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The sustained and stable growth of the global economic aggregate has led to the development of downstream industries such as oil and gas, electricity, water treatment, chemical industry, and urban construction. Industrial valve industry analysis pointed out that the global industrial valve industry is developing rapidly, and the industrial valve industry has also achieved rapid development, and the global industrial valve market size increased to $123.56 billion in 2019. Industrial valve industry layout pointed out that in 2019, China's industrial valve market size was 12 billion US dollars, accounting for 19.5% of the world. According to the speed of development and investment in domestic industries, the proportion of the domestic industrial valve market in the world is steadily increasing, the global industrial valve market size of about 64 billion US dollars in 2020, China's proportion will reach 20%-21%, the domestic market size of about 12.8-13.5 billion US dollars in 2020. From the market level, most of the domestic valve enterprises are in the low-end market of the valve industry. Low-end market valve products have strong versatility, low technical content, low entry threshold, many industry enterprises, the industry as a whole shows a high level of competition, and market concentration is very low. With the increasing number of new entrants in the industry, competition will be more intense, and the profit level of the low-end valve market will also decline. From the perspective of enterprise layout, the domestic valve industry is accelerating the reshuffle, and large valve manufacturers will stand out in the future. On the one hand, small and micro enterprises with substandard operations and low core competitiveness gradually withdrew from the market, while the market share of domestic large valve enterprises increased steadily. On the other hand, the volume of domestic valve enterprises still has a large room for improvement to the standard international giants (only Newey revenue of more than 2 billion yuan, about 7-8 in 1-2 billion yuan), the author believes that with the recovery of the downstream market and the improvement of international competitiveness of enterprises, the domestic leading market share represented by Newey will continue to increase in 2020. It is expected that the world's high-end industrial valve leading enterprises will be born. At present, China's industrial valve production enterprises are mainly concentrated in Zhejiang, Jiangsu and Shanghai and other places, there are 26 valve companies in Shenzhen, Shanghai, Hong Kong and new third board market trading. The industrial layout of the industrial valve industry pointed out that the 26 valve companies have large and small scales and different product types, which truly reflects the operating status of domestic valve enterprises to a certain extent. In 2019, 17 of the above 26 enterprises had revenues of more than 100 million yuan, of which Newey's revenue and net profit were in the leading position in the industry. China has been able to produce more than 3,000 models, more than 40,000 specifications of industrial valve products. Categories include gate valves, globe valves, throttle valves, plug valves, ball valves, butterfly valves, diaphragm valves, check valves, safety valves, reducing valves, traps and regulating valves, a total of twelve categories. Petrochemical and coal chemical valve products, long distance pipeline matching valves are as the "13th Five-Year" industrial valve industry new product development work. In general, the volume of China's industrial valve enterprises is still small compared with foreign giants, and the market pattern is more dispersed. China's industrial valve industry shows low-end industrial valve overcapacity, mid-end industrial valve market competition, high-end and special industrial valve market foreign enterprises monopoly pattern, it is expected that the improvement of the prosperity of the downstream industry will drive the increase in related fixed asset investment, and then drive the growth of industrial valve demand, the above is the industrial valve industry layout analysis of all content.

In recent years, domestic hardware industrial valve enterprises have gradually shown a trend of outward development. The number of enterprises in the hardware valve industry is relatively large, in order to survive, have to fight a price war, resulting in the entire industry is in trouble. Low added value China's valve industry in the industrial structure, industrial valve industry chain, as well as the degree of specialization of the industry and foreign enterprises have a large gap caused by the low quality of domestic valve products is the reason: due to the rapid expansion of the market, the original state-owned valve enterprises have shut down and turn. Although township enterprises have developed rapidly, due to weak technical strength and simple equipment, most of the products are imitated. The whole industry is affected by the domestic and foreign economic environment, there is a slight decline in economic indicators, and it is also the first negative downward situation after nearly 10 years of continuous growth. The total industrial output value of the main indicators was 6.537 billion yuan, down 2.9% from 6.510 billion yuan in the previous year. The chairman of an association also pointed out that under the situation of comprehensively deepening reform in the total year, the production and sales of the whole industry still maintained a good trend. The total output value of industrial sales in the main indicators was 6.363 billion yuan, down 0.97% from 6.425 billion yuan in the previous year. It marks that Weifang Valve Association member enterprises do a good job in valve production at the same time, insist on doing a good job in valve product sales, open up domestic and foreign markets. In the face of the current economic crisis and the increasing market competition, valve enterprises urgently need the guidance of real combat marketing experts to carry out targeted planning according to the problems encountered by the current enterprise, what does the enterprise need? It is in the publicity, development, competition, what problems need to be solved in the market, etc., these must be clear, the planning object determines the planning content, and must be matched. (Recommended by valve manufacturers: China Guowei Valve Manufacturing Co., LTD.) Therefore, only by adjusting its own structural characteristics, repositioning; According to their own innovation and efforts; To take the external market expansion, brand shaping, to establish a market influence and industrial chain appeal of the dominant brand.

The competition in the control valve market is relatively moderate, with several major companies involved. With the growing demand for control valves, many new companies are also opening up customers in emerging economies in an effort to increase their market share. Control valves can be segmented into markets by valve design type (globe valves, ball valves, butterfly valves, Angle valves, diaphragm valves, others), end-user industries (Oil & Gas, chemical, energy & Power, Pharmaceutical, Food & Beverage, other end-user industries) and region. Market overview: In 2020, the control valve market size was $10.12 billion and is expected to reach $12.19 billion by 2026, with a compound annual growth rate of 3.67% during the 2021-2026 reporting period. Investment in pipeline and infrastructure development is expected to stimulate the market demand for control valves. Major industries such as oil and gas and pharmaceuticals are moving toward valve technologies with embedded processors and networked capabilities to coordinate complex monitoring technologies through a central control station. In addition, due to the rapid growth in the number of solar power plants, the advancement of renewable energy projects has expanded the application field of control valves. The expansion of power infrastructure and the supply of natural gas in the United States is also expected to lead to the construction of several new plants for combined cycle gas turbines (CCGT), and accordingly drive the demand for control valves during the reporting period. A control valve controls the flow of a fluid, such as a gas, steam, water, or compound, to compensate for load perturbations and to bring the variables produced by the regulation process as close as possible to the desired set point. Control valves are the most important part of any process control loop because they are critical to the overall performance of the process, especially in processes where reliability and productivity are the primary objectives. Key market trends: (1) The pharmaceutical industry occupies a major market share Advances in sensor and valve technology allow pharmaceutical companies to reduce total cost of ownership, maximize uptime and reduce maintenance costs to increase manufacturing capabilities. The actuator head of the control valve can be rotated 360° for flexible installation and optimized alignment of the intake ports. This, in turn, reduces overall installation costs for new and existing projects and optimizes the integration of actuators during the manufacture of the compact valve array. New technologies adopted by pharmaceutical companies help the control valve industry to develop and introduce new components that, together with sterile valves, bring a high level of control, complete and accurate valve status. (2) Notable growth in the Asia-Pacific region Growing populations are increasing urbanization, and the region's expanding middle class is driving demand for the oil and gas, power, and chemical industries, such as China, India, Japan, and other emerging countries and regions in the region. In addition, rapid industrialization and growing transportation sectors in these countries and regions are expected to increase the demand for oil and gas. The need to provide drinking water for China's growing population is also driving the construction of desalination plants, further stimulating the demand for control valves. Waste and wastewater management is also a huge market driving the demand for control valves.