The oil tank industry of the generator oil tank is a very long history industry. However, the oil tank industry in our country started much later than the prosperous country. With China's broad market demand and production advantages, China's oil industry to carry out the tank generator speed, in the decades of development also has the prominent result. In the past, the capacity of the oil tank industry in our country could not meet the demand of the domestic market, and many high-end equipment were imported from abroad. At present, with the rise of China's manufacturing industry, China's generator oil tank and oil tank industry has been a major property plan, not only enough to meet the needs of the domestic market, but also exported to foreign countries, which has made a great contribution to China's export earning. The pump manufacturing industry is a labor intensive industry. China has abundant human capital and low wage cost, so the pump products produced in China have a strong price advantage. This is also the most important reason why our pump products have been sent off in the international market. However, there is still a big gap between the skills of the oil tank industry of our micro generator and the advanced skills of the advanced foreign countries. Some of the high-end pump products are far behind the developed countries, and the low end products overcapacity is also one of the obstacles to further upgrading the generator oil tank and oil barrel industry in China

With the progress of labor assurance in recent years and the promotion of raw material market price, the profit margin of China's generator tank and oil drum industry is also gradually decreasing. In addition, China's rapid development of construction, environmental protection and other industries has made many foreign pump manufacturers take a broad view of China's market and participate in the fierce competition in the domestic pump market, which has brought great pressure to our pump manufacturers.

In view of the development of the water pump market in our country, the industry personage analysis, our country continues to increase the market space is the rich soil produced by the water pump enterprises in China. However, the domestic generator tank and oil drum industry should also realize that once the price advantage has not been able to achieve sustained market development, how to start from itself and enhance the core competitiveness of enterprises should be considered by our Pump Companies in the future.