China Automotive Heat Exchanger Market Report, 2010-2011
  • June/2011
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Heat exchanger is a kind of equipment that transfers heat from hot fluid to cold fluid. With wide application in automotive and construction machinery vehicles, the heat exchanger falls into heater, cooler, evaporator, condenser, etc.

An automobile is equipped with one radiator at least, and most sedans and passenger cars are equipped with air conditioning systems. Each supercharged diesel engine in line with the EURO II emission regulation is equipped with one oil cooler, which is also a necessity for cars employing automatic gearbox. Furthermore, intercoolers are mounted in heavy-duty vehicles, large passenger cars, some light and medium-duty passenger cars and heavy-duty trucks, so as to meet emission standard.

With the fast development of China’s auto industry, the supply capacity of auto heat exchangers is improving year by year. During the Tenth Five-Year Plan period, the CAGR of auto ownership reached 24.7% in China, while that of auto heat exchanger output realized 22.3%, in step with the advancement of China’s auto industry in the main. Since the Eleventh Five-Year Plan period, the heat exchanger industry has sustained high-speed growth.

Auto Oil Cooler, Intercooler and Radiator Market Scale in China, 2011F
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In the market of medium-and high-grade passenger cars which are mostly produced by joint ventures, auto radiators are largely supplied by foreign manufacturers or joint ventures. By contrast, in the small-displacement low-end passenger car market, especially in the mini-car market, car models independently designed by domestic companies take a lion’s share. Thus, auto radiators are largely offered by domestic third-party auto radiator producers. This calls for more demanding requirements on the modular supply capacity, supporting R&D strengths as well as technical support of auto radiator manufacturers.

For DENSO (Tianjin) Thermal Products Co., Ltd., the sales volume of radiator in 2010 hit 2.08 million, while the sales volume of air conditioning condenser and evaporator realized 4.4 million. Other leading radiator assembly manufacturers include Nanning Baling Technology, Weifang Hengan Radiator Group, etc.

In 2010, the sale volume of auto air conditioning systems of Shanghai Behr Thermal Systems touched 650,000 sets. Other leading auto air conditioning manufacturers include Shanghai Delphi Automotive Air-Conditioning System, Guangzhou Denso, etc.

Zhejiang Yinlun Machinery Co., Ltd. is a privately-owned heat exchanger enterprise, with the operating income in 2010 realizing RMB1.473 billion. In 2010, its sales volume of auto oil cooler surpassed 4.5 million sets, and that of supercharged intercooler exceeded 360,000 sets, both topping the list nationwide.
1. Automotive Heat Exchanger Market of China 
1.1 Overview
1.2 Policies and Regulations

2. Current Development of Automotive Heat Exchanger Market in China 
2.1 Competition and Scale
2.2 Products 

3. Key Manufacturers of Automotive Heat Exchanger in China 
3.1 Zhejiang Yinlun Machinery Co., Ltd.
3.1.1 Profile
3.1.2 Operation
3.1.3 Intercooler Products
3.1.4 EGR Cooler Products
3.1.5 Other Automotive Heat Exchanger Products
3.1.6 Development Strategy 
3.2 Nanning Baling Technology Co., Ltd.
3.2.1 Profile
3.2.2 Operation
3.2.3 Automotive Heat Exchanger Products
3.2.4 Development Strategy
3.3 Other Enterprises
3.3.1 ChengDu NingLiang Industry Ltd.
3.3.2 DENSO (Tianjin) Thermal Products Co., Ltd.
3.3.3 Dongfeng Behr Thermal Systems Co., Ltd.
3.3.4 FAWER Automotive Parts Limited Company
3.3.5 Guizhou Guihang Automotive Components Co., Ltd.
3.3.6 Hunan Changfeng Automobile Air Conditioner Co., Ltd.
3.3.7 Jinan Yongyue Auto Radiator Co., Ltd.
3.3.8 Qingdao Sunny Field Auto Parts Co., Ltd.
3.3.9 Shan Dong HaiDaTong Auto Parts Co., Ltd.
3.3.10 Shandong Tongchuang Auto Cooling System Co., Ltd.
3.3.11 Shanghai Behr Thermal Systems Co., Ltd.
3.3.12 Shanghai Shuanghua Automobile Air Conditioner Parts Co., Ltd.
3.3.13 Yuxin Automotive Air Conditioner Co., Ltd.
3.3.14 Yueyang Hengli Air-Cooling Equipment, Inc.
3.3.15 Jinan Commercial Vehicle Co., Ltd.

