Table of Contents
China’s bi-metal band saw blade industry has a very short development process. Now the industry is still in the high-speed growth period; the enterprises are not so many and industry concentration ratio is high, but the enterprise qualification is non-unified and their scales have a large gap.
In 2012, the overall market scale of China’s bi-metal band saw blade industry increased to 58.8 million meters and the output rose by nearly 10% compared with that of 2011. On the whole, during 2007 to 2012, China’s bi-metal band saw blade industry had rapid growth and the average growth rate was 18.2%.
The most major cutting objects of bi-metal band saw blades are steel and non-ferrous metals. In the first half of 2013, the domestic economy growth slowed, which reflected that the growth of industry economic indicator of steel consumption strength declined. During January to May, the industry added value with the designated scale above has the year-on-year growth of 9.4%, declining by 1.3 percentage points compared with 2012 over the same period. The growth rate of non-ferrous metal industry was about 7% and declined.
Huidian Research holds a view that with the economy depression of manufacturing industry in the second half of 2013, the development of steel and non-ferrous metal industry is not promising and it will inevitably affect the development of bi-metal band saw blade industry. So it is estimated that the output growth of bi-metal band saw blades will decline in the whole year of 2013 and the output will reach 65 million meters with the annual growth rate of about 12%.
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