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Analysis of the current market situation of China's automobile sealing strip industry, low carbon economy drives the steady development of the industry

🕙 2023-09-06 👆

1、 Overview of sealing strip industry
The automobile sealing strip has the functions of body sealing, sound insulation, dust prevention, waterproof, shock absorption, decoration, etc. it plays an important role in improving the comfort and safety of driving and riding in the vehicle and protecting the body and components in the vehicle. Automobile sealing strips can be divided into the following types according to the use position, raw material composition, structure and other ways:
In the early days, natural rubber, neoprene rubber and soft PVC were the main sealing strip materials for automobiles. With the rapid development of the automobile industry and the improvement of the working life and riding comfort of automobile components, ethylene propylene diene monomer (EPDM) became the first choice for the production of automobile sealing strips due to its excellent weather resistance, heat resistance, ozone resistance, ultraviolet linearity, good processing performance and low compression set. At the same time, more and more new materials such as thermoplastic elastomer (TPE) materials are applied to the processing and production of automobile sealing strips.
2、 Analysis of current market situation of automobile sealing strip industry in China
With the development of Asian economy, the demand for automobiles in Asia, especially in China, is growing rapidly. The focus of the international automobile industry is shifting to Asia, whether it is the production or sales of automobiles. Major global automobile manufacturers have invested and built factories in Asia through sole proprietorship or joint ventures. With the improvement of the income level of urban and rural residents in China and the improvement of transportation infrastructure, the willingness and ability of residents to buy motor vehicles have become increasingly prominent. According to statistics, by the first half of 2020, the number of motor vehicles in China had reached 3. 600 million vehicles, including 2 cars. 700 million.
In terms of market scale, the market scale of China's automobile sealing strip industry in 2015 was about 16 billion yuan. If we simply calculate that each car needs about 45 meters of sealing strips, the unit price of automobile sealing strips in 2015 is about 14. 5 yuan / meter. Assuming that the unit price of automobile sealing strips increases at an annual rate of 1%, it is estimated that the market scale of China's automobile sealing strip industry in 2019 will be about 17.5 billion yuan.
3、 Analysis on the competitive pattern of China's automobile sealing strip industry
According to statistics, the 33 major automobile sealing strip manufacturers participating in the statistics in 2015 covered almost all automobile manufacturers in China and all models including passenger cars and commercial vehicles. The main 33 enterprises account for about 95% of the market share, of which the market share of foreign capital and joint ventures is about 63%, and the market share of local sealing strip manufacturers is about 32%.
4、 Analysis on entry barriers of automobile sealing strip industry
At present, the entry barriers of China's automobile sealing strip industry mainly include technical development and manufacturing barriers, customer certification barriers, cost control barriers, and access barriers formed by the relatively high concentration of supply and demand:
5、 Development prospect of automobile sealing strip industry
With the increasing demand of people, automobile design still needs to be improved. For example, under the current social development background, people are more inclined to drive the development of cars with a low-carbon economy. The steady development of the automobile sealing strip industry driven by the low-carbon economy plays a vital role in the whole industry.