Experts predict that in the next five years,
China's pump manufacturing industry will continue to maintain an increasing growth rate year by year, especially in the field of
chemical pumps, with an average annual growth rate of 25%.
Although the trade mode of
pump manufacturing has been adjusted many times since the influence of COVID-19 in 2020, the
chemical pump manufacturing industry still maintains a high-speed increasing mode due to the rapid development of the macro-economy.
At present, China's petrochemical industry is developing towards large-scale, large-scale, and internationalization, and will maintain sustainable development in the next five years. Dozens of domestic ten million ton oil refining units and one million ton ethylene units will be newly built, reconstructed, and expanded, opening up a broad market for the demand for
petrochemical pumps. In addition, at present, various types of pumps operated by domestic refineries have been old and aging, and need to be updated and transformed urgently.
In the next five years, the development direction of the Sinopec pump is large-scale, high-speed, mechatronics, complete sets, standardization, serialization, and generalization of products. In particular, the production technology of
high-temperature pump,
low-temperature pump and
ultra-low-temperature pump,
precision metering pump,
corrosion-resistant pump,
pump conveying viscous medium and medium with solid particles and shielded pump will develop rapidly, and the demand will increase significantly.