There are six major manufacturers in the global glass fiber industry: Jushi Group Co., Ltd., Chongqing International Composite Materials Co., Ltd. and Taishan Glass Fiber Co., Ltd., as well as Owens Corning-Vitox Company (OCV), PPG Industrial Company and John Mainville Company (JM) of the United States. At present, these six companies account for about 73% of the global glass fiber production capacity. The whole industry is characterized by oligopoly. According to the production capacity ratio of enterprises in various countries, China will account for about 60% of the global glass fiber production capacity in 20 19.
Competition pattern of global glass fiber enterprises
Global glass fiber yarn production capacity enterprises have high concentration. The initial investment of glass fiber yarn production and construction tank kiln is large, and the payback period is long. A large number of small and medium-sized enterprises are blocked out, and the concentration of glass fiber yarn industry is rapidly increasing. According to the production capacity structure in 20 19 years, China Jushi accounts for 20.43% of global glass fiber enterprises, Taishan Glass Fiber and Chongqing International both account for 10.22%, OCV accounts for 13.73%, NEG accounts for 7.95% and JM accounts for 8.74%.
Regional Distribution of Fiber Industry in china glass
China's glass fiber production enterprises are mainly concentrated in Zhejiang, Shandong, Sichuan, Chongqing and other places, with strong cluster effect. However, from the sales point of view, glass fiber is widely used in local economic development because of its excellent performance, and it is not regional.
The Competition Pattern of Fiber Enterprises in china glass
China glass fiber industry has a high concentration of enterprises, and leading enterprises such as China Jushi, Taishan Glass Fiber and Chongqing International occupy most of the production capacity of China glass fiber industry. Among them, China Jushi has the highest glass fiber production capacity, about 34%. Taishan Glass Fiber (17%) and Chongqing International (17%) followed closely. These three enterprises account for nearly 70% of the production capacity of china glass fiber industry.
Market competition trend forecast
China's glass fiber industry has high concentration of front-end products, low concentration of back-end primary processing and deep processing, and scattered market. In the future, glass fiber enterprises will extend from front-end products business to back-end products business, and continue to expand production capacity, or enterprises will appropriately extend from middle-end products business to front-end products business in order to improve their competitiveness. The fiber industry in china glass is still in a rapid development stage, and the competition in the glass fiber industry, especially in the back-end products and composite materials business, will be more intense in the future.