Analysis of Market Characteristics of Copper Enameled Wire Industry in China
(1) China has become a major producer and consumer of enameled wire
With the transfer of the world manufacturing centre and the formation of China as the world manufacturing centre, the global copper enameled wire market has also begun to gradually transfer to China. At the same time, thanks to the combined impetus of technological progress industries such as machinery and electronics, household appliances, high-tech industries with electronic information as the main body and economic globalization, China’s copper enameled wire industry has maintained a high-speed development. The output of copper enameled wire has surpassed that of countries such as the United States and Japan, becoming the world’s largest producer and consumer.
(2) Significant agglomeration effect
China’s copper enameled wire industry has formed scale advantages in the Yangtze River Delta, Pearl River Delta and Bohai Rim region through technology introduction, digestion and absorption and independent research and development. The formation of copper product processing bases has produced a regional agglomeration effect of industrialization. The prosperous “plate economy” provides a good market environment for independent innovation and industrial upgrading of enameled wire industry in Jiangsu and Zhejiang regions.
(3) The gradual adjustment of product structure
With the upgrading of technology and the diversification trend of user demand, the special enameled wire market has developed rapidly on the basis of maintaining the steady growth of ordinary enameled wires. In recent years, the promotion of efficient motors has driven the rapid development of corona-resistant enameled wires and other special enameled wires. Technological progress in the electronics industry has promoted the development of polyurethane enameled wires. The rise of the refrigerator and air conditioner compressor industry has driven the development of 200-grade refrigerant resistant composite enameled wire. The enameled wire industry is gradually optimizing and upgrading its product structure to meet the market demand for high-quality special products.
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