Research and Markets has announced
the addition of Textiles Intelligence's new report "Japanese Nonwovens
Producers Look to the Chinese Market to Add Value"
to their offering.
The largest spunbonded nonwovens operations in Asia are the
subsidiary companies of Japanese firms operating in China. Such firms have
invested in China in order to produce commodity products profitably by taking
advantage of Chinas lower labor and production costs.
But Japanese nonwovens manufacturers are now realizing that
there are opportunities for doing more profitable business by exporting huge
quantities of Japanese-made value-added materials to China. No longer is the
Chinese market confined to low value commodity products.
This is borne out by export figures which reveal that the
average value of nonwoven products exported by Japanese manufacturers to China
in 2009 was almost double the average value of materials exported to the USA.
Admittedly, unit weights and types of materials vary from
one export market to another. Also, some markets have a greater proportion of
higher value nylon nonwovens while others are made up predominantly of lower
grade polyester and polypropylene products. But the overall message is clear the
Chinese market is now providing the added value for Japanese producers which was
formerly provided by markets in the USA, and to a lesser extent Europe.
Some idea of the market potential can be obtained by looking
at companies such as the automotive products manufacturer Japan Vilene which
generated only 0.2% of its sales in 2009 in other Asian countries or the huge
Japanese concern Asahi Kasei Fibers, which generated only 5% of its sales in
Moreover, Chinas market could be opened up even further to
Japanese manufacturers if a trilateral free trade agreement between China, Japan
and South Korea is completed, as planned, by 2012.
It is not surprising, therefore, that the exporting of
value-added products to China now forms a key component of the strategies of
most of the leading Japanese nonwovens manufacturers.
JAPANESE NONWOVEN OPERATIONS IN CHINA
JAPANESE NONWOVEN EXPORTS
ASAHI KASEI FIBERS
- List of tables
- Asahi Kasei Fibers
For more information visit http://www.researchandmarkets.com/research/84652e/japanese_nonwovens
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