Dalian Xiangrui Valve Manufacturing Co., Ltd.
Industrial valve industry layout
2021-11-15
The sustained and stable growth of the global economy has driven the development of downstream industries for industrial valves, including petroleum and natural gas, electricity, water treatment, chemicals, and urban construction. Industry analysis indicates that the global industrial valve industry is developing rapidly, and the industrial valve industry in China has also achieved relatively fast development. In 2019, the global industrial valve market size increased to US$123.56 billion.
In 2019, the size of China's industrial valve market was US$12 billion, accounting for 19.5% of the global market. Based on the development speed and investment intensity of various industries in China, the proportion of the domestic industrial valve market in the global market is steadily increasing. In 2020, the global industrial valve market size was approximately US$64 billion, and China's share will reach 20%-21%, meaning the domestic market size in 2020 will be approximately US$12.8-13.5 billion.
From a market perspective, most domestic valve companies are in the low-end market of the valve industry. Low-end valve products are highly versatile, have low technical content, and have a low entry barrier. There are numerous companies in the industry, resulting in intense competition and low market concentration. With the continuous increase of new entrants, competition will become even more fierce, and the profit level of the low-end valve market will also decline.
From a corporate layout perspective, the domestic valve industry is accelerating its reshuffling, and large-scale valve manufacturers may emerge in the future. On the one hand, small and micro-enterprises with poor management and low core competitiveness are gradually withdrawing from the market, while the market share of large domestic valve companies is steadily increasing. On the other hand, the scale of domestic valve enterprises still has considerable room for improvement compared to international giants (only Nuelle's revenue exceeds 2 billion yuan, with about 7-8 companies in the 1 billion-2 billion yuan range). It is believed that with the recovery of the downstream market and the improvement of the international competitiveness of enterprises, the market share of domestic leading companies represented by Nuelle will continue to increase in 2020, and it is expected that a global leader in mid-to-high-end industrial valves will emerge.
Contact us
Phone:0086-411-86734112
Phone:0086-411-86735038
Phone:0086-411-86735010
Fax: 0411-86735468
Ms. Han:0086-15309815938
Ms. Song:0086-8098804580
Email:xiangrui@dl-xiangrui.com
Address: No. 12, Xinfeng Street, Ganjingzi District, Dalian City, Liaoning Province
Contact us
Phone:0086-411-86734112
Phone:0086-411-86735038
Phone:0086-411-86735010
Fax: 0411-86735468
Ms. Han:0086-15309815938
Ms. Song:0086-18098804580
Email:xiangrui@dl-xiangrui.com
Address: No. 12, Xinfeng Street, Ganjingzi District, Dalian City, Liaoning Province
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