China’s pump and valve industry needs competition to catch up with the world

 In recent years, China's industrial development has been very rapid, bringing new opportunities for development in the pump and valve industry. However, due to factors such as the global financial crisis, the development of China's pump and valve industry has been affected. Under such circumstances, China's pump and valve enterprises need to eliminate backward production capacity, enhance market competitiveness, and expand development space.

   It is understood that today, with increasing environmental pressures, the highly polluting and energy-intensive steel industry needs to be transformed. However, to a certain extent, the elimination of backward production capacity will also reduce production due to the restriction of production capacity. Analysts believe that in the steel industry, production cuts will lead to an increase in steel prices in the short term, and as a result, the cost of the pump and valve industry will increase, leading to short-term price fluctuations in the pump and valve industry.

   As we all know, the development of the pump and valve industry is closely related to the development of real estate, construction, industry and engineering projects. In recent years, due to the good domestic investment environment and the deepening of infrastructure construction policies, China's pump and valve industry will attract new opportunities for continuous growth.

   Under the impact of the international financial crisis, the market has shrunk sharply. For steel, construction and its upstream and downstream industries, it is undoubtedly a "cold air", which is also a bad news for the pump and valve industry that relies on the development of these industries. However, the industry found that although the financial crisis has had a negative impact on China's pump and valve industry to a certain extent, it also exposed the internal defects of the industry and improved under the market economy system.

   From the perspective of the international environment, although the current value of pump and valve products exported from China is relatively low, China's pump and valve manufacturers only need to increase technology research and development to develop high-value products, then the export potential of this market is still very large. . Industry insiders pointed out that thanks to the financial crisis, China's pump and valve industry began to carry out the internal survival of the fittest due to the reduction of orders and rising raw material prices, and some of the backward production capacity was stripped from it, which enabled the industry to “lightly install” and win better development. space.

   There is a certain gap between China and foreign hydraulic gear pump valves in the same industry, but the gap is not terrible. Just turn the challenge into an opportunity and find your own position. For China's valve enterprises, the most important thing is to further improve product quality and technical content. Only by laying a solid foundation and unremittingly exploring and innovating, China's valve brand can be heard overseas.

   In recent years, China's pump and valve industry has developed rapidly, not only has the pumping valve production level been greatly improved, but its production has also increased significantly. However, what is more embarrassing is that small and medium-sized private and private pump and valve enterprises have a relatively high growth rate in this process, and their proportion is relatively large. However, there are fewer large-scale pump and valve enterprises, and the domestic pump and valve industry is not strong in brand and the market competitiveness is poor. From the development status of the pump and valve industry, the pump and valve industry itself is also facing the risk of eliminating backward production capacity.

   As long as we adjust our development ideas, enhance our confidence in development, strengthen corporate management, and advance technological advancement, in the near future, China's valve backbone enterprises will be able to catch up with and surpass foreign similar enterprises and contribute to the localization of major national technical equipment. The world valve market has a certain share of competition and has become a powerful country in the world valve manufacturing industry.

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Reprinted: China Pump Industry Network