Market Competition Analysis of Chinese Abrasives Industry

Abrasives are sharp, hard materials used to grind softer surfaces. There are two types of abrasives: natural abrasives and artificial abrasives. According to the hardness, there are two categories of super-hard abrasives and ordinary abrasives. Abrasives range from softer household detergents, gemstone abrasives to the hardest material, diamond. Abrasives are an essential material in the manufacture of every precision product. Many natural abrasives have been replaced by artificial abrasives. Except for diamond, the properties of natural abrasives are not stable, but they still have their value. Abrasives are tools used for grinding, lapping and polishing. Most of the abrasives are artificial abrasives made of abrasives and binders, and there are also natural abrasives that are directly processed from natural ore rocks. In addition to being widely used in machinery manufacturing and other metal processing industries, abrasive tools are also used in food processing, paper industry and processing of non-metallic materials such as ceramics, glass, stone, plastic, rubber, and wood.

 

In 2017, the volume and value of imported products of China's abrasives rose and fell, but without exception, the average import price increased. According to the statistics of enterprises above designated size of the Coated Abrasives Branch, the sales revenue of coated abrasives products in 2017 reached 6.332 billion yuan, an increase of 8.20% over 2016. In 2017, the output of coated abrasives reached 560 million square meters, an increase of 9.33% over 2016; the output value reached 6.53 billion yuan, an increase of 10.16% over 2016; the unit price per square meter reached 11.57 yuan, an increase of 0.86 over the same period in 2016. %.

Although the prospect of the abrasive industry is very bright, it requires continuous efforts to achieve good expectations. The reasons why the prospect is worth looking forward to are as follows: First, most key enterprises in my country's abrasives industry have basically completed the management system reform, transition transformation and industrial structure adjustment and optimization, and have integrated into the international competition environment in advance. The basis for development and the potential for technological progress have been fully accumulated. Second, with the development of high-tech industries worldwide and the progress of traditional industrial technology, various new materials and new processes have been widely used in many important fields. As important engineering materials and main processing tools, abrasives are more It shows its importance and indispensability in technological progress. Third, there is a large market space for the development of abrasives.

 

According to incomplete statistics, there are 2,000 abrasive manufacturers in my country, most of which are small and micro enterprises. According to the calculation of Zhongyan Puhua, the market size of the abrasives industry in 2017 was 49 billion yuan.

According to the statistics of enterprises above designated size of the Coated Abrasives Branch, the sales revenue of coated abrasives products in 2017 reached 6.332 billion yuan, an increase of 8.20% over 2016.

In 2017, the output of coated abrasives reached 560 million square meters, an increase of 9.33% over 2016; the output value reached 6.53 billion yuan, an increase of 10.16% over 2016; the unit price per square meter reached 11.57 yuan, an increase of 0.86 over the same period in 2016. %.

According to the statistical results in 2017: the annual sales revenue of coated abrasives: 30 companies with more than 50 million yuan. There are 19 companies with more than 100 million yuan. The total sales revenue of these 19 coated abrasives is 5,234.879 million yuan, accounting for 82.67% of the total sales revenue of coated abrasives.

 

For more information on China's abrasives industry, please contact the leading manufacturer BINIC ABRASIVE.