The trend and development prospects of fiberglass pipe industry depend on the industry trend of fiberglass itself. Today, through the macro analysis of fiberglass pipe industry.
Glass fiber is a very good substitute for metal materials. With the rapid development of market economy, glass fiber has become an indispensable raw material for construction, transportation, electronics, electrical, chemical, metallurgical, environmental protection, national defense and other industries. Because of its wide application in many fields, glass fibers have attracted more and more attention. The major countries of glass fiber production and consumption in the world are mainly developed countries such as the United States, Europe and Japan, whose per capita glass fiber consumption is relatively high. Europe is still the largest consumer of fiberglass, accounting for 35% of the world's total consumption.
After years of development, the quality of glass fibre products in China has reached the upstream level, and the proportion of deep-processed products has increased year by year. The world fiberglass industry has been an oligopoly for a long time. As a new force, China is expected to occupy more than 60% of the world's fiberglass market and become a new oligopoly in the international fiberglass market after an average annual growth rate of more than 20% in recent years.
The rapid development of China's glass fiber industry in recent years is driven by the domestic and foreign markets. The expansion of the international market not only results from the growth of aggregate demand, but also from the rapid development of the downstream consumer industry after the international enterprises withdrew from the industry due to the low profit margin. After more than 50 years of development, glass fibers in China have taken on a considerable scale.
Fiberglass products are widely used in various fields of the national economy, among which electronics, transportation and construction are the three main application areas, and also represent the development trend of the world's fiberglass industry in the next few years.