China Coal Machinery Industry Status and Trend Analysis
People in the industry believe that after experiencing a period of high growth of 10 years, the coal market in China is now approaching saturation, and the prelude to industry mergers and reorganizations is about to open. According to the prediction of the Coal Machinery Industry Association, during the “12th Five-Year Plan†period, the investment demand driven by the increase in new coal market demand, upgrading and transformation demand, and mechanization rate in China's coal machinery market reached RMB 125 billion, RMB 358.1 billion and RMB 31.8 billion, respectively. The total demand reached 514.9 billion yuan, and the compound annual growth rate reached 22%. The same number of coal-fired machine companies has been created by the huge market space. Song Qiu-shuang, chief engineer of China Coal Equipment Corporation, introduced that before 2000, the number of coal-fired machine enterprises in China was about 130. After more than 10 years of development, the number of coal-fired machine companies has increased to 1,000, an increase of 10 times. Relevant experts pointed out that China's coal mining equipment still has a considerable gap compared with the world level, mainly reflected in product technology standards, design theory, core technologies, life and reliability, manufacturing processes and research. Plate Flange is the most popular using flange type, DIN EN1092-1 BS4504 GOST33259-2015 SANS1123 JIS B2220 KS B1503 and ANSI B16.5 both have plate flange type, plate flange pressure for PN6 PN10 PN16 PN25 PN40, ANSI B16.5 rating class for 150 and 300, JIS B2220 and KS B1503 class for 5K 10K 16K 20K, plate flange facing type have flat face, raised face. Plate Flange manufacturer, plain flange, flat face flange, plate FF flanges, en1092-1 type 01 plate ff flanges Jinan Hyupshin Flanges Co., Ltd , https://www.iflange.com