Company Details
Cangzhou Cencho Tech Solution Co., Ltd.
Business Type:Manufacturer
Main Mark: Italy, Korea, Australia, America, Canada, France, The U.K., Japan and etc
Exporter: 60%-70%
Certs: CE, IS9001
Description: Cangzhou Cencho Tech Solution co.,Ltd was established in 1997. After 20 years of hard work, the company integrates design, development, manufacturing, processing and sales services.
Home >> News

Supply and Demand Status of Stainless Steel Ball Valve Market

Oct. 16, 2020

Speaking of Stainless Steel Ball Valves, I believe everyone will not be unfamiliar. Nowadays, stainless steel ball valves are widely used in my country. But before this, a well-known stainless steel ball valve manufacturer told the media that the market supply and demand is out of balance, and the stainless steel ball valve industry has been declining and adjusting for four years, or it will continue. At present, in the case of relatively prominent problems such as financing difficulties and expensive financing, business operations continue to be vigilant against increasing risks.

At present, the world economy continues to grow at a low speed, and risk factors have increased. In the first quarter, my country's mechanical product exports are still running at the bottom, and their exports to the EU, Japan, Russia and Africa and Latin America are all declining. Domestically, the growth rate of private investment in the first quarter has fallen sharply, and it is still difficult to stabilize investment growth. It takes time to drive the increase in Stainless Steel Valves.

Stainless Steel Ball Valves

Stainless Steel Ball Valves

The manufacturer also stated that in the adjustment of the industry, some companies have given full play to their technological and industrial advantages, and their innovation capabilities, brand and product quality have been significantly improved. At the same time, "One Belt One Road", "Made in China 2025" and a series of stable growth policy measures and related measures issued by the state will stimulate economic growth and benefit the industry gradually.

In addition, in order to help companies further expand domestic and foreign markets, the government actively organizes Asia’s largest oil pipeline exhibition, Shanghai International Pump, Pipe and Valve Exhibition, China International Construction Water Supply and Drainage Exhibition and other exhibitions focusing on the recruitment of international businessmen. On the basis of maintaining long-term cooperation with overseas industry associations such as the British Construction Equipment Association, they have increased their overseas publicity and released exhibition information to Europe, the United States, the Middle East, Southeast Asia and other places in a timely manner to actively find ways for companies to go out. At the same time, my country's Stainless Steel Valves Manufacturer also need to seize the opportunity, actively innovate products, based on the domestic basis, and concurrently develop into the international market.