The market scale of Chinas glass industry exceeds 100 billion

What is the future development trend of the glass industry?

As an important basic material, with technological innovation and product development, glass has more and more application fields, and downstream industries have higher and higher requirements for its performance, function, composition and manufacturing technology.

, Multifunctionalization, nanometerization, intelligence, and compositeization have become the main development trends of glass products. The endless glass series including electric/photochromic glass, self-cleaning glass, information industry glass, photovoltaic glass, etc. reflect people’s more The desire for a convenient life.

Glass is an amorphous inorganic non-metallic material, generally made of a variety of inorganic minerals (such as quartz sand, borax, boric acid, barite, barium carbonate, limestone, feldspar, soda ash, etc.) as the main raw material, and a small amount of auxiliary raw materials are added. of. Its main components are silicon dioxide and other oxides.

At present, the market concentration of my country's glass industry is not high, and there is still room for improvement in the market share of high-quality companies. At present, the market concentration of the glass industry is still low. The concentration of the top ten companies is only about 56.09%. We believe that in the medium and long term, Environmental protection, quality improvement, production capacity replacement, and product technology level improvement will become the driving forces to promote industry concentration.

From January to December 2019, a total of 926.7 million weight boxes of flat glass were produced nationwide, a year-on-year increase of 6.6%. The promotion of the "removal of non-standard" action of flat glass can effectively reduce the output of flat glass on the one hand and help alleviate the contradiction between supply and demand in the market. The overall high-quality development of the industry. The fundamental reason for the existence of non-standard products in the past years is that the association does not have law enforcement powers and can only call on enterprises to exercise self-discipline. Unlike the past, breakthroughs have been made in the “removal of non-standard products” this year. The Development and Reform Commission and the Market Supervision Administration will intervene in glass In the "removal to non-standard" action, the joint associations carry out work, and companies that do not implement national standards to produce non-standard products will face punishment. At present, the output of non-standard products accounts for about 20% of the total output of flat glass. If the production is produced according to the specified tolerances of the standard, the output will be reduced by about 5%.

The market scale of China's glass industry exceeds 100 billion yuan, and the glass manufacturing industry is a pure midstream processing and manufacturing industry. Glass market analysis pointed out that due to the high degree of homogeneity of the original glass, the profitability of a company depends on the difference between its own processing cost and the marginal cost of the industry. Fuel cost is the core variable that causes relative profitability among companies.

This report combines the operating environment of the glass market, upstream raw materials, supply-demand relations, production, demand, import and export price trends, and corporate market competition patterns to make a comprehensive analysis to minimize customer investment risks and operating costs, seize investment opportunities, and improve corporate Competitiveness.