China Fiberglass Industry Production & Marketing Demand and Investment Forecast Report, 2013-2017

Current these years production and demand of Euro-American composite continuously increase while China composite market fast develops. The constant improvement of resin and fiberglass technology and general increase of manufacturing capability leads to the acceptance of fiberglass composite price by many industries. Fiberglass is a perfect metal alternative material and widely used in the fields of building, ship craft, chemical pips, auto, aviation and wind power generation. And the application areas are widening. Therefore, the global market space is huge.

Since 2008 fiberglass corporations in the world took a careful attitude towards expanding plan and growth of global fiberglass production was slowing down. The global fiberglass production in 2010 is 4.715 million ton which will reach 5 million ton and 2011 and 5.3 million ton in 2012. Global fiberglass market demand in 2010 is about 4.35 million ton and will increase 11%-12% in the following two years. It is predicted that there will be a shortage for global fiberglass demand and supply from 2011 to 2012.

The development potential of domestic market is larger comparing with that of global market. The accumulated production of China fiberglass in 2010 is 2.56 million ton with a year-on-year growth of 25%. Proportion of China fiberglass to global fiberglass is over 50%. And production proportion of pool furnace drawing to fiberglass has increased from 44% in 2002 to over 80% in 2010. There are 850 corporations of scale in China fiberglass industry which increase 7.19% comparing with that of last year; sales revenue in 2010 is as high as 79.205 billion Yuan while profit is 5.903 billion Yuan and capital scale is 80.854 billion Yuan.

With the development of high-tech and update of traditional industrial material, fiberglass has become an indispensable new material for national economy. Energy consumption of fiberglass (per ton) has lowered than that of 0.8 ton standard coal. View from the strength energy consumption per cubic meter, that of fiberglass is 40% that of steel and 10% that of aluminum. View from the application ratio for various materials, that of composite is only 1.5% and fiberglass will replace the traditional materials like steel, aluminum, wood and PVC which may result in over 4 times growth of global fiberglass industrial production in future 10 to 20 years. According to statistics, per capita annual fiberglass consumption in developed countries is 3-6 kg while it is only 0.6 kg in China. The low consumption in China reflects that the application field for fiberglass products is not yet well developed thus the development space for fiberglass industry is quite enormous.

The structure of global fiberglass industry is oligopoly-oriented for a long time. And the China fiberglass industry is raising in current years that the three major fiberglass giants not only control the domestic market but also becomes the new oligopoly in the global market. After years of development, for China fiberglass corporations the product quality is on the upstream level while the general fiberglass has reached global standard and ratio of deeply-processed product gradually increases. Gross profit rate of leading corporations in China fiberglass industry is about 25%-35% which is obviously higher than that of 10% for foreign giants. View either from domestic or the world, oligopoly structure of fiberglass industry has formed. As a newly emerging force, China’s production growth rate in current years will be over 20% per year. And it is predicted that China will take up more than 60% global market share in 2012.

China fiberglass industry develops quickly that the production scale and amount has ranked first in the world. However, shortages which are caused by excessive pursuit of primary products and production expansion, backward development of further processing and low added value for products are appearing. What’s more, competition of fiberglass industry is fiercer and merger is more frequent during the future development. Thus the domestic outstanding fiberglass manufacturers pay more and more attention to the industry market research, especially the in-depth research of product consumers.

With Forward’s the long-term tracking and collecting market data of fiberglass industry, we roundly and accurately analyze the structure system for you from the view of mastering the whole industry. This report will base on the macro condition of current fiberglass industry, production and marketing condition, industry demand trend of auto industry, then detailed analyzes the current market capability, market scale, development speed and competitive landscape of China fiberglass industry.

This report mainly analyzes the following aspects: production and development of China fiberglass industry; current market environment and corporation competition of fiberglass industry; market demand characteristics of fiberglass industry; import and export market for fiberglass industry; competitive landscape and trend of fiberglass industry; market development status of major fiberglass product segmentation; leading corporations’ operation status in fiberglass market; development trend and prospect forecast of fiberglass industry. Meanwhile, together with the comprehensive and detailed market data which is accumulated for years, Forward helps you to grasp the market and development trends of fiberglass industry, so as to win advantages from competition!

Major characteristics of this report are forward-looking and timeliness. Base on the forward-looking analysis of massive research data, we further analyze the development scale and competitive landscape of fiberglass industry. Along with the industry development route and our practical experience, we analyze and predict the future development prospect of fiberglass industry. This report contains a high value for enterprises like fiberglass producing corporations, R&D institutions, sales corporations and investment corporations to accurately know the latest industry development trend, obtain market opportunities and determine an insightful operation strategy and development direction. In the meantime, it is the first heavy weight report to analyze the up/down-stream industry chain and industry leading corporations of fiberglass industry in an overall and systemic way.

Here, we’d like to express our sincere gratitude to National Bureau of Statistics of China, International Information Institute, General Administration of Customs, National Institute of the Ministry of Commerce, National Tsing Hua University Library, Institute of Market Economy of the State Council Development Research Center, and Beijing Qinghua Forward Market Research Center, etc. Thank you so much!

Notice: all the market data, especially the corporation list data in this report is only for business reference. Please don’t take the data for enterprise publicity. Thank you! Or Forward shall not take any responsibility for any consequences!

Qianzhan Business Information Co., Ltd. Industry Research Center
Research Team of Fiberglass Industry