PRTODAY / NewswireToday Free press release distribution service network

Written by / Agency / Source: ResearchInChina

Check Ads Availability|e-mail Article


Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!

ResearchinChina.com Publishes China Sling 2010-2011 Industry Report - ResearchInChina, the vertical portal for Chinese business intelligence, announces the release of a new report –China Sling Industry Report, 2010-2011
ResearchinChina.com Publishes China Sling 2010-2011 Industry Report

 

NewswireToday - /newswire/ - Beijing, China, 2011/09/22 - ResearchInChina, the vertical portal for Chinese business intelligence, announces the release of a new report –China Sling Industry Report, 2010-2011.

   
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Manufacturing/Robotics Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Sling industry emerged in China in the 1990s and currently is in its introduction stage, featuring low prevalence of professional sling but huge demand potentiality. The market size of global sling industry approximates RMB100 billion, to which the Chinese market is estimated to contribute RMB30 billion. With the steady upgrading of China’s industry and the pursuit of safe production and lean management, the demand for sling products, especially high-end sling products will increase year by year.

Take chain sling used in steel industry for instance, in the developed countries, figures show that every ton of lifting chain and chain sling will be required for producing around one thousand tons of crude steel. Considering 600 million tons of crude steel is produced per annum in China, the demand of chain sling in iron & steel industry will reach 600 thousand tons. However, there are only a few enterprises engaging in the manufacture of chain sling in China. Additionally, sling product, as a kind of industrial consumable, has the features of being eliminated periodically and purchased repeatedly. Except the steel tie rod, most of sling products have 1-2 years working life, moreover, slings applied in ocean engineering and metallurgy can be used for only once.

Although there are numerous sling enterprises in China, they mostly focus on manufacturing low-end products but achieve limited sales and compete with each other fiercely in domestic market. Annual sales of most sling manufacturers registers between RMB500 thousand to RMB100 million and 40% of sling producers have not their own brands. As for high-end products with special requirements, manufacturers need to acquire qualifications and improve production technologies to satisfy the customers’ need. Inasmuch as high-end sling products are in short supply in China, a great majority of the products relies upon imports.

In the western developed countries, sling industry has been out of focus and considered as a subsidiary industry for a long term. Yet, it is undergoing strategic transfer to the developing nations in the Asia-Pacific. Many overseas enterprises tapped into Chinese market. For instance, Dolezych founded DOLECO (Kunshan) Lifting and Lashing Ltd for manufacturing and marketing its products; Unitex set up Unitex Safety Equipment (Kunshan) Co., Ltd involved in producing and distributing products in China; WISCO WRCA, a joint venture established by WireCo Group and Wuhan Iron and Steel (Group) Corporation, devotes itself to the production of high-end steel wire rope; WEISSENFELS Tech-Chains SPA cooperates with Jian Feng Sling and authorizes the latter as its exclusive agent for its chain and sling accessories products in Chinese Mainland, Hong Kong and Macao.

Meanwhile, Chinese local enterprises are striving for seizing the opportunity to expand their business. The fund-raising project of China JULI Group has been put into production with capacity releasing by degrees, and it will achieve its full capacity in 2012; and the company even plans to explore overseas markets and integrate upstream industry chain. Guizhou Wire Rope Incorporation Company launched technological reformation project and the large-diameter high-strength steel strand independently produced by the company successfully finds application in several national major projects. Ningxia Hengli Steel Wire Rope Co., Ltd speeds up the construction of 30-thousand- tons special steel wire rope project, expecting to improve its market share of high-end products.

 
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Manufacturing/Robotics Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Written by / Agency / Source: ResearchInChina

 
 

Availability: All Regions (Including Int'l)

 

Traffic Booster: [/] Quick Newswire Today Visibility Checker

 

Distribution / Indexing: [+]

 
 
# # #
 
 
  Your Banner Ad showing on ALL
Manufacturing/Robotics articles,
CATCH Visitors via Your Competitors Announcements!


ResearchinChina.com Publishes China Sling 2010-2011 Industry Report

Company website links NOT available to basic submissions
It is OK to republish and/or LINK any newswire for any legitimate media purpose as long as you name Newswire Today and LINK as the source.
 
  Is this your article?
Activate ALL web links and social stream by Upgrading to Press Release PREMIUM Plan Now!

|
Publisher Contact: ResearchinChina.com 
+86 10 82600893 report[.]researchinchina.com
 
Newswire Today - PRZOOM / PRTODAY disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any ResearchInChina securities in any jurisdiction including any other companies listed or named in this release.

Manufacturing/Robotics via RSSAdd NewswireToday - PRZOOM Headline News to FeedBurner
Find who RetweetFollow @NewswireTODAY



Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!


Read Latest Articles From ResearchInChina / Company Profile


Read Manufacturing/Robotics Most Recent Related Newswires:

BASF Launches Ucrete MF40AS Industrial Flooring System on the European Market
Raritan Unveils Intelligent Cabinet Concept in Collaboration with Legrand Data Communications At Gartner Conference
Beretta Continues Global Celebration of its 490th Anniversary with Unveiling of One-of-a-Kind Shotgun in New York City
LANXESS Virkon S Proven to Kill Highly Pathogenic Avian Influenza Strains
BASF to Offer Tailor-made Product Innovation At European Coatings Show
Nexans to Drive Sustainable Transportation At its Annual Technical Conference
Tripp Lite Introduces A New Series of Pre-assembled 40 Gb to 10 Gb Breakout Fiber Patch Panels
Borealis and Asmidal Sign Memorandum of Understanding to Jointly Evaluate Opportunities for Melamine Production in Algeria
SCHOTT’s New Ultra-Thin Glass is the Thinnest, Toughest, Most Eco-Friendly Glass for Consumer Electronics
Hexagon Manufacturing Intelligence Supplies PTB with Leitz PMM-G
Atlas Copco Completes Acquisition of Chinese Self-pierce Riveting Solutions Business
SCHOTT Introduces Superior X-ray Imaging with SCHOTT’s Fiber Optic Faceplates and BOROFLOAT® Glass
PPG Wins Big At 2016 SEMA Show PPG-painted Cars, Trucks Capture Major Awards
Tripp Lite’s Breakthrough 3-Phase Rack ATS PDUs Granted U.S. Patent
Nexans Launches PVC-free MOTIONLINE® HALEX Automation Cables

Boost Your Social Network
& Crowdfunding Campaigns


LIFETIME SOCIAL MEDIA WALL
NewswireToday Celebrates 10 Years in Business


PREMIUM Members


Visit  Triggr & Bloom

Visit  BizJobs.com





 
  ©2016 Newswire Today — Limelon Advertising, Co.
Home | About | Advertise/Pricing | Contact | Investors | Privacy/TOS | Sitemap | FRANCAIS
newswire, PR free press releases distribution service magazines engine news alert newsroom press room breaking news public relations articles company news alerts newswiredistribution ezine bizentrepreneur biznewstoday digital business report market search pr firms agencies reports distri-bution today investor relation successful internet entrepreneurs newswire distribution prtoday.com freenewswiredistribution asianewstoday bizwiretoday USA pr UK today - NOT affiliated with PRNewswire as we declined their partnership offer in 2013
 
PRTODAY & NewswireTODAY are NOT affiliated with USA TODAY (usatoday.com)