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Analysis of the Current Situation of the Hydraulic Cylinder Industry Chain in China's Upstream, Middle and Downstream Production and Market Scale Will Continue to Expand

Sep 20,2023

Analysis of the Current Situation of the Hydraulic Cylinder Industry Chain in China's Upstream, Middle and Downstream Production and Market Scale Will Continue to Expand

1、 Overview and industrial chain diagram

Hydraulic cylinder, abbreviated as hydraulic cylinder, is an important executive component in the hydraulic system, playing a role as an executive component in the entire hydraulic machinery. Its function is to convert hydraulic energy into linear, oscillating reciprocating mechanical motion. Throughout the process, hydraulic cylinder converts hydraulic energy into mechanical energy, mainly in the fields of automobiles, energy equipment, petroleum, ships, etc. downstream.

我国液压油缸行业产业链上中下游现状分析 产量及市场规模将持续扩大

2、 Upstream market analysis

1. Steel pipes

According to the "Deep Research on the Current Situation of China's Hydraulic Cylinder Market and Investment Trend Prediction Report (2023-2030)" released by Guanyan Report Network, China is the main producer of steel pipes in the world. In 2020, the national production was 89.5427 million tons, a year-on-year increase of 3.73%, accounting for about 60% of the world's production; In 2021, the production of welded steel pipes in China was 58.832 million tons, a year-on-year decrease of 4.6%, while the production of seamless steel pipes was approximately 25.5 million tons, a year-on-year decrease of 8.53%. At the same time, with the strong promotion of the 14th Five Year Plan and the implementation of new infrastructure policies by the country, the supply of China's steel pipe industry will continue to maintain a growth trend.

2. Castings

Castings are metal formed objects obtained through various casting methods, that is, molten liquid metal is injected into pre prepared molds through pouring, injection, suction, or other casting methods, cooled, polished, and other subsequent processing methods to obtain objects with a certain shape, size, and performance. Since China surpassed the United States for the first time in 2000 to become the world's largest producer of castings, its production has consistently ranked first in the world. According to data, in 2021, the production of China's casting industry reached 54.05 million tons, a year-on-year increase of 4%.

3、 Mid stream market analysis

In recent years, the country has vigorously promoted the construction of infrastructure and basic industries, and the equipment manufacturing industry has shown a high-speed growth trend, promoting the development of China's hydraulic cylinder industry. According to data, the market size of China's hydraulic cylinder industry in 2021 was 28.373 billion yuan, a year-on-year increase of 5.5%.

4、 Downstream market analysis

At present, the downstream of the hydraulic cylinder industry is mainly used in industrial production and various mechanical equipment. Specifically, construction machinery is the largest application field in the hydraulic cylinder industry, accounting for 35.39%; Next are the aerospace and metallurgical machinery sectors, accounting for 9.49% and 9.35% respectively.