In 2010, the growth rate of China's GDP reached 10.3%. The related industrial sectors performed well, the manufacturing environment for development has improved, and the Chinese control valve market has resumed its growth. The overall size reached 9.2 billion yuan, a year-on-year increase of 7.9%. Gongkong? Market research believes that China's control valve market will remain optimistic for the next three years, but the market will bid farewell to the rapid growth of the period from 2006 to 2008, and the average annual growth rate of the market will slow down to 5-6%.

Current overview of China's control valve market:

From the perspective of manufacturers, the competitive landscape of domestic and foreign manufacturers has basically remained stable, and Fisher remains the market leader. Compared with foreign brands, local manufacturers are still weak, and major breakthroughs have not been achieved in the rankings and performance scale. Although the overall market growth, but the performance of manufacturers in 2010 is not balanced, a small number of companies actively seize the market share, the performance of most companies affected by the market or capacity to maintain the level of 2009.

From an industry point of view, the chemical, petrochemical, and power industries still account for the most important market position for China's control valves in 2010. Business growth in the chemical and petrochemical fields is the main factor driving the control valve market in 2010. This trend was in the first half of 2011. Continuation. In 2010, the electricity market experienced a slight increase. The main driver was the nuclear power market.

From a strategic point of view, foreign companies usually focus on these areas: to achieve localization, improve the marketing service system, integrate marketing channels, and turn Chinese companies into centers of production and technical services in the Asia-Pacific region. Domestic manufacturers are more focused on increasing production capacity, taking the path of localization, seeking product and technology breakthroughs, and striving for the rapid development of the company. Although the overall growth of the control valve industry has slowed down, due to the optimistic view of the future market, the manufacturers are actually secretly accumulating strength so that they can snatch more market share in the future when the industry develops rapidly.

The current development of unfavorable factors:

The international economic situation is complicated and complicated. S&P cuts US sovereign debt rating. Capital markets including China have fallen sharply recently. Domestic inflation and macro-control pressures have further increased. The real economy has slowed down. Control valves are used in the industrial sector. Markets The situation is greatly affected by the macroeconomic conditions of the country. As the growth rate of the real economy slows, the market demand and investment of the control valve industry are under certain pressure.

Orders for the nuclear power market increased in 2010, but this market area is uncertain in the future, mainly due to the nuclear crisis in Japan in March 2011. China has suspended approval of nuclear power projects, which will give control valve products in the field of nuclear power. The application has a certain effect.