The Chinese automotive rubber hose market has been reaping the benefits of China's enormous automobile market, by showing rapid growth in recent years. Demand and value was up in 2011 to 387.03 million meters and RMB14.514 billion respectively. It has been forecast that by 2015, capacity within the Chinese automotive rubber hose market will surge to 487.41 million meters, valuing RMB18.278 billion.
Automotive rubber hose refers to the rubber hose installed in vehicles, used for transmission of a variety of liquids and gases (including fuel, lubricating oil, refrigerant, water, etc.), so as to ensure normal operation of the vehicle.
So far, there has been over 800 manufacturers of sundry rubber hose in China, involving more than 60 dedicated automotive rubber hose manufacturing enterprises (about 20 overseas-funded ones and 40 local ones), which are primarily gathered in Shanghai, Guangzhou, Tianjin, Changchun, Zhejiang Province, Hubei Province and other regions.
In China, foreign manufacturers of automotive rubber hose mainly refer to Hutchinson (France), Parker Hannifin Corporation (U.S.), Continental ContiTech (Germany), Tokai Rubber Industries (Japan), TOYODA GOSEI (Japan), etc., which sweep approximately 50% shares in Chinese automotive rubber hose market, while above 90% in the luxury car market.
As the largest manufacturer of automotive rubber hose in Chinese Mainland, Tianjin Pengling Rubber Hose reached capacity of 84 million pieces in 2011, with output value up to RMB650 million. Major products are engine cooling pipeline and fuel hose, dedicated to supporting passenger vehicle companies represented by FAW-Volkswagen and Shanghai Volkswagen.
