SMEs are Faced with Fierce Abrasive Industry Competition

In recent years, rapid development in industries like steel, non-ferrous metal, construction materials, concrete, auto and shipbuilding has facilitated market demand for raw materials and abrasives. However, China local enterprises are mainly low end market and of the same quality. The main competitive method is price war. What should small and medium enterprises do to survive?

Abrasives include abrasive grains and abrasive products. Abrasive grains include two categories: Corundum abrasive grains and silicon carbide. Synthetic abrasives consist of bonded abrasives and coated abrasives. For small and medium abrasives companies, there are two things to be done that can help them to develop better.

Firstly, only by advanced technology, superior quality and brand service, can abrasives manufacturers go global. Only high quality products can represent increasing Chinese industry strength and build up a new image for companies to develop better.

Secondly, under the leadership of Chinese government and abrasive associations, abrasives manufacturers should unite as one to form core competitive force. New brand will be launched into the market from time to time. So there is still fierce competition in China abrasives industry. Under the correct guidance of the Chinese government as well as abrasive associations, abrasives manufacturers are suggested to abandon low end industry chains and transform to highly precision manufacturing. Enhance technology innovation and improve service quality so as to facilitate China abrasives industry compete with world famous brand.