It is understood that glass fiber is an ideal substitute material for metal materials. With the rapid development of market economy, glass fiber has become an indispensable raw material for industries such as construction, transportation, electronics, electrical, chemical, metallurgy, environmental protection, and national defense. Therefore, Glass fiber has received increasing attention.
The global fiberglass production and consumption countries are mainly developed countries and regions such as the United States, Europe, Japan, etc., and their per capita glass fiber consumption is relatively high. Europe is still the region with the largest consumption of glass fiber, accounting for 35% of the total global use.
The rapid development of China's glass fiber industry in recent years has driven the domestic and foreign markets. The expansion of the international market has both the factors of total demand growth and the development space left by domestic enterprises in the international market after the international enterprises have withdrawn from the industry due to lower profit margins. The China Glass (600176) industry and enterprises have just grasped this historical opportunity and achieved rapid development.
After more than 50 years of development, the domestic glass fiber industry has become quite large, and a number of strong strengths such as the Jushi Group have emerged. Excellent enterprises with competitiveness, in which Jushi Group achieved a new breakthrough in the production of Chinese glass fiber industry in 2008.
