Fiberglass (Fibreglass) is an inorganic non-metallic material with excellent performance, which is used to make reinforced plastic or reinforced rubber. As a reinforcing material, glass fiber has the following characteristics, which make the use of glass fiber far more efficient than other types of fibers widely.
There are many ways to classify glass fibers:
(1) According to the different raw materials selected during production, glass fibers can be divided into alkali-free, medium-alkali, high-alkali and special glass fibers;
(2) According to the different appearance of fibers, glass fibers can be divided into continuous glass fibers, fixed-length glass fibers, and glass wool;
(3) According to the difference in the diameter of the monofilament, glass fibers can be divided into ultra-fine fibers (diameter less than 4 m), high-grade fibers (diameter between 3-10 m), intermediate fibers (diameter greater than 20 m), thick fibers Fiber (about 30¨m in diameter).
(4) According to the different properties of the fiber, glass fiber can be divided into ordinary glass fiber, strong acid and alkali resistant glass fiber, strong acid resistant glass fiber
The growth rate of glass fiber yarn production dropped significantly
In 2020, the total output of glass fiber yarn will be 5.41 million tons, a year-on-year increase of 2.64%, and the growth rate has dropped significantly compared with last year. Although the new crown pneumonia epidemic has caused a major impact on the global economy, thanks to the continuous progress of the industry-wide capacity control work since 2019 and the timely recovery of the domestic demand market, no large-scale serious inventory backlog has been formed.
Entering the third quarter, with the rapid growth of wind power market demand and the gradual recovery of demand in infrastructure, home appliances, electronics and other fields, the supply and demand situation of the glass fiber yarn market has fundamentally changed, and the prices of various types of glass fiber yarn have gradually entered a fast rising channel.
In terms of kiln yarn, in 2020, the total output of kiln yarn in mainland China will reach 5.02 million tons, a year-on-year increase of 2.01%. In 2019, the production capacity control of glass fiber yarn was implemented. The total production capacity of the newly built pool kiln project was less than 220,000 tons. During the same period, nearly 400,000 tons of production capacity entered a state of shutdown or cold repair. The actual production capacity of the industry was effectively regulated, which helped the industry resolve the market. The imbalance between supply and demand and the response to the new crown pneumonia epidemic have provided a solid foundation.
With the recovery of market demand and the rapid recovery of prices, the total production capacity of the newly built pool kiln project in 2020 has reached nearly 400,000 tons. In addition, some cold repair projects have gradually resumed production. The industry still needs to be alert to the excessive growth of glass fiber yarn production capacity. To solve the problem, rationally adjust and optimize the production capacity structure and product structure.
In terms of crucible yarn, the total output of channel and crucible yarn in mainland China in 2020 is about 390,000 tons, an increase of 11.51% year-on-year. Affected by the epidemic and other factors, the domestic channel yarn production capacity has shrunk significantly in early 2020. However, in terms of crucible yarn, although it was also affected by the epidemic situation, recruitment, transportation and other factors at the beginning of the year, the output of crucible yarn increased significantly with the rapid increase in the demand for various types of low-volume and multi-variety differentiated industrial fabrics downstream.
The output of glass fiber textile products is growing rapidly.
Electronic felt products: In 2020, the total output of various electronic cloth/felt products in my country is about 714,000 tons, a year-on-year increase of 4.54%. With the continuous advancement of intelligent manufacturing and 5G communication, as well as the accelerated development of smart life and smart society due to the epidemic , to drive the rapid development of the electronic communication equipment and facilities market.
Industrial felt products: In 2020, the total output of various industrial felt products in my country was 653,000 tons, a year-on-year increase of 11.82%. With the strengthening of investment in real estate, infrastructure and other fields in the post-epidemic era, mesh fabrics, window screens, sunshade fabrics, fire curtains, fire blankets, waterproof membranes, wall coverings and geogrids, membrane structure materials, The output of glass fiber products for construction and infrastructure, such as reinforced mesh, thermal insulation composite panels, etc., maintained a good growth momentum.
