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Global and China Bi-Metal Band Saw Blade Industry Report, 2015-2018

  • September 2015
  • 105 pages
  • Research In China
Report ID: 921089

Summary

Table of Contents

Since the year 2012, due to the aftermath of the global financial crisis and the sub-prime crisis, the prosperity index of manufacturing in China has continued to decline, and the machine tool industry has operated under pressure on the whole. In 2014, China’s output of sawing machine fell for three consecutive years to about 50,480 sets, and the sales volume of corresponding bi-metal band saw blade approximated 48.708 million meters, edging down 1.5% from 2013.

Compared with sluggish domestic demand, China’s bi-metal band saw blade exports continue to expand, largely thanks to better quality of products and improvement in competitiveness of local companies. The country’s export value of bi-metal band saw blade was USD16.714 million in 2014 and USD8.061 million in the first half of 2015, representing a year-on-year surge of 51.34% and 16.22%, respectively.

Top 3 importers of Chinese bi-metal band saw blade are U.S., Italy, and India, which together imported about USD2.8906 million worth of bi-metal band saw blade from China in the first seven months of 2015, making up 35.86% of China’s total export value of such product.

From the perspective of competitive landscape of the Chinese bi-metal band saw blade, in 2014, local brands, focusing on middle and low-end products, took more than 60% of the market with representative companies being Bichamp Cutting Technology and Benxi Tool; foreign brands aim at high-end products market, and representative players include U.S. LENOX, Japanese Amada, and Swedish Bahco, with the latter two having established factories separately in Lianyungang (Jiangsu) and Kunshan to manufacture bi-metal band saw blade.

Among local brands, Benxi Tool has the largest production capacity, manufacturing 15 million meters of bi-metal band saw blade annually. The company’s brands are primarily middle and low-end ones, including LIONS, FORK, SHARE, and ROMANCE. The second largest company in terms of capacity is Bichamp Cutting Technology, which produces 11.72 million meters of bi-metal band saw blade annually and has its products in full range of brands.

In terms of comprehensive strength, Bichamp Cutting Technology enjoys obvious superiority over other local brands. The company reported revenue of RMB277 million and net income of RMB53.81 million in 2013, up 11.08% and 7.86% over the previous year respectively. The revenue for 2014 was RMB350 million, rising by roughly 26.25% year on year.

Among foreign brands, American DoALL and Japanese Amada are the two companies capable of providing full sawing services. Amada has four bi-metal band saw blade manufacturing bases around the world, separately located in Japan (one), Austria (one), and Lianyungang, China (two). In the first quarter of FY2015, the Amada Group made revenue of JPY7.571 billion from Bandsaws Division, 8.4% higher than that in the same period of FY2014, accounting for 13.3% of its total revenue.

Global and China Bi-metal Band Saw Blade Industry Report, 2015-2018 focuses on the followings:
High-speed steel, an upstream raw material of bi-metal band saw blade, and top3 companies;
Operation, output, import & export volume, development trends of sawing machine industry, a sector served by bi-metal band saw blade, and 7 key companies;
Development and competitive landscape of global bi-metal band saw blade market;
Policy climate, sales volume, import & export volume, and competitive landscape of bi-metal band saw blade industry in China;
Analysis of 8 global and 6 Chinese bi-metal band saw blade companies;
Market summary and industry forecasts for 2015-2018.

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