The outlook for the pump and valve industry is favorable!

Writer： admin Time：2024-06-27 16:50:23 Browse：70℃

In recent years, by the domestic good investment environment as well as the deepening of infrastructure policies, China's pump and valve industry will continue to grow the development of new opportunities.  The continuous self-innovation of enterprises, the achievement of technology, a variety of products dazzling, presenting a picture of thriving development prospects.  It is because of such technological achievements, so that the pump and valve industry can be a long-term positive trend.  But more embarrassing is that small and medium-sized and private pump and valve enterprises in the process of growth is more, accounting for a larger proportion.  And fewer large pump and valve enterprises, the domestic pump and valve industry brand is not strong, market competitiveness is poor.

Industry analysis pointed out that China's pump valve market industry concentration is low, to produce low-end products. In terms of having core technology, domestic enterprises and the world's developed countries compared to a certain gap. According to statistics, in 2010, China's apparent consumption of valves is about 12 billion U.S. dollars, of which imports of about 2.3 billion U.S. dollars. This shows that there is still a lot of room for import substitution.