CMIC: Heat-shrinkable Material In China Markets Entered A Period Of Rapid Development

CMIC (China market intelligence Center) latest release: in the 1990 of the 20th century, the heat-shrinkable material industry entered a period of rapid development in China. In 2010, heat-shrinkable material production enterprises with a certain scale of about 180, the industrial output value of 8.15 billion yuan and industrial output in 2015 is expected to reach 12.6 billion yuan.

Map: 2008-2015 heat-shrinkable material in China production value forecast (million)

Electronic and electricity with heat-shrinkable material is heat-shrinkable material in China's leading products. Electronic heat-shrinkable material manufacturer in China many, but mainly at the lower end of market competition. Benefit from a grid scale of investment growth in China, electric heat-shrinkable material demand, expects 2011 Chinese heat shrinkable cable accessories production will reach 9.75 million sets, heat-shrinkable materials for power market volume reached 2.03 billion yuan.

Automotive heat-shrinkable materials market in China is primarily used by United States Raychem and Sumitomo Electric account, domestic enterprises accounted for 20% of the market. But as domestic heat-shrinkable material in the automotive industry certification through and price advantage, domestic automobile market is expected to further increase the proportion of heat-shrinkable material.