In 2018, China's framework materials would keep steady growth, and is predicted to rise by 4%, according to Framework Materials Committee of China Rubber Industry Association' report.
It is predicted to produce 2,550,000 tons of steel cord, 920,000 tons of bead wires, 350,000 tons of nylon cord fabrics and 330,000 tons of polyester cord fabrics in 2018.
At the same time, the committee said that Chinese demand hasn't changed, adding to popular international trade protectionism, which increase uncertain factors in the future. So Chinese framework material industry should not expand too fast, avoiding bad competition in the future.
