China Bi-Metal Band Saw Blade Industry Report 2016

Dublin, Dec. 19, 2016 (GLOBE NEWSWIRE) -- Research and Markets has announced the addition of the "China Bi-Metal Band Saw Blade Industry Report, 2016-2020" report to their offering. As the Chinese economy moves into the "new normal" during the 12th Five-Year Plan period (2011-2015), domestic traditional industries like steel and non-ferrous metals start to experience a contraction in production capacity, leading to a sustained drop in demand for processing machine tools including sawing machine and a reduced bi-metal band saw blade market size. China's bi-metal band saw blade sales dropped from 53.50 million meters in 2011 to 46.91 million meters in 2015 at a CAGR of -2.6%. As the country's manufacturing won't pick up in the short run, the bi-metal band saw blade industry is expected to continue the momentum of sliding at a low speed with market demand reaching an estimated 45.93 million meters in 2020, edging down 0.4% annually on average over 2015.

Local brands, focusing on low- and mid-range products and represented by Bichamp Cutting Technology (Hunan) and Benxi Tool, occupy an over 60% share of the Chinese bi-metal band saw blade market; foreign brands, with their eyes on high-end products market, are represented by US LENOX, Japanese AMADA, and Swedish BAHCO. AMADA and BAHCO have built plants in Lianyungang and Kunshan (Jiangsu) for the production of bi-metal band saw blades. Of local brands, Benxi Tool has the largest capacity (15.05 million meters/a bi-metal band saw blade), primarily low- and mid-end brands including LIONS, FORK, SHARE and ROMANCE, followed by Bichamp Cutting Technology (Hunan) with annual bi-metal band saw blade capacity of 13.588 million meters/a, covering full range of brands.

Key Topics Covered: 1 Overview of Bi-Metal Band Saw Blade Industry 2 High-speed Steel Industry in China 3 Sawing Machine Industry in China 4 Global Bi-Metal Band Saw Blade Industry 5 Bi-Metal Band Saw Blade Industry in China 6 Major High-speed Steel Enterprises 7 Major Global Bi-Metal Band Saw Blade Enterprises 8 Major Chinese Bi-Metal Band Saw Blade Enterprises 9 Major Chinese Band Sawing Machine Enterprises 10 Market Summary and Development Forecast Companies Mentioned

• AMADA Lianyungang Machinery Co., Ltd.
• Amada
• BAHCO
• Benxi Bi-Metal Saw Co., Ltd.
• Benxi Tool Co., Ltd.
• Bichamp Cutting Technology (Hunan) Co., Ltd.
• Dalian Bi-Metal S&T Co., Ltd.
• DoALL Company
• Dongbei Special Steel Group Dalian Special Steel Co., Ltd.
• EBERLE
• Heye Special Steel Co., Ltd.
• Hunan Techamp Saw & Manufacture Co., Ltd.
• Jiangsu Feida Group
• Lenox Tools
• RONTGEN
• Shijiazhuang WinFox Machinery Inc.
• Snap-on Asia Manufacturing (Kunshan) Co., Ltd.
• Starrett
• Tiangong International Co., Ltd.
• WIKUS
• Zhejiang Aolinfa Machine Co., Ltd.
• Zhejiang Chendiao Machinery Co., Ltd.
• Zhejiang Hengyu Sawing Machine Co., Ltd.
• Zhejiang Hujin Machine Tool Co., Ltd.
• Zhejiang Julihuang Sawing Machine Group Co., Ltd.
• Zhejiang Weiye Sawing Machine Co., Ltd.

For more information about this report visit http://www.researchandmarkets.com/research/fx...na_bimetal

CONTACT: Research and Markets Laura Wood, Senior Manager press@researchandmarkets.com For E.S.T Office Hours Call 1-917-300-0470 For U.S./CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900 U.S. Fax: 646-607-1907 Fax (outside U.S.): +353-1-481-1716 Related Topics: Metals and Minerals, Hand Tools