Valve products international demand decline, improve competitiveness is a top priority

Valve products international demand decline, improve competitiveness is a top priority

Valve is an important part of a large complete set of equipment, mainly used for pipeline medium (material, water, steam, air and oil, etc.) cut off, throttling, regulating pressure and changing the flow direction.
Valve varieties and specifications, wide use, large consumption, can be divided into industrial valves and civil valves. Industrial valves are mainly used to adjust medium flow, pressure, temperature, liquid level and other process parameters in the field of industrial automation process control.
In the global industrial valve market, the oil and gas sector, including drilling and production, transportation and petrochemicals, accounts for a higher proportion of the demand, followed by the energy and power and chemical sectors. In the application field of domestic industrial valves, chemical, energy, power and oil and gas industries are also the main market for valve sales.
In the next few years, along with the rapid development of our economy and the improvement of industrial automation degree, the transformation and upgrading of our equipment manufacturing industry, as well as the national investment in oil and gas, petrochemical, environmental protection, electricity, metallurgy and other fields continue to grow, the market size of our industrial valve will keep growing rapidly.
At present, Chinese valve production backbone enterprises have been able to design and manufacture all kinds of valves according to ISO international standards, DIN German standards, AWWA American standards and other international standards, some manufacturers of products have reached the international advanced level, the overall level of the valve industry has been greatly improved, and some products also go to overseas markets.
But compared with foreign products, our country’s valve industry market competition is fierce, the market enterprises are small scale, medium-sized and small enterprises account for more than 90%, most enterprises lag behind the technology level, mainly focused on the low-end market. This leads to the lack of competitiveness of Chinese valve products in the international market and the lack of product research and development.
In the past two years, it has been affected by international trade friction, international demand of Chinese valve products has slipped, international trade has faced certain challenges. According to customs data, the export value of Chinese valve industry fluctuated and increased from 2017 to 2019. In 2018, it was $16.624 billion, with a year-on-year growth of 13.5%. In 2019, the total export volume of China’s valve industry fell to $16.231 billion, down 0.02% year on year.
In this context, Chinese valve enterprises should improve product technology and quality, increase product research and development technology, and catch up with international level as soon as possible to improve international competitiveness.
Relevant experts pointed out that qualified enterprises should speed up industrial upgrading and step forward to the field of medium valve products, such as oil, nuclear power and other national key development areas. The market potential of domestic replacement of imported valves cannot be ignored.
At present, Chinese economic situation and various kinds of policies continue to benefit, providing extremely favorable development factors for Chinese valve industry. Although our country valve compared with foreign countries there is a certain gap, but the key thing for the valve enterprise of our country is to further improve the product quality and technical content, only the solid foundation for the unremitting exploration and innovation, our country valve brand can become famous overseas, and gain more market.