In the wake of the more rapid development of the various industries such as agriculture, water conservation, energy, transportation, information, construction and maintenance, environmental protection, etc., the demands for many machinery equipment to fulfill the development needs have been increasing at an astonishing rate. With the advancement in industrialization and automation, these equipment are required to be installed with a large number of hydraulic, pneumatic and sealant components with high performance and high reliability.
- Agricultural Machinery
According to related estimates, the annual demand for large and medium-horse powered tractors will reach about 100,000 in 2010. And the modern combine harvester will reach 50,000, while the other agricultural machineries in each category will also be increasingly added. It is estimated that by 2010, the number of large and medium-horse powered tractors will reach around 130,000 and the number of combine harvesters will also reach around 400,000. According the calculation of occupational sales whereabouts in 2003, the OEM agricultural hydraulic products represented 4.9 per cent of the total sales. (some retail sales were not included in the calculation) As such, the market demands for hydraulic, pneumatic and sealant components used in machinery maintenance and the OEM agricultural packages will undoubtedly witness an exponential increase.
- Construction Machinery
As the largest user of hydraulic products, the construction machinery represents 42.3 per cent of the occupational sales and the figure will also climb higher in the foreseeable future. Consequently, the developmental intent of the construction machinery remains very important. According to estimates, the annual demand for hydraulic excavators will climb to about 60,000 to 80,000 in 2010. Likewise, the annual demand for bulldozers (above 120 horsepower) will reach nearly 10,000; the loaders about 100,000 to 120,000; the land levelers about 2,000; the road rollers about 15,000; the construction cranes about 20,000; the forklifts about 80,000; the concrete mixers about nearly 10,000. In addition, the number of construction machineries is currently about 1.4 million. This figure will attain 2 million in the year 2010. On top of that, the total value of the imported hydraulic components that are required for the production of excavators, road machineries, concrete mixers, etc. is more than US$ 150 million. The production of hydraulic machineries in Tianjin accounted for 30 per cent of the national proportion. In conclusion, the market for hydraulic, pneumatic and sealant components used in machinery maintenance and the construction machinery packages will herald a new phase of development. These construction machineries require a lot of high-performance, long-lifespan high pressure piston pumps, high pressure gear pumps, high torque motors, wheel motors, multi-way valves, cylinders, steering gears, etc.
- Machine Tool
With the cutting-edge advancement in production technologies, the demands for machine tools that boost high precision, high efficiency and automation in China, in particular the digitally-controlled machine tools are getting increasingly larger and larger. According to related estimates, the annual demand for digitally-controlled machine tools in China will surpass 50,000 in 2010. The total number of machine tools will elevate to nearly 4 million from the existing 3 million by the year 2010. Besides, the new development of metal forming machinery will also create new demands for hydraulic components as well as suite systems. As a result, the market demands for hydraulic, pneumatic and sealant components used in machinery maintenance, the metal forming machinery packages and the machine tools will experience an apparent growth.
- Plastics Machinery
By the year 2010, the annual demand for plastics machineries will reach about 150,000. Among them, the plastics injection molding machines will account for nearly 40 per cent. Currently, China has about 400,000 plastics machineries and this figure will escalate to about 800,000 in 2010. Despite the development trends of injection molding machines with small and medium power choosing electro-hydraulic transmission, however according to analysis, within several years later, many companies i China will use fluid transmission due to many reasons such as plastic finished products, costs, etc.excluding those products with high precision, high efficiency and high quality that require electro-hydraulic transmission. As such, the market demands for hydraulic, pneumatic and sealant components used in machinery maintenance and the plastics machinery packages will sustain a relatively fast pace of continuing growth.
- Car and Motorcycle
According to related estimates and an annual growth rate of 10 to 15 per cent, the annual production of Chinese cars will exceed 7.5 to 8 million in 2010. Among them, salon cars will account for 50%, that is 4 million; the passenger cars 1.7 million; the trucks 1.8 million; the motorcycles about 12 million. In 2010, the car ownership will be about 50 million and the motorcycle ownership will be about 100 million. In time to come, the annual production and ownership of cars in China will top the world rankings. Consequently, the market demands for hydraulic, pneumatic and sealant components used in machinery maintenance and the car, motorcycle packages will head north in an apparent manner. The above products will require a lot of power steering pumps and each type of sealant and pneumatic components; while the car production equipment will require all types of hydraulic pumps, electromagnetic valves, hydraulic systems as well as each type of high-performance pneumatic components.
- Petrochemical Equipment
In light of the national development of oil and natural gas in the sea and land, excluding the West-East natural gas transmission project and other petrochemical projects in construction, following the 11th edition of the five-year national plan, the Chinese government will also newly construct about 5,000 km of high-pressure oil pipelines. Additionally, the demands for oil refining, ethylene and the three major components (composite resin, composite rubber and composite fiber) will also increase at a growth rate of 6 to 9 per cent. The huge market demand will trigger huge requirements of a large number of oil, natural gas pipelines and large, highly-efficient petrochemical equipment, large oil exploration and drilling equipment in desert and sea, large suite equipment that has an annual production of more than 600,000 tons of ethylene, 450,000 tons of composite ammonia, 800,000 tons of urea and chemical fiber. As a result, the annual market demands for hydraulic, pneumatic and sealant components used in machinery maintenance and the petrochemical equipment packages will experience a relatively huge spike.
Excluding the above categories of machinery, the market demands for hydraulic, pneumatic and sealant products in relations to water conservation construction equipment, underground working equipment, logistics equipment, aviation, aerospace, rail transport, rolling stock, medical and healthcare, printing, recreational machinery and equipment remain very promising in the immediate future.
