China is the largest country of enamelled wire in the world, accounting for about half of the world. According to statistics, the output of enamelled wire in China will be about 1.76 million tons in 2020, with a year-on-year increase of 2.33%. Enamelled wire is one of the main supporting raw materials in the fields of power, motor, electrical appliances, household appliances, electronics, communication, transportation, power grid, aerospace and so on. After decades of development, domestic enterprises have become the global leader by virtue of cost advantages, and domestic production capacity accounts for more than 50% of the world. The downstream of enamelled wire mainly includes industrial motor, household appliances, power equipment, automobile and other fields.
The enameled wire industry has high requirements for capital and large-scale production. As the raw materials required by the enameled wire industry are mainly metal copper and aluminum, the raw material procurement funds occupy a large amount and belong to a capital intensive industry, it puts forward higher requirements for the financial strength of manufacturers, and some enterprises with weak financial strength will gradually withdraw from the fierce market competition. On the other hand, enamelled wire production has a high degree of automation and can be produced continuously and standardized. Mass production can reduce costs, and enterprises with small production scale will be phased out in the market competition. At present, the medium and low-end production capacity in the industry is constantly clearing out, and the trend of increasing enterprise concentration in the industry has become more obvious.
Shenzhou bimetallic is one of the largest enamelled wire manufacturers and leading enterprises in China. Its domestic market share and export volume are far ahead of other enterprises.SHEZHOU has got UL certification for the products of enameled CCA wire, aluminium wire and copper wire. Thus customers can use our products for European and American market. At present SHENZHOU develops fast and stable with its continuous stable product quality. products are exported to Taiwan Hong Kong, the Middle East Southeast Asia, and Europe and the United States and other countries with its stable product quality and strong production output and sales capacity.
Post time: Aug-16-2021