China maintains high growth in PM production
March 25, 2011
China’s continuing boom in automobile production, motorcycles, household appliances, power tools, etc., also helped to maintain high levels of growth for the country’s PM industry in 2010.
According to figures published by the China Machine Powder Metallurgy Association (CMPMA) based on data supplied by 34 key reporting PM companies, sales of all PM parts surged to 137,146 tonnes in 2010, an increase of 42.9%. Of this total ferrous PM parts accounted for 128,185 tonnes, an increase of 41.8%, whilst copper-based PM products increased by 60.6% to reach 8,961 tonnes. The production figures are expected to increase when the consolidated totals covering some 47 PM enterprises in China are published.
The CMPMA reported that around 50%, or 65,608 tonnes, of PM parts went to the automotive sector,an increase of 52.4% over 2009. Production of PM parts for motorcycles (China produced over 26 million motor cycles in 2010) increased by 9.8% to reach 18,456 tonnes. Household appliances made in China increased by 46% to 32,632 tonnes of PM parts in 2010, with refrigerator compressors being one of the most important PM parts in this sector. PM parts for power tools reached 7372 tonnes in 2010 an increase of 17.3% over the previous year.
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