valve – CRI Report

Research Report on China’s Valve Export 2023-2032

admin — Mon, 05 Dec 2022 06:31:27 +0000

Valve is a control component in the pipeline fluid transportation system, which is used to change the cross section of the pathway and the direction of media flow, and is widely used in the petroleum industry, chemical industry, metallurgical industry, energy, water treatment and other economic fields. China is one of the world’s major valve producers, occupying an important position in the global valve industry chain, China is also one of the world’s major valve exporters.

In 2021, China exported 5.819 billion sets of valves (including pressure reducing valves, oleohydraulic transmission valves, pneumatic transmission valves, check valves, safety valves or relief valves, electromagnetic directional valves, other directional control valves, electronic expansion valves, other flow valves, other valves, and taps, corks and similar appliances), an increase of 16.26% year-on-year, and exports of US$15.988 billion, an increase of 28.19% year-on-year. According to CRI analysis, from January to October 2022, China exported 4.519 billion sets of valves, down 6.49% year-on-year, with an export value of US$14.255 billion, up 10.38% year-on-year.

CRI analysis, from 2018 to October 2022, the average price of China’s valve exports in general showed a trend of change first decreasing and then increasing. In 2018-2020, the average price of China’s valve exports fell continuously, and the average price of China’s valve exports in 2020 was US$2.49 per set. From 2020 to October 2022, the average price of China’s valve exports rose continuously, and in 2022 the average price of China’s valve exports exceeded US$ 3 per set, reaching US$ 3.15 per set, an increase of 18.04% year-on-year.

CRI analysis, by export volume, in 2021, China’s top three exported valve types are check valves, other valves and taps, cocks and similar appliances, and the export volume of the three accounted for 93.93% of the total export volume of valves in that year. CRI analysis, check valves are the largest valve type exported by China. In 2021, China exported 2.471 billion sets of check valves, accounting for 42.47% of the total export volume. In 2021, China exported 2.471 billion sets of check valves, accounting for 42.47% of the total exports, with an export value of US$ 562 million, accounting for 3.52% of the total exports.

By export value, then the top three valve types exported by China in 2021 are other valves, taps, cocks and similar appliances and check valves. CRI analysis shows that other valves are the largest valve type exported by China. In 2021, China exported US$6.952 billion of other valves, accounting for 43.48% of the total export value and exported 2.057 billion sets, accounting for 35.35% of the total export volume.

From 2021-2022, China’s valve exports to more than two hundred countries and regions in the world. With the transformation of China’s valve industry from low-end valve manufacturing to mid- to high-end valve manufacturing, CRI expects that China’s valve exports are expected to continue to grow from 2023-2032.

Topics covered:

China’s Valve Export Status and Major Sources in 2018-2022
What is the Impact of COVID-19 on China’s Valve Export?
Which Companies are the Major Players in China’s Valve Export Market and What are their Competitive Benchmarks?
Key Drivers and Market Opportunities in China’s Valve Export
What are the Key Drivers, Challenges, and Opportunities for China’s Valve Export during 2023-2032?
What is the Expected Revenue of China’s Valve Export during 2023-2032?
What are the Strategies Adopted by the Key Players in the Market to Increase Their Market Share in the Industry?
What are the Competitive Advantages of the Major Players in China’s Valve Export Market?
Which Segment of China’s Valve Export is Expected to Dominate the Market in 2032?
What are the Major Adverse Factors Facing China’s Valve Export?

