NEW YORK, Nov. 13, 2012 /PRNewswire/ -- Reportlinker.com announces that a new market research report is available in its catalogue: China Automotive Rubber Hose Industry Report, 2012-2015
Automotive rubber hose refers to the rubber hose installed in vehicles, used for transmission of a variety of liquids and gases (including fuel, lubricating oil, refrigerant, water, etc.), so as to ensure normal operation of the vehicle. Benefiting from China's enormous automobile market, its automotive rubber hose market has shown rapid growth in recent years, with demand and value in 2011 up to 387.03 million meters, RMB14.514 billion respectively. It is expected that in 2015 Chinese automotive rubber hose market capacity will surge to 487.41 million meters, valuing RMB18.278 billion.
So far, there has been over 800 manufacturers of sundry rubber hose in China, involving more than 60 dedicated automotive rubber hose manufacturing enterprises (about 20 overseas-funded ones and 40 local ones), which are primarily gathered in Shanghai, Guangzhou, Tianjin, Changchun, Zhejiang Province, Hubei Province and other regions.In China, foreign manufacturers of automotive rubber hose mainly refer to Hutchinson ( France), Parker Hannifin Corporation (U.S.), Continental ContiTech ( Germany), Tokai Rubber Industries ( Japan), TOYODA GOSEI ( Japan), etc., which sweep approximately 50% shares in Chinese automotive rubber hose market, while above 90% in the luxury car market. Local Chinese producers consist of Tianjin Pengling Rubber Hose Co., Ltd., Shandong Meichen Science & Technology Co., Ltd., Sichuan Ring Technology Co., Ltd., Ningbo Fengmao Far-East Rubber Co.,Ltd, Shanghai Shangxiang Automobile Hose Co.Ltd, etc..