In China's current valve market, while low-pressure valves have reached a level that is acceptable in the international market, high-pressure valves still depend largely on imports. Despite an optimistic macroeconomic outlook, most of the valve industry’s production and sales indicators have shown rapid growth. However, due to intense price competition, both sales revenue and profits have declined significantly compared to the previous year.
With the global economy recovering, China's import and export of valve products have increased, but so has the competition in the international valve market. The gap between Chinese valve manufacturers and their foreign counterparts, especially in high-end technology and large-scale production, remains significant. As a result, technological advancement will become a major bottleneck for the development of China’s valve industry in the coming period.
Improving the technical level and quality of valve products is therefore seen as the key challenge for the industry’s future growth. According to Ding Qi, General Manager of Chengdu Chengfeng Valve Co., Ltd., the sluggish performance of the valve industry has led to outdated product standards, which are a critical factor limiting the development of China’s valve sector.
During an interview, Ding shared an example from this year’s "West-East Gas Pipeline" project. Many domestic and international valve companies participated in the bidding for the main pipeline, which required a large number of valve products. However, only one domestic company, "Wind Valve," managed to secure a contract. Although Hejia Valve performed well in the regional project, it was not enough to make domestic valves proud. Industry insiders noted that most local valve companies missed the opportunity, which is considered a disgrace for the sector.
Many local valve enterprises failed to participate in the "West-East Gas Pipeline" project, not just due to environmental factors, but also because of issues like outdated equipment, low specialization, and limited market size—factors that continue to hinder industry development.
There is a noticeable gap between mainland and coastal valve industries. The mainland industry started with a lower base, smaller scale, and less specialization, and its marketization level is not high, which has widened the gap with coastal regions and caused imbalanced development within the domestic industry.
To overcome these challenges and find new development opportunities in a competitive environment, the domestic valve industry must take appropriate measures. It is expected that foreign capital will gradually enter the Chinese valve market, providing a strong stimulus for local companies. In response, domestic firms need to introduce advanced foreign equipment and technologies to better compete with international players.
At the same time, Chinese valve companies should actively engage in the international market by investing in capital, technology, and management practices. Options such as establishing joint ventures abroad, setting up production bases overseas, and sending technical and management personnel to meet foreign project needs are all viable strategies for long-term growth.
Screw Locking Milling Cutter
Screw Locking Milling Cutter
milling machine face cutter,peripheral and face milling,peripheral milling and face milling,best face mill for aluminum,best face mill for steel
SICHUAN JOJO TOOLS CO., LTD , https://www.jojo-tools.com