China develops high-end valves and gradually penetrates the international market

According to statistics, from January to March 2017, the export volume of China's check valves, expansion valves and other valves all increased, and the export volume of expansion valves reached 3.19 million (sets/kg), an increase of 45 percent over the same period of the previous year. %, China's valve industry is expanding rapidly.


With the continuous increase of the global population and the ever-increasing energy demand, the development of industries such as petrochemicals, metallurgy, and electricity has been driven, which has led to a large number of demand for valve products. As a developing country, China's rapidly growing economic aggregate has greatly promoted the development of downstream industries such as oil, natural gas, electricity, and chemical industries, and has gradually become a new engine for the development of the valve industry.
At the same time, China's valve import volume and import amount showed a significant downward trend. In January 2017, the average price of China's valve imports was US$6.17 per unit, and the price dropped by 16.9% year-on-year. In 2016, China’s valve import amount decreased by 5% year-on-year.
At present, China's valve industry is in a very favorable period of development. Then how should companies grasp opportunities to strengthen their international competitiveness?
First of all, in the field of low-end industrial valves and civilian valves, the technical level of domestic products can fully meet market demand. The demand for valve products for this market is relatively large. However, due to low technical content and low barriers to entry, the market is flooded with a large number of manufacturers with low levels of specialization, small scale, and family workshops. These companies are playing a "price war" in the fierce market competition, which makes the market appear to have a rapid rise in revenue, but the earnings growth is not fast awkward situation. Therefore, in the field of low-end valves, enterprises should focus on product quality, attach importance to brand building, and analyze the market in a strategic and long-term perspective so that they can be more competitive in the international market.

Secondly, in the mid-end industrial valve market, the demand for products is still large, and at the same time, the technology content is also high. Therefore, many companies that can enter the international competition are large-scale enterprises, and they are relatively mature in production technology and production technology. Established a stable cooperative relationship with many international customers. Enterprises should increase their technological innovation capabilities, strengthen cooperation, and absorb and learn advanced foreign technology and management experience while focusing on quality, so as to expand their advantages and gain a firm foothold in the international market.
Finally, in the high-end valve market, because of the high technical requirements and the harsh environment of use, most of them are special material valves. Therefore, the market is dominated by monopolistic competition, mainly by internationally renowned companies in the United States, Europe, and Japan. Leading, the share of Chinese enterprises in the occupation is very low. However, with the advancement of science and technology in China, the level of valve technology and materials technology are constantly improving. Some domestic companies are investing a lot of money to focus on research and development of high-end valve products and gradually penetrate into the international market.
In general, China's valve industry is steadily increasing. Correspondingly, North America and the European Union as the traditional market for valve products, while still occupying a large market share in the global valve market, will tend to slow down in terms of growth rate. According to the analysis report, the export growth rate of China’s leading products for valves will average around 25% in the next three years. Enterprises should seize this historic opportunity to achieve leapfrog development and help push China's valve manufacturing industry from being a manufacturing country to a manufacturing powerhouse!