Overview - The automotive fluid pipeline industry is a crucial part of the automotive supply chain, with a significant share in the overall value chain, and is experiencing rapid growth due to the expansion of China's automotive market and global procurement [1][13] - The market size of China's automotive fluid pipeline industry is projected to reach 15.863 billion yuan in 2024, representing a year-on-year growth of 15.08%, with over 60% of this market attributed to new energy vehicles [1][13] Market Policies - The Chinese government has issued various policies to support the development of the automotive fluid pipeline industry, creating a favorable policy environment for growth [4][6] Industry Chain - The automotive fluid pipeline industry consists of upstream raw material suppliers (metals, rubber, plastics), midstream production and R&D, and downstream applications in various automotive systems [7][9] - The demand for fluid pipelines is increasing, particularly in the context of new energy vehicles, which require advanced thermal management systems [7][11] Competitive Landscape - The global automotive parts industry has been historically dominated by developed countries, but Chinese companies are increasingly gaining market share through innovation and cost advantages [15][16] - Key players in the Chinese automotive fluid pipeline industry include Su Lian Co., Zhong Ding Co., Ling Yun Co., and Teng Long Co., with Zhong Ding Co. leading in revenue at 18.85 billion yuan in 2024 [17][19] Development Trends - The industry is expected to focus on enhancing material application, structural performance design, and production processes to meet stricter emissions standards and promote lightweight designs [24]