Plumbing valves and fittings industry, products are mainly used in water supply and drainage, HVAC engineering, fire protection and other fields. The valve is a control component in the fluid delivery system, with the functions of diversion, interception, regulation, throttling, prevention of backflow, diversion or overflow pressure relief.

Plumbing valves and fittings manufacturing industry chain structure

Source: Compiled by Gong Research Network

In recent years, the world's industrial product manufacturing has shifted to developing countries or regions such as China, and the number of enterprises in the plumbing valve and accessories industry is large, but most of them are small in scale and have low market concentration.

Major enterprises in the manufacture of plumbing valves and fiettors

China's plumbing valve and accessories manufacturing industry has a high degree of marketization and fierce competition, and various enterprises seek new profit points to achieve further growth in scale. Domestic civil valve products are mostly oriented to the low-end valve market, showing the characteristics of low technical content and high versatility, resulting in fierce competition in the low-end market and insufficient competitiveness in the high-end market, and low overall industry concentration. With the continuous acceleration of technological innovation, market resources are continuously concentrated in enterprises with strong technology research and development strength, and the development trend of "high-end technology" and "complete set of products" has emerged.

For more industry research report content, please refer to the "2022-2028 China Plumbing Valves and Fittings Market Survey and Future Prospect Forecast Report", which focuses on industry consulting and specializes in providing professional and cost-effective industry research report products.