Clean Energy and Other 3 Factors Will Further Promote the Development of the Valve Industry

Though the global business is going through “the winter”, there are still some favorable factors affecting the development of the valve industry. In China, the favorable aspects are mainly summed up in the following areas:

National industrial policy to promote the development of the valve industry
Chinese "The 11th Five-Year” Outline of the Plan clear point out that we should vigorously develop the equipment manufacturing industry, breakthroughs in core technologies and improve the design of major technical equipment research and development, supporting the core components, the overall level of manufacturing and system integration. Equipment manufacturing industry restructuring and revitalization plan also proposed "basic manufacturing level increased, the general parts basically meet domestic market demand, the key to automated monitoring and control components fill the gaps, special materials to achieve breakthroughs in key areas of planning objectives.

Multinational global procurement and industrial transfer of the valve industry

Procurement activities are the largest cost area in business activities, the quality and efficiency of purchasing largely determines the value and competitiveness of the final product. Global sourcing, companies can achieve procurement cost reduction to enhance the quality of products and suppliers to reduce overall costs while increasing customer satisfaction to gain a global competitive advantage. Today, global sourcing has become an important means of multinational companies to take full advantage of global resources, reduce production costs, enhance core competitiveness, and maximize profits which is an important part of the multinational's global development strategy.

 In recent years, with the industrial upgrading of United States and the European Union and other countries and regions, industrial transfer of the global valve industry trends become apparent. China as a big manufacturing country and emerging market countries, the development of the manufacturing sector has a very high cost advantage which has developed into one of the most important production base in the global valve industry.

Moreover, the technical strength of the domestic valve business is rising, and basically been able to adapt to the requirements of the technical parameters of the global multi-level valve applications. Therefore, more and more multinationals list China as one of the most important countries of global procurement of valve products that creates a lot of business opportunities for domestic strength valve enterprise.

 Clean Energy Has Been Further Development

Under the background of the current global responded to climate change, the development of low-carbon economy has gradually become the consensus of the global economy. Clean energy will be an increasingly important area of ​​the valve industry and applied in butterfly valve, control valve and ball valve. At present, the major global economic bodies and industrialized countries to promote greenhouse gas emissions, develop clean energy to reduce fossil energy consumption through a variety of ways. Nuclear power and natural gas as a worldwide recognized form of clean energy, their future will be in a wider range of applications, and has broad prospects for development. Can be expected that the valves in the field of clean energy will also achieve rapid growth, the valve needs of clean energy will become the new engine of the valve market.

Production processes and material technology continues to mature

After years of development and accumulation, in addition to some special areas, gap between domestic manufacturers and foreign manufacturers in the production process is ever-shrinking. Moreover, with the improvement of the overall technological level of domestic manufacturing, the domestic valve industry in the production of machine tools, production materials and other fields has also achieved a certain amount of technical support. Not only the domestic valve industry has improved in product quality, product variety, the corresponding, but also reduces the cost of the internal valve, contributing to the improvement core competitiveness of the domestic valve enterprises.