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The production capacity of conveyor belts in China is expanding rapidly, especially the expansion of the production line of steel cord conveyor belts or the scale of new construction is increasing. Compared with the market demand, the production capacity of transmission belt represented by common belt is excessive, among which the production capacity of synchronous belt, multi-wedge belt and agricultural machinery belt increases rapidly. In terms of domestic demand: with the rapid development of China's coal, metallurgy, steel, automobile and other industries, the tape industry has been provided with a broad domestic demand market and achieved sustained and rapid development.
In recent years, a series of industrial policies and industrial plans promulgated by the relevant departments of the state are conducive to the development of the tape industry, laying a good institutional foundation for the development of the tape industry. Firstly, by supporting the structural adjustment and technological upgrading of the upstream industries such as rubber, new materials and textile industry, we can provide the material basis for the upgrading of the tape industry; secondly, by revitalizing the downstream industries such as high-end machinery and equipment manufacturing, metallurgy and port, we can expand the overall demand and market capacity of the tape industry; moreover, we can support and encourage the dominant enterprises to become bigger and stronger and improve the high-performance adhesive industry. The proportion of belt promotes the adjustment of belt industrial structure, technology upgrading and brand strategy.
"China tape Market Analysis report" issued by Shangpu Consulting shows that China's national economy is stable and sustainable development, economic construction is in the period of accelerated development of industrial modernization and urbanization, machinery, metallurgy, power, mining, chemical industry and building materials industries have broad development space, the above industries demand for tape in the total domestic market demand share. Large, for the tape industry to provide a huge market.