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Wednesday, October 10, 2012

China’s Valves Procurement was expected to surpass US By 10% in 2012


Although the world economy is in crisis, the valve market in Asia remains to grow, but it shows austerity in Europe and the United States. 

Large public-held valve company has a small market share in Asia. This has led some analysts to underestimate the total world market. The small valve company’s sales growth in Asia is more than or offset the reduction in sales of large international companies. Asian markets benefit a lot from China to implement the package plan, especially in the field of domestic water. The power industry in Asia is also influential. Global valve market which includes magnetic valve, fixed ball valves, gate valves, plug valves, and other types will reach $ 54 billion in 2012.

The "World Market" (World Markets) Published by McIlvaine Company claims that in 2012, China's valve market is larger than 10% of the U.S. market, which is four times that of the Japanese market. Buyers’ purchasing amount will amount to $ 2.4 billion. In 2012, the top three buyers in the top ten list, and the top six in the top twenty list will all from Asia.


Fixed ball valves usually are equipped with the activities of the valve seat ring, which can produce a displacement under the action of the pressure of the media, and the seal ring is pressed tightly on the sphere, so as to ensure the sealing performance of the valve. Another type of fixed ball valve suitable for high pressure and large diameter is the valve seals, which mean to pressure special grease between the two sealing surfaces to form a layer of film, which not only enhances sealing performance, but also reduces operating torque.


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