The Russia-Ukraine situation has now entered its fourth round of negotiations. Since the conflict began, many industries have been affected, and the measurement sector is no exception.
In the field of pressure testing films, regional tensions have led to tightened policies, including import-export restrictions. As a result, the costs of imported pressure-sensitive films have steadily increased, and delivery lead times for imported products have been extended. This situation has added additional challenges to the pressure testing industry.
Many products rely on pressure-sensitive films for accurate pressure measurement. The sudden reduction in availability of imported films has created significant supply pressure on domestic pressure-sensitive film brands. Consequently, many purchasers have turned to domestic brands to meet their testing requirements.
For domestic pressure-sensitive film manufacturers, this presents both an opportunity and a challenge. While demand has surged, some domestic brands have faced supply shortages and have had to increase production and overtime to keep up.
The Russia-Ukraine situation has, to some extent, accelerated the development of the domestic pressure-sensitive film industry. It also underscores the importance of having reliable domestic suppliers. Any company operating in a region must ensure stable sourcing to maintain production continuity.
While the domestic industry has gained growth opportunities, we do not welcome the conflict itself. We hope to see global peace and stability, which benefits all industries and communities alike.
SaiYon
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