1. Valves have a wide range of applications

Valves, as components of equipment fluid switches, have a wide variety of types and choices, and are developing rapidly with the revitalization of the equipment manufacturing industry. Under the premise of technological advancement and price advantage, domestic valves have been favored by foreign markets, and the trend of valve industrialization is becoming increasingly significant. At the same time, in the context of increasing competition in the valve (electric shut-off valve, pneumatic shut-off valve) industry, the evolution direction of high-end products is more prominent.

At present, China is able to provide various products in the valve market (valve market analysis), such as high-temperature and high-pressure valves, low-temperature refrigeration valves, electric valves, pneumatic valves, fire and water treatment soft seal valves, etc. In the past decade or so, through the joint efforts of excellent large and medium-sized enterprises in China, some mid to high end pump and valve products have been localized, but there are still some special products in the imported state.

At present, whether in terms of domestic market policy support or the current level of technology, the research and development of valves is still insufficient. Overall, with the gradual implementation of the national policy to accelerate the revitalization of the equipment manufacturing industry, the development of general basic manufacturing industry will receive further key support. The petrochemical industry, power sector, metallurgical sector, chemical industry, and urban construction, among other major users of valves, will increase their demand for valve products. However, the feasibility of valve import substitution varies greatly among various sub industries in China, and valves urgently need more policy guidance and scientific research support.

　　Pneumatic emergency shut-off valve - Shanghai Yonglong Valve Factory

　　2. Domestic valves are beginning to be favored

It is reported that currently, 50% of valve components worldwide are purchased from China. In fact, due to reasons such as OEM, more valve products are purchased from China. The global procurement of petroleum equipment is driving China's valve equipment to accelerate its entry into overseas markets. Most of the valve products used in the nuclear power units currently in operation in China are made in China. All high-pressure large-diameter valves for long-distance pipelines can be supplied, and domestic enterprises have the ability to supply the entire line. Many emergency shut-off valves in petroleum refining can also be made in China.

The production of mid to low end valves is shifting towards developing countries such as China, and more and more foreign users are considering Chinese manufacturing. At the same time, the supply chain management of domestic users is becoming increasingly internationalized. Internationalization is a necessary path for the long-term development of enterprises. This includes aligning the organizational structure of the enterprise with international standards, internationalizing marketing channels, aligning product design and quality management with international standards, enhancing international after-sales service and overseas crisis management capabilities, etc.

The valve industry in our country is facing a severe situation: rapid market changes, low product prices, significant increases in labor costs, rising raw material prices, lack of talent, financial difficulties for small and medium-sized enterprises, and increased export thresholds. Small and medium-sized manufacturing enterprises also have some shortcomings, such as not being very professional in file archiving; Not paying enough attention to brand management; The production plan is relatively poor. This indicates that there is still a lot of room for improvement in China's valve manufacturing and other supporting enterprises.

With the acceleration of China's integration with the world economy, the increasingly perfect domestic market economy system, and the promotion of strategic centralized procurement policies by a large number of users, the Chinese industrial valve manufacturing industry will inevitably accelerate industry integration and reshuffle. The management level, product quality, after-sales service, and internationalization level of the Chinese industrial valve manufacturer group are facing a new round of challenges. In the future, the valve industry needs to increase technological investment, develop high-end products, and improve supporting capabilities. Strive to make breakthroughs in the application of ball valves, gas shut-off valves, gate valves, globe valves, safety valves, low-temperature valves, high-pressure valves and other fields in long-distance pipelines. At the same time, international standards should be adopted to improve product quality. Promote the continuous increase of concentration in the valve industry, form large valve enterprise groups, and promote China's transformation from a major valve manufacturing country to a strong valve country.

　　3. Revitalize equipment manufacturing and promote valve industrialization

With the gradual promotion of the national policy to accelerate the revitalization of equipment manufacturing industry, the development of general basic manufacturing industry will receive further key support. China is facing the arrival of the industrialization era, and major valve users such as the petrochemical industry, power sector, metallurgical sector, chemical industry, and urban construction will increase their demand for valve products. There are currently numerous domestic valve enterprises, and the development of the valve industry is relatively mature, especially ball valves, butterfly valves, gate valves, safety valves, fuse valves, electro-hydraulic valves, check valves, throttle valves, globe valves, plug valves, pressure reducing valves, emergency shut-off valves and other products have achieved good development.

