Fast growing business opportunities in piston ring industry

There are 300 private enterprises in the piston ring industry, which basically produce medium and low grade products. The enterprises are small in scale and have poor economic benefits. Many enterprises have difficulties in survival. Imitations and counterfeiters are already in the maintenance market. Fake piston rings are constantly flooding in the market. Brand-name products and mainframe monopoly products have become high-imitation assembly areas, the most serious injury is the famous piston ring manufacturer. Some small factories counterfeit and monopolize packaging, and the products inside are marked by famous brand enterprises. While they benefit from their own profits, they also kick the famous brand enterprises. The 'three guarantees' will eventually have to be paid by famous brand enterprises. In the face of such a market environment, only 1% ~ A very small number of private enterprises around 2% have developed well and can compete with foreign-funded enterprises in some piston rings of automobile gasoline engines. In 2010, China's car sales exceeded 18 million, becoming the world's largest car country worthy of the name, reaching a new high over the years. Piston Ring products are used in the field of internal combustion engines with an annual output of 70 million units, including vehicles and non-vehicles. In the maintenance market, according to statistics, the number of cars in China exceeded 70 million in 2010, and there are still a large number of agricultural machinery in China, bringing rare business opportunities to vulnerable parts of engines such as piston rings. As the heart component of the internal combustion engine, the piston ring bears high temperature, high pressure and corrosion under the harsh working environment inside the engine, and has the effects of sealing, supporting, lubricating and heat conducting. Piston Ring industry is a technology-intensive and labor-intensive industry that requires large investment and is closely related to the development of modern internal combustion engines and automobile industries. In 2010, the automobile piston ring industry, like the development of China's complete machine industry, won rapid growth. At present, many enterprises in the industry are promoting the simultaneous development of engines or vehicle factories, which is actually manufacturing, not real design. The technology internationalization of piston ring enterprises is to realize the mapping and processing from drawings to samples, to the simultaneous development with the main engine factory, to reserve and master the future delay technology, and to support and guide the development of the engine and automobile industry. At present, what the local piston ring enterprises lack is that they have not mastered the cutting-edge technology that can guide the industry in the future. The internationalization of the talent team is also an urgent need for the development of the piston ring industry. The rapid growth of the passenger car market has also brought about an increase in the demand for piston rings. However, in the high-end passenger car piston ring market, the situation that foreign enterprises monopolize the market is still difficult to shake at the moment. Passenger cars of Japanese and Korean ancestry have established a strategic system with Japanese and Korean parts. Although they have entered China, their stable independent supporting system will not be easily changed; Although the supporting system for passenger cars of European and American ancestry is open, it must obtain a series of certifications, have strict requirements on process consistency, and implement global procurement. In the new round of competition, the piston ring advantage of national brands is not obvious. Domestic independent brand passenger cars are the main market for national brand piston rings, and are also the competitive targets for foreign piston ring enterprises to expand the Chinese market.

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