Research Report on Chinese Auto Glass Industry, 2010-2011

Study Report on Chinese Auto Glass Market, 2010-2011

As a main element of the automobile body, vehicle glass can take up about three% of the gross mass of the vehicle. Car glass is generally utilized in the new car manufacture industry and the upkeep industry. Therefore, the need of auto glass is carefully related to the production, revenue and reserving volume of automobiles. In 2009, the product sales volume of the international automobile market place diminished by about four.2%. Influenced by the international automobile desire decline, the progress charge of the global vehicle glass marketplace is slowed down. Nonetheless, the continual progress of the car retain volume provides a large improvement room for the car glass following-sales market place. The global automobile glass marketplace is extremely monopolized. Asahi Glass â?“ the planet largest glass manufacturer â?“ occupies around 1/four of the shares on the car glass marketplace. Additionally, giants in the glass marketplace (Saint-Gobain, Nippon Sheet Glass, and many others) also occupy a large part in the world-wide auto glass market place.

In 2009, Chinese automobile creation totaled about 13.79 million, growing by 48.30% YOY; the sales volume came up to 13.64 million with the expansion rate of 46.15% YOY. In 2009, China surpassed USA for the very first time to turn into the worldwide Top rated market of new cars. China is one of the couple of markets in the world that maintain development in the financial crisis.

With the large-pace improvement of Chinese auto marketplace, the desire volume in Chinese vehicle glass industry increases with the typical progress price of 20% yearly. In 2009, the scale of Chinese automobile glass market place exceeded 70 million m2.

Chinese auto glass market has its own qualities, like as the high entry threshold of the OEM industry and the lengthy certification period (including 3rd-party certification, certification of automobile primary engine plants, bid invitation, layout and check of items, and so forth). It will generally get glass companies about three many years to acquire orders from total vehicle producers. Total motor vehicle producers have substantial requirements on the synchronous R&D, logistics and supply, high quality and creation methods of glass. Additionally, the OEM industry typically presents huge and concentrated demand. Thus, whole motor vehicle companies will decide on large glass manufacturers with large brand recognition as their suppliers. The cooperative relationship will be maintained for a rather long period soon after established. There are several new autos of domestic manufacturers in China, but they are usually featured with small production, tiny batch and great variety. Vehicle glass is a particular aspect for cars. It has a revenue radius. Therefore, favorable distribution of production bases can greater reduce the price and realize nearby complementing for entire cars.

Fuyao Group is China’s biggest automobile glass producer who will take up 10% of the international automobile glass market share. In the domestic OEM marketplace, the marketplace share of Fuyao Group approaches 60%.

By the finish of 2009, Chinese vehicle retain volume was much less than 50 per thousand individuals. In comparison, the average retain volume per thousand people was 140 in the planet and 600-800 in developed countries. As a result, there is still great development possible for Chinese automobile market place.

From January to March of 2010, Chinese auto production attained about four.55 million, expanding by 76.99% YOY; the revenue volume was about 4.61 million, soaring by 71.78% YOY. It is forecast that the yearly progress charge of Chinese car glass industry will sustain about 30% or even increased in the subsequent years. Presently, several issues stay to be solved in Chinese automobile glass industry: most vehicle glass enterprises are of tiny scale and poor merchandise quality, except a number of huge enterprises. Predictably, these little and medium enterprises will be eradicated progressively and their marketplace shares will be taken by competitive enterprises.

Through this report, readers can obtain far more info:

-Growth scenario of Chinese auto glass business

-Prediction on the need of Chinese auto glass marketplace

-Prediction on the development of Chinese car glass marketplace

-Competition on Chinese car glass market place

-Major enterprises in Chinese auto glass business and their operation

-Investment opportunities in Chinese vehicle glass business

-Similarities and distinctions involving Chinese and global auto glass markets

Following individuals are suggested to purchase this report:

-Producers in the auto glass market

-Suppliers in the flat glass market

-Car producers

-Car upkeep enterprises

-Traders concerning Chinese car glass marketplace

-Study institutes regarding Chinese automobile glass industry

-Other individuals regarding Chinese automobile glass industry