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2022-12-13 00:00:00
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In the plumbing valve and accessories industry, the products are mainly used in water supply and drainage, HVAC engineering, fire protection and other fields. The valve is a control component in the fluid delivery system, which has the functions of diversion, closure, regulation, throttling, prevention of backflow, diversion or overflow relief.
In recent years, the manufacturing of industrial products in the world has shifted to developing countries or regions such as China. There are many enterprises in the plumbing valve and accessories industry, but most of them are small in scale and have low market concentration.
The manufacturing industry of plumbing valves and accessories in China has a high degree of marketization and fierce competition. Enterprises seek new profit points to achieve further growth in scale. Domestic civil valve products are mostly oriented to the low-end valve market, showing the characteristics of low technology content and high versatility, resulting in fierce competition in the low-end market, insufficient competitiveness in the high-end market, and low industry concentration. With the constant acceleration of technological innovation, market resources are increasingly concentrated in enterprises with strong technical R&D strength, and there is a development trend of "high-end technology" and "complete set of products".