Rev. Stop cell permeability will amount to 70% in 2020 high-end lead battery remains bargaining power - Lead-acid battery

Lead-acid battery subdivided market competition is intense, scale advantage is the key. Domestic lead-acid battery market is relatively concentrated, chemical power lead-acid battery industry more competitive, product price competition and cost increase the net profit margin of the main manufacturers in the industry are greatly reduced. As residents rising on the battery performance requirements, country to the environmental protection is becoming more and more attention and the drive up, industry barriers to entry in the industry has scale advantage enterprises will get more development opportunities, and by way of expansion and merger and acquisition further expand the scale, industry concentration will be improved. Upstream high-end battery manufacturer with a strong bargaining power. Upstream of lead-acid battery industry including lead, sulfuric acid, such as plastic, lead-acid battery industry, the demand for raw materials, lead and sulphuric acid industry as a whole presents the excess production capacity, and battery is one of the important downstream applications, lead to sulfuric acid of lead and lead-acid battery industry has strong bargaining power. The plastic is in shortage state, battery industry have higher requirements, the characteristic of plastic and plastic industry bargaining power is low. Upstream of lead-acid battery mainly raw materials and other industries, are greatly influenced by price fluctuations. The upstream raw materials affected by the environmental protection policy, price fluctuation is bigger, obvious effect on cost of battery industry. Upstream of traders to lead smelting industry, due to the lead and lead calcium alloy for most of the cost of lead-acid battery, lead smelting industry larger influence on enterprises. The number is more, at present, the domestic lead smelting enterprises more competitive. As domestic environmental pressures and to improve the quality of the product requirements, smelting technology behind the small and medium-sized enterprise survival space will be narrowed, mergers and reorganization will lead smelting industry concentration further increased. To reduce the raw material price fluctuations impact on industry profitability, companies tend to establish the lead with customers on product sales price linkage mechanism - 2015 2018 lead-acid battery raw materials & ndash; — Lead prices trend obvious source: public data compilation downstream demand industrial upgrading, lead-acid battery industry barriers, high-end battery bargaining power is strong. Lead-acid battery industry in China in recent years as the downstream demand pull, good profit, profit margins at high level, the potential entrants has strong appeal. At the same time, national policies, specifically introduced a series of standardized industry, improve the industry barriers to entry, industry barriers emerge. Downstream industry mainly cars, electric cars, communications, new energy, such as the current bargaining power lead-acid battery industry as a whole is low, but high-end lead-acid battery products production enterprise bargaining power is relatively high. Global lead-acid battery market scale predicted source: public information auto start-stop battery high gross profit margin, high technical barriers. For parking and more frequent startup and when the idle speed for the on-board electrical power supply requirements, such as start-stop battery than ordinary starter battery has higher requirements. Start-stop cell permeability will reach 50% in 2018, about 13. 5 million sets; Penetration will reach 70% in 2020, shipments of about 21 million sets, the output value 14 billion yuan; From 2015 to 2018, is China's auto stop cell growth of gold, compound annual growth rate as high as 46%. According to the new car sales in 2020, 29. 11 million meter start-stop battery market sensitivity analysis ( One hundred million yuan) Source: public information to sort out the article source: battery online