London, UK (PRWEB) August 27, 2014
Driven by the expanded automobile market capacity, the production of automobile weatherstrip is expected to grow steadily during the next few years, with the demand for the product likely to reach 1.381 billion meters by end-2017. Tightness is an essential indicator for measuring complete auto quality, and seals are one of the most-used parts in an automobile. As of 2013, the domestic demand for automobile seals stood at 995 million meters, up just under 15% y-o-y.
The Chinese automobile weatherstrip manufacturers support primarily home produced brands and low-emission cars, whilst the majority of joint venture (JV) brands and high class models prefer weatherstrips from big multinational auto parts makers. In 2013, the country’s domestic seals producers held a market share of around 44%, while the remaining 56% or so was occupied by overseas companies or JVs. As of 2013, Beijing Wanyuan-Henniges Sealing Systems Co., Ltd., Tianjin Star Light Rubber and Plastic Co., Ltd., Huayu-Cooper Standard Sealing Systems Co., Ltd., Shanghai Nishikawa Sealing System Co., Ltd., Kinugawa Rubber and Plastic Guangzhou Co., Ltd., and Hwaseung Automotive Parts (Taicang) Co., Ltd. were the leading suppliers of automobile seals in China. The major local firms were, amid others, AVIC Guizhou Guihang Automotive Components Co., Ltd., Jianxin Zhao’s Group Corp. and Chongqing Jiaxuan Automobile Sealings Co., Ltd.
New study “China Automobile Seals Supporting Report, 2014-2017” developed by SinoMarketInsight is now available MarketPublishers.com.
Title: China Automobile Seals Supporting Report, 2014-2017
Published: August, 2014
Price: US$ 1,899.00
The research publication offers a comprehensive, unbiased overview and segmentation of China’s automobile industry, further focusing on the domestic automobile weatherstrip sector. The report gives keen insights into the competent authority and regulatory system alongside industrial policies, major developments and trends in the marketplace, and the competitive scenario. The research study then carefully discusses the 6 leading multinational industry players, besides reviewing the 12 leading local firms.
More new studies by the publisher can be found at SinoMarketInsight page.