Affected by various unfavorable factors such as epidemic situation, war, and high copper prices, the development of China's brass valve industry has been plagued continuously, and the industry has become seriously involved. Product homogeneity and fierce price competition are problems that Chinese brass valve manufacturers must face. Especially since the Russian-Ukrainian war in 2022, the surge in oil and natural gas has brought a great negative impact on the recovery of the world economy. The economic downturn will inevitably lead to a decline in the demand for brass valves.
In such an environment, Chinese brass valve manufacturers are facing huge challenges and opportunities. Although the industry has encountered development bottlenecks, some new trends and new business models have begun to sprout in 2022.
1. From product innovation to business model innovation
It turned out that in the era of one product conquering the world, in the fierce competition of involution, it has become more and more powerless. A brand moat needs to be established and a product chain is needed to block it. Therefore, the joint venture and joint venture model of brass valve manufacturers has emerged. With the help of manufacturer's technology, production advantages and business operation mode, we will jointly promote the brand. It can build brand loyalty very well. According to the actual situation of each region, the same medicine can be used to achieve multiplier effect with half the effort, which is better than the traditional agency system.
Image: brass ball valve
2. From the single product to the big-scaled production
When labor costs continue to rise and copper prices are high, many companies are forced to start automated production to improve efficiency and reduce costs. The brass valve industry has begun to exchange scale for the market and promote development with scale. This is a major trend in the future.
Image: brass angle valve
3. From researching valve products to researching piping systems
In the past, there was a product that sold well, and it was very fragrant. It is indeed starting to slowly lose its competitiveness. In fact, it can help users solve the problems and needs of pipelines, which is the real competitiveness. From the wall-hung boiler system to the co-supply, air energy, heat power company, etc., it used to be the production of the order; now, the brass valve manufacturer starts to study the system, invests in research and development, and develops new production to improve customer satisfaction and promote sales. From one step ahead to one step ahead. From simply selling products to selling solutions.
Image: brass valve manufacturer in China
Final Thoughts
In short, under the influence of various comprehensive factors, the copper valve industry has encountered certain development bottlenecks, but only by continuous innovation and truly solving problems and solutions for users, a correct development path will be found.
