The development prospects of Gate Valve in petrochemical and nuclear power industries

More and more industrial applications have new requirements for Gate Valve products, and the quality and technical requirements for Gate Valve are getting higher and higher. With the development of my country's Gate Valve industry, the varieties and specifications of Gate Valve are also increasing, and Gate Valve are used in more and more industries, such as the petrochemical industry, oil refining industry, nuclear power industry, etc. They are widely used.

The competition in the petrochemical industry has always been fierce, and the requirements for Gate Valve equipment are also the most stringent. In the future, Gate Valve will cooperate with industrial automation to promote the improvement of the overall level of Gate Valve equipment and develop multi-functional, high-efficiency, low-consumption petrochemical Gate Valve equipment. The annual output value of my country's petrochemical enterprises is over 100 billion, which shows that my country has a large market for Gate Valve (valves, water pumps). We should consider it from the perspective of market changes and ensure stability and development.
As the basic equipment of nuclear power equipment in this industry, Gate Valve account for approximately 5-10% of the capacity. China will continue its nuclear power development plan, reaching 40GW and 75GW of nuclear power installed capacity in 2015 and 2020 respectively. China will restart the approval of new nuclear power projects around mid-2012. Therefore, new products and equipment must be continuously introduced in this field to meet market demand.