Current situation of China's valve industry: Jiangsu, Zhejiang, Shanghai and Liaoning have captured

The valve is the basic component of the pipeline system, occupies a very important position in the mechanical industry, the application field involves a wide range of, is a fluid, liquid, gas transmission engineering must. It is also an important mechanical component in the nuclear power industry, petrochemical industry, water supply and heating, and civil fields.

I. Global valve industry data

In the past three years, the global production of valves in 19.5-20 billion sets, the output value of steady rise.

In 2019, the global output value of valves was 64 billion US dollars, in 2020, the output value of full ball valves was 73.2 billion US dollars, and in 2021, the output value of full ball valves was 76 billion US dollars.

In recent two years, due to global inflation factors, the output value of the valve has increased significantly. After deducting inflation factors, the output value of the global valve has basically remained at about 3%. It is estimated that by 2025, the global output value of valves will reach about $90 billion.