Table of Contents
After years of development, the international magnet wire industry of developed countries has owned relatively advanced R & D and technology levels. The large enterprises of the industry are mainly concentrated in North America, Japan, West Europe and other countries, forming the orderly competition market of several large transnational enterprises. In addition, as the decline of manufacturing cost of manufacturing industry and transnational enterprises successfully fight for allocating the Chinese market and investing in factory construction, the competition of Chinese domestic magnet wire market is accelerated.
After years of development, both the overall scale and enterprise number of Chinese magnet wire industry are improved a lot. At the end of 2012, the number of various domestic magnet wire manufacturers reached 1,300 with the total output of magnet wire of 1.3543 million tons, which accounted for more than 42.00% of the overall global output.
Seen from the overall industry, the concentration ratio is low with fierce market competition. Among the over 1,300 manufacturers, there are about 200 enterprises with certain scale and there are only more than 10 enterprises with the annual production capacity of over 50,000 tons. Some small magnet manufacturers only have the annual production capacity of a few thousand tons or even a few hundred tons.
Guangdong, Zhejiang and Jiangsu are the major provinces with most concentrated magnet wire enterprises in China, and the three provinces’ total number of magnet wire enterprises takes up over 50% of the total number of China’s magnet wire enterprises. Besides the three provinces above, the number of magnet enterprises in Shanghai, Hebei, Shandong and Liaoning is also a lot. The downstream enterprises of magnet products in China are mainly concentrated in the coastal region of Southeast China; the major regional distribution of supply & demand basically coincides.
Most enterprises of the industry only produce the ordinary products without characteristics. For the high-end products, such as electronic wires, special wires for new energy automobiles, wires for the wind power equipment and aviation & aerospace equipment etc., as the suppliers are limited, large supply & demand gap exists.
During the 12th-Five-Year, it is predicted that the output of magnet wire will still grow at the rate of about 6% in China, while the growth rate of demand volume will also be about 5%. We predict that the output and consumption of magnet wire in China will reach respectively 1.87 million tons and 1.80 million tons by 2016.
Please note: The report is Chinese version. It will provide the English version in two business days.
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