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Albany, NY -- (SBWIRE) -- 10/16/2014 -- According to Global and China Rubber Machinery Industry Report, 2014-2017, released by Sino Market Insight, it is projected that the market size of rubber machinery in China will reach USD4.07 billion.
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Fueled by the rise in tire investment, the rubber machinery industry in China, following a downturn in 2012, showed a strong rebound in 2013, with the revenue for the year hitting USD2.3 billion, up 36.5% from a year earlier. And the revenue accounted for 48.6% of the global total, rising 8.2 percentage points compared with 2012. In the future, with the rapid growth in the production and total ownership of automobiles in China, the supporting tire market will present a rapid development, thus giving an impetus to the rapid growth of the revenue from the rubber machinery industry in China. What’s more, the global leading tire manufacturers will speed up the establishment of factories in China, which would drive the demand for tire exports, thereby further expanding the market demand for the rubber machinery in China.
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In 2013, the top 5 rubber machinery enterprises in China by the revenue from rubber machinery business were respectively MESNAC, Dalian Rubber & Plastics Machinery, Yiyang Rubber & Plastics Machinery Group, Tianjin Saixiang Technology and Guilin Rubber Machinery, the same ranking with that of 2012. And their revenue from rubber machinery business were USD405 million and USD193.4 million, USD134.9 million, USD127.9 million, and USD81.9 million, respectively, up 30.8%, -7.0%, 38.2%, 49.2% and 6.0%, separately, on a year-on-year basis. Among the top 5, however, Yiyang Rubber & Plastics Machinery Group and Guilin Rubber Machinery are the subsidiaries of China National Chemical Equipment Corp.(CNCE), which also holds Fujian Sino-Rubber Machinery Co., Ltd., a third subsidiary specializing in rubber machinery business. In addition, vulcanizer and internal mixer series, manufactured by CNCE, are sold under the two Chinese brands of “Lichuang” and “Double-Wheel”.
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Global and China Rubber Machinery Industry Report, 2014-2017 by Sino Market Insight involves 6 chapters and 95 charts, including the followings:
Introduction of China’s macro environment;
Overview of rubber machinery industry, including the definition, relevant policies and industry chain, etc.;
Global and China’s rubber machinery market, including the overall market size, regional market size as well as the enterprises’ competition pattern, etc.;
Market segments of rubber machinery industry, including market status and size of internal mixers, radial tire molding machines, vulcanizing machines and tire molds;
Analysis of global and China's major rubber machinery manufacturers, including their profile, revenue, revenue structure, gross margin, R&D expenditure, as well as the revenue from rubber machinery business and related subsidiaries, and development strategies, etc.
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