4. Market Outlook 
Regulations and Policies of Automotive Heat Exchanger Market in China 
Top 6 Automotive Heat Exchanger Manufacturers in China by Output, 2009 
Market Size of Heat Exchanger Manufacturers in China 
Market Size of China Automotive Heat Exchanger, 2009 
Market Size of China Automotive Heat Exchanger, 2011F 
Classification of Heat Exchangers Used in Automobiles 
Output and Sales Volume of Major Auto Radiator Assembly Enterprises in China, 2009 
Output and Sales Volume of Major Automotive Oil Cooler Enterprises in China, 2009 
Output and Sales Volume of Major Automotive Supercharger Intercooler Enterprises in China, 2009 
Output and Sales Volume of Major Automotive Cooling Fan Enterprises in China, 2009 
Output and Sales Volume of Major Automotive Cooling Fan Clutch Enterprises in China, 2009 
Output and Sales Volume of Major Auto Thermostat Enterprises in China, 2009 
Output and Sales Volume of Major Automotive Air Conditioning Enterprises in China, 2009 
Output and Sales Volume of Major Automotive Air Conditioning Compressor Enterprises in China, 2009 
Output and Sales Volume of Major Automotive Air Conditioning Condenser Enterprises in China, 2009 
Output and Sales Volume of Major Automotive Air Conditioning Evaporator Enterprises in China, 2009 
Output and Sales Volume of Major Automotive Fan Heater Enterprises in China, 2009 
Financial Data of Zhejiang Yinlun Machinery, 2010-2013E 
Gross Margin of Zhejiang Yinlun Machinery, 2006-2011 
Operating Income, Costs, Gross Margin of Zhejiang Yinlun Machinery, 2010 
Export Revenue of Zhejiang Yinlun Machinery, 2004-2010 
Gross Profit of Zhejiang Yinlun Machinery by Product, 2010 
Main Products and Gross Margin of Zhejiang Yinlun Machinery 
Operating Cost Structure of Zhejiang Yinlun Machinery, 2010 
Application of Cooler of Zhejiang Yinlun Machinery, 2010 
Application of Cooler of Zhejiang Yinlun Machinery, 2015E 
Revenue of Intercooler of Zhejiang Yinlun Machinery, 2004-2010 
Gross Profit of Intercooler of Zhejiang Yinlun Machinery, 2004-2010 
Revenue of EGR Cooler of Zhejiang Yinlun Machinery, 2007-2009 
Gross Profit of EGR Cooler of Zhejiang Yinlun Machinery, 2007-2009 
Financial Data of Baling Technology, 2008-2010 
Main Products and Application of Baling Technology 
Output and Sales Volume of Aluminum Passenger Car Cooler of Baling Technology, 2008-2010 
Output and Sales Volume of Aluminum Commercial Vehicle Cooler of Baling Technology, 2008-2010 
Output and Sales Volume of Copper Cooler of Baling Technology, 2008-2010 
Revenue of Baling Technology, 2008-2010 
Top 5 Customers of Baling Technology, 2008 
Top 5 Customers of Baling Technology, 2009 
Top 5 Customers of Baling Technology, 2010 
Sales Volume and Market Share of Auto Heat Exchanger of Baling Technology, 2008-2010 
Sales Market of Automotive Heat Exchangers of Baling Technology by Region, 2008-2010 
Sales Market of Automotive Heat Exchangers of Baling Technology by Region, 2010 
Prices of Main Products of Baling Technology, 2008-2010 
Fundraising Investment Projects of Baling Technology 
Development of New Products of Baling Technology, 2010 
Output and Sales Volume of Heat Exchanger of ChengDu NingLiang Industry Ltd., 2009-2010 
Financial Data of ChengDu NingLiang Industry Ltd, 2008-2009 
Output and Sales Volume of Heat Exchanger of DENSO (Tianjin) Thermal Products Co., Ltd., 2009-2010 
Financial Data of DENSO (Tianjin) Thermal Products Co., Ltd., 2008-2009 
Output and Sales Volume of Heat Exchanger of Dongfeng Behr Thermal Systems Co., Ltd., 2009-2010 
Financial Data of Dongfeng Behr Thermal Systems Co., Ltd., 2008-2009 
Output and Sales Volume of Heat Exchanger of FAWER Automotive Parts Limited Company, 2009-2010 
Financial Data of FAWER Automotive Parts Limited Company, 2008-2009 
Output and Sales Volume of Heat Exchanger of Guizhou Guihang Automotive Components Co., Ltd., 2009-2010 
Financial Data of Guizhou Guihang Automotive Components Co., Ltd., 2008-2009 
Output and Sales Volume of Heat Exchanger of Hunan Changfeng Automobile Air Conditioner Co., Ltd., 2009-2010 
Financial Data of Hunan Changfeng Automobile Air Conditioner Co., Ltd., 2008-2009 
Output and Sales Volume of Heat Exchanger of Jinan Yongyue Auto Radiator Co., Ltd., 2009-2010 
Financial Data of Jinan Yongyue Auto Radiator Co., Ltd., 2008-2009 
Output and Sales Volume of Heat Exchanger of Qingdao Sunny Field Auto Parts Co., Ltd., 2009-2010 
Financial Data of Qingdao Sunny Field Auto Parts Co., Ltd., 2008-2009 
Output and Sales Volume of Heat Exchanger of Shan Dong HaiDaTong Auto Parts Co., Ltd., 2009-2010 
Output and Sales Volume of Heat Exchanger of Shandong Tongchuang Auto Cooling System Co., Ltd., 2009-2010 
Output and Sales Volume of Heat Exchanger of Shanghai Behr Thermal Systems Co., Ltd., 2009-2010 
Financial Data of Shanghai Behr Thermal Systems Co., Ltd., 2008-2009 
Output and Sales Volume of Heat Exchanger of Shanghai Shuanghua Automobile Air Conditioner Parts Co., Ltd., 2009-2010 
Financial Data of Shanghai Shuanghua Automobile Air Conditioner Parts Co., Ltd., 2008-2009 
Output and Sales Volume of Heat Exchanger of Yuxin Automotive Air Conditioner Company Limited, 2009-2010 
Output and Sales Volume of Heat Exchanger of Yueyang Hengli Air-Cooling Equipment, Inc., 2009-2010 
Financial Data of Yueyang Hengli Air-Cooling Equipment, Inc., 2008-2010 
Output and Sales Volume of Heat Exchanger of Jinan Commercial Vehicle Co., Ltd., 2009-2010 

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