Valve as a result of the global market more competitive, many of the world's leading manufacturers of valves closed in North America, Europe and Japan, the factory moved to China, India, South Korea and China and the EU in order to reduce manufacturing costs valve and increase sales. With China's development and utilization of oil and natural gas to increase the strength of China valve market growth, which makes the majority of valve manufacturers set up factories in China even more important. Thus, the valve appeared of foreign companies set up factories in China's boom, and some enterprises in China and even a number of factories, so as to shorten the transport distance and delivery time.
In 2004, the United States Association valve valve market share of the United States reached 3.18 billion U.S. dollars; the other, according to data on China General Machinery Association, China's valve market exceeded 20 billion yuan by the year 2010, China's domestic demand valve will reach 34.5 billion yuan. The global market sales of all types of valves in about 40 billion U.S. dollars. China Statistical valve more than 2,000 manufacturers, together with other developed and developing countries more than 1,400 valve manufacturers, occupy 80% of global market share; more than 10 other companies hold a joint valves 20 % market share.
Many different types of valves, uses also a wide range of oil and natural gas industry has been the largest valve buyers market. Figure 1 gives the valve in various fields of usage situations. From Figure 2, we can see, oil (including oil refining), the largest amount of natural gas, accounting for 37.4% of the total volume; the field of energy consumption to 21.3% in the valve; the third is the chemical industry, 11.5%; Then the field of water treatment and sewage treatment, 11.4%. valve ball valve gate valve check valve globe valve butterfly valve
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