China's rubber hose and steel wire industry is in the development stage, and the market concentration is relatively high

Rubber hose steel wire, also known as steel wire braided rubber hose, is a steel wire product coated with brass. It is mainly composed of liquid resistant synthetic rubber inner rubber layer, middle rubber layer, I or II or III steel wire braided reinforcing layer, and synthetic rubber outer rubber layer with excellent weather resistance. As the framework material of rubber hose, steel wire rubber hose has excellent oil resistance, heat resistance, aging resistance, winding resistance and fatigue resistance, and has strong pressure bearing ability and excellent pulse performance. In recent years, it has been widely used in coal industry, engineering machinery industry, petroleum industry and other basic industries.

As one of the subdivisions of rubber skeleton material, steel wire braided hose industry is developing with the development of rubber skeleton material industry. According to the relevant data released by the rubber industry association, the output of rubber skeleton materials in China has reached 4.013 million tons from 3.55 million tons in 2016 to 2019, with an average annual compound growth rate of about 4.9%; The output of steel wire braided rubber hoses in China has also increased from 102000 tons in 2016 to 236000 tons in 2019, with an average annual compound growth rate of about 32.3%, which is much higher than the growth rate of the output of rubber skeleton materials. Therefore, although China's rubber hose and steel wire industry is still in its infancy and accounts for a relatively small proportion of rubber skeleton materials, its industry has great potential in the future with the expansion of market demand.

From the perspective of enterprises, in recent years, the continuous development of China's rubber industry has also provided good development opportunities for the rubber tube and steel wire market. Although it is still in the development stage, under the dual stimulation of market demand and national policies, a number of enterprises with a certain production range have emerged in the domestic market.