Valve Industry Report, 2012-2015

From 2003 to 2009, China's valve industry experienced a period of rapid growth, with a CAGR of 33.5%. But in recent years, affected by economic crisis, the valve market demand started to slow down from 2010 onwards, and China's valve output growth rate fell accordingly, down to 8.9% till May, 2013. In point of market competition pattern, China's valve production features a high degree of regional concentration, mainly in Zhejiang, Henan, Jiangsu, Liaoning, Fujian and other provinces and cities. In 2012, output from the top five provinces accounted for 74% of the total. However, due to the small scale and weak financial strength of domestic valve companies, the market concentration is lower than other countries.   Since 2009, China has ranked first worldwide in valve export scale. In 2012, the export volume gradually converged in large companies, with export products showing diversification; the top few export destinations remained basically unchanged from th

Original Post Global and China Valve Industry Report, 2012-2015