Various electrical insulating materials such as mica cloth and insulating sleeves benefited from the recovery of household appliances and other industries and grew rapidly. The demand for environmental protection products such as high temperature filter cloth is stable.
The output of thermosetting glass fiber reinforced composite products increased significantly
In 2020, the total output of glass fiber reinforced composite products in China will be about 5.1 million tons, a year-on-year increase of 14.6%. The new crown pneumonia epidemic that broke out in early 2020 had a serious impact on the production of glass fiber reinforced composite products in terms of recruitment, transportation, procurement, etc., and a large number of enterprises stopped work and production. Enter
After entering the second quarter, with the strong support of the central and local governments, most enterprises resumed production and work, but some small and weak SMEs fell into a dormant state, which further increased the industrial concentration to a certain extent. The order volume of enterprises above the designated size has grown steadily.
Glass fiber reinforced thermosetting composite products: In 2020, the total output of glass fiber reinforced thermosetting composite products in China will be about 3.01 million tons, a year-on-year increase of about 30.9%. The strong growth of the wind power market is the primary factor behind the rapid growth in production.
Glass fiber reinforced thermoplastic composite products: In 2020, the total output of glass fiber reinforced thermoplastic composite products in China will be about 2.09 million tons, a year-on-year decrease of about 2.79%. Affected by the epidemic, the automobile industry's annual output fell by 2% year-on-year, especially the production of passenger cars fell by 6.5%, which had a greater impact on the decline in the output of short glass fiber reinforced thermoplastic composite products.
The production process of long glass fiber and continuous glass fiber reinforced thermoplastic composite products is becoming more and more mature, and its performance advantages and market potential are being understood by more and more people. It is getting more and more applications in the field.
The export of glass fiber and products has dropped significantly
In 2020, the whole industry will realize the export of glass fiber and products of 1.33 million tons, a year-on-year decrease of 13.59%. The export value was 2.05 billion US dollars, a year-on-year decrease of 10.14%. Among them, the export volume of glass fiber raw material balls, glass fiber rovings, other glass fibers, chopped glass fibers, roving woven fabrics, glass fiber mats and other products fell by more than 15%, while other deep-processed products were relatively stable or increased slightly.
The new crown pneumonia epidemic continues to spread around the world. At the same time, the trade policy situation of Europe and the United States has not improved significantly. The trade war adopted by the United States against China's export products and the trade remedy policy implemented by the European Union against China are still ongoing. The root cause of the obvious decline in the export volume of my country's glass fiber and products in 2020.
In 2020, my country imported a total of 188,000 tons of glass fiber and products, a year-on-year increase of 18.23%. The import value was 940 million US dollars, a year-on-year increase of 2.19%. Among them, the import growth rate of glass fiber rovings, other glass fibers, narrow woven fabrics, glass fiber sheets (Bali yarn) and other products exceeded 50%. With the effective control of the epidemic in my country and the resumption of production and work in the domestic real economy, the domestic demand market has become a strong engine supporting the recovery and development of the glass fiber industry.
According to the data of the National Bureau of Statistics, in 2020, the main business income of my country's glass fiber and products industry (excluding glass fiber reinforced composite products) will increase by 9.9% year-on-year, and the total profit will increase by 56% year-on-year. The total annual profit exceeds 11.7 billion yuan.
On the basis of the continuous spread of the new crown pneumonia epidemic and the continuous deterioration of the international trade situation, the glass fiber and products industry can achieve such good results. On the other hand, thanks to the industry's continuous implementation of glass fiber yarn production capacity control since 2019, the number of new projects has been delayed, and the existing production lines have started cold repairs and delayed production. The demand in market segments such as wind power and wind power has grown rapidly. Various glass fiber yarns and products have achieved multiple rounds of price increases since the third quarter. The prices of some glass fiber yarn products have reached or approached the best level in history, and the overall profit level of the industry has increased significantly.
Post time: Jun-29-2022