The seal industry development potential is limitless

In recent years, the state has given certain support to the technology introduction, technological transformation, scientific research and development of the liquid airtight industry, and has promoted the rapid development of the industry. China's agriculture, water conservancy, energy, transportation and other industries have developed rapidly. To do this, they need a lot of mechanical equipment to meet their development needs. With the improvement of industrialization and automation, these equipments need a large number of high performance and high reliability hydraulic pneumatic and sealing elements.

The status quo of the industry is worthy of an optimistic seal. The overall composition of the industry has formed a situation in which state-owned enterprises, private enterprises, and foreign-funded enterprises have "three legs and tripods." The output value basically accounts for one-third of the total. State-owned enterprises are stepping up reforms; a large number of private enterprises have risen rapidly; foreign capital has entered in large numbers, and major companies in the world have basically carried out joint ventures, sole proprietorships, sales and other businesses in China, presenting a trend of “manufacturing to China”. On the technical level, the main products of SOEs are mainly imported and self-developed in the 1980s, and are basically international mid-range; private enterprises mostly focus on middle- and low-end products, but their funds accumulate rapidly. They use existing domestic technologies to gather experienced personnel. The level of technology has progressed rapidly. Its product quality, variety and service have been continuously improved in the competition; foreign-funded enterprises have the same level of technology as medium-to-high-end products and abroad, and provide supporting facilities for high-end mainframes and key projects for domestic joint ventures and wholly-owned enterprises.

With the rapid development of China's economy, all types of machinery and equipment using hydraulic, pneumatic drive and control of the growing, the growing demand for sealing technology. The market for fluid power products in China has developed rapidly. With the exception of the United States, Europe, Japan, and foreign countries, it ranks first in developing countries. China's imports are also increasing, and the market has great potential for development.

The market has great development potential With the improvement of industrialization and automation, mechanical equipment needs a large number of high-performance and high-reliability hydraulic pneumatic and sealing components. In addition to the Yangtze River Three Gorges Project, the South-to-North Water Transfer Project, the West-East Gas Pipeline, the West-East Electricity Transmission Project, and the Qinghai-Tibet Railway, there are a large number of large-scale coal mines, oil fields, open-pit iron mines, power stations, airports, ports, high-speed railways, and high-grade highways. Key projects, as well as a large number of urban construction and housing construction. For this reason, the ever-increasing workload of earth and stone handling, coupled with the development of logistics modernization and transportation, as well as the application of new processes, new technologies and new materials, will keep the demand for domestic construction machinery growing for a long time. In short, the above products require a large number of high-pressure plunger pumps, high-pressure gear pumps, high-torque motors, wheel motors, multi-way valves, cylinders, pipe fittings, pipeline assemblies, and oil filters, etc. The market for seals will face a new era of great development. Among them, construction machinery is the largest user of hydraulic products, accounting for 42.3% of the industry's sales, and the proportion will increase in the future. Therefore, the development trend of construction machinery is of utmost importance. It is also known that hydraulic components imported by domestic companies, such as excavators, road machinery, cement mixers, and so on, amount to more than 150 million U.S. dollars each year. In short, the market for hydraulic equipment and seals used in construction machinery and maintenance will face a new era of great development.