Rubber Machinery Market Globally and in China Canvassed by ResearchInChina in Topical Report Published at MarketPublishers.com30 Mar 2016 • by Natalie Aster
LONDON – The robust growth of China’s rubber machinery industry in 2013 lasted till Q1 2014, representing an increase in orders increased and a boom in both production and sales. In July 2014, the USA staged anti-subsidy and anti-dumping investigations and research on Chinese-made tyres utilised for light motor vehicles and light-duty trucks, and Chinese tyre makers were enforced to stop or decrease investments in tyre business, and even a number of tyre enterprises delayed or abolished rubber machinery orders. The revenue generated by the domestic rubber machinery industry in 2014 just grew 4.6% year-on-year to reach around USD 2.09 billion, accounting for a share of nearly 42.5% of the global market.
In the upcoming years, as the growth rate of sales volume of China’s new vehicles is expected to lose steam, the demand for original tyres is set to see a decline in growth rate, while the impressive ownership of cars will likely give a boost to the demand for replacement tyres. Meantime, the trends in the tyre industry such as informatisation, automation, greening, intelligentisation, and high-end, along with applications of new framework materials and nano materials are projected to increase the demand for the high-end safe and eco-friendly tyres with high added value, thus further fuelling a huge inrush of capital into high-end tyre. In the offing, the demand for the high-end rubber machinery alongside the development tendencies of the tyre industry like energy conserving, informatisation, automation, eco-friendliness and high intelligence will exhibit fast-paced growth.
Topical research report “Global and China Rubber Machinery Industry Report, 2015-2018” drawn up by ResearchInChina offers an up-close analysis of the Chinese rubber machinery marketplace on a global level and in China. It gives deep insights into the industry. It then examines global rubber machinery as well as a slew of downstream markets, covering market size, markets across various regions, competitive scenario, tyre industry operations, among others. The report analyses the Chinese rubber machinery market, its current state, market size, competitive intensity, exports, downstream sectors, and more. It provides market segmentation, includes an in-depth analysis on the 8 global and 18 domestic rubber machinery firms; and also provides forecasts for Chinese and worldwide rubber machinery markets.
Global and China Rubber Machinery Industry Report, 2015-2018
Published: September, 2015
Price: US$ 2,600.00
More reports by our market research partner can be found at ResearchInChina page.