Pump Industry Needs Continue To Grow

The next 3 to 5 years, the domestic pumpAssociation branch, experts say, foreign pump
industry will maintain a 11% ~ 12% growth rate.industry is accelerating the pace of merger and
In particular, benefited from the country toreorganization, the number of pump
implement active policies and expansion ofmanufacturers will continue to decrease in
domestic demand driven, electric power, iron andcross-border inter-firm competition and pump
steel, petrochemical, and other key economicmonopoly even further. According to incomplete
sectors and urban infrastructure needs continuestatistics, since 2000, foreign pump industry has
to grow, China's pump industry, machine-buildingbeen in more than 80 major mergers and
industry also will be higher than 2% ~ 3% of theacquisitions, through the cooperation of such
rate of sustainable development.groups of development strategies, not only to
China General Machinery Industry Association, amaximize economies of scale, as well as
representative of the pump Branch 141 memberconducive to the use of the original trademark
companies of the statistical data show that inand visibility achieve sustainable development.
2005, industrial output value was 16.699 billionExperts say China's accession to WTO, the
yuan, up 42%; the completion of sales revenueworld's major pump manufacturers are very
15.69 billion yuan, up 40%; to achieve total profitsconcerned about the Chinese pump market, the
and taxes 1.7 billion, an increase of 65%; toworld's top 20 pump companies are prepared or
achieve a total profit of 970 million yuan, anhave the vast majority of the construction of
increase of 64.4%.factory in China, the products of these
According to reports, the current pump industry'senterprises are very high visibility, and in particular
major products are all kinds of centrifugal pump,the field of market share is also high. Is expected
mixed-flow pump, axial flow pump, vortex pump,in the next 3 to 5 years, foreign pump industry
rotary displacement pump, reciprocatingalso will be an annual growth rate of about 5.5%.
displacement pump and water ring vacuum pumpWhile the domestic pump industry in recent years
and so on. Pump products in these categories,through the "market for technology" approach, so
according to Taiwan, the number of terms,that the domestic pump industry, a key technical
centrifugal pump accounts for about 70%, rotarylevel with the pump improved, and some
volumetric pumps and reciprocating displacementtechnology has reached advanced world level. In
pump about 18%. National has a certain scaleparticular, is a major key to pumps and
pump manufacturing about 2,000, about 450equipment, such as nuclear power with the pump,
series product range more than 5,000 varieties.thermal power pumps, large pumps and other
These pumps are widely used in the nationalproducts to be lost rapidly.
economy sectors, basically meet the country'sIn 2008 the "Eleventh Five-Year," the first year,
economic development needs of the pump,although the state has further strengthened
including a variety of large complete sets ofmacro-control, but did not "slam the brakes"
equipment have to provide matching pumpmethod, but rather to maintain pressure. Judging
capacity.from the current pump industry, the state-owned
According to incomplete statistics, about 21% oflarge-scale backbone enterprises and private
the motors used to drive various types of pumpsenterprises order situation, the situation is very
in thermal power and nuclear power industry, thegratifying. Especially for electric power,
pump has become the most important auxiliary; inpetrochemical and metallurgical industries, the
the petrochemical industry, the pump has becomeenterprise suite of products, so far, some
an important device of the equipmentcompanies contract amount has already
manufacturing industry 1. Pump of foreign trade insurpassed last year more than doubled.
recent years, rapid advances, the annual averageHowever, from another side, the revitalization of
growth rate at 4.5% around some tens ofpump manufacturing, equipment manufacturing
thousands of manufacturing companies. Amongindustry in particular is a major task remains
them, 10 major pump manufacturer (Unitedarduous and urgent, the state imported in large
States 4, Germany 2, Japan, Britain, Denmark,quantities from abroad every year pump. The
Switzerland, each one) and pump output valuemain reason is China-made equipment can not
accounts for about 31% of the world.meet the demand, competitiveness is not strong
China General Machinery Pump Industryenough.