In the last decade, with the development of the safety valve industry in China, the variety and specifications of safety valves are also increasing, and more and more industries are applying safety valves, such as petrochemical industry, oil refining industry, nuclear power industry, thermal power industry are widely used. And more and more industrial applications also have more new requirements for safety valve products, and the quality and technical requirements for safety valves are also getting higher and higher.
Petrochemical Industry: The petrochemical industry has always been very competitive, the safety valve equipment requirements are the most stringent, the future safety valve will cooperate with industrial automation, promote the overall level of safety valve equipment, development of multi-functional, high efficiency, low consumption petrochemical safety valve equipment. The annual output value of China’s petrochemical enterprises is 100 billion, which shows that China has a large safety valve market (valves, pumps) , we should consider from the perspective of market changes, to ensure stable development.
Oil Refining Industry: After 60 years of development, the scale of production has expanded rapidly. Driven by a series of policies and measures, China’s oil refining industry in 2010 continued to grow in output value and output, gradually advancing structural adjustment, and continue to maintain a good momentum of development. In 2010, the oil refining industry realized an output value of 2,425.2 billion yuan, an increase of 38 percent year on year. Therefore, we can also see that China’s oil refining industry safety valve application market space is huge.
Nuclear Power Industry: Safety Valve in this industry as the basic equipment of nuclear power equipment, roughly 5-10% of the capacity. China will continue its nuclear power development plan, with 40 gw of installed capacity in 2015 and 75 gw in 2020, and will restart approvals for new nuclear power projects around MID-2012. So in this area to continue to launch new products, new equipment to meet market demand.
In addition, construction and boiler industries as well as special industries require the application of safety valves. In particular, the spring-type Safety Valve is very widely used in many enterprises have been used, which fully shows that the development of safety valve is very fast, good prospects.
Post time: Nov-25-2021