As the production of durable goods growing rapidly, especially the development of motor vehicles and industrial machinery, the increase of China's bearing market has ranked on the top of the world. According to the industry survey firm The Freedonia Group's analysis report about Chinese bearing market forecast, China's bearing demand will increase 13.8% per year and it will reach 125 billion yuan in 2011, this amount will reach a new height.
In 2011, the application of OEM bearing will still account for more than four fifths of the total
plastic valve demand. The
cip development of some equipment manufacturing markets are particularly strong, such as automobile, industrial machinery, electronic appliances, construction equipment, mining and oilfield. The MRO bearing demand will increase in the driven of the bearing application equipment, it is expected that the growth rate of the
slitting machine motor vehicle maintenance will be the fastest.
In addition, the bearing without
bag making machine block will create the largest
blow molding machine increase, which mainly due to the production of motor vehicles and industrial
pvc fitting as well as the increase of OEM and aftermarket demand. The growth rate of the ordinary bearing without block and the bearing with block will exceed the average level. The plain bearing demand will benefit from its main market -- the growth of the motor vehicles and industrial machinery production. The ordinary bearing
wire mesh design has got continuous promotion, but its price is lower than the rolling bearing, so the
conveyor sales can be increased. The sale of the bearing with
cable block has also increased with the drive of the industrial
bearing production (especially the construction, mining and oil markets).
At present the imported
bearings account for nearly one fourth of the total demand, while the exported bearings account for one fourth of the total shipment. The bearing shipment is expected to exceed the domestic bearing demand and reach 128 billion yuan, up 14.4% a year.
Above provided by
SelectChina.com, and find more information on
China Machinery News/
China Machinery Manufacturers /
China Machinery Products.
