Dallas, Texas (PRWEB) February 06, 2013
At present, China’s aluminum wheel market is mainly concentrated in the Shanghai Volkswagen, FAW-Volkswagen, Dongfeng Motor, Guangzhou Honda and Changan automobile; OEM market is the main body. China’s automobile installed with aluminum wheel include limousine (more than 70% of installation ratio), mini bus (60% installation ratio), light bus (40% installation ratio in large vans and off-road vehicles), in small van (20% installation ratio). In terms of automotive type, medium and high-end limousine, micro-van, pickup truck, medium-sized van, and jeep have been installed with aluminum wheel.
In terms of production, during 2008-2012, the total output of China’s main aluminum wheel manufacturers were 32.37 million units, 48.89 million units, 75.19 million units, 99.8 million units, 105 million units respectively, having a YoY increase of 51.03%, 53.79%, 32.73% and 5.21 %. Due to the impact of the international financial crisis, the global automobile production fell sharply in 2008; the domestic aluminum wheel production also significantly decreased in the same period. After the international financial crisis, the domestic aluminum wheel production rebounded sharply in 2009. By 2012, China’s aluminum wheel production has surpassed 105 million units, far beyond the production levels before the financial crisis; but the MoM growth rate began to decline significantly.
Seen from the domestic aluminum wheel output trend, based on aluminum wheels hub superior characteristics and global automobile ownership increasing, China’s aluminum wheel output will keep the rising trend in the future. It is predicted that aluminum wheels hub industry will grow at the rate of 10% in the future in China. China aluminum wheels hub market supply volume will reach to115.55 million units in 2013, and will reach to 170 million units in 2017.
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Key Enterprises in Automotive Aluminum Wheel Industry: CITIC Dicastal Co. Ltd., Zhejiang Wanfeng Auto Wheel Co., Ltd., Zhejiang Yueling Wheels Co., Ltd., Foshan Nanhai Zhongnan Aluminium Wheel Co. Ltd., Ferventwheels Co. Ltd., Liu Feng Machinery Industry Co. Ltd.
Antioxidant 1076 is widely used for polyethylene, polypropylene, polyoxymethylene, ABS resin, polypropylene ethylene, polypropylene vinyl alcohol, engineering plastics, and synthetic rubber and petroleum products. According to the statistics the output of antioxidant 1076 was 9,500 tons in 2011, and this number reached 12,000 tons in 2012, increased by 26.32% over 2011. As for the overall industry, from 2009 to 2012, the output presented an upward trend with the annual growth rate of 22.33%.
Report predicts that with the increasing of output of plastic products and total industrial output value, the market supply volume of antioxidant 1076 will increase continuously in 2013. Calculate at the average growth rate of 20%, China Antioxidant 1076 market supply volume will reach 14,400 tons in 2013; and in 2017, this number will reach about 30,000 tons.
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Key Enterprises in China’s Antioxidant 1076 Industry: Shanghai Ciba Gaoqiao Chemicals Co., Ltd., Shandong Linyi Sunny Wealth Chemicals Co., Ltd., Yingkou Fengguang Chemical Co., Ltd., Beijing Dilong Chemical Co., Ltd., Tianjin ChenGuang Chemicals Co., Ltd., Shanghai Jinhai Albemarle Fine Chemicals Co., Ltd.
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