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Abrasives SMEs to Tackle Fierce Competition

In recent years, the rapid development of industries such as iron and steel, non-ferrous metal, building materials, cement, sheet glass, automobiles, and shipbuilding has boosted the market demand for industrial raw materials and tools for abrasives.

From: iAbrasive.comDate: 2014-10-22 05:56:19Views: 442

competition

In recent years, the rapid development of industries such as iron and steel, non-ferrous metal, building materials, cement, sheet glass, automobiles, and shipbuilding has boosted the market demand for industrial raw materials and tools for abrasives. However, local abrasives enterprises in China have been producing low-end products of the same quality, and adopting price as means for competition. Poor resistance to risks and low industrial concentration have made many abrasives SMEs baffled when faced with fierce competition.

Abrasives is a general term for abrasive and abrasive products. Ordinary abrasive include two major categories, aluminum oxide abrasive and silicon carbide abrasive. Synthetic abrasive products include bonded abrasives and coated abrasives. Currently, there are hundreds of types of abrasives brands, most of which are in low-end industries. The fact that abrasives SMEs compete for price has led to cutthroat competition, which further results in the overall sluggish abrasives market, especially under the situation of company transformation and upgrading, energy-saving and environmental protection, the products' quality has a tremendous difference. So what measures should be taken for abrasives SMEs to tackle the problem?

First of all, advanced technology, favorable quality, and brand service can make China's abrasives and abrasive products turn world famous. Only high quality products can represent the ever-increasing power of China industrial standard, and set up a new image of "high-end manufacturing" for China.

Besides that, under the leadership of the Chinese government and industry associations, China's abrasives SMEs should unite as one to form up core competitive force. Despite the fact that China local abrasives enterprises have been producing low-end products of the same quality, and adopting price as means for competition, some new brands have still found inroad into the market. Technology and service have become extremely important for abrasives companies to survive. Therefore, abrasives SMEs should abandon low-end industry chains and pay more attention to international new technologies and directions of the industry. Increasing innovation and improving service quality to facilitate the R&D ability of China's high-end products in order to compete with international famous brands.

Author: Liwei Chu 
Copyright: iAbrasive.com--Abrasives & Diamond Tools Market

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