Valves account for a large proportion of mechanical products, especially in the fields of pharmaceutical, electric power, petrochemical, metallurgy, etc. Valves play a key role.
According to statistics, in 2017, the global valve market was valued at 52,923.54 million US dollars. By 2025, the global valve market is expected to reach 69,982.43 million US dollars, with an average annual compound growth rate of 3.55%.
Another forecast is that China's valve production will reach 8.3 million tons in 2019, and China's valve production will reach 9.35 million tons in 2023. In this regard, the industry believes that valve companies will usher in larger and more business opportunities.
The author understands that in the pharmaceutical industry, valves can be used to control and regulate the flow of a medium, which can be a liquid, a gas or a powder. Due to the particularity of the pharmaceutical industry, the requirements of the pharmaceutical companies for valves are actually very high.
For example, in a pharmaceutical clean room, the valve needs to pass through corrosive media, so there can be no particle deposition and high chemical resistance. For highly sensitive process processes, such as biotechnology industry, pharmaceutical water purification, etc., the valve requirements are more stringent. In this case, companies usually use stainless steel valves.
At the same time, “In order to ensure the stability and reliability of quality, the components of pharmaceutical water equipment also have corresponding quality requirements.†Valve technicians, such as diaphragm valves, all kinds of diaphragm valves are designed over time. from. Cleanliness and sterility are important requirements, so the sealing system of the diaphragm valve directly affects the purity of the product.
Based on the high requirements of the pharmaceutical industry for valves, the increase in market demand and the improvement of valve technology, China's valve industry has made great progress. At present, the number of valve enterprises in China is in the forefront of the world, and the production level of valves has also been greatly improved, and the valve revenue has achieved substantial growth.
Insiders analyzed: "The global valve market is improving, and the main products of China's valves have been able to basically meet the needs of the domestic market. The complete set rate, complete set level and complete set of capacity of the valve market have been greatly improved." However, China's valves The industry is still dominated by small and medium-sized enterprises, and there are still major challenges in the development of the industry.
Specifically, the overall market concentration of the valve industry is low. From a global perspective, many large international valve companies have entered the capital market and have experienced the process of using the capital market to promote and achieve industry integration. The overall size of domestic valve companies is small, and lack of long-term financial support, it is difficult to achieve industry integration.
In addition, there are still many valve companies in China still in the low-end market. According to industry insiders, at present, more than 90% of domestic valve export enterprises belong to parts manufacturers or OEMs. Many of them are in the field of low-end industrial valves and civil valves. The low technical content and high barriers to entry are still issues that the industry needs to solve as soon as possible.
In order to grasp the larger business opportunities on the basis of a good development background, domestic valve companies need to change the existing production relations and strengthen technological innovation. In addition, valve companies must clearly understand that low-cost, low-tech, low-quality products will not only reduce the production quality of the entire production line, but also hinder the healthy development of the valve market.
Therefore, in order to change the status quo of the industry, we can get a slice of the global valve market scale of 69,982.43 million US dollars. China's valve companies must continue to pursue innovation, learn and introduce more advanced technologies, and provide professional technical consultation for users. Product selection, product selection, design and manufacture, installation and commissioning, etc., actively respond to market defects and promote the development of China's valve industry.
According to statistics, in 2017, the global valve market was valued at 52,923.54 million US dollars. By 2025, the global valve market is expected to reach 69,982.43 million US dollars, with an average annual compound growth rate of 3.55%.
Another forecast is that China's valve production will reach 8.3 million tons in 2019, and China's valve production will reach 9.35 million tons in 2023. In this regard, the industry believes that valve companies will usher in larger and more business opportunities.
The author understands that in the pharmaceutical industry, valves can be used to control and regulate the flow of a medium, which can be a liquid, a gas or a powder. Due to the particularity of the pharmaceutical industry, the requirements of the pharmaceutical companies for valves are actually very high.
For example, in a pharmaceutical clean room, the valve needs to pass through corrosive media, so there can be no particle deposition and high chemical resistance. For highly sensitive process processes, such as biotechnology industry, pharmaceutical water purification, etc., the valve requirements are more stringent. In this case, companies usually use stainless steel valves.
At the same time, “In order to ensure the stability and reliability of quality, the components of pharmaceutical water equipment also have corresponding quality requirements.†Valve technicians, such as diaphragm valves, all kinds of diaphragm valves are designed over time. from. Cleanliness and sterility are important requirements, so the sealing system of the diaphragm valve directly affects the purity of the product.
Based on the high requirements of the pharmaceutical industry for valves, the increase in market demand and the improvement of valve technology, China's valve industry has made great progress. At present, the number of valve enterprises in China is in the forefront of the world, and the production level of valves has also been greatly improved, and the valve revenue has achieved substantial growth.
Insiders analyzed: "The global valve market is improving, and the main products of China's valves have been able to basically meet the needs of the domestic market. The complete set rate, complete set level and complete set of capacity of the valve market have been greatly improved." However, China's valves The industry is still dominated by small and medium-sized enterprises, and there are still major challenges in the development of the industry.
Specifically, the overall market concentration of the valve industry is low. From a global perspective, many large international valve companies have entered the capital market and have experienced the process of using the capital market to promote and achieve industry integration. The overall size of domestic valve companies is small, and lack of long-term financial support, it is difficult to achieve industry integration.
In addition, there are still many valve companies in China still in the low-end market. According to industry insiders, at present, more than 90% of domestic valve export enterprises belong to parts manufacturers or OEMs. Many of them are in the field of low-end industrial valves and civil valves. The low technical content and high barriers to entry are still issues that the industry needs to solve as soon as possible.
In order to grasp the larger business opportunities on the basis of a good development background, domestic valve companies need to change the existing production relations and strengthen technological innovation. In addition, valve companies must clearly understand that low-cost, low-tech, low-quality products will not only reduce the production quality of the entire production line, but also hinder the healthy development of the valve market.
Therefore, in order to change the status quo of the industry, we can get a slice of the global valve market scale of 69,982.43 million US dollars. China's valve companies must continue to pursue innovation, learn and introduce more advanced technologies, and provide professional technical consultation for users. Product selection, product selection, design and manufacture, installation and commissioning, etc., actively respond to market defects and promote the development of China's valve industry.
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