Abstract
Report Scope and Methodology
This report examines China' s macroeconomic trends, investment environment, gaskets & seals industry structure and capacities, production and demand, end-user market consumption trends, distribution channels and industry participants. Long-term forecasts for gaskets & seals and key producers of gaskets & seals are profiled. About 90 top Chinese gaskets & seals producers are listed in the producer directory section. Key Chinese trading companies are also included in the producer directory section.
Both primary and secondary research is done in China in order to access up-to-date government regulations, market information and industry data. Data is collected from Chinese government publications, Chinese language newspapers and magazines, Chinese electronic industry associations, local governments' electronic industry bureaus, and gaskets & seals industry publications. Interviews are conducted with Chinese industry experts, university professors, and gaskets & seals producers in China.
Historical data include 1996, 2001 and 2006. Longterm development trends are projected to the years 2011 and 2016. Economic models and quantitative methods are applied in this report to project market demand and industry trends. Metric system is used and values are presented in either yuan (RMB, current price) and/or US dollars. Exchange rate for 2006 is based on the annual average rate (7.9 yuan per US dollar). The word "demand" is used interchangeably with "consumption". The word "output" is used interchangeably with "production". Totals may not add due to rounding.
Executive Summary
China has experienced over two decades of high economic growth, which has been stimulated by the consecutive increases of industrial output, consumer consumption and capital investment. China' s GDP has been growing at 11% per annum. National industry output has been advancing at 10.3% annually and will continue to sustain a strong growth into the next decade. The fast-growing middle class is creating an enormous consumer society. As the fastest-growing economy in the world, the emerging market has attracted the attention of investors and corporations around the world for the last two decades.
To deepen the reform of state-owned enterprises is a long-term task and needs great efforts. The reform of state-owned economy has witnessed rapid changes in both economic and social aspects. The introduction of foreign advanced technology and capitals will continue to be favored by the Chinese government and business community. New ways will be adopted to utilize foreign investment, including mergers, acquisition, and investment funds and securities investment. China will continue to improve its investment environment in the areas of legal system, intellectual property protection, foreign trade and investment regulation, infrastructure and financial system. China is the second largest foreign investment recipient after the United States in the world today. Given its vast market, the country provides tremendous opportunities for investment and trade both for the present and future.
Table of Contents
I. INTRODUCTION
- Report Scope and Methodology
- Executive Summary
II. BUSINESS ENVIRONMENT
- Economic Outlook
- Key Economic Indicators
- Industrial Output
- Population and Labor
- Foreign Investment
- Foreign Trade
- Financial and Tax Regulations
- Banking System and Regulations
- Foreign Exchange
- Taxes, Tariff and Custom Duties
III. GASKETS & SEALS INDUSTRY ASSESSMENTS
- Gaskets & Seals Industry Structure
- Market Size
- Market Growth Drivers
- Gaskets & Seals Industry Capacity
- Major Producer Facility Locations, Output and Capacity
- Market Share of Key Producers
- Labor Costs
- Potential Entrants
- Major End-Users
- Major Distributors
- Major Foreign Investments
- Technology Development
IV. GASKETS & SEALS PRODUCTION AND DEMAND
- Overview
- Gaskets & Seals Production and Demand
- Gaskets
- Electrometric
- Cork
- Cellulose Fibers
- Paper & Felt
- Fluorocarbon
- Asbestos
- Other Gaskets
- Seals
- Ring Seals
- Flexible Seals
- Diaphragm Seals
- Other Seals
- Gaskets & Seals Imports and Exports
- Pricing Trends
V. GASKETS & SEALS CONSUMPTION BY MARKET
- Gaskets & Seals Markets Outlook Overview
- Electrical and Electronics
- Electrical and Electronics Market Outlook
- Gaskets & Seals Consumption in Electrical and Electronics
- Automobiles
- Automobiles Market Outlook
- Gaskets & Seals Consumption in Automobiles
- Industrial Applications
- Industrial Applications Market Outlook
- Gaskets & Seals Consumption in Industrial Applications
- Construction
- Construction Market Outlook
- Gaskets & Seals Consumption in Construction
- Machinery and Equipment
- Machinery and Equipment Market Outlook
- Gaskets & Seals Consumption in Machinery and Equipment
- Other Gaskets & Seals Markets
VI. MARKETING STRATEGIES
- Distribution System in China
- China' s Distribution System
- Gaskets & Seals Distribution Channels
- Transportation and Freight Infrastructure
- Communications
- Market Entry Channels
- Exporting to China
- Export Market Overview
- Chinese Trading Practice
- Trading Companies
- Import Restrictions in China
- Technology Licensing
- Technology Licensing Overview
- Intellectual Property Protection
- Joint Venture
- Joint Venture Overview
- Advantages and Disadvantages
- Wholly Owned Enterprises
- Foreign Wholly Owned Enterprises Overview
- Advantages and Disadvantages
- Other Market Entry Channels
- Setting up Sales Offices
- Selling to China Through Attending Trade Fairs
- Contacting Chinese Companies
- Advertising
- Exporting to China
- Market Entry Strategies
- Understanding Differences
- Business Practice Differences
- Knowledge of Regulations and Restrictions
- Dealing with Governments
VII. GASKETS & SEALS PRODUCER DIRECTORY
- Gaskets & Seals Producer Profiles
- Distributors
- Trading Companies
- Research Institutions and Associations
- Major End-Users
LIST OF TABLES
I. INTRODUCTION
- Economic Outlook Summary
- Gaskets & Seals Supply and Demand Summary
II. BUSINESS ENVIRONMENT
- Key Economic Indicators
- Industrial Output
- Population and Labor Force Trends
- Foreign Investment and Loans
- Foreign Trade
III. GASKETS & SEALS INDUSTRY ASSESSMENTS
- Gaskets & Seals Industry Capacity
- Major Producer Facility Locations
- Major Gaskets & Seals Producer Output and Capacities
- Market Share of Key Producers
- Major End-Users
- Major Foreign Investments
IV. GASKETS & SEALS PRODUCTION AND DEMAND
- Gaskets & Seals Production and Demand
- Gaskets
- Elastomeric
- Cork
- Cellulose Fibers
- Paper & Felt
- Fluorocarbon
- Asbestos
- Other Gaskets
- Seals
- Ring Seals
- Flexible Seals
- Diaphragm Seals
- Other Seals
- Gaskets & Seals Imports and Exports
V. GASKETS & SEALS CONSUMPTION BY MARKET
- Gaskets & Seals Markets Outlook Overview
- Electrical and Electronics Market Outlook
- Gaskets & Seals Consumption in Electrical and Electronics
- Automobiles Market Outlook
- Gaskets & Seals Consumption in Automobiles
- Industrial Applications Market Outlook
- Gaskets & Seals Consumption in Industrial Applications
- Construction Market Outlook
- Gaskets & Seals Consumption in Construction
- Machinery and Equipment Market Outlook
- Gaskets & Seals Consumption in Machinery and Equipment
- Other Gaskets & Seals Markets
LIST OF CHARTS
- Gaskets & Seals Production and Demand Summary
- China' s GDP and Industrial Output
- Population Trends
- Industrial Output by Ownership
- Foreign Investments and Loans
- China' s Imports and Exports
- Gaskets & Seals Capacity in China
- Gaskets & Seals Capacity, Output and Demand
- Gaskets & Seals Production
- Gaskets & Seals Exports and Imports
- Gaskets & Seals Demand by Market in 2009
