Glass fiber reinforcement is a composite material composed of high-strength glass fiber as a reinforcing material, synthetic resin as a matrix material, and an appropriate amount of auxiliary agent.
The development period of foreign glass fiber reinforcement industry is relatively early and the industry development is relatively mature. The development of China's glass fiber reinforcement industry has accelerated in the last 10 years. There are a large number of enterprises in the industry, most of which are small and medium-sized enterprises. The market competition is fierce.
From the perspective of industry maturity, China's glass fiber reinforcement industry is not yet mature. The scale of the industry has expanded rapidly in recent years. In just a few years, many companies have entered the industry. The industry's production and sales volume and market scale have grown rapidly, and the market order is chaotic. , The competition in the industry is fierce.
As a new high-performance structural material, glass fiber reinforcement is widely used in subway tunnels (shields), highways, bridges, airports, docks, stations, water conservancy projects, underground projects and other fields, and can be adapted to sewage treatment plants, chemical plants, Corrosive environments such as electrolyzers, manhole covers, and coastal defense projects. Glass fiber reinforcement can solve many problems in engineering, make up for the shortcomings of traditional steel, and bring new development opportunities to civil and construction engineering.
Market demand for glass fiber reinforcement continues to maintain steady growth
China's glass fiber rebar industry started at the end of the 20th century. Through the introduction of foreign advanced technology and rapid production capacity, China's glass fiber rebar industry has been expanding in scale and its status in the world has been continuously improved. It has become the world's largest country in glass fiber rebar production capacity. During the "Thirteenth Five-Year Plan" period, driven by the domestic market demand, the apparent consumption of domestic glass fiber reinforcement also continued to maintain steady growth.
2015-2019 my country's sales revenue and growth rate analysis of glass fiber reinforcement
Analysis of the current situation of competition in China's glass fiber reinforced industry
From the perspective of the competition between imported glass fiber reinforced products and domestic glass fiber reinforced products, currently imported glass fiber reinforced products are affected by brand and technology, and are more expensive and relatively more competitive than domestic glass fiber reinforced products; on the other hand, , China’s domestically produced glass fiber reinforced products have an important competitive advantage in the low-end and mid-end glass fiber reinforced market due to cost factors. This makes the current domestically produced glass fiber reinforced products occupy the low-end and mid-range markets.
The foreign glass fiber reinforcement industry developed earlier. After years of development, both the production process and the product quality are now relatively mature. Certain achievements have also been made in the development of the use of glass fiber reinforced products. The products have more extensive uses and more market demand. However, the development of my country's glass fiber industry is relatively late, and there is a certain gap in terms of brands and products, especially the domestic market demand for high-end products depends on imports, which is not conducive to the development of my country's glass fiber industry.
From the perspective of competition, in the future glass fiber reinforced industry, technology competition, brand competition and channel competition will gradually increase. The current price competition is still the main means of competition in the market. This means of competition is not conducive to the development of the enterprise itself in the adjustment of the industry structure. In the future, the market demand for medium and high-end glass fiber reinforced products will increase rapidly, which requires enterprises to strengthen technology research and development and The building of the brand promotes the increase of technology competition, brand competition and channel competition in the glass fiber reinforced industry.
Development Trend Forecast of China's Glass Fiber Reinforcement
(1) Products are developing towards high-end
Due to the late start of China's domestic glass fiber rebar industry, there was a large gap in scientific research capabilities with the US in the past, resulting in a small market share for high-end products. As domestic enterprises invest in scientific research, actively engage with downstream application industries, follow up the transformation and development of downstream industries and their continuous escalation in demand for glass fiber reinforced products, timely understand and grasp development trends, attach importance to application research, and strengthen fibers The application innovation of composite materials has led to the development of high-end products to meet the needs of mid- to high-end customers.
(2) Development of scale and brand
With the development of China's fiberglass tendon industry, Chinese fiberglass tendon companies have increased R&D investment in production scale and deep processing, gradually established their own brands, actively participated in international competition, opened up customers, and implemented large-scale and brand-based development.