Table of Contents

1. 2018-2022 China’s Valve Export Analysis

1.1. China’s Valve Export Scale

1.1.1. China’s Valve Export Volume

1.1.2. China’s Valve Export Value

1.1.3. China’s Valve Export Price

1.2 China’s Main Export Destinations of Valves

1.2.1. By Export Volume

1.2.2. By Export Value

2. 2018-2022 China Pressure Reducing Valve Export Analysis

2.1 Export Volume of Pressure Reducing Valve

2.2. Export Value of Pressure Reducing Valve

2.3 Export Price of Pressure Reducing Valve

2.4 Export Destinations of Pressure Reducing Valve

2.4.1. By Export Volume

2.4.2. By Export Value

3. 2018-2022 China Oleohydraulic Transmissions Valve Export Analysis

3.1. Oleohydraulic Transmissions Valve export volume

3.2. Oleohydraulic Transmissions Valve Export Value

3.3. Oleohydraulic Transmissions Valve Export Price

3.4. Oleohydraulic Transmissions Valve Export Destination

3.4.1. By Export Volume

3.4.2. By Export Value

4. 2018-2022 China Pneumatic Transmission Valve Export Analysis

4.1. Pneumatic Transmission Valve Export Volume

4.2. Pneumatic Transmission Valve Export Value

4.3. Pneumatic Transmission Valve Export Price

4.4 Pneumatic Transmission Valve Export Destinations

4.4.1. By Export Volume

4.4.2. By Export Value

5. 2018-2022 China Check Valve Export Analysis

5.1. Check Valve Export Volume

5.2. Check Valve Export Value

5.3. Check Valve Export Price

5.4 Check Valve Export Destinations

5.4.1. By Export Volume

5.4.2. By Export Value

6. 2018-2022 China Safety or Relief Valve Export Analysis

6.1. Safety or Relief Valve Export Volume

6.2. Safety or Relief Valve Export Value

6.3. Safety or Relief Valve Export Price

6.4 Safety or Relief Valve Export Destinations

6.4.1. By Export Volume

6.4.2. By Export Value

7. 2018-2022 China Electromagnetic Directional Valve Export Analysis

7.1. Electromagnetic Directional Valve Export Volume

7.2. Electromagnetic Directional Valve Export Value

7.3. Electromagnetic Directional Valve Export Price

7.4 Export Destinations of Electromagnetic Directional Valve

7.4.1. By Export Volume

7.4.2. By Export Value

8. 2018-2022 China Other Directional Control Valve Export Analysis

8.1. Other Directional Control Valves Export Volume

8.2. Other Directional Control Valve Export Volume

8.3. Other Directional Control Valve Export Price

8.4 Other Directional Control Valve Export Destinations

8.4.1. By Export Volume

8.4.2. By Export Value

9. 2018-2022 China Electronic Expansion Valve Export Analysis

9.1. Electronic Expansion Valve Export Volume

9.2. Electronic Expansion Valve Export Value

9.3. Electronic Expansion Valve Export Price

9.4. Electronic Expansion Valve Export Destinations

9.4.1. By Export Volume

9.4.2. By Export Value

10. 2018-2022 China Other Flow Valve Export Analysis

10.1. Other Flow Valve Export Volume

10.2. Other Flow Valve Export Value

10.3 Other Flow Valve Export Price

10.4 Other Flow Valve Export Destinations

10.4.1. By Export Volume

10.4.2. By Export Value

11. 2018-2022 China Other Valves Export Analysis

11.1. Other Valves Export Volume

11.2. Other Valves Export Value

11.3. Other Valves Export Price

11.4. Other Valves Export Destinations

11.4.1. By Export Volume

11.4.2. By Export Value

12. 2018-2022 China Export Analysis of Taps, Cocks and Similar Appliances

12.1. Export Volume of Taps, Cocks and Similar Appliances

12.2. Export Value of Taps, Cocks and Similar Appliances

12.3. Export Price of Taps, Cocks and Similar Appliances

12.4 Export Destinations of Taps, Cocks and Similar Appliances

12.4.1. By Export Volume

12.4.2. By Export Value

13. 2018-2022 China Valves Major Export Destinations Analysis

13.1. United States

13.2. Indonesia

13.3. India

13.4. Russian Federation

13.5. Germany

13.6. Other Export Destinations

14. 2023-2032 China’s Export Valve Outlook

14.1. Factors Affecting China’s Valve Exports

14.1.1. Favorable Factors

14.1.2. Unfavorable Factors

14.2. China’s Valve Export Forecast, 2023-2032

14.2.1. Export Volume Forecast

14.2.2. Major Export Destinations Forecast

14.2.3. Major Export Types of Valves Forecast

The post Research Report on China’s Valve Export 2023-2032 first appeared on CRI Report.

