1. International market
Due to its superior properties, glass fiber can be used as a substitute for metal. With the rapid development of the economy and technology, glass fiber occupies an important position in the fields of transportation, construction, electronics, metallurgy, chemical industry, national defense, and environmental protection. Globally, glass fiber production and consumption are mainly concentrated in developed countries such as Europe, the United States, and Japan. In addition, Europe is also the region with the largest consumption of glass fiber in the world, and the required glass fiber accounts for 35% of the total global output. By 2008, the expansion plan of the global glass fiber industry will be more cautious. From a global perspective, the capacity of glass fiber production is showing a slow growth trend. By 2010, the total global glass fiber production is close to 5 million tons, and it is expected to grow rapidly in the future.
2. Domestic market
Due to the serious reform of technology, the quality of glass fiber products in my country has been at the upstream level, and the deep processing products are also increasing year by year. In the field of glass fiber in my country, the net profit rate of enterprises is between 25-35%, which is much higher than the foreign interest rate of 10%. . From a global perspective, the glass fiber industry has been in a monopoly for a long time. As a new force in the field of glass fiber, my country has been increasing its production capacity by more than 20% every year through the hard work of countless scientists. It will occupy more than 60% of the global share and become the leader in the international glass fiber market.
The rapid development of my country’s glass fiber industry in recent years is mainly driven by two aspects: the pull of domestic and foreign markets. The increase of the international market year by year makes the total demand on the rise, and also makes some foreign companies make room for domestic companies in the international market due to low production capacity; while the growth of the domestic market is beneficial to the rapid development of downstream companies. develop. After more than half a century of development, my country’s glass fiber field has formed a relatively considerable scale. Compared with the world’s largest glass fiber field, my country’s glass fiber products have less specifications and limited scope of use. But this is precisely from another point of view, my country’s glass fiber industry is making progress every day, and there is a lot of room for improvement.
my country’s glass fiber industry did not start as early as developed countries, but after 20 years of hard work, my country’s glass fiber industry has achieved remarkable development. The growth rate of my country’s products is extremely fast. Compared with other developed countries, my country is also among the best in terms of growth rate. In the mid-1980s, my country’s glass fiber output was even less than 100,000 tons, accounting for about 5% of the world’s total glass fiber output. However, after 1990, the glass fiber industry developed rapidly. When the world glass fiber industry in 2001-2003 When it was in a bottleneck, unlike other countries, our country was minimally affected, and production was still increasing. In 2003, the annual output of glass fiber in my country has reached 470,000 tons, reaching 20% of the world’s total glass fiber output, and it has perfectly completed the indicators of the “Tenth Five-Year Plan”. Exports go hand in hand, especially in recent years, the rapid development of my country’s glass fiber industry, which makes the import and export volume also increase linearly.
By 2003, the export volume of my country’s glass fiber has exceeded half of the total output. On the surface, my country’s glass fiber industry has been in line with the world, integrated into the world, and its advantages in the international market are also growing. Due to the rapid development of glass fiber in my country, the demand for foreign new technologies and new products is increasing, which has formed a virtuous circle. By 2004, my country had realized its long-term dream of exporting more than its imports.
By 2006, the annual output of glass fiber in my country was 1.16 million tons, an increase of 22%, and the product sales rate exceeded 99%. The capital of glass fiber enterprises exceeded 23.7 billion yuan, an increase of more than 30%. Although raw material prices have risen, profits have also risen due to improved technology. The profit of the entire glass fiber industry is nearly 2.6 billion yuan, an increase of nearly 40%. In terms of exports, the foreign exchange earned nearly 1.2 billion US dollars, and the total export volume reached 790,000 tons, an increase of 39%. In 2007, the total output value of my country’s glass fiber industry reached 37.2 billion, an increase of 38% over the previous year. The total profit reached 3.5 billion yuan, an increase of 51% over the previous year.
In 2008, due to the global financial crisis, my country was also affected, and the export of glass fiber became severe. Due to the overall international economic downturn and the serious imbalance between supply and demand, my country vigorously developed the downstream products of the glass fiber industry, and the glass fiber industry in my country’s losses are minimized.
By the end of 2011, the output of glass fiber yarn in my country reached 3.72 million tons, an increase of 17%. Judging from the output of different provinces and cities across the country, the output of glass fiber in Shandong Province increased the most, with an annual output of 1.25 million tons, an increase over last year. 19%, accounting for 34% of the country’s total glass fiber production. In second place is Zhejiang province, which accounts for 20% of total production. As the glass fiber industry grows faster and faster, the competition within the industry is becoming more and more fierce, so many excellent companies have begun to focus on market research, and strive to produce products that meet all the needs of customers.
On a large scale, due to the advent of global integration, the Middle East. With the economic development of the Asia-Pacific region, the demand for glass fiber is still increasing. And with the continuous development of technology, people will use glass fiber in the field of wind power, so the prospect of the glass fiber industry is also very bright.
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Post time: Jul-13-2022