Publish Time:2019-08-26
Energy scarcity is currently a global challenge. As China advances industrialization and urbanization, its energy demand will continue to grow, and the gap between energy supply and demand will become increasingly prominent.
Nuclear power is globally recognized as a clean energy source. With advancements in nuclear technology, its safety and economic efficiency have been greatly improved. China has also increased investment in the nuclear power sector, adjusting its nuclear power development strategy from "moderate development" to "active development". Driven by the rapid expansion of the nuclear power industry, market demand for nuclear-grade valves will continue to surge.
According to the China Nuclear Power Valve Industry Market Research and Investment Prospect Analysis (2012–2016) report, valves are consumables whose demand rises alongside the growth of installed nuclear power capacity. Future market growth will mainly stem from two areas: capacity expansion and stock replacement. As a major global energy consumer, China has long relied on imports for high-end core energy equipment, making independent industrial development increasingly critical.
China’s nuclear equipment manufacturing industry started late, and its overall design level still lags far behind developed economies. There remains a notable gap with international advanced standards in terms of valve reliability, sealing performance, and service life — especially in the design and manufacturing capacity of nuclear-grade valves.
With deepening reform and opening-up, domestic valve enterprises have strengthened cooperation with overseas nuclear power industry leaders. For example, Shenyang Taisong Fluid Control has absorbed advanced foreign technology, capital and management expertise, improved its technical strength and operational capabilities, perfected testing platforms and inspection methods, and grown into a globally competitive full-cycle nuclear valve manufacturer.
As nuclear power gains recognition as a clean energy option, and its safety and cost-effectiveness continue to improve, China has further scaled up nuclear power investment and shifted its strategy to active large-scale development. The overall demand scale for nuclear power valves will keep expanding steadily.
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