The market is dominated by domestic suppliers, as imports account for 3.3% of total market size in 2020. B2B drives market demand, with B2B spending representing 99.3% of total demand in 2020. China has the largest market size for coating of metals and mechanical engineering in the region, with demand reaching USD30.0 billion in 2020. Da Ming International Holdings Ltd is the largest company in China, generating 13.5% of the industry’s total production value in 2020. The industry is fragmented, with the top five companies generating 23.9% of total production value in 2020. The total number of companies decreases in 2020, to 182,146 units. The costs of the industry increase by 2.1% in 2020, largely driven by rising B2B costs. The industry’s profitability increases and stands at 7.6% of production value in 2020, the 16th highest in the region. With production value of USD33.7 billion, China accounts for 46.8% of the Asia Pacific total in 2020.
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This Euromonitor industrial report provides unique information on Coating of Metals and Mechanical Engineering in China: ISIC 2892. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Coating of Metals and Mechanical Engineering in China: ISIC 2892 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
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