Glass fiber is a very good substitute for metal materials. With the rapid development of the market economy, glass fiber has become an indispensable raw material for the construction, transportation, electronics, electrical, chemical, metallurgical, environmental protection, national defense and other industries. Due to its wide application in many fields, glass fiber has received increasing attention. The global fiberglass production and consumption countries are mainly developed countries such as the United States, Europe, and Japan, and their per capita glass fiber consumption is relatively high.
The rapid development of China's glass fiber industry in recent years has driven the domestic and foreign markets. The expansion of the international market has both the factors of total demand growth and the development space left by domestic enterprises in the international market after the international enterprises have withdrawn from the industry due to low profit margins. The growth of the domestic market is from downstream consumption. The rapid development of the industry. After years of development, China's glass fiber has been quite large.
With the orderly transformation of the country's macro-economy from policy-stimulated growth to independent growth, China's glass fiber industry also experienced a gradual decline from rapid growth to growth in 2015. In 2016, the cumulative production of glass fiber yarn reached 2.79 million tons, with a total of 69 production tank kiln and a production capacity of 2.7 million tons.
In 2016, China adjusted the glass fiber industry access standards. The production capacity of the newly built glass fiber roving kiln in the original version of the “Fiberglass Industry Access Conditions” in 2015 was as high as 50,000 tons/year. From January to August 2016, China's glass fiber yarn production reached 4,309,600 tons, an increase of 10.17% over the same period of 2015.
In 2016, the output of China's glass fiber yarn industry showed a growth trend. The annual output reached 494.90 million tons. The top three provinces produced Shandong Province, Zhejiang Province and Hunan Province. The total proportion of the three regions was 59.39%, and the output was concentrated. The degree is relatively high.
In the long run, the strengthening and transformation of infrastructure in the Middle East and Asia-Pacific has increased the demand for glass fiber. As the global demand for glass fiber in glass fiber modified plastics, sports equipment, aerospace and other fields continues to grow, The outlook for the glass fiber industry remains optimistic. In addition, the application field of glass fiber has expanded to the wind power market, which may be a bright spot in the future development of glass fiber. The energy crisis has prompted countries to seek new energy sources. Wind energy has become a focus of attention in recent years, and China has begun to increase investment in the field of wind power. By 2020, China will invest 350 billion yuan in wind power, of which 20% (or 70 billion yuan) will need to use glass fiber (such as wind turbine blades). This is a big market for Chinese fiberglass companies. In general, the future application of glass fiber products as new materials in China will become wider and wider, and the market still has a very large development space.
