DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/8njj93/research_report) has announced the addition of the "Research Report on China's Valve Industry, 2010-2019" report to their offering.
China's valve output in 2014 was 10.319 million tons, increasing 28.9% year on year. In recent years, valve production has kept increasing not only in central air-conditioning industry but also in such rising industries as energy & power and steel industry.
Currently, China is the country with the largest number of valve manufacturers, i.e. over 3,000. And Zhejiang, Wenzhou, Taizhou, Ningbo and Jinhua in particular, is China's largest manufacturing base and sales center of valves. But most enterprises are small family workshops, among of which less than 500 bring in an annual sales value of CNY 5 million and only a dozen have a revenue exceeding CNY 100 million. And the market share of those in the Top 10 only totaled 8%- 9%. DunAn Holding Group and Sanhua Co., Ltd that are located at Zhuji and Xinchang respectively, the leading enterprises in Zhejiang and even China, have remained as leaders in the development of valve industry in China.
What is notable is that with the capacity concentration, large companies have expanded and become famous through competition while middle and small-sized enterprises without competitiveness may face the risk of being merged or going bankrupt.
In 2014, the domestic market of air- conditioner globe valve and four- way reversing valve is in depression, both reporting a year- on- year decrease under limited demand. While electronic expansion valve performed well and reported a year- on- year increase under the condition of air- conditioning machine upgrading. Among the valve products supporting commercial central air- conditioning, DANFOSS, Parker, Emerson and Sanhua dominate the market, among of which foreign brands take up a share of over 50%.
In 2014, the market size of central air- conditioning surpassed CNY 70 billion in China. Apart from the basic nine categories of central air- conditioning product, special central air- conditioning is accelerating its development. The Chinese government has increased its investment in nuclear power and set a target of increasing installed capacity from 4000 GW to 75 GW by 2020. Suppose a nuclear power project with a capacity of 100 GW needed cooling equipment of CNY 150- 200 million, nuclear power's demand for cooling equipment will total CNY 11.2 billion in the next decade. Meanwhile, fixed asset investment led by the Chinese government grows year by year, the launching of such projects such as west-east gas transmission, west-east electricity transmission, south water to north will need large amounts of valve products. Besides, as industrial age is around the corner, such big users as petrochemical industry, power sector, metallurgic department, chemical industry and city construction will also increase their demand for valve.
Key Topics Covered:
1 Basic Concepts of Valve
1.2 Operation Status of Valve Industry in the World, 2010-2014
2 Supply of Valve Industry in China, 2010-2014
3 Market Demand for Valve in China, 2010-2014
4 Competition Analysis of Valve Market in China, 2010-2015
5 Major Valve Producers in China, 2010-2015
6 Key Foreign Enterprises in Valve Market in China, 2010-2015
7 Expectation to Valve Industry in China, 2015-2019
Companies Mentioned
- China National Nuclear Corporation Suzhou Valve Factory
- Dalian Dagao Valve Co., Ltd
- Emerson
- Flowserve
- Guangdong Mingzhu Group Co., Ltd
- Huanqiu Valve Group Co., Ltd
- Hubei Hongcheng General Machinery Co., Ltd
- Liangjing Group Co., Ltd
- Shanghai Lianggong Valve Factory
- Tyco
- Zhengjiang CHAODA Valve Group Co., Ltd
- Zhuzhou Southern Valve Co., Ltd
- Zigong High Pressure Valve Co., Ltd
For more information visit http://www.researchandmarkets.com/research/8njj93/research_report
