Research and Markets: China Powder Metallurgy Industry Report, 2010-2011 on Astini News
Press Release Source: Research and Markets On Wednesday September 14, 2011, 10:05 am EDT
DUBLIN--(BUSINESS WIRE)-- Research and Markets (http://telecomadvisors.biz/www.researchandmarkets.com/research/b85998/china_powder_metal) has announced the addition of the "China Powder Metallurgy Industry Report, 2010-2011" report to their offering.
Benefiting from China's status as a global manufacturing center, industries such as the auto parts industry have been transferring their capacities to China, pushing the rapid development of powder metallurgy industry. In H1 2011, the output of powder metallurgical machinery parts in China hit 85,980 tons, and the sales volume realized 81,213 tons, up 16.8% and 12.8% year-on-year respectively.
In most industrialized countries, about 70%-85% powder metallurgy parts products are applied in automotive industry. In 2010, the automobile output of China hit 18.2647 million, up 32.44% year-on-year. According to CMPMA, the sales volume of powder metallurgy auto parts in 2010 realized 65,608 tons, up 52.4% year-on-year.
Presently, the consumption of powder metallurgy parts by an automobile made in China approximates 4.5 kg, far lower than 15-20kg in Europe and America. With accelerated industrialization of clean electric vehicle, the consumption of powder metallurgy composite materials will be several times of the present level, indicating huge market potential.
In the powder metallurgy parts market of China, home appliance parts, especially refrigerator compressor parts, carry weight, which is attributable to the buoyant refrigerator compressor market. In 2010, the sales volume of home appliance powder metallurgy parts increased by 46% year-on-year to 32,632 tons. In the field of compressor parts, the penetration of powder metallurgy parts is roughly 30%, still with much room for improvement.
NBTM New Materials Group, a domestic flagship manufacturer of powder metallurgy products, possesses eight subsidiaries, with the total assets in 2010 exceeding RMB1.4billion and the total capacity surpassing 45,000 tons/year. And the products of the company are widely applied in automobile, motorcycle, refrigerator and air-conditioning compressor, electric tool and home appliance industries.
In 2010, the company's sales of powder metallurgy auto parts exceeded RMB3.9 billion, up 49% year-on-year, accounting for more than 44% of its total sales revenue. In H1 2011, the company's sales volume of powder metallurgy products totaled 19,842.9 tons.
Key Topics Covered:
1. Overview of Powder Metallurgy
2. Global and China Powder Metallurgy Market
3. Key Powder Metallurgy Enterprises in China
4. Other Powder Metallurgy Enterprises in China
5. Market Outlook
Companies Mentioned:
- NBTM New Materials Group Co., Ltd.
- Hunan Boyun New Materials Co., Ltd.
- Advanced Technology & Materials Co., Ltd. (AT&M)
- Luyin Investment Group Co., Ltd.
- Henan Huanghe Whirlwind Co. Ltd.
- Anhui FENGXING Wear Resistant Materials Ltd.
- Porite Dongguan Dalang Powder Metallurgy Plant
- Shandong Laiwu Jinshi P/M Co., Ltd.
- Shanxi Jinyu Powder Metallurgy Co., Ltd.
- Laiwu New Star New Materials Co., Ltd.
- Suzhou Kingdream Shareate Cemented Carbide Co., Ltd.
- Ningbo Zhonghang Magnetic Materials Co., Ltd.
- Dongguan Zhuxiang Metal Products Co., Ltd.
- Hai'an Eagle-Globe Powder Metallurgy Co., Ltd.
- Wuxi Taiyuan Machine Building Co., Ltd.
- Shandong Dawang Jintai Group
For more information visit http://telecomadvisors.biz/www.researchandmarkets.com/research/b85998/china_powder_metal
