Market Report on China Valve Industry 2010-2019

Dec., 19, 2015, Mumbai, India: Market Reports on China presents the report, on “Market Report on China Valve Industry 2010-2019”. As competition in global valve market grows increasingly fierce, many famous valve manufacturers have moved their plants from North America, Europe and Japan to China, India, Korea and Central Europe.

The competition among valve manufacturers is fierce and no one has yet monopolized the global market. "http://www.marketreportsonchina.com/industry-mfg-market-research-reports-1262/china-valve.html" Valve manufacturers in western European countries like Germany, Britain and France occupy a market share of 40%. In Asia and Pacific region, valve manufacturing and export concentrate in India, China and Japan, among which India is responsible for high-end product while China and Japan for low-end product. This brings second-mover advantage to newcomers who are free from entry barrier and bad restrictions.

As competition in global valve market grows increasingly fierce, many famous valve manufacturers have moved their plants from North America, Europe and Japan to China, India, Korea and Central Europe.

Since the reform and opening-up, China has witnessed a rapid development of valve industry and become the largest valve producer in the world. Currently, about 50% of valve parts as well as most valves in the world come from China given original equipment manufacturer. And China has also become the largest valve exporter in the world too.

Chinas valve output in 2014 was 10.319 million tons, increasing 28.9% year on year. In recent years, valve production has kept increasing not only in central air-conditioning industry but also in such rising industries as energy & power and steel industry.

Currently, China is the country with the largest number of valve manufacturers, i.e. over 3000. And Zhejiang, Wenzhou, Taizhou, Ningbo and Jinhua in particular, is Chinas largest manufacturing base and sales center of valve. But most enterprises...