Research Report on Global and China’s Valve Industries, 2019-2023

admin — Tue, 20 Aug 2019 01:17:36 +0000

Description
A valve is a device that regulates, directs or controls the flow of fluid by opening, closing, or partially obstructing various passageways. A Valve is a key device in fluid controlling system, which is generally applied in liquid or gaseous fluid controlling environment. The major application fields include petroleum, natural gas, electric power, chemical industry, water supply and sewage treatment, papermaking, metallurgy, pharmacy and food producing. The development of the valve industry is closely related to global economy because valves are widely applied to industries that involve fluid controlling.
According to CRI, in 2018, the global market size of valves was about USD 55 billion, representing a CAGR of about 3.50% from 2014 to 2018. Global leading valve manufacturers are concentrated in North America, Japan and Germany. Famous valve enterprises include Emerson, IMI, Kitz Group, Flowserve, GE, Cameron and KSB Group. They dominate the market through advanced technologies and worldwide manufacturing bases. Global valve market is fiercely competitive and is becoming increasingly concentrated because of mergers and reorganizations. To reduce costs, many world-famous valve manufacturers are closing down their factories in North America, Europe and Japan and moving to China, India, Southeast Asia, etc.
Since China joined the WTO, its valve industry has been developing rapidly. China has the largest number of valve manufacturers and the largest volume of valve production. Currently, about 50% global valve parts are purchased from China. More finished valve products are purchased from China considering factors like OEM. China has become the largest valve exporter in the world, but it still needs to import a large quantity of medium-high end valves every year.
According to CRI, there are over 1,000 valve manufacturers in China. Zhejiang is the largest and leading pump valve manufacturing base and sales center in China. Most of the valve enterprises in Zhejiang are small-sized ones, of which less than 500 have annual sales revenue above CNY 20 million and less than 50 have annual sales revenue above CNY 100 billion. China’s valve market is fragmented, with CR10 below 10%.
According to CRI, in 2018, the production volume of valves in China was about 7.70 million tons, decreasing by about 2% YOY. Although the production volume is declining, the average price is increasing because the proportion of low-end products is decreasing. In recent years, the major driving forces for China’s valve market are industries such as central-air conditioning, energy, electric power and metallurgy.
For example, the market size of central air-conditioning in China exceeded CNY 90 billion in 2018. And as the Chinese government increases the investment in nuclear power, the installed nuclear power capacity is expected to reach 75 million kilowatts at the end of 2020. A 1-million-kilowatt nuclear power project needs refrigeration equipment worth about CNY 150 million to CNY 200 million. In the coming decade, the market size of refrigeration equipment for nuclear power projects will exceed CNY 10 billion. Meanwhile, with the increasing fixed-asset investment, big projects such as the West-to-East Gas Piping Project and the South-to-North Water Diversion Project will need a large quantity of valves. In addition, with the advent of industrial automation, there is an increasing demand for valves from the petrochemical industry, electric power sector, metallurgy sector, chemical industry and urban construction.
According to CRI, the global economy is expected to grow in the next few years, which will push up fixed-asset investment and boost the valve market. As China accelerates urbanization, industrialization and infrastructure construction, fixed-asset investment will remain a major driving force for China’s economic development for a long period of time. And the development of electric power, chemical industry, metallurgy, papermaking and water treatment will stimulate the demand for valves in China. The Chinese government’s policies on promoting economic growth will also drive the development on China’s valve industry.

Topics covered:
– Development environment for global and China’s valve industries
– Supply of and demand for valves
– Analysis on major valve manufacturers in the world
– Competition on the valve market
– Import and export of valves in China
– Driving forces and market opportunities for the valve industry
– Threats and challenges to global valve industry
– Prospect of global valve industry from 2019 to 2023

The post Research Report on Global and China’s Valve Industries, 2019-2023 first appeared on CRI Report.

