Chinese industry media reports that the domestic market for large chemical stainless steel equipment — reactors, towers, storage tanks, heat exchangers and mixing units — has exceeded RMB 180 billion, with roughly 12% average annual compound growth over five years. Demand is being pulled by fine chemicals, new materials, biopharma, electronic chemicals and new energy, and by replacement of carbon steel and glass-lined vessels. Buyers are asking for ASME and PED compliant fabrication, with weld non-destructive testing and pressure and tightness tests required as standard pre-delivery checks.
This is an editorial summary written by Xinrui Technology. All rights to the original report belong to Cross-Strait Economic News.