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Chemical machinery and equipment network market analysis chemical machinery and equipment
6 billion yuan
8 billion yuan
The overall price of upstream steel and copper raw materials tends to rise, leading to higher manufacturing costs of valve drive devices; the downstream chemical industry has a large application ratio.
In the first half of 2020, the fixed asset investment in chemical raw materials and chemical products manufacturing industry fell by 14.
2% year-on-year.
In the first half of 2020, the fixed asset investment in chemical raw materials and chemical products manufacturing industry fell by 14.
2% year-on-year.
The development thinking of the "14th Five-Year Plan" in the chemical industry is mainly to reduce production capacity, and the industry will have higher and higher requirements for valve energy saving and emission reduction performance in the future.
On the whole, affected by rising raw material prices and upgrading of market demand, the market size of the valve drive device industry may further shrink in the future.
On the whole, affected by rising raw material prices and upgrading of market demand, the market size of the valve drive device industry may further shrink in the future.
Industry chain: located in the middle reaches, rich in products
Industry chain: located in the middle reaches, rich in productsThe valve drive device is an important part of the valve and an important part of a large-scale complete set of equipment.
The industrial chain of the valve drive device industry includes upstream steel, copper and other raw materials, midstream electric, hydraulic, pneumatic, electro-hydraulic linkage and other drive device production and downstream chemical, oil and gas, water treatment and other specific application areas.
The industrial chain of the valve drive device industry includes upstream steel, copper and other raw materials, midstream electric, hydraulic, pneumatic, electro-hydraulic linkage and other drive device production and downstream chemical, oil and gas, water treatment and other specific application areas.
Upstream: Raw material prices of steel and copper have a big impact
Upstream: Raw material prices of steel and copper have a big impact In the valve drive device, the cost of steel, copper and corresponding external parts accounts for about 60% of the production cost.
Therefore, the price fluctuation of steel and copper materials directly affects the manufacturing cost of the valve drive device; at the end of December 2020, the price increase of steel (plate) steel will expand, and the cost of the valve drive device industry will increase.
In January 2021, steel prices have declined, but they are still relatively high compared to 2019-2020.
According to the price transmission mechanism, the production cost of the valve drive device industry will be affected to a certain extent in the future, which will affect the profit of the industry.
Therefore, the price fluctuation of steel and copper materials directly affects the manufacturing cost of the valve drive device; at the end of December 2020, the price increase of steel (plate) steel will expand, and the cost of the valve drive device industry will increase.
In January 2021, steel prices have declined, but they are still relatively high compared to 2019-2020.
According to the price transmission mechanism, the production cost of the valve drive device industry will be affected to a certain extent in the future, which will affect the profit of the industry.
According to the copper price index data of the China Hardware & Electrical Index, the domestic copper price index showed a fluctuating development trend as a whole.
The 2020 price index is 75.
86.
This is slightly higher than in 2019, and the price increase in 2021 will be larger.
As of January 2021, the copper price index in 2021 has risen to 91.
27.
Rising prices are not conducive to reducing production costs in the valve drive device industry, and will affect industry revenue and profits.
The 2020 price index is 75.
86.
This is slightly higher than in 2019, and the price increase in 2021 will be larger.
As of January 2021, the copper price index in 2021 has risen to 91.
27.
Rising prices are not conducive to reducing production costs in the valve drive device industry, and will affect industry revenue and profits.
Midstream: the cost of the blank and the driving device accounted for about 70%
Midstream: the cost of the blank and the driving device accounted for about 70% The valve drive device is one of the main components of the valve, and its cost occupies an important part of the valve cost.
According to the prospectus of Jiangsu Shentong Valve, the cost of the valve blank and driving device accounted for about 70%.
According to the prospectus of Jiangsu Shentong Valve, the cost of the valve blank and driving device accounted for about 70%.
Take nuclear power valves as an example.
According to the prospectus of Jiangsu Shentong Valve, blanks and driving devices account for the main proportion.
The cost of nuclear power valves accounted for 66.
77%, more than half of the proportion; other materials accounted for 19.
7%.
According to the prospectus of Jiangsu Shentong Valve, blanks and driving devices account for the main proportion.
The cost of nuclear power valves accounted for 66.
77%, more than half of the proportion; other materials accounted for 19.
7%.
The market scale of the valve industry reaches 179.
6 billion yuan
The market scale of the valve industry reaches 179. 6 billion yuan
6 billion yuan
According to data from China General Machinery Industry Association, from 2016 to 2019, the number of enterprises above designated size in the valve industry in my country fluctuated.
From 2016 to 2018, the number of industry companies showed a downward trend.
In 2018, there were 1,702, a decrease of 0.
7% year-on-year, which was a historical low; in 2019, the number of industry companies rebounded to 1,809, a year-on-year increase of 6.
29%.
From 2016 to 2018, the number of industry companies showed a downward trend.
In 2018, there were 1,702, a decrease of 0.
