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China's centrifugal pump market is in great demand and has a good prospect.

   In the investment of sewage treatment equipment, the investment of water pump accounts for 15% of the total investment of mechanical equipment. According to this ratio, the demand for pump products in the field of urban sewage treatment will be about 60 billion yuan during the Twelfth Five-Year Plan period, and there will be nearly 40 billion market demand in the next three years, which is very beneficial to the centrifugal pump industry. As we all know, centrifugal pump is a general fluid machine widely used in chemical industry system. It has the characteristics of various control options, and has many advantages such as smooth operation, simple layout, easy operation and low operating cost. According to public information, in the investment of sewage treatment equipment, pumps account for about 15% of the total investment of mechanical equipment. Proportionally, during the 12th Five-Year Plan period, the demand for pump products in the field of urban sewage treatment will be around 60 billion yuan, and there will be nearly 40 billion market demand in the next three years, so the centrifugal pump market has a good prospect. According to relevant reports, in 2008 alone, the sales revenue of centrifugal pump manufacturing industry increased by 55.99%, with a total sales revenue of 41.029 billion yuan. In 2011, the industry sales soared to 76.534 billion yuan, an increase of 29.93% over the same period of last year, and the industry developed well. At the same time, with the continuous growth of China's economy, the demand for agricultural pumps is increasing, and the sales of agricultural pumps are also rising. Many people in the industry pointed out that China's centrifugal pump industry is facing great development opportunities. During the "Twelfth Five-Year Plan" period, the pump and vacuum equipment manufacturing industry will continue to move forward with a market growth rate of 20%. As a result, many experts predict that by 2020, China's imports of centrifugal pumps will reach an astonishing $5 billion, surpassing the US's $4.9 billion to become the world's largest importer of centrifugal pumps. In addition, the development process of energy revolution is also an important factor for the increase of centrifugal pump imports in China. In 2013, China's coal-fired power generation capacity is far more than twice that of the United States, and its coal-fired power generation capacity will also far exceed that of the European Union. Undoubtedly, the energy industry will also make China import more centrifugal pump products.
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