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Next year, the development rate of vacuum furnaces will return to 15%
Dec 25 2024
The China Vacuum Furnace Industry Association recently forecast that the annual growth rate of production and sales in the vacuum furnace industry will fall back significantly from last year's level of more than 30%, but the growth rate can still reach about 20%, and it is expected that next year the economic operation of the entire industry will return from the sustained high-speed growth of the past two years to a normal annual development rate of about 15%. Under the guidance of the country's macro-control, it is expected that the petroleum and chemical equipment manufacturing industry will still maintain rapid development in the next two years.

    The industry will continue to be “unevenly hot and cold”

    The focus of this macro-control is on structural adjustment. In the vacuum furnace industry, some sectors have been affected by cooling, while other fields have gained opportunities for accelerated development. Specifically, the industries that will continue to remain “hot” include agricultural machinery, general petrochemical equipment, machine tools, electrical engineering and electrical appliances, while industries such as engineering vacuum furnaces and automobiles have not yet shown signs of emerging from the “cold.”

    In the agricultural machinery industry, with the implementation of the country's policies supporting “agriculture, rural areas, and farmers,” this year's agricultural harvest is basically assured, farmers' incomes are expected to rise, and especially with the implementation of special subsidy funds from the state and provincial and municipal governments for the purchase of agricultural machinery, a new round of “agricultural machinery boom” will emerge; large and medium-horsepower tractors, especially tractors above 60 horsepower, have been selling briskly throughout this year, and by 7月 more than 50,000 units had already been produced, with demand still exceeding supply in the market; starting from 6月, with the issuance of state machinery purchase subsidies, the rice combine harvester market has seen an “explosive” situation, and it is estimated that this year the production and sales of full-feed rice combine harvesters will exceed 20,000 units, more than double last year. Rice transplanters will also become a new highlight of agricultural machinery

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