What is the market outlook for vacuum pumps?

With the development of the national economy and the improvement of people's living standards, our living environment is getting better and better. However, this is accompanied by the problem of sewage treatment. There are many types of domestic sewage treatment equipment, mainly including: screens, aeration tanks, sedimentation tanks, anaerobic digestion, aerated biofilters, oxidation ponds, etc. Among them, biofilters and activated sludge methods are the most widely used.

Traditional sewage treatment equipment mostly adopts gravity and aeration methods. This method has problems such as large investment, large land occupation, and high operating costs, and can no longer meet the requirements of modern urban development and residents' lives. With the advancement of science and technology, many new sewage treatment equipment have emerged, such as: activated sludge method, biofilm method, etc. However, most of these equipment have large land occupation, high operating costs, and large investment requirements, which has become an important factor restricting the development of China's sewage treatment industry.

China is a country with a serious shortage of water resources, with per capita water resources only one-fourth of the world average. In recent years, with the rapid growth of the demand for water resources in China's economic construction and social development, the contradiction between water supply and demand has become increasingly prominent. Although the country has adopted a series of water-saving measures in recent years, the problem of water shortage has not been fundamentally solved. Currently, about 40% of cities nationwide have varying degrees of water shortage. Under this situation, people have put forward higher requirements for sewage treatment: not only to treat pollutants in the water, but also to improve the utilization rate of water in the water.

China's sewage treatment industry is developing rapidly, and foreign brands dominate the sewage treatment market. However, due to the late start, lack of funds, and weak technical strength of China's sewage treatment industry, it has always relied on foreign companies to provide technical and management services. With the increasing importance of national policies on environmental protection and the continuous improvement of the technical and service levels of domestic enterprises, domestic enterprises have gradually competed with foreign enterprises and achieved certain results.

However, due to the late start and limited technical level of China's sewage treatment industry, coupled with the development of domestic environmental protection enterprises in recent years and the increased efforts of foreign environmental governance equipment enterprises to open up the domestic market, the share of foreign brands in the sewage treatment market has been continuously expanding. At present, China's environmental protection industry is developing rapidly, and the demand for the sewage treatment market is continuously increasing. However, due to limited technical level and the late start of China's environmental protection industry, the share of foreign brands in the market has been continuously expanding.

Against the backdrop of the rapid development of China's environmental protection industry, the sewage treatment industry has ushered in a new round of development opportunities