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ANALYSIS OF THE DEVELOPMENT STATUS AND TRENDS OF CHINA'S METAL SEAL MANUFACTURING INDUSTRY

Views: 2489     Author: Site Editor     Publish Time: 2020-08-06      Origin: Site

ANALYSIS OF THE DEVELOPMENT STATUS AND TRENDS OF CHINA'S METAL SEAL MANUFACTURING INDUSTRY

ANALYSIS OF THE DEVELOPMENT STATUS AND TRENDS OF CHINA'S METAL SEAL MANUFACTURING INDUSTRY

 


 

Since the reform and opening up, China's seal manufacturing industry has made great progress. Among them, metal seals, which account for more than half of the industry, have also entered a new stage. Spring seals, elastomer seals, pump seals, elastomer seals, mechanical seals are becoming more and more widely used. What are the development status and trends of China's metal seal manufacturing industry?

 

 

Metal seals account for more than half of the seal manufacturing industry

Since the development of the seal industry, it has grown from small workshops and workshops or branch factories of the OEM to become basically able to meet the requirements of various equipment in China. At present, in the seal manufacturing industry, metal seals with a market share of more than half, reaching 71%.

 

 

Close contact with accessories companies

The upstream industry of the metal seal manufacturing industry is the steel and non-ferrous metals industry, and steel is the main component of its cost. In the cost structure of metal seal products, raw materials generally account for the vast majority of the total cost. Any changes in steel products will affect the quality and cost of metal seal products. At the same time, metal seals are an important part of the basic parts of machinery and equipment. They are widely used in machinery, petroleum, chemical, metallurgy, electric power and other industries. Most of these important industries in the national economy are related to the metal seal manufacturing industry.

 

 

The development of the sealing industry is relatively volatile

In recent years, the production and quality of metal seals in our country have gradually entered a new stage and new period, but since 2010 the market size has fluctuated greatly. In 2017, sales revenue was 73.905 billion yuan, a year-on-year decrease of 10.7%, and total profit It was 6.094 billion yuan, a year-on-year decrease of 4.06%, which was greatly affected by upstream and downstream industries. In recent years, China's steel industry has been continuously reducing its capacity, and steel prices have fluctuated greatly.

 

 

Industry development tends to be stable, and the number of patent applications declines slowly

From 2010 to 2016, the number of patents in China's metal seal manufacturing industry increased year by year, from 2735 to 6810. In 2017, the industry's development tended to be stable, and the number of patent applications declined slowly. In 2017, it was 6,508, while in 2018 it was only 3727 pieces.

Although China's metal seal manufacturing industry has made great progress, it is still far from meeting the needs of other industries for the development of standardization and serialization of various types of sealing products, especially compared with international advanced countries, China's seal products have a considerable gap in terms of product quality and product variety.

 

 

The above data analysis comes from the "Analysis Report on Production and Marketing Demand and Transformation and Upgrade of China's Metal Seal Manufacturing Industry" released by the Prospective Industry Research Institute. Follow Hange to learn more about spring seals, elastomer seals, pump seals, elastomer seals, mechanical seals.


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