In 2020, the sudden new epidemic situation brought a "stress test" to the entire HVAC industry. Affected by the general environment and the downstream machine market, the refrigeration and air conditioning valve industry will also face more pressure and challenges. How will this year "Compressive" move forward? Let's start with the 2019 market inventory.

Stable growth in 2019

As everyone knows, as the upstream component product of the refrigeration and air conditioning market, its own development mainly depends on the downstream market development. In 2019, the entire refrigeration and air-conditioning market is relatively stable. Although there are small fluctuations in some areas, the overall situation has ended in a stable manner. Under this circumstance, the air-conditioning valve market also maintained a steady growth.

According to industry online data, the total domestic sales of valve parts in 2019 reached 47.937 million, an increase of 7.1% year-on-year. Among them, domestic sales of globe valves were 27.734 million units, an increase of 8.2% year-on-year; domestic sales of four-way directional valves were 126.99 million units, an increase of 3.4% year-on-year; domestic sales of electronic expansion valves were 61.645 million units, an increase of 12.2% year-on-year; solenoid valves, thermal expansion valves, The size of the ball valve is relatively small and the performance is average. Among them, the thermal valve fell 11.1% year-on-year.

From the perspective of the industry's quarterly development characteristics, the first quarter of each year is affected by the domestic Spring Festival holiday, and the industry's sales enthusiasm is not high; in the second quarter, the downstream air-conditioning industry gradually enters the peak production and sales season, and the purchase volume of valve products is large; the third and fourth quarter industries Basically maintained steady development.

According to the four major application areas of refrigeration and air conditioning valves in the online statistics of the industry, the home air conditioning market in 2019 is affected by the coldness of the terminal market and the pressure of inventory. After the summer, production and sales have fallen all the way, which has slowed down the growth rate in the first half of the year. The air-conditioning market is relatively stable, but the growth rate has slowed down significantly; the commercial refrigeration market has remained basically flat compared with the previous year; the air source heat pump has been boosted by the export market and the domestic "heater" market unexpectedly "increased". The annual sales scale has been Substantial growth.

Corresponding to this, in 2019, the refrigeration and air conditioning valve parts also have different growth rates in several major application markets, of which the heat pump market has the highest growth rate for the whole year.

2020 affected by the epidemic

In 2020, the valve parts market is currently viewed: due to the impact of the domestic epidemic, the start of the industry enterprises after the Spring Festival holiday has been delayed. The industry operating rate in February was about 40% to 50%, and domestic valve companies have basically recovered in March. Normal production order, so the epidemic mainly affected February. The trends of different products are closely related to the development of the downstream machine market.

On the demand level, traditional valves such as globe valves and four-way valves have a high degree of dependence on the domestic air-conditioning market. As of now, the home air-conditioning market is still carrying a very high inventory in 2020. The outbreak of new coronary pneumonia in the new year has also caused a huge test for the end market. At the same time, the new national standard for air conditioning will be officially implemented on July 1. According to the requirements of the new standard, energy efficiency will increase by 14% in 2020 and 30% by 2022, which means that product structure adjustment will be the main theme of the air conditioning market next .

Based on a combination of factors, it is expected that the procurement demand for cut-off valves and four-way valves in 2020 will decrease as the demand market declines, but electronic expansion valves as energy-saving valves may take advantage of this policy "dongfeng" and usher in a wave during the year Substantial replacement growth.

Thermal expansion valves, ball valves and solenoid valves rely heavily on the commercial air-conditioning and commercial refrigeration markets. From the current perspective, the new crown epidemic has brought a lot of downward pressure to the current commercial air-conditioning market; while the commercial refrigeration market is mainly operating steadily, in addition, the outbreak of the epidemic also brings certain opportunities to the industry, so the valve market is welcoming a good , But overall the boost is relatively small.

In the field of heat pumps, although last year, vigorously promoted heat fans in areas with insufficient subsidies, which promoted industry growth, there are many uncertainties in 2020. The industry predicts that the impact of the epidemic on companies may lead to a decline in the first half of the year, and the suppression of the epidemic on the demand market will spread throughout the year, and the reduction in the procurement of valve parts is also inevitable.

For export, due to the overseas epidemic situation is still not optimistic, the continuous implementation of the policies of "closing the country" and "stopping production and stopping production" of governments of various countries has caused varying degrees of impact on the export of downstream machines and valves. Subsequent development is expected to alleviate the epidemic, and the demand in various regions will gradually recover.

Jiangsu Jincheng Air Conditioning Engineering Co., Ltd. focuses on:

Industrial air conditioners, chemical fiber industrial air conditioners, chemical fiber industrial refrigeration, textile industry air conditioners, dust-free workshop refrigeration, ventilation ducts, cooling towers, refrigerators and other air-conditioning units and accessories.

Jincheng can bring you high-quality industrial air-conditioning products and services to your satisfaction.

If you want to know more product information, please contact: Mr. Song 13705113637 Website: http://www.taocunbao.cn/