In recent years, the state of the technology industry, the introduction of liquid gas-tight, technological innovation, scientific research and development has given some support, and promote the industry's rapid development. China's agriculture, water conservancy, energy, transportation and other industries developed rapidly, this requires a lot of machinery and equipment to meet their development needs. With the industrialization and automation level, the equipment need to support a large number of high-performance and high reliability of hydraulic pneumatic and sealing components.

    Industry status to be optimistic

    Sealing industry constitute the whole, formed a state-owned enterprises, private enterprises, foreign-funded "three pillars" of the situation, the output is basically one-third each. Reform of state-owned enterprises are increasing; the rapid rise of a large number of private enterprises; foreign capital poured into, basically the world's major leading companies in China through joint ventures, sales operations, presented "the transfer of manufacturing to China," the situation.

    The technical level, the state-owned enterprises is 80 years the introduction of leading products and tracking development of the main, the basic level of the international mid-range; private enterprises mostly middle and low products, but the accumulation of funds quickly, the use of domestic technology has been gathered and experienced personnel , technology advances rapidly, and its product quality, variety and service continuous improvement in the competition; foreign to the high-end products, technology and foreign equivalent for domestic joint ventures, wholly-owned enterprises and key projects required to provide high-end mainframe support .

    With the rapid development of China's economy, various types of machinery and equipment using hydraulic, pneumatic drive and control the growing realization, higher demands on the sealing technology. Fluid power products market in China has developed rapidly, in addition to the United States, Europe, Japan, but in developing countries, ranked first. China's imports also increased, and market potential.

    Great potential market outlook

    With the higher level of industrialization and automation, machinery and equipment need to support a large number of high-performance and high reliability of hydraulic pneumatic and sealing components. Preliminary estimates, this year domestic hydraulic, hydraulic, pneumatic and sealing products, the total demand will be increased to 200 billion in 2005 to about 350 million. Among them, the hydraulic products from 100 billion to 200 billion yuan, hydraulic products from more than 10 billion to 20 billion, pneumatic products from nearly 30 billion to more than 50 million products from more than 30 million sealed 7.0 billion dollars to the state's construction of infrastructure and basic industries flourish; addition to the Three Gorges, water, natural gas and electric power, and the Qinghai-Tibet railway construction projects of the century, there are a large number of large coal, oil, open iron ore, power plants, airports, ports, high-speed railway, highway and other key projects, and a large number of urban construction and residential construction. To this end, earth handling the increasing workload, combined with the development of logistics modernization Cargo, and new techniques, new technologies and new materials will enable long-term domestic demand for construction machinery growth.