Abrasives industry faces new challenges

The complexity of the current economic Huan Jing, Shi De abrasive abrasive industry has been hit, two abrasives Qiye problems also Du bared, innovation, and heavy low-skilled, industry standard threshold is too low, outdated facilities, low management level, industry chain is short, the lack of market competitiveness and so on, some small abrasives business under the impact of the financial crisis facing closure has been discontinued.

Current form, is carried out on the abrasives industry consolidation period, raising barriers to entry, industry standards, regulating the market, some do not regulate the acquisition of small enterprises restructuring, reduce pain, increase overall competitiveness. Large-scale construction of affordable housing next year, as well as building the MTR are new opportunities for the industry, industry consolidation and standardization are essential enterprise upgrading abrasives time has come.