A brief discussion on the problems existing in the Stainless Steel Braided Sleeve industry

The product range of Stainless Steel braided sleeve mainly includes tires, Special Material Braided Sleeve panels/strips, Special Material Braided Sleeve and rubber shoes, etc. In recent years, affected by the economic situation at home and abroad, the Special Material Braided Sleeve industry has faced many difficulties such as market weakness, sluggish sales, financial constraints, and export restrictions. The economic benefits of enterprises have declined significantly, and losses have continued to expand. The main reasons are as follows:

1. There is a serious excess of market supply and production capacity. On the one hand, many places have blindly launched a large number of small Special Material Braided Sleeve processing enterprises, causing excess domestic production capacity and disrupting the market; on the other hand, large foreign companies such as Michelin and Goodyear have established a large number of enterprises through direct sales or joint ventures or sole proprietorships. In order to seize the Chinese market, the total supply in the domestic market will be excessive. Analyze the true purpose of mainstream funds and discover the best profit opportunities!
2. The product structure is seriously unreasonable, with a severe surplus of mid- to low-end products and incomplete varieties, and high-end products rely on import and export. For example, the radialization rate of tires in my country is only 15%, while the radialization rate worldwide has reached more than 90%. For high-performance and high-speed tires, China still needs to import them. my country can produce more than 650 varieties of tires in 7 categories, but the number of foreign tire varieties has reached more than 3,000.
3. Production enterprises are small and scattered, lacking economies of scale and competitiveness. Taking tires as an example, the combined output of my country's 60 key enterprises is not comparable to the output of a large foreign silicone products company.
4. Some small businesses disrupt the market and impact large companies. Many small companies have backward technology and testing methods, and product quality is not guaranteed. However, these companies have no social burden and wantonly lower prices, which has severely impacted the production and operations of large companies.
5. The production process and technology are backward, and the new product development capability is weak. So far, my country's Special Material Braided Sleeve industry has not yet formed a complete research-production-sales-service system. The research and development capabilities of Stainless Steel Braided Sleeve are far behind the world level. This is the fundamental reason why the performance and variety of my country's products cannot be upgraded. In addition, obsolete equipment and backward production technology cause high consumption of raw material resources for products, high production costs, and companies lack competitiveness.