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. Europe remains the largest region for fiberglass consumption, accounting for 35% of total global use.
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 international companies in the international market after the exit of the industry due to low profit margins. The growth of the domestic market is from downstream consumption. The rapid development of the industry. After more than 50 years of development, China's glass fiber has been quite large.
In 2006, the country produced a total of 1,160,700 tons of fiberglass yarn, an increase of 22.18%. Among them: the output of the pool kiln is 891,200 tons, accounting for 76.79% of the total production. The sales rate of glass fiber industrial products was 99.5%, an increase of 2.8 percentage points over the same period of 2005, and the inventory decreased. In 2006, the cost of the main business of the company was as high as 23.744 billion yuan, a year-on-year increase of 30.84%. The company overcomes the impact of rising raw material prices and achieves a new level of profit. In 2006, the industry realized a total profit of 2.566 billion yuan, an increase of 39.65%; the total profit and tax was 3.685 billion yuan, an increase of 43.53%. In 2006, China's glass fiber industry earned 1.18 billion US dollars in exports and achieved a trade surplus of 451 million US dollars. The cumulative export of glass fiber and products was 790,100 tons, an increase of 38.9%.
From January to November 2007, China's glass fiber and product manufacturing industry realized a total industrial output value of 37,624,527,000 yuan, an increase of 38.07% over the same period of the previous year; cumulative sales revenue of products reached 36,565,839 thousand yuan, an increase of 38.22% over the same period of the previous year; The accumulated total profit reached RMB 3,541,052,000, an increase of 51.08% over the same period of the previous year.
In 2008, affected by the international financial crisis, the export situation of China's glass fiber is very serious. In the period when the international economic situation is sluggish and the current supply exceeds demand, it is necessary to accelerate the development and application of downstream products in the glass fiber industry in order to comply with the current national policy. . Pay attention to the domestic demand for glass fiber yarn, expand domestic demand, and maintain the sustainable development of the domestic economy.
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 generation, 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.
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