China Valve Industry Sales Worth $8.79B in 2014: Global Analysis and 2018 Market Forecast Report
DALLAS, November 13, 2014 /PRNewswire/ --
RnRMarketResearch.com adds Global and China Valve Industry Report, 2014-2018 market research that says in 2008-2013, sales of China's valve industry grew at a CAGR of 7.3%, significantly higher than that of the globe, and expected to hit USD8.79 billion in 2014. Subject to slackening economic growth and weakening downstream demand around the globe, sales of valve industry worldwide posted a CAGR of merely 3.3% during 2008-2013.
According to Global and China Valve Industry Report, 2014-2018, valve as one of the key devices in flow control system is principally applied in petroleum & gas, energy & power and chemical areas. Under the influence of nuclear power restart in 2014, China's nuclear power valve market has seen a gradual pickup. It is estimated that the investment in nuclear power valve in the country will fly to RMB9.5 billion in 2015. Globe valve, diaphragm valve and ball valve (three major fields of nuclear power valves) will usher rapid development, accordingly.
Besides, driven by policies e.g. old-for-new and energy efficient air-conditioner subsidy, the air conditioning valve market is rising steadily over the years. In 2013, market capacity of four-way valve and globe valve for air conditioner in China reached 110 million units and 220 million units separately, both up 6.7% over a year earlier. Currently, global valve manufacturers such as Emerson, Pentair and KITZ are mainly concentrated in the United States, Japan and other developed countries. In China, there are mainly Neway Valve (Suzhou) Co., Ltd., CNNC Sufa Technology Industry, Inc. and so forth.
Complete list of companies discussed in Global and China Valve Industry Report, 2014-2018 include Pentair, Emerson, Crane, Flowserve, Cameron, KITZ, Rockwell International, KBS, Velan Engineering, Tyco, CNNC Sufa Technology Industry Co., Ltd., Jiangsu Shentong Valve Co., Ltd., Zhejiang Sanhua Co., Ltd., Zhejiang DunAn Artificial Environment Co., Ltd., China Valves Technology, Inc., Neway Valve (Suzhou) Co., Ltd., Jiangnan Valve Co., Ltd., Yuanda Valve Group Co., Ltd., Zhejiang Petrochemical Valve Co., Ltd., Dalian DV Valve Co., Ltd., Zhejiang Chaoda Valve Co., Ltd. and Lanzhou High Pressure Valve Co., Ltd. Order a copy of this report at http://www.rnrmarketresearch.com/contacts/purchase?rname=240158 .
At the end of 2013, Emerson acquired Virgo Valves and Controls, Ltd., a leading manufacturer of ball valves and automation systems based in India which focuses on production of ball valves, high-performance butterfly valves, etc.
In August 2014, Pentair's safety valve steam test center in Qingpu production base, Shanghai was put into formal use, which would further expand the company's comprehensive abilities in production, assembling, marketing, commissioning, maintenance and repair in China.
As the largest valve producer in China, Neway Valve (Suzhou) Co., Ltd. was listed on the Shanghai Stock Exchange in January 2014, with funds raised of about RMB880 million used for 35,000 sets/a large-diameter valve and special valve project, 10,000 sets/a petroleum valve and equipment project, etc.
CNNC Sufa Technology Industry Co., Ltd. is a major nuclear power valve manufacturer in China, at the cutting edge of three generations of domestic nuclear power valves; now, it is accelerating R&D of isolating valve, squib valve and others for nuclear power stations. In the first half of 2014, its revenue from nuclear power valve and nuclear chemical valve reported 48.9% and 442.1% surges year on year respectively.
In summary, the Global and China Valve Industry Report, 2014-2018 provides the following major data and information:
- Market size, market pattern, etc. of global valve industry;
- Development environment, market size, competitive landscape, import & export, etc. of China valve industry;
- Market capacity, market competition, etc. of major downstream applications of value;
- Operation, revenue structure, layout in China, etc. of 10 valve companies abroad;
- Operation, revenue structure, competitive edge, etc. of 12 Chinese valve manufacturers.
On similar lines, Market Research Report on Global and Chinese Control Valve Industry, 2009-2019 reviews the basic information of Control Valve including its classification, application and manufacturing technology; The report then explores global and China's top manufacturers of Control Valve listing their product specification, capacity, Production value, and market share etc.; The report further analyzes quantitatively 2009-2014 global and China's total market of Control Valve by calculation of main economic parameters of each company; The breakdown data of Control Valve market are presented by company, by country, and by application; The report also estimates 2014-2019 market development of Control Valve Industry. The report then analyzes the upstream raw materials, downstream clients, and current market dynamics of Control Valve Industry. In the end, the report makes some proposals for a new project of Control Valve Industry and a new project of Control Valve Industry before evaluating its feasibility. Overall, the report provides an in-depth insight of 2009-2014 global and China Control Valve industry covering all important parameters. Once ordered online (http://www.rnrmarketresearch.com/market-research-report-on-global-and-chinese-control-valve-industry-2009-2019-market-report.html ), this report will take 2-3 business days to be delivered.
The World Industrial Valves to 2017 market research report says global demand for industrial valves is forecast to grow 5.1% per annum through 2017 making this industry worth more than $80 billion. Although growth will be healthy across the globe (spurred by recovery from the recent economic downturn), the drivers of industrial valve industry growth will vary by region. Advances in developing areas such as China and India will result from industrialization, as investment in water infrastructure and electricity generation grows. In developed areas, continued advances in manufacturing output will provide growth in the process manufacturing market. Oil producing nations such as those in the Middle East will post gains due to rising drilling activity. In the US, the industrial valves industry demand will benefit from the boom in hydraulic fracturing in the oil and gas market, as well as from the improved economy. China emerged as the largest producer of industrial valves in 2012. China has developed the largest trade surplus in the world, and it is expected to grow through the forecast period. Germany, Italy, and Japan are also major net exporters, each with a surplus of over $1 billion in 2012. Complete report is available at http://www.rnrmarketresearch.com/world-industrial-valves-to-2017-market-report.html .
Explore more report son the valves industry at http://www.rnrmarketresearch.com/reports/manufacturing-construction/machines-equipment/valves .
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