Q3 statistical analysis of the bearing industry, the rapid development of increasingly bullish market – bearing, bearing market, bearing industry – Hardware Industry
China Bearing Industry continues steady development, has become the domestic support Bearing Smooth running of the largest steel market power. According to China Bearing Industry Association, 107 bearing on the domestic business statistics, 1 in May this year, bearing a total of 498.4 million units of production, up 10.51 percent over last year; bearings export Pin Sales potential of 1.85 million units, up 4.55%. At present, China has become the world's largest bearing producers.
Recent years, the rapid development of China's bearing industry, bearing market became brighter, thus boosting demand for bearing steel, bearing steel become a highlight of excellent steel market.
China Bearing Industry Association, according to the national bearing industry, business groups and 116 major companies in statistics, from January to May, a total of 107 companies producing bearings 498.4 million sets, up 10.51 percent over last year; bearing product sales 483 million sets, up by 7.99%; bearing export sales of 1.85 million units, up 4.55%; accumulated industrial output value of 7.6364 billion yuan, up 25.64 percent over last year; industrial added value 2,357,400,000 yuan, up 20.91% . At present, China has become the world's largest bearing producers.
According to industry analysis and forecast of China's bearing a huge market, especially the rapid development of domestic industry, the host will provide a larger bearing industry market space. Last year, the machinery industry are all sectors to maintain a rapid development momentum, such as construction machinery, heavy mining, agricultural machinery, instruments, machine tools Tool And other machinery industries increased greatly, and some growth rate of 28%. The first half of this year, the added value of machinery industry rose 27.3% off than them CNC machine tools, Fork Car, shovel soil transport machinery, power generating equipment, metallurgical equipment, metal rolling equipment, the average increase in more than 50%; machinery exports increased 46% year on year. Thus, stimulating the demand for bearings. Again, natural gas, electric power, and the South, the Three Gorges, the 2008 Beijing Olympic Games, Shanghai World Expo 2010 a group of national key projects such as mechanical and electrical package bearing the required demand for the market to build a huge bearing platform.
Bearing market continues to expand, but also brought bearing steel market and business opportunities. Shanghai Baosteel Group Corporation is the five steel production base of bearing steel, bearing steel sales booming in recent years. Last year, five developed a high-quality steel bearing steel, such as cars, trucks, speed bus bearing steel, bearing steel production increased 23.8% over the previous year new. The first half of this year, the company's bearing steel production has reached 7.8 million tons, up 35.3%. Newly developed ultra-pure cold-drawn bearing steel material to provide the world's largest miniature bearing manufacturer Minebea Company, for the air conditioning, high-speed silent bearing steel production, and has never users. Jiang Xing Cheng Special Steel Company produces high grade bearing steel, the annual sales of 30 million tons, accounting for one third of domestic consumption, the world's third-largest crowd in bearing steel production enterprises.
Future domestic bearing market will expand. Expert analysis, by 2005 China will produce 3.0 billion sets of bearings, industrial output value reached 31 billion yuan. At present, China already has the production capacity of 24-25 million units, of which General Bearing oversupply. "15" period, the bearings supporting host in the automotive, motorcycle, home appliances, tractors, rail vehicles, metallurgical and mining machinery, petrochemical machinery and textile machinery. China's export prospects for the bearings is expected to export in 2005 up to 18 million units, earning 9-10 billion. Thus, bearing significant increase in demand for steel. 2005 forecast domestic steel consumption will reach bearing 1.2 million tons, compared with growth of at least 20%.
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