Industrial Valve Industry Layout

The sustained and stable growth of the global economic aggregate has led to the development of downstream industries such as oil and gas, electricity, water treatment, chemical industry, and urban construction. Industrial valve industry analysis pointed out that the global industrial valve industry is developing rapidly, and the industrial valve industry has also achieved rapid development, and the global industrial valve market size increased to $123.56 billion in 2019.
Industrial valve industry layout pointed out that in 2019, China's industrial valve market size was 12 billion US dollars, accounting for 19.5% of the world. According to the speed of development and investment in domestic industries, the proportion of the domestic industrial valve market in the world is steadily increasing, the global industrial valve market size of about 64 billion US dollars in 2020, China's proportion will reach 20%-21%, the domestic market size of about 12.8-13.5 billion US dollars in 2020.
From the market level, most of the domestic valve enterprises are in the low-end market of the valve industry. Low-end market valve products have strong versatility, low technical content, low entry threshold, many industry enterprises, the industry as a whole shows a high level of competition, and market concentration is very low. With the increasing number of new entrants in the industry, competition will be more intense, and the profit level of the low-end valve market will also decline.
From the perspective of enterprise layout, the domestic valve industry is accelerating the reshuffle, and large valve manufacturers will stand out in the future. On the one hand, small and micro enterprises with substandard operations and low core competitiveness gradually withdrew from the market, while the market share of domestic large valve enterprises increased steadily. On the other hand, the volume of domestic valve enterprises still has a large room for improvement to the standard international giants (only Newey revenue of more than 2 billion yuan, about 7-8 in 1-2 billion yuan), the author believes that with the recovery of the downstream market and the improvement of international competitiveness of enterprises, the domestic leading market share represented by Newey will continue to increase in 2020. It is expected that the world's high-end industrial valve leading enterprises will be born.
At present, China's industrial valve production enterprises are mainly concentrated in Zhejiang, Jiangsu and Shanghai and other places, there are 26 valve companies in Shenzhen, Shanghai, Hong Kong and new third board market trading. The industrial layout of the industrial valve industry pointed out that the 26 valve companies have large and small scales and different product types, which truly reflects the operating status of domestic valve enterprises to a certain extent. In 2019, 17 of the above 26 enterprises had revenues of more than 100 million yuan, of which Newey's revenue and net profit were in the leading position in the industry.
China has been able to produce more than 3,000 models, more than 40,000 specifications of industrial valve products. Categories include gate valves, globe valves, throttle valves, plug valves, ball valves, butterfly valves, diaphragm valves, check valves, safety valves, reducing valves, traps and regulating valves, a total of twelve categories. Petrochemical and coal chemical valve products, long distance pipeline matching valves are as the "13th Five-Year" industrial valve industry new product development work.
In general, the volume of China's industrial valve enterprises is still small compared with foreign giants, and the market pattern is more dispersed. China's industrial valve industry shows low-end industrial valve overcapacity, mid-end industrial valve market competition, high-end and special industrial valve market foreign enterprises monopoly pattern, it is expected that the improvement of the prosperity of the downstream industry will drive the increase in related fixed asset investment, and then drive the growth of industrial valve demand, the above is the industrial valve industry layout analysis of all content.