Stainless steel pump valve has huge development space

With the advancement of China's industrial and agricultural advancement and the continuous improvement of urbanization, stainless steel pump valves still have enormous room for growth in the Chinese market.

It is reported that at present, China's petrochemical industry is moving in the direction of large-scale, large-scale and internationalization, and it will maintain sustainable development in the next five years. Tens of thousands of tons of oil refining equipment and one million tons of ethylene equipment will be newly built, renovated and expanded domestically, opening up a vast market for the demand for petrochemical pumps. In addition, various types of pumps currently in operation at various refineries in the country have become obsolete and are in urgent need of renewal and transformation.

The development direction of Sinopec's pumps in the next five years will be large-scale, high-speed, mechanical and electrical integration, as well as complete sets of products, standardization, serialization and generalization. In particular, the production technologies of high-temperature pumps, cryogenic pumps, cryogenic pumps, precision metering pumps, anti-corrosion pumps, and delivery of viscous media and pumps with solid particles and canned pumps will rapidly develop and the demand will increase significantly.

China's apparent consumption has reached a quarter of the world's highest level and close to the global total consumption. The per capita consumption of stainless steel has reached 3.4KG, ranking the forefront of developing countries. The stainless steel pump has excellent characteristics such as corrosion resistance, high strength, light weight and long service life. In recent years, stainless steel pumps have been widely used in shipbuilding, rail vehicles and other transportation industries. With the development of machinery manufacturing, stainless steel pumps will have a broader application prospects. However, the growth rate of consumption has gradually slowed down, and the ultra-high-speed development stage with an average annual growth rate of over 30% has changed into a steady development stage with a current growth rate of 6.43%.

Therefore, the stainless steel pump valve in our country will have great room for development is enormous, will not be affected by China's current pump valve volume, and the stainless steel pump valve will gradually replace some of the previous material of the other pump Valves for industrial and agricultural and social life services.