Market size approaching 70 billion US dollars! Can we seize business opportunities?

Valves occupy a large proportion in mechanical products, especially in the pharmaceutical, electric power, petrochemical, metallurgical and other fields, valves play a key role.

Statistics show that in 2017, the global valve market is estimated to be US $52923.54 million. By 2025, the global valve market is expected to reach US $69982.43 million, with an average annual compound growth rate of 3.55%.

In addition, it is predicted that China's valve production will reach 8.3 million tons in 2019 and 9.35 million tons in 2023. In this regard, the industry believes that valve enterprises will usher in greater and more business opportunities.

The author learned that in the pharmaceutical industry, the valve can be used to control and regulate the flow of the medium, the medium can be liquid, gas or powder. Due to the particularity of the pharmaceutical industry, pharmaceutical enterprises have high requirements for valves.

For example, in the pharmaceutical clean room, the valve needs to pass through the corrosive medium, so there should be no particle deposition and high chemical resistance. For high sensitive process, such as biotechnology industry, pharmaceutical water purification, valve requirements are more stringent. In this case, enterprises usually use stainless steel valves.

At the same time, "in order to ensure the stability and reliability of quality, the components of liquid medicine equipment also have corresponding quality requirements." Valve technicians, such as diaphragm valve, all kinds of diaphragm valves are designed with the development of time. Cleanliness and sterility are important requirements. Therefore, the sealing system of diaphragm valve will directly affect the purity of the product.

Based on the high requirements of the pharmaceutical industry for valves, the increase of market demand and the improvement of valve technology level, China's valve industry has made great progress. At present, the number of China's valve enterprises is in the forefront of the world, the valve production level has also been greatly improved, and the valve revenue has achieved substantial growth.

Industry analysis: "the global valve market is good, and the main products of China's valves have been able to basically meet the needs of the domestic market, and the complete set rate, complete set level and complete set capacity of the valve market have been greatly improved." However, China's valve industry is still dominated by small and medium-sized enterprises, and there are still great challenges in the development of the industry.

Specifically, the overall market concentration of valve industry is low. From a global perspective, many large international valve enterprises have entered the capital market and experienced the process of using the capital market to promote and realize industry integration. However, the overall scale of domestic valve enterprises is relatively small and lack of long-term financial support, which makes it difficult to achieve industry integration.

In addition, many valve enterprises in China are still in the low-end market. Industry insiders said that at present, more than 90% of domestic valve export enterprises belong to parts manufacturers or OEM manufacturers, and many of them are in the field of low-end industrial valves and civil valves. Low technology content and high entry threshold are still problems that need to be solved as soon as possible.

In order to grasp more business opportunities on the basis of good development background, domestic valve enterprises need to change the existing production relations and strengthen technological innovation. In addition, valve enterprises should clearly realize that low cost, low technology and low quality products will not only reduce the production quality of the whole production line, but also hinder the healthy development of the valve market.

Therefore, in order to change the current situation of the industry, Dagao valve can get a share in the global valve market of US $69982.43 million. We should continue to pursue innovation, learn and introduce more advanced technologies, provide users with professional technical consultation, product selection, design and manufacturing, installation and commissioning and other product services, and actively respond to market defects, Promote the development of China's valve industry.