Today: August 24, 2016, 7:57 pm
  
Finance

Global bi-metal band saw blade market: $1.86 billion industry in 2011

companiesandmarkets.com
companiesandmarkets.com
Global and China Bi-Metal Band Saw Blade Industry Report, 2013 - a new market research report on companiesandmarkets.com

 

PR-Inside.com: 2014-04-18 12:45:03
In recent years, the global market size of bi-metal band saw blade has been increasing, but the growth rate has slowed down. In 2011, the global market size of bi-metal band saw blade was approximately USD1.863 billion, an increase of 7.01% year on year (the growth rate was 8.07% in 2010). Currently, as the bi-metal band saw blade market in developed countries has gradually matured and been stable, the growth in demand mainly comes from emerging economies like China and India.

Affected by domestic macro-economic slowdown as well as export market downturn, China´s sales volume of bi-metal band saw blade approximated 53.5 million meters in 2012, equivalent to that in 2011. With the slow recovery of the export market and the rapid development of China´s automotive, aerospace, aviation, military, IT and other emerging industries, the sales volume is expected to reach 55.85 million meters in 2016.

In 2013, the world´s leading bi-metal band saw blade manufacturers continue to introduce new products. In January 2013, Starrett released Primalloy band saw blade in the Chinese market; in April 2013, LENOX introduced Contestor XL bi-metal band saw blade, which has a longer service life in cutting large-size intractable metallic materials.

While constantly releasing new products, major foreign companies are expanding operations in China. In March, 2013, AMADA opened a facility in Qingpu District of Shanghai, which will serve as the hub for its China business.

Bichamp Cutting Technology (Hunan) Co., Ltd., a Chinese local enterprise, has a bi-metal band saw blade production capacity of 12,500 km, ranking the first in China. In 2012, Bichamp achieved revenue and net income of RMB 250 million and RMB 49.7 million, down 3.48% and 25.54% year on year respectively.

Click for report details: www.companiesandmarkets.com/Market/Construction/Market-Research/ ..

Browse all Construction Market Research Reports www.companiesandmarkets.com/Market/Construction/Market-Research? ..

Browse all Construction Company Profile Reports www.companiesandmarkets.com/Market/Construction/Company-Profile? ..

Browse all Latest Market Research Reports www.companiesandmarkets.com/Market/All/Market-Research?aCode=f3f ..

About Us
Companiesandmarkets.com is a leading online business information aggregator with over 300,000 market reports and company profiles available to our clients. Our extensive range of reports are sourced from the leading publishers of business information and provide clients with the widest range of information available. In terms of company profiles, Companiesandmarkets.com’s online database allows clients access to market and corporate information to over 100,000 different companies. We provide clients with a fully indexed database of information where clients can find specific market reports on their niche industry sectors of interest.


Press Information


Published by
Mike King
London: +44 (0) 203 086 8600
e-mail
www.companiesandmarkets.com



# 474 Words
Related Articles
 
More From Finance
Day Trade to Win New September Class [..]
Sold Out? New Class Added – On September 6, 2016, DayTradeToWin.com is launching a brand new eight-week trading boot camp [..]
FTM (Forget The Market) Reopens 3 Shares [..]
Port Vila, Vanuatu, 28th July 2016 - Investment firm FTM today announced the reopening of three separate share options, projected [..]
Ex-Citibanker Launching Online P2P marketplace in India [..]
A study conducted by World Bank shows that MSMEs in India face an estimated credit gap of INR 20.9 trillion [..]
New Frontier Portfolios Top Morningstar Rankings
New Frontier’s global strategic portfolios topped the Global Balanced Strategic/All-Inclusive category of the latest Morningstar ETF [..]
The Robinhood of Wall Street: No Fee [..]
The securities and exchange industry has always been known to charge high. Today your average broker has come down drastically [..]

Disclaimer: If you have any questions regarding information in this press release please contact the company added in the press release. Please do not contact pr-inside. We will not be able to assist you. PR-inside disclaims the content included in this release.