At present, the lack of energy is a common problem in the world, and China is in the process of industrialization and urbanization. The demand for energy will continue to grow, and the contradiction between energy supply and demand will become increasingly prominent.

Nuclear power is recognized as clean energy in the world, and along with the development of nuclear power technology, the safety and economy of nuclear power have been improved. China has also increased investment in nuclear power. The development strategy of nuclear power has been adjusted from “appropriate development” to “active development.” With the rapid development of the nuclear power industry, the demand for nuclear power valves will continue to expand.

The “2012-2016 China Nuclear Power Valve Industry Market Research and Investment Forecast Analysis Report” released by the Industrial Research Institute shows that as a consumable, the demand for the valve increases with the increase in the installed capacity of nuclear power. In the future, its market capacity will mainly come from New capacity and product replacement are two aspects.

In general, the new demand for nuclear power valves accounts for about 5.2% of the total investment in nuclear power equipment, and valve maintenance costs generally account for more than 50% of the total nuclear power plant maintenance. The annual maintenance cost of a nuclear power plant with two million-kilowatt units is about 135 million yuan, while the cost of valve maintenance and replacement accounts for about 50% of the total maintenance cost of nuclear power plants, reaching 67 million yuan/year.

Data show that in 2010 China's new nuclear power market capacity is about 2GW, and the total nuclear power plant investment is about 80.6 billion yuan, which is calculated as 60% of the total investment in nuclear power equipment investment. In 2010, nuclear power equipment investment totaled 48.1 billion yuan, including nuclear power valves. Market demand is about 2.5 billion yuan, nuclear power valve maintenance, replacement costs about 335 million yuan.

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