radiator – CRI Report https://www.cri-report.com market research vender! Fri, 29 Jan 2021 08:31:45 +0000 en-US hourly 1 https://www.cri-report.com/wp-content/uploads/2021/01/cropped-shcrilogo-c.jpg radiator – CRI Report https://www.cri-report.com 32 32 Report on Automobile Radiator Industry in China, 2021-2025 https://www.cri-report.com/report-on-automobile-radiator-industry-in-china-2021-2025/ Sat, 16 Jan 2021 01:47:20 +0000 https://www.cri-report.com/product/import-placeholder-for-2101446/ Due to the outbreak of COVID-19 in early 2020, which has had a serious impact on the global economy, CRI predicts that global and Chinese automobile production will decline in 2020-2021.

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]]> Automobile radiator is one of the most important components within the engine cooling system. The performance of a radiator has a direct influence on heat dissipation, dynamic property, economic efficiency, reliability, and even normal operation and driving safety. Increased production volume and penetration of automobiles across the world lead to growing demand of whole-vehicle manufacturing and aftermarket for automobile radiators.
According to CRI analysis, with economic globalization and fierce competition in the industry, global automobile industry experienced a significant change in the past decades. For automobile radiator manufacturers in China, many opportunities for growth were offered over the last 10 years. One opportunity came from stable growth in automobile component market that stimulated export of automobile radiators in China. Another being the rapid growth in China’s automobile industry, which naturally raises demand for automobile radiators. China’s production volume of automobiles was merely 13.79 million units in 2009 while that in 25.72 reached 29.02 million, with a CAGR of more than 6% over the decade. China has been established as the world’s largest automobile producer and seller for 12 consecutive years from 2009 to 2020. Car ownership in China was only 62.81 million units in late 2009. By the end of 2019, it surged to more than 250 million.
CRI estimates that the production volume of automobile radiators in China exceeded 70 million units in 2020, among which more than 20 million were exported.
According to CRI analysis, in 2019, China exported approximately 23.9 million automotive radiators, with an export value of 557 million U.S. dollars. The main export destinations include the United States, Russia, Mexico, Brazil, etc. With the outbreak of COVID-19 at the beginning of 2020, it has had a certain impact on China’s auto radiator exports. CRI predicts that China’s auto radiator exports will decrease by about 10% from 2019 to the second half of 2021. Will gradually recover.
Competition in China’s market is intense with a large quantity of manufacturers involved and market is composed of numerous small-scale enterprises. High certification requirement on OEM put most manufacturers off this market. Therefore, the majority of automobile radiator manufacturers in China focus in supporting domestic and overseas aftermarkets.
Due to the outbreak of COVID-19 in early 2020, which has had a serious impact on the global economy, CRI predicts that global and Chinese automobile production will decline in 2020-2021. From 2022, global automobile production will gradually recover. However, the global and Chinese car ownership will continue to grow from 2020 to 2025, and the aftersales market will contribute more and more to car radiators. Due to the low price of China-made car radiators, CRI expects that China’s auto radiator exports will still have room for growth in the next few years.

Topics Covered:
– The impact of COVID-19 on the global automotive radiator market
– Development environment of automotive radiator in China
-Sales volume and value of automotive radiator in China 2015-2025
-Sales volume and value of automotive radiator in China by section 2015-2025
– Major automotive radiator Manufacturers and their market share in China
– Export volumes and values of automotive radiator in China
– Major export destinations of China’s auto radiators
– Prices of automotive radiator in China
– Prospects of Chinese automotive radiator Market 2021-2025

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]]> Report on Automobile Radiator Industry in China, 2018-2022 https://www.cri-report.com/report-on-automobile-radiator-industry-in-china-2018-2022/ Fri, 17 Aug 2018 09:05:38 +0000 https://www.cri-report.com/product/import-placeholder-for-1801279/ China's production volume of automobiles was merely 8.88 million units in 2007 while that in 2017 reached 29.02 million, with a CAGR of more than 12% over the decade.

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Automobile radiator is one of the most important components within the engine cooling system. The performance of a radiator has a direct influence on heat dissipation, dynamic property, economic efficiency, reliability and even normal operation and driving safety. Increased production volume and penetration of automobiles across the world lead to growing demand of whole-vehicle manufacturing and aftermarket for automobile radiators.

According to CRI analysis, with economic globalization and fierce competition in the industry, global automobile industry experienced a significant change in the past decades. For automobile radiator manufacturers in China, many opportunities for growth were offered over the last 10 years. One opportunity came from stable growth in automobile component market that stimulated export of automobile radiators in China. Another being the rapid growth in China’s automobile industry, which naturally raises demand for automobile radiators. China’s production volume of automobiles was merely 8.88 million units in 2007 while that in 2017 reached 29.02 million, with a CAGR of more than 12% over the decade. China has been established as the world’s largest automobile producer and seller for nine consecutive years from 2009 to 2017. Car ownership in China was less than 60 million units in late 2007. By the end of 2017, it surged to more than 200 million.

CRI estimates that the production volume of automobile radiators in China exceeded 60 million units in 2017, among which more than 20 million were exported. Competition in China’s market is intense with a large quantity of manufacturers involved and market is composed of numerous small-scale enterprises. High certification requirement on OEM put most manufacturers off this market. Therefore, the majority of automobile radiator manufacturers in China focus in supporting domestic and overseas aftermarkets.

Major raw materials for automobile radiators are copper, aluminum and other metals. The price and performance of raw material largely decide the quality, manufacturing cost and performance of radiators. The price trend of aluminum and copper in China’s market experienced fluctuation from 2014 to 2017. Large-scale automobile component enterprises usually sign long-term contracts with raw material suppliers in order to reduce risks from price fluctuation.

It is estimated that the production volume and ownership of automobiles in China and the world will continue to rise from 2018 to 2022. As a result, increasing production volume will boost demand for OEM automobile radiator market. Moreover, improvement in economy and income are also raising awareness of car maintenance in China. Regular cleaning, maintenance and replacement of automobile components have been common in China, thus promoting development of the automobile radiator aftermarket. As China-made automobile radiators enjoy a cost advantage in the world market, it’s export volume is expected to keep rising from 2018 to 2022.

Readers can obtain the following information or more through this report:

-Analysis of Development Environment of Automobile Radiator Industry

-Analysis on Automobile Component Industry in China and the World

-Supply and Demand of Automobile Radiators

-Production Cost of Automobile Radiators

-Export Analysis of Automobile Radiators in China

-Price Trend of Raw Materials of Automobile Radiators

-Major Manufacturers of Automobile Radiators in China

-Driving Forces and Opportunities in Automobile Radiator Industry, 2018-2022

-Threats and Challenges in Automobile Radiator Industry, 2018-2022

-Forecast on Supply and Demand of Automobile Radiators, 2018-2022

 

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