Research Report on China Valve Industry, 2017-2021

admin — Fri, 17 Aug 2018 09:06:58 +0000

Description
A valve is a device that regulates, directs or controls the flow of a fluid by opening, closing, or partially obstructing various passageways.
A Valve is a key device in fluid controlling system, which is generally applied in liquid or gaseous fluid controlling environment. The major application fields include petroleum, natural gas, electric power, chemical industry, water supply and sewage treatment, papermaking, metallurgy, pharmacy and food producing. The development of valve industry is closely related to macro-economy because valves are widely applied to various industrial fields concerning fluid controlling.
According to CRI, the competition among global valve manufacturing enterprises is fierce. Mergers and reorganizations between enterprises emerge frequently, causing the market concentration rate rising. On April, 2017, Emerson finished buying the valve and controlling business under Pentair for USD 3.15 billion.
As the competition in global valve market becomes increasingly fierce, many world-famous valve manufacturers close their plants in North America, Europe and Japan and move to China, India, Korea, etc. in order to reduce cost.
Since China’s reform and opening-up, valve industry in China develops rapidly,. China has become the largest valve manufacturer in the globe. Currently, about 50% of global valve parts are purchased from China. More finished valve products are purchased from China considering factors like OEM. China has become the world’s largest exporter of valves, but China still needs to import a huge amount of middle to high-end valves annually.
According to CRI, there are over 3,000 valve manufacturing enterprises in China currently, ranking the world’s first. Zhejiang is the largest and leading pump valve manufacturing base and sales center in China. The valve enterprises in Zhejiang are located in Wenzhou, Taizhou, Ningbo, Jinhua, etc. Most of these enterprises are of small scale, among which there are no more than 500 enterprises with annual sales revenue exceeding CNY 20 million, and only a dozen enterprises with annual sales revenue exceeding CNY 100 million. The concentration rate of valve enterprises in China is quite low. The sum of market share of the top ten enterprises is less than 10%.
According to CRI, the output volume of valves exceeded 10 million tons in China in 2016. The output volume of valves is on an overall growing trend in China in recent years. The major driving forces of downstream include central air-conditioning, energy power, metallurgy fields, etc.
The market scale of central air-conditioning exceeded CNY 80 billion in China in 2016.
At present, apart from the nine basic types of central air-conditioning, the special central air-conditioning business is developing rapidly in China. The Chinese government expands financial input in nuclear power. The goal of expected installed capacity in 2020 is set from 40 million kW to 75 million kW. One one-million-kW nuclear power project needs refrigeration equipment valued for about CNY 0.15-0.20 billion.
It is estimated that the value of the total demand for refrigeration equipment is about more than CNY 10 billion in the next ten years. Meanwhile, the fixed asset investment led by the Chinese government is increasing annually. The huge projects, including ‘West-East Natural Gas Transport’, ‘West-East Electricity Transmission’, and ‘South-North Water Transfer Project’ need a huge amount of valve products to support. In addition, as China is faced with the approaching of industrialized age, there is an increasing demand for valve products in petrochemical industry, electric power sector, metallurgy sector, chemical industry and urban construction.
According to CRI, the drop of international oil price resulted in the decline of capital expenditure of crude oil tycoon, influencing the global demand for valves. It is estimated that the gradual economic recovery in the U.S. and the world will bring up the fixed asset investment and thus supporting the energy industry in the next few years.
As the urbanization and industrialization accelerates, and the infrastructure construction keeps promoting in China, it is estimated that fixed asset investment will remain the important power driving China’s economic development for a rather long period in future. The development in electric power, chemical industry, metallurgy, papermaking, water processing industry will promote China’s demand for valve products. In addition, Made in China 2025 formulated by the Chinese government will promote China’s valve industry to some extent.

Readers can obtain the following information or more through this report:
-Development Environment of China Valve Industry
-Supply and Demand of China Valve Industry
-Analysis on Key Valve Manufacturing Enterprises in China Market
-Competition of China Valve Market
-Import and Export of Valves in China
-Driving Forces and Market Opportunities in China Valve Industry
-Threats and Challenges Faced by China Valve Industry
-Forecast on China Valve Industry

Table of Contents
1 Basic Concept of Valves
1.1 Definition and Classification of Valves
1.1.1 Definition
1.1.2 Classification and Usage
1.1.3 Industry Chain of Valve Manufacture
1.2 Development Environment of Valve Industry in China, 2011-2016
1.2.2 Policy Environment
1.2.2 Economic Environment
1.3 Parameters and Assumptions
1.3.1 Research Methods
1.3.2 Data Sources
1.4 About CRI

2 Supply and Demand of China Valve Industry, 2011-2016
2.1 Production Status
2.1.1 Production Capacity
2.1.2 Output Volume
2.2 Niche Production Capacity and Output Volume

3. Demand of China Valve Market, 2011-2016
3.1 Demand
3.1.1 Overall Demand
3.1.2 Application Fields
3.2 Factors Influencing Demand for Valve Products in China
3.2.1 Economic Situation
3.2.2 Government Investment
3.2.3 Technology
3.3 Niche Demand Fields of Valves in China, 2011-2016
3.3.1 Valves for Petrochemical Equipment
3.3.2 Valves for Urban Buildings
3.3.3 Valves for Urban Heat Supply
3.3.4 Valves for Environment Protection
3.3.5 Valves for Urban Gas Supply
3.3.6 Valves for Long-distance Pipelines
3.3.7 Valves for Power Stations
3.3.8 Valves for Metallurgy
3.3.9 Valves for Offshore Platform
3.3.10 Valves for Food and Pharmaceuticals
3.3.11 Valves for Air-conditioners

