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Transport development to promote Chinese market prospects were bright reflective vests

China reflective vests substantial market is entering a period of growth. On the one hand, our recent investment in infrastructure construction in the rapid growth of the average annual growth rate of 24.5% (2003 - 2008), highway, urban road construction mileage increases every year, the demand for road traffic signage will be increased substantially. On the other hand, reflective vests another major application areas are also the rapid development of the motor vehicle market, where car sales in 1999 - 2009 CAGR of 22%. Road construction and development of China's motor vehicle industry is reflective materials market has brought great opportunities for development, internationally renowned company 3M, Avery Dennison and other sights future market opportunities in China, have commercial distribution in the Chinese market.

With the development of China's transport services, highway mileage innovative high, the importance of building new countryside construction of rural roads, as well as urbanization, improving urban road construction, reflective vests domestic demand will grow rapidly, reflective vests market "in front of nice view."

Reflective vests with our demand is closely related to road construction. With the development of the national economy, traffic developed very rapidly, China's road, rail mileage increases, high-speed, traffic engineering information technology has been a trend; simultaneously with the acceleration of the urbanization process in China, more and more urban roads, the more to the more comprehensive and complex. By the end of 2010, China has built highways 74,000 km, 459,000 km highway, 3,450,000 km of ordinary roads; expects the next five years, the highway mileage will grow at a rate of 8%, to the "Twelve Five" reached 100,000 km, highway and ordinary road will be at a rate of about 8% and 3% to maintain growth. New roads need to be set each year a certain amount of signage, and because the life of reflective vests 3-7 years, every year there will be a lot of signage also needs to be updated. According to highway construction this development, a conservative estimate of reflective vests in the field of road traffic signs signs next five years will maintain the growth rate of around 4.55%.

In the railway sector, reflective vests in the application of signage will also keep the market size of 18-20 million square meters per year. In the field of urban road signs, road because the city has a multi-junction, logo signs intensive, complex traffic conditions, type and more features flag is set, a crossroads reflective vests usage of at least 67M2; Meanwhile, on the city roads also need to set a large number of street signs, lane cards, numbers and signposts area, residential, tourism, vacation, Memorial Park, the general street signs on city roads per kilometer, Lane licensing, building reflective vests amount of about 16M2, each reflective signposts vest amount of 0.8M2. With the standardization of the country to accelerate the transformation process of urbanization and urban Highways existing facilities, urban signs, house, street signs, lane licensing and brand of reflective vests to demand will continue to grow.