[oil, gas industry]
The
In North America and some developed countries, there are many oil projects to be built or expanded. In addition, as people pay more and more attention to environmental protection, the country has established environmental protection laws and regulations. Therefore, the refineries established many years ago must be rebuilt, so in the future several During the year, the funds invested in oil development and refining will maintain its growth momentum. The construction of long-distance oil and gas pipelines in China and the construction of long-distance pipelines in Russia in the future will directly promote the growth of the oil industry's valve market. Based on the long-term development of the oil, natural gas development and transmission valve markets, it is predicted that the demand for valves for oil and natural gas development and transportation will increase from US$8.2 billion in 2002 to US$14 billion in 2005.
The
[energy industry]
The
For a long time, the energy industry's demand for valves has maintained a solid and stable growth rate. The total power generation of thermal power stations and nuclear power stations built worldwide is 2 679 030 MW, and that of the United States is 743 391 MW. The power generation of new power station projects in other countries is 780 000 MW, and will increase by 40 % in the next few years. The energy market in Europe, South America, Asia, and especially China will become the new growth point for the valve market. From 2002 to 2005, the energy market's demand for valve products will increase from US$5.2 billion to US$6.9 billion, with an average annual increase of 9.3%.
The
【chemical industry】
The
The chemical industry ranks first in the industry with more than $1.5 trillion in output value, and it is also one of the largest demand markets for valves. The chemical industry needs mature design, high processing quality, and industrial rare material valves. In recent years, competition in the chemical market has become extremely fierce. Many chemical manufacturers have to cut costs and expenditures. However, in 2003-2004, the output value and profit of the chemical industry doubled, and the demand for valve products ushered in 30 years of new The peak, after 2005, the chemical industry demand for valve products will increase at a growth rate of 5% per year.

In general, the price of China's valve market is relatively stable. Although there is a slight increase and decrease every year, the range is very small. Through the analysis of the valve market is not difficult to find, China's valve product market has a good development prospects, but must be through the standardization of market order and strict management, eliminate vicious competition, here calls the conscience of the industry and the government's quality supervision.