The Existing Main Problems of Coated Abrasives

Many abrasives manufacturers, especially coated abrasives manufacturers think that the fall back of economic operation has exceeded the expectation in 2015. Insufficient market demand, reduced orders, falling prices and profits become the concerned questions of abrasives manufacturers.

First, the industry structure adjustment lacks the policy support, and this industry has low barriers to entry; The capacity layout is not enough scientific and reasonable, and the outdated capacity is not closed down; The capacity utilization is low, and the low-end products still dominate the market; The homogenized competition is intense, and non-standard products are flooding the market.

Second, the industry lacks the coordination and self-discipline, malignant competition interacting between enterprises; The product prices continue to decline and many abrasives suppliers express that they have less profitability; Many abrasives companies survive in the vicious circle of homogeneous competition and low price competition.

Third, the innovation ability of this industry is insufficient. Although there are a lot of new products in the industry in recent years, the original products are not much. Most abrasives manufacturers produce similar products abroad, and have not enough fundamental and systematic research on coated abrasives, which generally lack the investment on product innovation and technology.

Therefore, these products are difficult to form the core competitiveness, and are still in the passive role in many fields compared with high-grade coated abrasives from developed countries.