China Pumps Hardware Accessories Relies on China

September 10, 2019

China Pumps Hardware Accessories Relies on China

Before 2015, the domestic economy remained strong and the demand for hardware pumps in various industries remained strong. In the hardware accessories industry, relying on domestic demand, the Chinese pump industry still has room for development.

Metal stainless steel pump has excellent characteristics such as erosion resistance, high strength, light weight and long service life. In recent years, stainless steel pumps have been widely used in shipbuilding, rail vehicles and other transportation industries. Following the development of hardware machinery manufacturing, stainless steel pumps will have a broader application perspective. From the perspective of consumption, at present, China's apparent consumption has reached the world's highest level of nearly 1/4 of the world's total consumption, per capita consumption of stainless steel reached 3.4KG, leapt to the forefront of developing countries. However, the growth rate of consumption has gradually slowed down, and the ultra-high-speed development stage with an average annual growth rate of over 30% has changed into a steady development stage with a current growth rate of 6.43%.

Stainless steel itself will play a more active role in the areas of energy, petrochemical, electric power, and mining that are key to development in China because of its characteristics of erosion resistance, high temperature resistance, and wear resistance. According to Jiuzheng Building Materials Network, stainless steel pumps are increasingly involved in the field, among which the demand in the aquaculture, construction and structural industries, environmental protection industries and industrial measures will also increase year by year.

In the aquaculture industry, the problem of water being contaminated during its storage and transportation has been increasingly addressed. A large number of practices have confirmed that hardware stainless steel is the best material for water industries such as preparation, storage, transportation, purification, regeneration, and desalination of water. Its advantages are: corrosion resistance, shock resistance, water saving, sanitary rust-free and green-brown, light weight reduction 1/3, easy maintenance, long service life, up to 40 years, low life cycle cost, low LCC, and green recycling material.

According to the report, at present, the stainless steel pipeline in Tokyo, Japan has reached 76%, and the leakage rate of the pipeline has dropped from the original 14.7% to the current 7.5%. After the earthquake in Osaka, Japan, the stainless steel water tank was intact. Recently, Japan has developed a bellows joint, which reduces the construction cost of stainless steel water pipeline by 20%, reduces the total cost by 3%, and reduces maintenance costs by 3/4.

In summary, the stainless steel pump driven by the stainless steel industry has a good market development prospect. It is not only a civilian stainless steel water pump but also a stainless steel industrial pump required by the industry. It is estimated that the stainless steel pump market in China will reach 3 billion in the past ten years.

We have reason to believe that by adding green stainless steel materials, stainless steel pumps will certainly become the pioneers in China's pump industry and contribute to the development of the stainless steel pump industry in China.

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