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World Valve Industry News Update
Valve Industry Update
First, from the entire valve market, there are two main:
1, the domestic market. The domestic market is divided into new construction, expansion project market, old equipment maintenance, transformation project market.
Judging from these two markets, the general valve products are in excess of supply, and secondly, the companies have been reluctant to compete with each other, disorderly competition, and counterfeiting. The market is not standardized, leading to fierce competition among certain valve manufacturers. In the year, there was a significant loss year after year. 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), its market changes have become increasingly large, and valve companies have been increasingly affected by the market. The demand of users for valve market products is getting higher and higher, and the demand for product development and production cycles is getting shorter and shorter.
2, foreign markets. Foreign markets are very active in recent years and competition is fierce. The import and export of valves in East and South-East Asia grew rapidly. The market trade between developed countries such as the European Community in North America continued to grow, and exports from Germany, Italy, Japan, China and other countries and regions expanded, and the United States, Britain, France and other countries imported The rapid growth has formed a support point for the prosperity of the international valve market. Moreover, as the world economy becomes more internationalized, multinational companies will continue to promote the development of the international valve market, and the regionalization of international trade will become another major feature.
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