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Analysis of China's Centrifugal Pump Market and Its Prospects

发布日期：2019-07-27 23:55:00 点击数：4982 次新闻来源：

The centrifugal pump industry's production technology continues to improve and the downstream demand market continues to expand. The centrifugal pump industry is very promising in both domestic and international markets. The development of centrifugal pumps in China has been very good in recent years.
Experts predict that by 2020, China's centrifugal pump imports will reach an astonishing $5 billion, surpassing the US's $4.9 billion to become the world's largest importer of centrifugal pumps. At that time, it will be ranked three to six places in the centrifugal pump import: Japan, India, Germany and France. The development of the chemical industry is also an important factor in the increase in the import volume of centrifugal pumps in China. The third reason is energy development. In 2013, China will have twice the coal power generation capacity equivalent to the United States, and its coal power generation capacity will far exceed the EU. The energy industry will undoubtedly also enable China to import more centrifugal pump products.
The reason for this huge trend is precisely the municipal sewage treatment factors required by China's current rapid modern urbanization process. Asia’s billions of immigrants have come to the cities from rural areas, which has forced their countries to build more sewage treatment plants, especially in China. The development of the chemical industry is also an important factor in the increase of China's centrifugal pump imports. The third reason is energy development. In 2007, China holds the world's most advanced coal power generation technology. By 2013, China will have twice the coal power generation capacity equivalent to the United States, and its coal power generation capacity will far exceed the EU. The energy industry will undoubtedly also enable China to import more centrifugal pump products.
Asia’s billions of immigrants have come to the cities from rural areas, which has forced their countries to build more sewage treatment plants, especially in China. The development of the chemical industry is also an important factor in the increase of China's centrifugal pump imports. The third reason is energy development. In 2007, China holds the world's most advanced coal power generation technology. By 2011, China will have twice the coal power generation capacity of the United States, and its coal power generation capacity will far exceed the EU, and the energy industry will undoubtedly allow China to import more centrifugal pump products.
In 2010, China's centrifugal pump industry is facing a new development situation. As the number of newly entered enterprises continues to increase, the prices of upstream raw materials continue to rise, resulting in lower profits of the industry. Therefore, the competition in the centrifugal pump industry in China is becoming increasingly fierce. Faced with this situation, enterprises in the centrifugal pump industry should actively respond, focus on cultivating innovation capabilities, continuously improve their production technology, and strengthen their competitive advantages. At the same time, enterprises in the centrifugal pump industry should fully grasp the market operation of the industry. Continuously learn the latest production technology of the industry, understand the trend of national policies and regulations in the industry, and master the development of competitors in the same industry. Only in this way can enterprises fully understand the development of the industry and their position in the industry, and formulate the correct Development strategies to enable companies to take the lead in the brutal market competition.
It can be seen that under the stimulation of demand, the domestic centrifugal pump industry has gradually possessed certain technology and a large professional marketing service network in the long-term development. Therefore, according to the current growth rate of agriculture and hydropower industry, the growth of domestic centrifugal pump industry during the 12th Five-Year Plan period will continue to be maintained at more than 20%. At the same time, the encouragement of national policies has also promoted the development of the centrifugal pump industry to a certain extent. The prospect of centrifugal pumps in the next few years is very impressive.

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