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February 02, 2024

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

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.

Corrosion Resistant Stainless Steel Gate Valve

Petrochemical industry: 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.
Refining industry: After 60 years of development, my country's refining industry has rapidly expanded its production scale. Driven by a series of policy measures, the output value and output of my country's oil refining industry continued to grow in 2010, structural adjustment was gradually advanced, and the good development momentum continued. In 2010, the oil refining industry achieved an output value of 2,425.2 billion yuan, a year-on-year increase of 38%. Therefore, it can also be seen that the Gate Valve application market space in my country's oil refining industry is huge.
Nuclear power industry: Gate Valve are the basic equipment of nuclear power equipment in this industry, accounting 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.
In addition, Gate Valve are required in the construction and boiler industries as well as special industries. In particular, spring-type Gate Valve have a wide range of uses and are used in many companies. This fully shows that the development of Gate Valve is very rapid and has a good prospect.
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