Under the influence of the economic crisis, the adjustment of the global valve industry structure has shifted the focus, technology and investment of the world's top brand industry to China. Modern lifestyle and the concept of advocating leisure and natural sports have also driven the rapid growth of domestic valve market consumption demand.

          With the next "13th Five-Year Plan" of China's economic and social development, the period from 2016 to 2020 will soon begin. What opportunities and challenges will China's valve industry face during the 13th Five-Year Plan period? What kind of situation will the valve industry face in the future and the demand of the valve market as well as the problems existing in the industry, the response measures and the life cycle of the valve industry are all the research directions for the next development of the valve industry in China.

          Valves, as essential industrial equipment and important supporting machinery products in the national economy, are widely used in various fields of the national economy such as electricity, petrochemicals, metallurgy, environmental protection, coal, and in infrastructure construction such as water Conservancy and urban construction. Among them, oil, gas, energy, electricity, and chemical industry are the most important applications of valves. From 2010 to 2014, the market size of China's valve industry has increased rapidly.

          The advanced nature and reliability of valves are directly related to the normal operation of industrial installations and infrastructure. Technological changes and industrial innovations have had a huge impact on the valve industry. Over the years, through the introduction of technology, digestion, absorption and independent development, as well as technological transformation, the entire industry has generally improved the level of product development, design and manufacturing. With the exception of some high parameters and special valves, domestic valves can basically meet the needs of various fields and infrastructure construction of the national economy. At the same time, China's valve industry also faces a number of problems:

1). Valve industry market is not centralized, numerous enterprises, fierce competition.

2). The low and middle market competition is fierce, the high-end market monopoly competition.

3). The technology level, process level and material technology are relatively backward. At present, the world's largest valve companies in the valve industry are mainly concentrated in developed countries such as Europe, the United States, and Japan.

4). Our country valve starts late, industry norm and relevant policy and regulation still need to innovate, strengthen.

5). The adjustment of industrial structure and product structure will lead to system integration and automation of other valves.

          In addition, Valve maintenance services and replacement updates will become a new growth point for enterprise product sales. At the same time, the market demand for conventional valves has dropped sharply, and the reorganization and merger of the industry has accelerated. According to the demand of China's economic and social development, the development of new valve products should be developed in the direction of supporting valves for major projects such as thermal power, nuclear power, hydropower, large-scale petrochemicals, petroleum and natural gas pipelines, coal chemicals, and metallurgy. At the same time, special valves and oversized valves are developed for supporting terrestrial oil and offshore oil exploration equipment and supporting major engineering projects such as metallurgy, large-scale ethylene and high-pressure polyethylene. Develop new materials valves and various environmental protection valves for urban construction.

          For the Chinese valve industry, we need to start with the national policies faced by the industry, market demand analysis during the 13th Five-Year Plan period, and gap analysis at home and abroad. We need to formulate development goals and strategic positioning and strategic ideas, establish the target plans for science and technology and the key points for technological transformation, and put forward countermeasures and countermeasures. We will standardize the system and standards of the industry and develop machinery manufacturing with Chinese characteristics.