China Rubber Machinery Companies takes 14 Seats in the Global Top 36 Rubber Machinery Companies in 2019
According to the Global Rubber Machinery Report published by the European Rubber Magazine (ERJ) in 2019, the world rubber machinery industry in 2018 did not enter the ascending channel as predicted at the beginning of last year. Some tire projects have slowed down due to factors such as world trade disputes. Insufficient demand for tire machinery, sales revenue of rubber machinery declined slightly, and development showed obvious imbalance characteristics.
Geographically, Europe continues to lead the world's rubber machinery industry. Most manufacturers' sales have increased year-on-year.
From the product point of view, tire rubber machinery occupies the mainstream, but non-tire rubber machinery develops faster, and non-tire rubber machinery manufacturers have a relatively large increase in revenue.
In terms of investment willingness, most rubber machinery manufacturers are optimistic about the future, their investment willingness is at a high level, and the upward path of the rubber machinery industry will continue.
Among the top 36 rubber machinery companies in terms of global revenue sales, 14 are in China, 7 in Germany, 2 in Japan, 3 in Italy, 2 in France, and 1 in Netherlands, Australia, Israel, Turkey, the United States, Finland, India, and Slovakia respectively.
Among the top 10, there are 4 in Germany, 3 in China, 2 in Japan, and 1 in the Netherlands. The top ten sales revenue accounted for 63.2% of the total 36 companies, an increase of 3.6 percentage points from 2017, and the industry concentration further increased.
The total sales revenue of 36 companies was US $ 3.589 billion, a year-on-year decrease of 1.02%, and 11 companies showed a decline, among the top 10. Only 1 fell.
The total sales revenue of Chinese rubber machinery listed companies was 1.028 billion US dollars, accounting for 28.6% of the total, a decrease of 1.4% from the previous year.
The development of the world's rubber machinery industry has stagnated for one year, mainly due to the downturn of China's rubber machinery industry.
On the contrary, the European rubber machinery is developing rapidly. The total sales revenue of European rubber machinery has reached 2.041 billion US dollars, accounting for 56.9% of the world's rubber machinery industry, an increase of nearly a percentage over the previous year.
The North American rubber machinery industry has not improved, and Japanese rubber machinery has shown signs of growth, and its share accounts for 11.6% of total global rubber machinery sales revenue.
From the point of view of products, although tire machinery accounts for an absolute majority, non-tire rubber machinery is developing faster than tire machinery, and its market share has exceeded 30%.
Non-tire machinery companies accounted for 3 of the top 10. Non-tyre rubber machinery manufacturers are growing better than tire rubber machinery manufacturers. Non-tire rubber machinery is the main economic growth point of the global rubber machinery industry.
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