Latest developments in the world valve industry

Latest developments in the valve industry
First, from the perspective of the whole valve market, there are mainly two:
1. Domestic market. The domestic market is divided into new and extended project market, old equipment maintenance and transformation project market.
From these two markets, the common valve products are seriously oversupplied, and secondly, the enterprises are competing against each other, disorderly competition, fake and shoddy...... The market is very irregular, resulting in a large number of valve manufacturers in the fierce competition, a substantial loss. From the demand of these two markets, with the development and improvement of the valve market economy, especially after entering the World Trade Organization (WTO), the market changes become more and more large, the valve enterprises are more and more affected by the market, the demand for the products of the valve market is getting higher and higher, the demand of the product development and production cycle is increasing. The shorter.
2, foreign market. The foreign market has been very active in recent years, and the competition is fierce. The import and export of the valves in East and Southeast Asia has increased rapidly, and the market trade between the developed countries such as the European Community of North America has continued to develop, the exports of Germany, Italy, Japan, China and other countries and regions have expanded, and the rapid growth of the imports of the United States, the United Kingdom and France has formed the support of the prosperity of the international valve market. Furthermore, due to the further internationalization of the world economy, multinational corporations will continue to promote the development of the international valve market, and the regionalization of international trade is another major feature.