Wafangdian Yongning Grate Manufacturing Co., Ltd.

YONGNING

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The industrial boiler market is growing steadily, and Yongning grates are driving continuous growth in the supporting grate industry.

Release Time:

Aug 11,2021

Description:  Recently, research institutions officially released the "2020-2026 China Grate Industry Development Research Analysis and Development Trend Forecast Report." The report shows that as China's industrial development direction continues to transform from "Made in China" to "Intelligent Manufacturing in China," the industrial boiler market will also undergo iterative upgrades. In this process, the supporting sub-industries of boilers, including grates, will also welcome new development opportunities.

       Recently, research institutions officially released the "2020-2026 China Grate Industry Development Research Analysis and Development Trend Forecast Report." The report shows that as China's industrial development direction continues to transform from "Made in China" to "Intelligent Manufacturing in China," the industrial boiler market will also undergo iterative upgrades. In this process, the supporting sub-industries of boilers, including grates, will welcome new development opportunities.

 

 

       Data shows that the Chinese industrial boiler market has been on a steady upward trajectory in recent years.In 2001, the boiler output was 85,400 steam tons, and from January to April 2018, the cumulative output of industrial boilers in China reached 104,937.3 evaporation tons. With the continuous improvement of the Chinese economy, a significant increase is expected in the future, with a capacity of 690,000 evaporation tons anticipated by 2022. From the perspective of industrial boiler sales, there is also a steady upward trend, which has now exceeded 200 billion yuan.

 

 

       If we calculate based on the report's forecast of a 5% compound annual growth rate for industrial boilers,the corresponding grate industry will also continue to improve. Moreover, there is a trend worth noting: the report indicates that in recent years, the industrial boiler market has begun to undergo industry upgrades, and the previously common situation of low production concentration is expected to improve. This trend is also reflected in the supporting grate sub-sector.

 

       Vertical industry brands represented by Yongning Grate Manufacturing Co., Ltd. have gained more voice and market share in the supply market of the industrial chain by continuously increasing investment in technology. This trend may continue in the future, with the concentration of enterprises in industrial boilers and supporting grates gradually increasing, and some small and medium-sized enterprises with weak R&D capabilities being eliminated.

 

 

 

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