However, the development of China pump valve industry still get influenced by the global financial crisis and other factors. Under such circumstances, China pump valve enterprises need to eliminate backward production capacity, enhance market competitiveness, and expand the room to develop.

Judging from the international environment, though pump valve products exported from China get a low value-added, provided that China pump valve manufacturing enterprises improve the technology research and development, develop high value products, there is still a great export potential of the market.

During the 12th five-year plan, the development of the pump valve industry is positioned as high-end oriented, integration and internationalization strategy,and put forward to achieve the development target that high-end products account for above 40% gross output of pump valves by the end of the 12th five-year plan.Although there is a rosy prospects for the domestic pump valve industry,it has also some unfavorable factors.

One:  Stees as raw materials of the pump valve industry need to be transformated in today when environmental pressure gradually increase. Iron and steel industry will be at risk of cutting back production,which will lead to a increase in steel price in a short time,cause cost of the pump valve industry to rise, and give rise to price fluctuation of pump valve industry in a short-term.Therefore, the pump valve industry will be influenced greatly.

Two: in recent years, China pump valve industry is developing rapidly, not only the level of valve production has greatly improved, but its yield  have the significant increment as well. But what is the more awkward is that small and medium-sized and private pump valve grow more in the process,representing relatively large proportion while there is a less large pump valve enterprises,and a poor market competitiveness in the domestic pump valve industry.Judging from the current development situation of pump valve industry, pump valve industry also face the risk of eliminating backward production capacity.

During the 12th Five-Year Plan, the pump valve industry contributes to the new industrialization path and developments toward a resource-conserving,environment-friendly society,which benefits from the financial crisis. Since there was a drop in orders from China pump valve industry and a rise in prices of raw materials,China pump valve industry got survival of the fittest under way;some backward production capacity was eliminated from the valve industry, which made the pump valve industry be able to go into battle with a light pack and won a better development space.