May 05, 2024

China's pump valve industry is fiercely competitive

China's pump valve industry is fiercely competitive In recent years, the domestic valve and valve casting industry has developed rapidly, but there are still many problems in its industry development. Due to the long-term price war in the domestic pump and valve industry, the pump and valve industry has been stuck in the middle and low position of the world's valve industry for a long time. In the development of the domestic foundry industry, pump and valve casting companies should solve problems such as energy-saving electricity, shortage of employment, and national policies. At the same time, they should pay more attention to the development of the industry and make appropriate adjustments according to the operating conditions of the company in order to make the future better. Fast development.

Therefore, our country's valve and valve industry must start from changing the competition mode and change the weak status of China's pump and valve industry.

Domestic large, medium and small pump and valve companies are located throughout the country. Because of the contradiction between production capacity and market supply and demand, price wars are being carried out among pump and valve industries across the country. However, the price war makes the domestic valve and valve industry fall into a very difficult situation. The economic benefits appear to be low, the profitability of the company continues to decline, and the market is in chaos.

It is reported that due to many outstanding problems in the domestic valve casting industry, enterprises with backward production capacity will be phased out to reduce the burden on the industry. Because domestic and foreign markets demand for pump valve castings are inseparable from SMEs, it will require a longer-term phase-out transition.

Luo Baihui, the secretary-general of the International Modeling Association pointed out that at that time, the domestic valve casting industry will continue to work hard to gradually increase the overall quality of the valve castings. This is a challenge for the downstream valve industry, which will increase production costs and product quality. The promotion.

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