Market report vigorous valve Market

Global sales of industrial valves are expected to exceed US $64.5 billion this year. Overall, the market is growing at a rate of about 3-4% per year. In most countries, the growth rate of products (products involving combustion, fluid and treatment) ARNOS is 1% higher than that of GDP (gross national product). For example, the growth rate of GDP is 2%, the growth rate of sales of ARNOS products is 3%, and if the growth rate of GDP is 7%, the growth rate of sales of ARNOS products is 8%.

In the next few years, the development of some industries may accelerate significantly, including the FULS GAS DESUIFURIZATION (FGD) market in India. In the future, India will build 100000 MW limestone processing facilities for the production of gypsum. These facilities require valves to supply water and use water to transport limestone slurry and circulating washing solution, which contains limestone and gypsum. The flow of large facilities may reach 400000 gallons per minute (GPM), which means that various pumps and slurry isolation valves are required.

Vietnam, Indonesia, the Philippines and several other countries are also accelerating the construction of FGD facilities. The actual purchasers are generally large engineering companies with international partners. In addition, there are some Chinese enterprises that provide funds for power stations and FGD construction projects in these countries. They are also purchasing relevant equipment.

Chinese enterprises are upgrading more than 200000 MW coal-fired boilers to improve power generation efficiency, specifically from sub-critical and supercritical to ultra supercritical. The target is 50% power generation efficiency, and the cleanliness is the same as that of the cleanest natural gas power plant. Such an upgrade means that the temperature and pressure of the steam system become higher, so it is necessary to invest in purchasing valves that can withstand extreme working conditions.

The bio-pharmaceutical factory project in the United States is also a hot growth point. The market for valves in this field is also growing significantly, which exceeds the market growth of ARNOS (combustion, fluid and treatment) products. This is because many investments are aimed at closed systems. Butterfly valve is mainly used to control the transportation of fluid products between containers.

The shale hydraulic fracturing industry in the United States also has a significant impact on valve sales, not only from the direct application of mining facilities, but also from industries benefiting from low-cost natural gas raw materials.

As early as April this year, the United States had become the country with the highest comprehensive oil and gas production and the largest oil producer. The investment of large oil companies has produced remarkable results. Over the next decade, the largest companies will account for nearly half of the total oil production of the Permian Basin (located in Texas and New Mexico).

This trend is of great positive significance not only to the market supply capacity, but also to the current growth of oil refining capacity and transportation capacity. So far, nearly US $100 billion has been invested in various terminal stations (terminals), LNG liquefaction plants, refineries and petrochemical plants in Texas and Louisiana. The planned project will bring an investment of US $20 billion per year and nearly US $300 million per year (involving combustion, fluid and treatment products). At the same time, these investment plans will also promote the procurement of ARNOS products to several enterprises faster. In these regions, Chevron and Exxon will each produce more than 1 billion barrels a day.

Hydraulic fracturing requires special sand. After the sand is transported to the mining site, water and additives are added and stirred into a mixture. The mixture is then injected into the well with high pressure. These processes require a large number of valves.

The water regeneration technology that meets the zero liquid discharge (ZLD) standard also provides a sales growth point for valve suppliers. Desalination is a means of recycling, and the newly-built desalination plants are big users of valves. It is expected that the annual growth rate will exceed 7% in the next five years. China's ranking in this field is constantly improving. Today, its desalination capacity has ranked among the world's leading, and several countries in the Middle East have reached a similar level.

In addition, China is also the number one buyer of zero liquid discharge system. Most power plant operators in China use membrane filtration system to treat and recycle wastewater. The slurry will be directly sent to the evaporator for dehydration treatment, and the generated solid products will be sent to the hazardous waste landfill.

The industry that uses the most water in the world is power generation. Like most countries, there is an urban sewage treatment plant within 100 miles of every power station in the United States. The current trend is to improve the treatment quality of the sewage plant, and then transport the sewage to the local power station for cooling water.

Mining also provides a number of market growth points for valves, such as lithium processing. The characteristic of mining industry is that the scale and development speed vary greatly among countries. In some countries, the ore mining cost is low, and the development of the market is in a blowout state. In some countries, the mining cost is high, and the sales are even declining.

The valve industry now has a clear but not yet formed a commercial market opportunity, that is to extract rare earths from fly ash. Acid leaching process will be used in the extraction process. Extracting rare earths requires a huge investment in valves. Even if it is apportioned to every ounce of rare earths, it is still considerable. The transformation of new / old facilities will accelerate the formation of this market. The technical feature of extracting rare earth from fly ash is "producing rare earth raw materials in situ". The traditional precipitation and single-stage washing system are used in the coal power plant, and the rare earth extraction technology needs to be changed to two-stage washing. The primary washing system with pH value of 1 is responsible for collecting hydrochloric acid and fly ash. The generated drainage contains fly ash and 30% hydrochloric acid, that is, it is used as raw material for rare earth separation. The function of the secondary scrubber is to capture sulfur dioxide.

Biomass combustion based on carbon dioxide storage is also a market with long-term growth potential. Britain's 4000 MW DRAX power station has completed the conversion from coal to biomass fuel. In a pilot project, part of the carbon dioxide is sequestered. The owner once hinted that "it can extract carbon dioxide from the air". The process captures carbon dioxide from the air at the same rate as the original coal-fired power plants. If all power stations in the world adopt this carbon storage technology within 30 years, the carbon dioxide content in the earth's atmosphere will fall back to the level of 30 years ago.

In fact, the wide implementation of this technology is obviously unrealistic. At present, afforestation is a popular practice all over the world to alleviate the problem of greenhouse gases. But the problem is that when the planted trees reach the age of 30 years, they will slowly die and decompose, and the resulting carbon dioxide will offset those previously absorbed. The situation would be different if biomass fuels were used and efforts were made to store carbon dioxide. Of course, it is very difficult and costly to do so. However, compared with other schemes, such as wind and solar power generation, biomass fuel power generation costs less and benefits more. At present, this technology should be said to be impractical and costly, but it is lower than other technologies with the same carbon emission reduction efficiency.