Valve is the basic component of the pipeline system and occupies a very important position in the machinery industry. It has a wide range of applications. It is a necessary part in the transmission engineering of fluid, liquid and gas. It is also an important mechanical part in nuclear power industry, petrochemical industry, water supply and heating, and civil fields. Global valve industry data in the past three years, the global valve output was 19.5-20 billion sets, and the output value increased steadily. In 2019, the global valve output value was US $64 billion, in 2020, the global valve output value was US $73.2 billion, and in 2021, the global valve output value was US $76 billion. In recent two years, due to global inflation, the valve output value has increased greatly. After deducting inflation, the global valve output value has basically remained at about 3%. It is estimated that by 2025, the global valve output value will reach about US $90 billion.
In the global valve industry, the United States, Germany, Japan, France and Taiwan, China belong to the first echelon of comprehensive strength, and their valves occupy the high-end market of the industry.
Since the 1980s, the United States, Japan, Germany, South Korea and other countries have gradually transferred medium and low-end industries to developing countries. China is the country with the most concentrated and fastest-growing valve industry.
At present, it has become the largest valve industry country in the world in terms of valve production and export, and is already moving towards a powerful valve country.
Post time: May-06-2022