7% year-on-year, which was a historical low; in 2019, the number of industry companies rebounded to 1,809, a year-on-year increase of 6.
29%.
The valve industry is an important part of my country's general machinery industry.
With the development of the general machinery industry, the valve industry continues to develop.
According to China Machine Economics, China's valve supply fluctuates from 2015 to 2020.
From January to November 2020, my country's valve supply volume was 5,146,200 tons, a year-on-year decrease of 8.
67%.
With the development of the general machinery industry, the valve industry continues to develop.
According to China Machine Economics, China's valve supply fluctuates from 2015 to 2020.
From January to November 2020, my country's valve supply volume was 5,146,200 tons, a year-on-year decrease of 8.
67%.
From 2016 to 2019, the main business income of enterprises above designated size in my country's valve industry increased first and then declined.
In 2017, it reached 248.
63 billion yuan, an increase of 8.
17% year-on-year, reaching the highest level in the past five years.
From 2018 to 2019, affected by the trade war, the market was blocked.
In 2019, the main operating income of enterprises above designated size in the valve industry in my country fell by about 10.
1% to about 179.
6 billion yuan.
Although the revenue continued to decline, the rate of decline slowed down.
In 2017, it reached 248.
63 billion yuan, an increase of 8.
17% year-on-year, reaching the highest level in the past five years.
From 2018 to 2019, affected by the trade war, the market was blocked.
In 2019, the main operating income of enterprises above designated size in the valve industry in my country fell by about 10.
1% to about 179.
6 billion yuan.
Although the revenue continued to decline, the rate of decline slowed down.
The valve drive device market scale is about 89.
8 billion yuan
The valve drive device market scale is about 89. 8 billion yuan
8 billion yuan
According to the cost of the main raw materials (blanks and driving devices) of the valve accounting for about 70%, the cost of the valve driving device is conservatively estimated to account for 50%.
After calculation, the market size of the valve driving device industry in my country in 2019 is about 89.
8 billion yuan, a decrease of 10.
1 %.
After calculation, the market size of the valve driving device industry in my country in 2019 is about 89.
8 billion yuan, a decrease of 10.
1 %.
Downstream: high demand, large proportion of applications in the chemical industry
Downstream: high demand, large proportion of applications in the chemical industry Valves and valve drive devices have a wide range of applications.
Oil and gas, energy, power, and chemical industries are important application areas for valves.
According to Valve World's statistics, in the application fields of domestic industrial valves, the chemical, energy, power and oil and gas industries are the three important valve markets.
The market demand for valves accounted for 25.
70% and 20.
10% of the total domestic industrial valve market demand.
And 14.
7%, which together account for 60.
50% of the total market demand.
It can be seen that the chemical industry has a wide range of applications.
Oil and gas, energy, power, and chemical industries are important application areas for valves.
According to Valve World's statistics, in the application fields of domestic industrial valves, the chemical, energy, power and oil and gas industries are the three important valve markets.
The market demand for valves accounted for 25.
70% and 20.
10% of the total domestic industrial valve market demand.
And 14.
7%, which together account for 60.
50% of the total market demand.
It can be seen that the chemical industry has a wide range of applications.
Affected by the increase in raw material prices, the production cost of the valve drive device industry has risen; in addition, the chemical industry is an industry with a high proportion of valve drive device applications.
According to national* data, the fixed asset investment in the chemical raw material and chemical product manufacturing industry in the first half of 2020 is year-on-year A decrease of 14.
2%.
According to national* data, the fixed asset investment in the chemical raw material and chemical product manufacturing industry in the first half of 2020 is year-on-year A decrease of 14.
2%.
The development thinking of the "14th Five-Year Plan" in the chemical industry is to reduce production capacity and make up for shortcomings as the core, to adjust the structure and promote upgrades as the main line, to advance the supply-side structural reform into a new stage, and to focus on guiding downstream industries to realize transformation.
In the future, the industry will have higher and higher requirements for valve energy-saving and emission-reduction performance.
In the future, the industry will have higher and higher requirements for valve energy-saving and emission-reduction performance.
On the whole, affected by rising raw material prices and upgrading of market demand, the market size of the valve drive device industry may further shrink in the future.
For more data, please refer to the "China Valve Driven Industry Development Prospect Forecast and Investment Strategic Planning Analysis Report" issued by the Qianzhan Industry Research Institute.
At the same time, the Qianzhan Industry Research Institute provides industrial big data, industrial planning, industrial declaration, industrial park planning, and industrial investment promotion.
Solutions such as investment attraction and IPO fundraising feasibility study.
At the same time, the Qianzhan Industry Research Institute provides industrial big data, industrial planning, industrial declaration, industrial park planning, and industrial investment promotion.
Solutions such as investment attraction and IPO fundraising feasibility study.
Original title: Analysis of the status quo and development trend of China's valve drive device industry industry chain in 2021 The future market scale will shrink
