Suggestions for the Future Development of Coated Abrasives

A, To reasonably control capacity growth and actively adjust the product structure.

China's economy has gradually left the era of low cost, and the previous profit management pattern by simply relying on scale production and low price competition has become difficult to adapt to the development of the current environment.

Coated abrasives industry must keep up with the pace of Chinese economic transformation and adjustment, reasonably control capacity growth, actively adjust the product structure, improve product quality and added value level, constantly enhance the level of technical equipment and application of research and development guided by market demand, and achieve the health science development. The acquisition and reorganization will be the only way that the industry controls the capacity.

B, To carry out detailed management, and pay attention to intelligent and automated development.

With the improvement of energy, environment and labor costs, on the one hand, abrasives companies must solve the problem of good energy conservation and environmental protection, to ensure that the industry development is not subject to the increasingly serious energy and environment problem; On the other hand, abrasives manufacturers should do well the cost control of raw materials, production and transportation, to ensure that the products’profit space.

Therefore, abrasives companies must continually optimize the production process, improve equipment level, improve product quality, do a good job in personnel training, and make full implementation of fine management. On this basis, the whole industry should actively implement the industrial automation, intelligence development, and take the initiative to change the production, management and marketing model, to meet the arrival of the fourth industrial revolution.

C, To actively carry out applied research and constantly open up new industry development space.

Science and technology innovation has become the main driving force of social and economic development. By actively following up the traditional industries’application upgrade and emerging industries’ application innovation, they should conduct market research and new product development, to meet the demand of the personalized and professional applications in downstream market. They should also actively expand new development space, and ensure the steady improvement in the profit.

Although the current domestic and international economic situation is not optimistic, China's Manufacturing 2025 contains new opportunities will inevitably bring new trend of transformation and upgrading, and innovative promotion. For large or small coated abrasives companies, as long as they focus on innovation and continuous upgrade, they will obtain broader development space and seek bigger stage for their development.