China's welding cable industry will be polarized

Recently, Dongguan Ann beauty Lubrication Technology Co., cable technology company director Feng in an interview with the 2014 China (Changzhou) welding cable equipment and materials exhibition do a prediction: "within the next 10 years, annual output value over tens of billions of dollars of welding cable companies or more than 20."

He introduced China's current welding cable industry, although the number of enterprises is very much, with an annual output value of more than ten billion yuan. And in the developed countries, welding cable companies are relatively small, but the annual output of more than ten billion yuan of welding cable companies have a lot of. He firmly believes that this situation will not last too long, China's welding cable industry in the near future will appear polarization, and there will be a lot of large companies buying small business cases." He said.

He boldly predicted that in the next 10 years in China, the annual output value of over ten billion yuan or more than 200. He believes that many domestic small welding cable enterprises, especially some small workshops enterprises will face the fate of collapse. In the future, especially dependent on the production of low value-added products, fake and shoddy, corporate fraud. With the continuous development of society, the living space of these enterprises will be reduced.

He believes that although the current domestic production capacity of the welding cable industry is getting more and more attention, but there is no unified national planning. However, he believes that the country's regulatory efforts will eventually strengthen, and many small businesses will eventually face out". He told reporters, there are difficulties, but small and medium enterprises can not wait for a person's doom." The welding cable industry has about 15000 kinds of products, some of the future focus is on certain areas of small and medium size of the welding cable companies will still have a living space."