During the 11th Five-Year Plan period, China's agriculture, water conservancy, energy, transportation, information, construction, environmental protection and other industries have developed rapidly. Therefore, a large amount of mechanical equipment is needed to meet the needs of its development.
With the improvement of industrialization and automation, these equipments need a large number of high performance and high reliability hydraulic pneumatic and sealing elements. According to preliminary estimates, the total domestic demand for hydraulic, hydraulic, pneumatic, and sealing products by 2010 is expected to increase from 20 billion yuan in 2005 (including about 900 million U.S. dollars worth of imports and nearly 300 million U.S. dollars) to about 35 billion yuan (of which The import is about 1.5 billion U.S. dollars and the export is about 500 million U.S. dollars). Among them, hydraulic products increased from more than 10 billion yuan to 20 billion yuan, hydraulic products from more than 1 billion yuan to more than 2 billion yuan, pneumatic products from nearly 3 billion yuan to more than 5 billion yuan, and sealed products from more than 3 billion yuan Yuan increased to 7 billion yuan.
Among them, construction machinery is the largest user of hydraulic products, accounting for 42.3% of the industry's sales, and the proportion will increase in the future. Therefore, the development trend of construction machinery is of utmost importance. It is estimated that by 2010, the annual demand for hydraulic excavators will reach 60,000 to 80,000 sets, bulldozers (above 120 hp) will be nearly 10,000 sets, loaders will be about 100,000 to 120,000 sets, levelers will be about 2,000 sets, and road rollers will be about 1.5 tons. Million, about 20,000 construction cranes, about 80,000 forklifts and nearly 10,000 cement mixers. In addition, China currently has about 1.4 million engineering machinery and is expected to reach 2 million by 2010. It is also known that hydraulic components imported by domestic companies, such as excavators, road machinery, and cement mixers, amount to about 150 million U.S. dollars or more each year. In short, the market for hydraulic equipment and seals used in construction machinery and maintenance will face a new era of great development.

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