In the application field of domestic industrial valves, chemical industry, energy, electricity and oil and natural gas industry is the most important market of valve sales, the market demand of its valves respectively accounted for 25.70%, 20.10% and 14.70% of the total domestic industrial valve market demand, accounting for 60.50% of the total market demand.

In recent years, valve demand in developing countries represented by China and the Middle East has grown rapidly and has begun to replace the European Union and North America as the new engine for the growth of the global valve industry.As of December 2017, China's valve industry market size is 280.9 billion yuan, in 2016 is 275.7 billion yuan, has become the world's most important valve consumer.The low-end field of China's valve industry has basically achieved localization,Domestic-funded enterprises in the mid-to-high-end field are inevitably gradually replacing imported valves with their advantages in cost, channels, innovation and service, and are expected to go abroad and join the competition in the international market in the near future.