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China Non-Standard Pressure Vessel Industry Market Research and Investment Forecast Report

China Non-Standard Pressure Vessel Industry Market Research and Investment Forecast Report

Last Update:2014-05-11

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After more than 20 years of hardwork, China’s chemical equipment manufacturing industry has experienced from scratch and gained considerable development. Especially promote by the fast development of machinery, petroleum and chemical industry in current years, the chemical equipment manufacturing industry achieves a greater progress. China’s chemical equipment manufacturing industry gets significant achievements in the R&D and localization of important fertilizer technical equipment, petrochemical technical equipment, and radial tire technical equipment. Some core technologies are gradually handled. For instant, some key equipment for catalytic cracking, hydrofining and PE production have reached the international advanced level. It reduces the dependency to import chemical equipment and lowers the construction investment as well as production cost. Therefore, it plays a significant role in promoting the development of chemical industry. Estimating by investment that the localization rate of complete refining equipment is over 90% while that of the complete ethylene equipment is about 70%.

The pressure vessel industry mainly provides chemical equipment manufacturing industry with key equipments like consersion unit, towers, heat-exchange equipment, and storage and transportation equipment. According to statistics from China Chemical Industry Equipment Association, in 2010 there was 588 pressure vessel corporations of scale in China, and the total industry output value was 55 billion Yuan. Most of the corporations are non-standard pressure vessel manufacturers while few of them are cylinder manufacturers. Not taking the cylinder manufacturers (of which Beijing Tianhai as representative) into consideration, the industry market scale in 2010 was about 52.5 billion Yuan. In the meantime, the amount of manufacturers with ASME certification develops from only 1 in 1984 to 502 in 2010 which ranks second in the world. It fully reflects the development pace and international importance of China’s pressure vessel industry. Furthermore, it also reveals that the industry corporations have greatly improved their technology and management level and now with international competitiveness.

In order to support the development of equipment manufacturing industry, China has issued many documents like Notice of the State Council on Accelerating Advancement of Equipment Manufacturing Industry, Adjustment and Advancement Plan on Equipment Manufacturing Industry, Adjustment and Advancement Plan on Petrochemical Industry and so on. The policies clear the emphasis of equipment manufacturing advancement is to develop large-scale complete ethylene equipment. The policies also propose to further improve localization degree of significant petrochemical equipments by implementing important projects and forming 20 refining bases of ten million tons level and 11 ethylene bases of million tons level. Along with the fast growth of petrochemical industry, coal chemical industry, and non-ferrous metal industry, and the reconstruction of ferrous metal industry and paper making industry, China’s non-standard pressure vessel industry with great development space. According to the market environment mentioned above, it is predicted that the market scale of China’s non-standard pressure vessel industry in 2011 may be 63 billion Yuan while it will break 110 billion Yuan in 2014 and enlarge to 130 billion Yuan in 2015.

The enormous development potentials provide industry corporations with opportunities as well as fierce competition. It requires industry corporations pay more and more attention to the industry market research, especially the in-depth research of market demand and competitive landscape. With Forward’s the long-term tracking and collecting market data of non-standard pressure vessel industry, we roundly and accurately analyze the structure system for you from the view of mastering the whole industry. This report will base on the macro condition of current non-standard pressure vessel industry, production and marketing condition, industry demand trend of auto industry, then detailed analyzes the current market capability, market scale, development speed and competitive landscape of China non-standard pressure vessel industry. Meanwhile, together with the comprehensive and detailed market data which is accumulated for years, Forward helps you to grasp the market and development trends of non-standard pressure vessel industry, so as to win advantages from competition!

Major characteristics of this report are forward-looking and timeliness. Base on the forward-looking analysis of massive research data, we further analyze the development scale and competitive landscape of non-standard pressure vessel industry. Along with the industry development route and our practical experience, we analyze and predict the future development prospect of non-standard pressure vessel industry. This report is of a high value for non-standard pressure vessel material suppliers, equipment manufacturers, engineering corporations and investment corporations to accurately know the latest industry development trend, and obtain market opportunities and determine an insightful operation strategy and development direction. In the meantime, it is the first heavy weight report to analyze the up/down-stream industry chain and industry leading corporations of non-standard pressure vessel industry in an overall and systemic way.

Here, we’d like to express our sincere gratitude to State Economic Information Center, National Statistics Bureau of China, General Administration of Customs, International Information Institute, National Institute of the Ministry of Commerce, National Tsing Hua University Library, Institute of Market Economy of the State Council Development Research Center, and Beijing Qinghua Forward Market Research Center, etc. Thank you so much!

Notice: all the market data, especially the corporation list data in this report is only for business reference. Please don’t take the data for enterprise publicity. Thank you! Or Forward shall not take any responsibility for any consequences!

Qianzhan Business Information Co., Ltd. Industry Research Center
Research Team of Non-Standard Pressure Vessel Industry

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