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Overseas parts of abrasives market potential analysis
06-10——

Since the global financial crisis, the domestic abrasives industry economy has experienced ups and downs, called the ups and downs of the process. 2015 is undoubtedly the industry under more downward pressure on year. Compared with previous years, the overall downward in 2015 as economic operation also showing declines widen again, double down and foreign trade, industry profits continued to deteriorate and other features.


"By 2016, I made up point at the outlet of the first half participated in several overseas exhibition, the results were good!" In mid-July, Dongguan Golden Sun Co., Ltd., general manager Yang Weiming grinding told a reporter. Visible in the country to inventory, to production, under the de-leveraging of market context, overseas markets have become more and more business opportunities concern.


Hereinafter, grinding Business Network / "Abrasives" magazine saw and heard through the industry business summary, sorting out this article, for foreign trade enterprises to learn reference.


Southeast abrasives market


Southeast Asian countries, China is an important economic and trade partner. In addition to the Singapore economy developed, other ASEAN member countries are mainly developing countries. According to the country after the manufacturer's part study found that most Southeast Asian countries do not complete abrasives industry, non-abrasive product range of large-scale production enterprises, abrasive characteristics of enterprises presents a small, scattered, weak features.


Vietnam Abrasives Market


In recent years, the rapid rise of the Vietnamese economy, but the Vietnamese industrial scale is still in its infancy, can not meet the needs of the local social and economic development, more than 90% of industrial machinery and equipment entirely dependent on foreign imports, which also requires a lot of industrial teeth - abrasive Abrasives.


Vietnam's current average monthly wage of workers about 1000-1500 yuan, has been relying on cheap labor and the resource consumption of China milling businesses is a good development opportunity. But before domestic mill prices when visiting Vietnam hardware market found that many local overseas Chinese in Vietnam, the market Cantonese, Chinese trademarks is not uncommon, such as Sunbeam hardware market, most dealers are native of Guangdong, Fujian. Vietnam hardware market is almost no abrasives products franchise stores, mostly co-operation with various types of hardware, but the demand is great for abrasive.


In addition, hardware tools Vietnamese market competition is fierce, not only China, South Korea, Germany and other mill prices in the Vietnamese market force, it also gives a signal to domestic enterprises, the market prospects for the next five years in Vietnam is indeed very impressive.


Thai market


Currently, manufacturing, agriculture and tourism are the main sectors of the Thai economy. Electronics, automotive, stone, architecture and jewelry processing industry and other manufacturing industries the rapid development of the industrial structure changed significantly.


It can be said, in Thailand, all of the traditional abrasive products to the needs of the market, almost all first-occupied. Here, well-known international brands such as Saint-Gobain, the Expo, bison, crown, 3M, Fuji Star, Big East, etc. gathered in the middle reaches of brands such as South Korea deer license, such as the sun, while Chinese brands such as Anwar, Mitsubishi, ace, rhinoceros and a number of OEM products in this market can be very active. In addition, from the layout of the market, financial strength, technical level and international experience in investment and other factors, are entering Thailand Enterprises in China has created a great challenge.


Compared with the Chinese market, Thailand also has a high pay and high environmental standards, and high service and product requirements. Superhard materials and market consolidation in Thailand abrasive polishing abrasive materials larger share, and for precision processing products are relatively high, much higher than in the service of Vietnam a lot. There are a number of custom products market. Overall, Thailand abrasives products, though most of them are imported, but the market is relatively mature, the channel relatively fixed, higher product quality requirements. China grinding If companies want to expand the market in Thailand, be sure to improve in quality and service competitiveness.


Thus, the Southeast Asian countries which rely on the status quo of industrial products in foreign markets imported products in a short time is difficult to significant change, which shows that the regional market is full of development potential and vitality, Chinese enterprises can be part of the mill domestic excess capacity transferred to cheap labor, abundant resources, vast market of the Southeast Asian market. Due to the Southeast Asian market, but also in Japan, an important market and production base in South Korea and Taiwan grinding enterprises, China mill enterprises can learn from the development trend of Japan, South Korea, the United States mill prices of products and technologies, to change the backward technology and products, and to understand the local market product consumption habits and trends in new product development, improve the international competitiveness of independent products and international visibility.


Today, cattle devil industrial supplies cross-border electronic business platform in Southeast Asia are actively layout, in Vietnam has set up a subsidiary, is a new choice for domestic enterprises to develop the Southeast Asian market mill.


Japanese market


Media statistics, since 1998, reached a peak of 1.87 trillion yen, the share of Japanese manufacturing industries will decline continuously, and now the Japanese domestic manufacturing market is very weak, mostly Japanese companies factories in China, Southeast Asia and other places, hollowing out of the status quo continue to appear, the Japanese domestic market demand for abrasive stabilize, market structure and relatively fixed, higher product standards, there is not much market space.


Japanese products are mostly imported raw materials by processing into high-end industrial exports, such as Japan, "high-tech level, high value-added products grinder" occupation of the country in many parts of the abrasive market, with good prospects for the development of grinding machining centers and grinding functions along with machine tool.


Indian market


Last year, India's economic growth rate for the first time overtake China as the world's fastest growing major economy in the country. Thanks to the layout and the transfer of India's demographic dividend and the outbreak of a new round of industry in the world, India is the world as the next China.


Many companies from the domestic layout can be seen in the Indian market, confidence in the Indian market. Whether it is the recent Chinese industrial park in India or "Made in India" the rise of the market are provided as "dental industry." India abrasive market is very mature, India's largest company Abrasives business GNO 1971 Grindwell company and the world's leading manufacturer of abrasives Norton US companies for technical cooperation jointly established. In 1990, Saint-Gobain Norton for American companies to acquire worldwide, GNO became the first Saint-Gobain subsidiaries in India. GNO has become India's leading manufacturer of silicon carbide abrasives and a total of seven production bases, they are also the production and sale of high-performance plastic products Refractory materials and functions. GNO project engineering group, a number of investment projects, Saint-Gobain is the engineering resources in India and globally rare.


At the same time, the pattern of political, religious and cultural, investment environment, India's infrastructure still exists and so is not a small risk, market mechanisms still exist many defects, the risk of which is the domestic milling enterprises undertaking the Indian market to consider.