4 Analysis on Market Competition in China Valve Industry, 2011-2016
4.1 Overview on Market Competition in China Valve Industry
4.1.1 Barriers to Entry and Exit
4.1.2 Industry Concentration Rate
4.2 Major Players in the Competition
4.2.1 Domestic Enterprises
4.2.2 Foreign-funded Enterprises
4.3 Competition Structure of Valve Enterprises in China
4.3.1 Bargaining Ability of Upstream Suppliers
4.3.2 Bargaining Ability of Downstream Customers
4.3.3 Internal Competition
4.3.4 Potential Entrants
4.3.5 Substitutes

5 Import and Export of Valves in China, 2011-2016
5.1 Analysis on Import of Valves in China
5.1.1 Import Overview
5.1.2 Major Sources of Import
5.2 Analysis on Export of Valves in China
5.2.1 Export Overview
5.2.2 Major Export Destinations

6 Major Valve Manufacturing Enterprises in China Market, 2015-2017
6.1 Suzhou Neway Valve Co., Ltd.
6.1.1 Enterprise Profile
6.1.2 Operation Status
6.2 CNNC SUFA Technology Industry Co., Ltd.
6.3 Liangjing Valve Group Co., Ltd.
6.4 Huanqiu Valve Group Co., Ltd.
6.5 Guangdong Mingzhu Group Co., Ltd.
6.6 Hubei Hongcheng General Machinery Co., Ltd.
6.7 Jiangsu Shentong Valve Co, Ltd.
6.8 Zhejiang CHAODA Valve Co., Ltd.
6.9 Shanghai Lianggong Valve Factory Co., Ltd.
6.10 Jiangnan Valve Co., Ltd.
6.11 Lanzhou High Pressure Valve Co., Ltd.
6.12 Ningbo Amico Copper Valve Co., Ltd.
6.13 Shanghai Shenfei Valve Manufacture Co., Ltd.
6.14 Wuzhou Valve Co., Ltd.
6.15 Zigong High Pressure Valve Co., Ltd.
6.16 Zhuzhou Southern Valve Co., Ltd.
6.17 Tyco Valve (China) Co., Ltd.
6.18 Danfoss (China)
6.19 KSB (China) Group
6.20 Emerson (China) Electric Co.
6.21 Watts Water Technologies, Inc.
6.22 Spirax Sarcocn (China) Co., Ltd.
6.23 Azbil Group
6.24 PENTAIR
6.25 Caleffi SPA
6.26 Koso Automatic-Control Engineering (Wuxi) Co., Ltd.

7 Prospect of China Valve Industry, 2017-2021
7.1 Factors Influencing Development
7.1.1 Market Opportunities and Driving Forces in China Valve Industry
7.1.2 Threats and Challenges in China Valve Industry
7.2 Forecast on Supply of Valve in China, 2017-2021
7.2.1 Forecast on Production Capacity and Output Volume of China Valve Industry, 2017-2021
7.2.2 Forecast on Product Category
7.3 Forecast on Demand of China Valve Industry, 2017-2021
7.3.1 Forecast on Demand Fields
7.3.2 Forecast on Market Scale
7.3 Analysis on Cost of Production in China Valve Industry
7.3.1 Labor Costs
7.3.2 Costs of Raw Materials
7.4 Development Trend of China Niche Valve Industry

Selected Charts
Chart Output Volume of Valves in China, 2006-2016
Chart Market Scale of Valve Industry in China, 2011-2016
Chart Export of China Valve Industry, 2011-2016
Chart Operation of CNNC SUFA Technology Industry Co., Ltd., 2012-2016
Chart Operation of Zhuzhou Southern Valve Co., Ltd., 2012-2016
Chart Manufacturing Bases of Tyco in China
Chart Export Status of Partial Varieties of Valves in China, 2016
Chart Major Export Destinations of HS 84812020 (Pneumatic Transmission Valve) for China, 2016
Chart Forecast on Output Volume of Valves in China, 2017-2021
Chart Forecast on Market Scale of Valves in China, 2017-2021

The post Research Report on China Valve Industry, 2017-2021 first appeared on CRI Report.