Introduction to world's major valve manufacturers companies

World's major bellows valve manufacturers companies

1. China

The world's largest valve country, due to the fact that the world's major valve producing countries such as the United States, Japan, South Korea, etc. have transferred their industries to developing countries and regions in recent years, China has now developed into the world's largest valve country, and is also the world's low-end valve country. major producing countries.

According to GIA and other data: the market size of the global valve manufacturing industry in 2020 is 73.2 billion US dollars, and the global valve output value in 2021 is 76 billion US dollars. According to relevant data, as of 2021, the annual output value of China valve industry has exceeded 210 billion yuan for many years, and the industry growth rate is more than 6%; 8.3 million tons in 2019, 8.5 million in 2020, and 8.7 million in 2021.

In the global valve industry chain, the United States, Germany, Japan, France, and Taiwan belong to the first echelon of comprehensive strength, and the valves they produce occupy the high-end market of the industry, while mainland China is in the stage of striving towards the first echelon.

2. USA

As the world's number one economic power, the valve industry in the United States has dropped from half of the global output value in the early post-World War II period to about 30% now, and is still the world's largest valve supplier. According to the statistics of the American Valve Association, the American Valve Association has more than 110 enterprises with an annual output value of more than 4 billion US dollars. With the continuous strengthening of the internationalization of American companies, valve companies have begun to expand their market shares and enhance their competitiveness by acquiring companies from home and other countries in the world. Due to the intensification of acquisitions between companies, most valve companies in the United States today are part of a very large multinational company. MASONEILAN is a part of DRESSER INDUSTRIES, with annual sales of more than 300 million US dollars; FISHER control valve, which started business in China in 1984, has become a model of Chinese textbooks due to its early entry into China. Sales have exceeded $14 billion. The famous TYCO fluid control company has been acquired by EMERSON Group;

3. Japan

As the third largest economy in the world, there are 706 valve companies in Japan, but the output value of 15 of them accounts for 70% of the entire market. The total output value of the Japanese valve market is about 600 million US dollars, and control valves are its main export products. As China's close neighbors, Japanese control valve companies came to China as early as the 1960s. So far, Japanese control valve companies are the largest foreign partners of domestic joint ventures. Some of Japan's most famous control valve manufacturers, such as YAMATAKE and KOSO, have established joint ventures with many domestic companies. Due to their moderate price and good quality, their products have quickly occupied the domestic low-end market. Likewise, control valves produced in Japan are ahead of the joint venture in terms of manufacturing quality and technology, maintaining competitiveness in the high-end market.

4. Germany

As the locomotive of the EU economy, Germany's economy recovered quickly after World War II. German products quickly occupied the European market with their excellent quality, and came to China with China's opening to the outside world. At present, there are more than 170 valve manufacturers in Germany, with an output value of more than 2.2 billion euros, of which the export rate is about 50%. Valve enterprises in Germany have always maintained the characteristics of small and medium-sized private enterprises. At present, they have started mergers and acquisitions similar to those in the United States, but have not yet formed large multinational companies similar to those in the United States.

Characteristics of domestic and foreign mergers and acquisitions

Looking at the mergers and acquisitions upsurge of domestic and foreign companies, from the 1990s to the present, there has been the fifth wave of mergers and acquisitions abroad.

The main features are:

1) Cross-border mergers and acquisitions are surging;

2) The strong alliance is eye-catching;

3) Most companies have gradually abandoned leveraged buyouts, financial buyouts have given way to strategic buyouts, and companies have begun to consider mergers and acquisitions more from the perspective of their own development strategies.