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Market development pattern of China's low-temperature valve industry in 2018

Market development pattern of China's low-temperature valve industry in 2018

According to the In depth Research and Investment Strategy Report on China's Low Temperature Valves (2018) released by Limu Information Consulting, most of the domestically produced low temperature valves used in large domestic LNG projects are monopolized by a few enterprises. Domestically, during the initial project construction of some LNG terminals, the cryogenic valves used are mainly provided by foreign manufacturers, mainly including Italian TAI, British ORTON, Spanish Poyam and American FLOWSERVE. The domestic cryogenic valves are only used as spare parts, accounting for 85% - 95% of the total number of domestic valves.

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