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An Industry Analysis of the Chinese Gas Compressor Manufacturing Industry: Examine the Competitive Landscape, Key Companies and Forecasts

Posted on: Wednesday, 27 August 2008, 00:00 CDT

Research and Markets (http://www.researchandmarkets.com/research/587b18/china_gas_compress) has announced the addition of the "China Gas Compressor Manufacturing Industry Report, 2008" report to their offering.

As a kind of general machinery, the gas compressor is widely used in industries such as the petrochemical, steel, metallurgy and automobile industries. The gas compressor is mainly divided into several types, including centrifugal gas compressor, reciprocating gas compressor, and piston gas compressor.

The Chinese gas compressor manufacturing industry has developed rapidly in recent years. In 2007, China had a total number of 355 companies above the designated size (with an annual sales revenue exceeding CNY5 million) in the gas compressor manufacturing industry. Their combined output value reached CNY56.93 billion, amounting to 0.78 of the total output value of the entire machinery industry, the percentage of which was 0.03 percentage points higher than the previous year. Moreover, China also had increases in other indicators like the output value of new products, the industrial sales output value and export delivery value.

At present, the Chinese gas compressor manufacturing industry has a relatively fierce competitive landscape and relatively low industry concentration. China's gas compressor producers are mainly distributed along eastern coastal regions, while China has fewer companies located in its western region (including Southwest and Northwest), where there exists huge market potentials.

During the Eleventh Five-Year Plan period (2006-2010), the localization of large complete sets of equipment in such industries as the petrochemical, chemical, textile, coal/electricity/oil and metallurgy industries will provide huge business opportunities for the development of China's gas compressor manufacturing industry. According to the plan, China will build a great deal of important projects in key industries in the period 2006-2010. China's nuclear power industry, for instance, will build more than 20 nuclear power stations in the next five years, which will not only provide a broad market for the rapid development of gas compressor manufacturing, but will also provide an unprecedented opportunity to accelerate the improvement of air compressor quality and thus surpass the world standard.

This report is based on authoritative statistics from the National Bureau of Statistics, the General Administration of Customs, and the National Development and Reform Commission, as well as data from China's industry organizations and associations. The report makes an in-depth analysis of the production, sales, market condition, industry structure, import & export of China's gas compressor manufacturing industry. The report also makes forecasts on the development of the industry based on development trends of relevant industries and due to estimates of China's economic development in 2008.

*Please note that the English version of this report will take 5 working days to translate*

Key Topics Covered:

- Background of China Gas Compressor Manufacturing Industry

- Economic Operation of the Industry

- Market Environment

- Product Technology

- Import and Export

- Key Companies

- Development Trend and Forecast

- List of Charts

Companies Mentioned:

- Kaishan Group

- Shanghai Compressor Co., Ltd

- Wuxi Compressor Co., Ltd

- Shenyang Gas Compressor Manufacturer Co., Ltd

- Liuzhou Compressor Group Co., Ltd.

- Fusheng Co., Ltd

For more information visit http://www.researchandmarkets.com/research/587b18/china_gas_compress

Source: Business Wire

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