First of all, China has become the largest country in the production and consumption of enameled wire. With the transfer of the world manufacturing center, the global enameled wire market has also begun to shift to China. China has become an important processing base in the world.
Especially after China’s accession to the WTO, China’s enameled wire industry has also achieved rapid development. The output of enameled wire has surpassed the United States and Japan, becoming the world’s largest production and consumption country.
With the increasing degree of economic openness, the export of enameled wire downstream industry has also increased year by year, driving the enameled wire industry to enter the international market. Secondly, regional agglomeration benefits are significant.
The future development of the enameled wire industry is mainly reflected in three aspects. First, the concentration of the industry is further improved. As China’s economy enters the new normal, the growth rate slows down, and all industries face the problem of overcapacity.
It is a policy vigorously pursued by the state to eliminate backward capacity and close polluting enterprises. At present, the concentration of enameled wire manufacturers in China is in the Yangtze River Delta, the Pearl River Delta, and Bohai Bay area, There are about 1000 enterprises in the industry, but there are more small and medium-sized enterprises and the industry concentration is low.
With the acceleration of the upgrading process of the industrial structure in the downstream field of enameled wire, the integration of the enameled wire industry will be promoted. Only enterprises with good reputation, certain scale and high technology level can stand out in the competition, and the industry concentration will be further improved. Secondly, the industrial structure adjustment is accelerated.
Technological upgrading and demand diversification are the trigger factors to promote the accelerated industrial structure adjustment of enameled wire, so that the general enameled wire maintains a stable growth state, and vigorously promote the rapid development of special enameled wire.
Finally, energy conservation and environmental protection have become the direction of technology development. The country pays more and more attention to environmental protection and energy conservation, green innovation, and the production process of enameled wire will produce a lot of pollution.
Many enterprises’ equipment technology is not up to standard, and the environmental protection pressure is also increasing. Without the research and development of environmental protection technology and the introduction of environmental protection equipment, it is difficult for enterprises to survive and develop for a long time.
Post time: Mar-21-2023