Hardware pump valve development resistance

As the raw material of the pump and valve industry, steel is increasingly in need of transformation as environmental pressures gradually increase. The steel industry will face the danger of reducing production. The reduction in production will lead to an increase in steel prices in the short term, leading to an increase in the cost of the pump and valve industry, resulting in short-term price fluctuations in the pump and valve industry. In recent years, China's pump and valve industry has developed rapidly, not only the level of production of pump valves. It has greatly improved and its production has also increased substantially. However, what is more embarrassing is that small and medium-sized and private pump and valve companies have a relatively large growth rate in this process, and their proportion is relatively large. However, there are few large-scale pump and valve companies, and the domestic brand of pump and valve industry is not strong and the market competitiveness is poor. From the perspective of the development status of the pump and valve industry, the pump valve industry itself is also facing the risk of eliminating backward production capacity; under the influence of the financial crisis, the steel market, construction and upstream and downstream industries have experienced a sharp contraction in the market, which depends on the development of these industries. The pump valve industry is undoubtedly a deadly blow. Although the financial crisis has caused a negative impact on China's pump and valve industry to a certain extent, it has also exposed the internal defects of the pump and valve industry. The survival of the fittest under the market economy system has greatly improved; China's pump and valve industry The domestic market is very broad, but the export market is slightly "slim", these are the resistance factors that affect the development of the hardware valve industry.

Enterprises concerned about "import substitution"

It is understood that in the domestic market of stainless steel stamping centrifugal pumps, foreign-funded enterprises account for about 50% of the share, while the market share of the southern pump is about 12%, ranking first in domestic-funded enterprises. Stainless steel stamping centrifugal pumps produced by some enterprises in our country have similar performance to foreign counterparts, but the selling price is only about 40% of foreign products. The market space brought about by import substitution has enabled the company to gain a contrarian growth.

In recent years, China's general machinery industry has made great progress, especially in the continuous improvement of product levels such as pumps and valves, and can provide some high-end products for the market. In 2011, the company's main business income from pump and valve manufacturing enterprises above designated size reached 435.9 billion yuan, a year-on-year increase of 28.41%; total profit reached 49.896 billion yuan, an increase of 28.71% over the same period of last year. In general, however, the industrial concentration of China's pump and valve market is relatively low, and the production of medium and low-end products is the mainstay. In terms of owning core technologies, there is still a certain gap between domestic enterprises and developed countries in the world. According to statistics, in 2010, China's apparent consumption of valves was about 12 billion U.S. dollars, of which imports were about 2.3 billion U.S. dollars. This shows that there is still a lot of room for import substitution.

Domestic pump and valve companies have spotted the potential for import substitution. In recent years, they have researched and developed medium and high-end products and have made continuous progress.