From the perspective of the overall development of China's machinery industry, the valve industry has made rapid progress. However, looking at the entire domestic valve industry, most of the valves are mid to low end products with low technical content. The high-end valves in the domestic market are mainly imported, which has led to the phenomenon of foreign valve companies monopolizing the high-end valve market in China. At present, the country has introduced policies to revitalize the equipment manufacturing industry, with a particular focus on supporting the development of general basic manufacturing. China is facing a transition from the agricultural era to the industrial era, which will significantly increase the demand for high-end valves. This has also brought new challenges and opportunities to the domestic valve market.

Both in terms of domestic market policy support and existing technological level, investment in the research and development of high-end valves is not favorable enough. Overall, with the gradual implementation of the national policy to accelerate the revitalization of the equipment manufacturing industry, the development of general basic manufacturing industry will receive further key support. The petrochemical industry, power sector, metallurgical sector, chemical industry, and urban construction, among other major users of valves, will increase their demand for valve products. However, the feasibility of valve import substitution varies greatly among various sub industries in China, and high-end valves urgently need more policy guidance and scientific research support.

　　Electric emergency shut-off valve - Shanghai Yonglong Valve Factory

　　Regarding this, relevant individuals have put forward three suggestions:

Firstly, establish a new mechanism to encourage enterprises to innovate independently. According to the comprehensive planning and regional layout of the national pump and valve manufacturing industry, a number of regional leading technology and product development laboratories, testing bases, and product development centers will be established. Establish technology diffusion stations relying on science and education institutions with strong innovation capabilities. Encourage and support the establishment of a pump and valve manufacturing technology research and development center.

Secondly, improve the technology promotion system. Reasonably establish grassroots manufacturing technology promotion organizations, gradually establish a diversified manufacturing technology promotion system led by the national manufacturing technology promotion organization, with division of labor and cooperation, and adequate services. In addition, it is necessary to establish a sound technology training system and improve the protection system of intellectual property rights. Establish and improve the training service functions of universities, research institutions, and secondary vocational schools in connection with basic education, and fully leverage the power of institutions at all levels. Further improve the market environment for new product innovation, actively promote new product development, and establish sound management regulations for independently developed new products by enterprises and research institutions.

　　5. Valve manufacturing needs to seek high-end development

China's valve manufacturing industry is actively seeking high-end development, aiming to break the monopoly of most valves in important fields by foreign markets and participate in the competition of the international high-end valve market. If we still rely on imports for important basic components, it will not only consume a large amount of profits in China's valve market, but also hinder the independent innovation of the valve industry. Therefore, the production level and product performance of domestic valves and other basic components must keep up with market demand, enhance the value of independent brands and technologies, and better promote the domestic valve manufacturing industry to move towards high-end markets.

Domestic valve production backbone enterprises have been able to design and manufacture various valves in accordance with international standards such as ISO international standards, DIN German standards, AWWA American standards, etc. Some manufacturers' products have reached the international requirements level. Although the overall level of China's valve industry has greatly improved, the quality of shut-off valves is still not stable enough, and phenomena such as running, emitting, dripping, and leaking often occur in domestic valves. In addition, there is still a certain gap in the matching capacity of valves in China compared to developed countries.

Due to the rapid expansion of the market, state-owned valve enterprises will further increase their efforts to localize high-end equipment components. In the current valve market in China, in addition to low and medium pressure valves that have reached an acceptable level in the international market, special high-temperature and high-pressure valves still rely on a portion of imports. Therefore, improving the level and grade of valve products in China is the first major issue for the development breakthrough of the valve industry. With the accelerating pace of restructuring in the valve industry, the competition among enterprises in the valve industry in the future will be between the quality and safety of valve products and product brands, with products developing towards high technology, high parameters, strong corrosion resistance, and long service life.