Deep Research Of Heat-shrinkable Material Industry: Automotive And High-speed Rail Demand Pull Upwards

High-speed rail started a rapid growth period, pulling the market for heat-shrinkable material in high-speed rail expansion. On the high-speed heat-shrinkable materials are mainly used in gaotieboge, on the rail when the signal is delivered can be insulated to protect the function and circuit protection of electric locomotives are also useful to. In accordance with the "Twelve-Five" plan, high-speed rail will be in 2015 and 2020 respectively, 16,000, construction of 30,000 km of mileage, according to our forecasts for heat-shrinkable material, high-speed heat shrinkable materials market space in 2015 and 2020 respectively, reached 930 million, $1.75 billion. High-speed rail heat-shrinkable material gross margin above 50% 2010 heat-shrinkable material consolidated gross profit margin was 28%, high-speed thermal material will become heat-shrinkable material profit rate one of the highest parts.

Automotive wiring harness with heat-shrinkable material, China's market share is expected to rise further. Currently China domestic of hot shrink material for car manufacturing of market accounted for than also very low, only 20% around, global 80% of market accounted for than was United States Swiss kan and Japan live friends occupy, with domestic in car industry certification Shang of full through and cost Shang of advantage, car with hot shrink casing of market accounted for than is expected to further improve, currently domestic production of car with double wall hot shrink casing of price only United States Swiss kan, and Japan live friends of 20%-50%. In accordance with the availability analysis of automotive industry in China, if all Chinese automotive heat-shrinkable sleeve, average value of about 100-200 million per car, heat-shrinkable sleeve by using the foreign price of 200-500 Yuan. Heat shrink tube for automobile in China increased their market share to 40%, global production of 70 million units per year, heat shrink tubing for automotive market in China will reach 4.2 billion. And the gross margin between 40-50% of automotive heat-shrinkable sleeve, above the industry average.