Imports of gear pumps will reach 3.9 billion euros in 2021

It is estimated that China's future market share of gear pump imports will reach a staggering 3.9 billion euros by 2021, surpassing the 4.9 billion euros of the United States to become the world's largest importer of gear pump.

At that time will be ranked in the gear pump imports three to six are: Japan, India, Germany and France.

In recent years, the gear oil pump industry in China has developed rapidly. Benefiting from the continuous improvement of the production technology of the gear oil pump industry and the continuous expansion of the downstream demand market, the development situation of the gear oil pump industry in the domestic and international markets is very promising.

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By 2011, China will have twice as much coal generating capacity as the United States, and far more than the European Union.

The energy sector will no doubt also allow China to import more gear pumps.

Billions of migrants in Asia have moved from the countryside to the cities, forcing their countries to build more sewage treatment plants, especially in China.

The reason for this huge trend is the need for municipal sewage treatment due to the rapid modernization of Chinese cities.

In the face of this situation, industry enterprises to actively respond to gear oil pump industry, pay attention to cultivate the innovative ability, constantly improve their production technology, strengthen enterprise competitive advantage, at the same time gear oil pump industry enterprises should also be fully grasp the market trend of the industry, continuously learn the latest production technology, national policies and regulations to understand the industry,

Only by grasping the development dynamics of competitors in the same industry can enterprises fully understand the development dynamics of the industry and their own position in the industry, and formulate correct development strategies to enable enterprises to gain a leading edge in the brutal market competition.

In 2010, China's gear oil pump industry is facing a new development situation. Due to the increasing number of new entrants, the price of upstream raw materials continues to rise, leading to the reduction of industry profits, so the market competition in China's gear oil pump industry is becoming increasingly fierce.

The growth of the chemical industry was also an important factor in the growth of China's gear pump imports, with energy development ranking third. In 2007, China had the most advanced coal power generation technology in the world.