Fiberglass Yarn is an inorganic non-metallic material with excellent performance. It has a wide variety of advantages, such as good insulation, strong heat resistance, good corrosion resistance, and high mechanical strength. Fiberglass Yarn is made of glass balls or waste glass through high-temperature melting, drawing, winding, weaving and other processes. The diameter of Fiberglass Yarn monofilament ranges from several microns to more than 20 microns, which is equivalent to one piece. 1/20-1/5 of the hair strands, each bundle of fiber strands consists of hundreds or even thousands of monofilaments. Fiberglass Yarn is usually used as a reinforcing material in composite materials, electrical insulation materials and thermal insulation materials, circuit substrates and other fields of the national economy. At present, in the global composite material industry, the use of Fiberglass Yarn accounts for 98.80% of the total use of reinforced materials.
In recent years, the production and demand of Fiberglass Yarn materials have continued to grow, and the composite material market in China, especially in Mainland China, has developed rapidly. Resin and Fiberglass Yarn continue to advance in technology, and the manufacturing capabilities of manufacturers have generally improved, making the price and cost of glass fiber reinforced composite materials accepted by many industries.
The development of my country's fiberglass industry relies too much on exports, and the dependence of domestic fiberglass companies on exports is close to 50%. Domestic downstream industries have insufficient consumption, and the output of fiberglass products and fiberglass reinforced composite industries is too weak compared to Fiberglass Yarn.
The Fiberglass Yarn industry research team of the Foresight Industry Research Institute believes that after years of development, my country's Fiberglass Yarn enterprises have achieved an upstream level of product quality, and the proportion of deep-processed products has increased year by year. At present, the gross profit margin of leading companies in China's Fiberglass Yarn industry is between 25-35%, which is significantly higher than the 10% gross profit margin of foreign giants. The world Fiberglass Yarn industry has been an oligopoly for a long time. As a new force, China, after an average annual growth rate of more than 20% in recent years, is expected to occupy more than 60% of the global Fiberglass Yarn market this year and become an international Fiberglass Yarn market The new oligarch on the world.
