Global Bi-Metal Band Saw Blade Industry Report, 2018-2023, with a Focus on China - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--Feb 1, 2019--The “Global and China Bi-Metal Band Saw Blade Industry Report, 2018-2023” report has been added to ResearchAndMarkets.com’s offering.
Chinese manufacturing rebounded in the wake of a pick-up in infrastructure construction between 2016 and 2018, so did the bi-metal band saw blade as a key integral of metal processing industry.
In 2017, the Chinese manufacturing grew steadily, which spurred the rising sales of bi-metal band saw blades for metal cutting to 50.62 million meters with a year-on-year increase of 12.8%.
Since there exist trade tensions between China and the United States, Chinese manufacturing is still confronted with great uncertainties, causing the bi-metal band saw blade market to progress at a low rate. Till 2023, the sales volume of bi-metal band saw blade for metal cutting in China will be 51.98 million meters, showing a CAGR of 0.4% during 2017-2023.
In China, the homegrown brands in the bi-metal band saw blade market take a lion’s share of at least 75%, but they are primarily focused on the low- and medium-end products, represented by Bichamp Cutting Technology (Hunan), and Benxi Tool.
Foreign brands in general target the high-end product market in China, such as US-based LENOX Tools, Japan-based Amada, Sweden-based BAHCO, among which Amada set up its plant in Lianyungang city, Jiangsu province and BAHCO founded its plant in Kunshan city, Jiangsu province to produce bi-metal band saw blades.
Of the Chinese players, Bichamp Cutting Technology (Hunan) boasts the largest production capacity of bi-metal band saw blades, with competitive brands inclusive of HB, JUSTCUT, AA, Fastre, FICUT, etc., and in 2018 its capacity was raised to 16 million meters thanks to the expansion of bi-metal band saw blade manufacturing lines with the funds raised via IPO in early 2017.
Benxi Tools is capable of producing 15.05 million meters of bi-metal band saw blade annually under brands of LIONS, FORK, SHARE, ROMANCE, among others.
1 Overview of Bi-Metal Band Saw Blade IndustryDefinition Industry Chain Development History Industry Features Entry Barriers Policy Environment
2 High-speed Steel Industry in ChinaProduct Market
3 Sawing Machine Industry in ChinaDefinition & Classification Production Development Trend
4 Global Bi-Metal Band Saw Blade IndustryOverall Market Competitive Landscape
5 Bi-Metal Band Saw Blade Industry in ChinaMarket Size Import & Export Competitive Landscape
6 Major High-speed Steel EnterprisesTiangong International Heye Special Steel Jiangsu Feida Group
7 Major Global Bi-Metal Band Saw Blade EnterprisesDoALL Company Lenox Tools Starrett Amada BAHCO WIKUS EBERLE RONTGEN Hakansson
8 Major Chinese Bi-Metal Band Saw Blade EnterprisesBichamp Cutting Technology (Hunan) Benxi Tool Hunan Techamp Saw & Manufacture Benxi Bi-Metal Saw Dalian Bi-Metal S&T Dongbei Special Steel Group Dalian Special Steel
9 Major Chinese Band Sawing Machine EnterprisesZhejiang Julihuang Sawing Machine Group Shijiangzhuang WinFox Machinery Zhejiang Weiye Sawing Machine Zhejiang Chendiao Machinery Zhejiang Aolinfa Machine Zhejiang Hujin Machine Tool Zhejiang Hengyu Sawing Machine Zhejiang Chenlong Sawing Machine
10 Market Summary and Development Forecast
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View source version on businesswire.com:https://www.businesswire.com/news/home/20190201005178/en/
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SOURCE: Research and Markets
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PUB: 02/01/2019 05:23 AM/DISC: 02/01/2019 05:23 AM