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Glass fiber market in 2022

Views: 3     Author: Site Editor     Publish Time: 2022-11-03      Origin: Site

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In 2022, the market concentration of glass fiber is relatively high, and the competitive advantage of leading enterprises is expanding


Glass fiber (referred to as fiberglass) refers to an inorganic non-metallic material made of pyrophyllite, kaolin, etc. as raw materials, through high temperature melting, wire drawing, drying, winding and reprocessing of the original yarn. Fiberglass is a new type of material with superior performance, and it is also a new material that our country is focusing on encouraging development.


fiberglass materials-HD Fiberglass


According to the "2022-2026 In-depth Analysis and Research Report on the Development Status of China's Glass Fiber Industry and Industrial Transformation Strategies" released by the Xinsijie Industry Research Center, in 2020, the new crown pneumonia epidemic will have a major impact on the global economy, but despite this, my country's The output of the glass fiber industry is still growing. The total output in 2020 will reach about 5.43 million tons, a year-on-year increase of 2.6%. The growth rate has dropped significantly compared with 2019. As of the end of October 2021, the production capacity of China's glass fiber industry has reached 5.84 million tons, and the overseas production capacity of domestic enterprises has reached 400,000 tons.

The glass fiber market is highly concentrated, and its global leading position is relatively stable. In the international market, leading companies have improved their competitiveness and market share by expanding production, optimizing production processes, and reducing production costs, such as United States OC, Japan NEG, Taishan Fiberglass, China Jushi, Hebei Haiding Fiberglass, American JM and other enterprises. my country is the main driving force for the growth of the global fiberglass market, and the growth rate of the domestic glass fibre market is higher than the global average.


Fiberglass fabric-HD Fiberglass


Glass fiber has the advantages of light weight, high strength and high mechanical strength. Its downstream application fields are wide, involving electronic appliances, new energy vehicles, wind power generation, 5G, transportation and other fields. The downstream market demand space is broad. my country is a major producer of glass fiber in the world. In recent years, under the guidance of national policies, the upgrading of glass fiber industry structure has accelerated, and the development of the industry has gradually upgraded to green, intelligent, international, high-end and differentiated directions.

From the perspective of market segments, according to different components, glass fiber can be divided into alkali-free glass fiber, medium-alkali glass fiber, high-alkali glass fiber and alkali-resistant glass fiber. Among them, alkali-free glass fiber is the mainstream product in the market, and its production capacity accounts for About 95.4%; according to the diameter of the monofilament, fiberglass is divided into three types: roving, spun yarn and electronic glass fiber yarn. Among them, the roving market accounts for a relatively high proportion, reaching more than 70%. However, with the optimization of the glass fiber industry structure, the roving market accounts for more than 70%. The market share of high value-added products such as electronic glass fiber yarn and spun yarn has increased.


fiberglass


Industry analysts from Xinsijie said that glass fiber has excellent comprehensive performance and a wide range of downstream applications. In recent years, with the development of my country's photovoltaic, wind power, electronic appliances and other industries, the market demand for glass fiber has gradually been released, and the industry scale has continued to expand. The glass fiber market has a high degree of concentration. With the upgrade of market demand and the active deployment of leading companies, the structure of the glass fiber industry will continue to be optimized, and the development trends of industry greening, intelligence, internationalization, high-end and differentiation will become more obvious. .


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