In fact, the domestic low temperature resistant cable industry is in rapid development period, at this particular time, in a certain market is increasing, the demand is certain in all aspects of growing, which explains why international giants have come to China construction, the purpose is to be able to slice. Of course, now China and the world are seeking to develop new energy industry, new energy industry requires a lot of cable products, but these products are basically all belong to special cables, has a special process and performance requirements, and now this is still the vast majority of China manufacturer of weakness, thus we see a tragic phenomenon that great Chinese high-end market (new energy market) is basically occupied by international giants, China and the cable company also engaged in very low profit margins low end market competition.
Furthermore, it is the rapid development of new energy industry, new energy, low temperature resistant cable products market is also not be underestimated, nuclear power, for example, the coming years, new energy industry has been more and more government support. Technological progress will make use of new energy costs continue to decline, the economic value of environmental and social benefits have become increasingly prominent.
In addition, the development of the city will promote the development of urban rail transport, will lead to a variety of low temperature resistant cable applications. Tunnels and underground stations lit by electricity cables is also a highlight. With the rapid development of domestic industrial enterprises, but also will bring rapid development of automobile use and enameled wire. Such as the automotive and motorcycle industry with a line are two major categories: automotive wire and cable. The automotive industry to make wire, automotive line sales increase in the coming years, the demand will continue to grow around 10%.