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The market share of imported valves has changed, and domestic valves have achieved effective substitution

by:Sino Valves     2021-03-03
Electric valve is a control component in the pipeline transportation system, which can be used to control the flow of various types of fluids such as air, water, steam, various corrosive media, mud, oil, liquid metal and radioactive media. In the pharmaceutical industry, valves also play a big role. According to statistics, there are currently more than 3,000 valve manufacturers in my country that can produce gate valves, throttle valves, ball valves, globe valves, butterfly valves, diaphragm valves, control methods, etc., to meet the requirements and needs of various fields. In the context of the rapid development of pharmaceutical and other industries, the valve market is bound to usher in a good room for development. In terms of market share, in recent years, with the rise of brand power of domestic electric valve companies and the maturity of valve technology, the share of imported valves in the domestic market has gradually declined, and domestic valves have achieved effective substitution. According to statistics, from January to December 2018, my country's valve imports amounted to 1.039.97 million sets, a year-on-year decrease of 2.1%; from January to December 2018, my country's valve imports amounted to US$73,288,000, a year-on-year increase of 20%. Take electric valve as an example. At present, domestic electric valve and valve manufacturers are mainly concentrated in Zhejiang, Jiangsu and other places. According to relevant information, in 2017, among the top 50 electric valve manufacturers in China, there are 6 in Zhejiang, 4 in Jiangsu, and 6 in Jiangsu. It can be seen that one-third have achieved localization, and this proportion is still increasing. The improvement of domestic valve market share cannot be separated from the improvement of electric valve quality. On January 3, 2019, the Anhui Provincial Bureau of Quality and Technical Supervision announced the results of the provincial supervision and random inspection of valve products in 2018. It is reported that 10 production enterprises in four regions of Hefei, Wuhu, Chizhou, and Tongling were spot-checked. 10 sets of samples were spot-checked, 9 sets of samples were qualified, and the sampling pass rate was 90%. It is reported that the provincial supervision and spot check is a more comprehensive survey of the product quality of valve manufacturers in Anhui Province, which can basically reflect the current status of valve product quality in Anhui Province. It can be seen that the quality of domestic valves can basically be guaranteed, helping enterprises to stabilize production. In terms of valve technology, many valve companies are currently implementing the in-depth integration of information technology and industrialization of the valve industry through intelligent control processes and modern and precise management, and promote better domestic valve production in my country. For example, a valve company invests about 80 million yuan in technological innovation each year, of which more than 50 million yuan is invested in research and development alone. During the period, the company also presided over the completion of a number of national scientific research projects, and through technological innovation, let its valve products have the international market competitiveness, and promote the progress of the overall technical level of my country's control valve industry. However, as far as the overall technical level is concerned, industry experts believe that since valve manufacturers are mostly small and medium-sized, most electric valve companies still need to break competition barriers through technological innovation, thereby increasing their profit margins. At the same time, companies must increase investment in brand channel building to expand brand penetration. In the long run, with the increase of industry concentration, the intensification of competition in the valve market in the future is inevitable. For valve companies, only by participating in competition can they have long-term development and turning pressure into motivation can make continuous breakthroughs. Therefore, if electric valve companies want to achieve better results, they must strengthen themselves, improve their competitiveness, and speak with products.
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