Instrument valve is a pipeline attachment, is now widely used to control the transport of fluids such as water, oil and gas fluid, much market users attention. So what is the trend of instrument valve industry, instrument valve market prospects?
After years of development, the number of China's valve business ranks first in the world, all kinds of valve companies about 6,000. Valve as a fluid transport components, in recent years, with the national economic growth, the valve industry has developed very rapidly.
From January to November 2007, the valve manufacturing industry in China achieved a total industrial output value of 84,288,398 thousand yuan, an increase of 31.47% over the same period of the previous year. The total product sales revenue reached 80,571,055 thousand yuan, up 29.36 percent over the previous year. Total accumulated profit was RMB5,772,097,000, an increase of 44.16% over the same period of last year. From January to August 2008, China's valve and cocks manufacturing industry achieved a total industrial output value of RMB73,321,603,000, an increase of 27.02% over the same period of the previous year; total sales revenue of RMB70,451,147,000 was realized, an increase of 27.27% over the same period of last year; Total profit of 4,470,009,000 yuan, an increase of 15.37% over the previous year.
In the "11th Five-Year Plan" and in the coming years, there will be a large demand for valves in various industries such as China's petrochemicals, natural gas, metallurgy, electric power and urban construction. It is estimated that during the "11th Five-Year Plan" period, the total demand for valves in China will Reached 34.5 billion yuan, therefore, the valve industry has a huge market space for development. Therefore, the instrument valve market prospects are very predictable.
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