Fiberglass has already formed an oligopoly situation

In recent years, the glass fiber industry expansion is slow. In the glass fiber industry chain, fiberglass production and supply market fundamentals in the oligopoly structure. Currently, OC (United States Owens Corning), Sincere long-term, Chongqing International, PPG, Taishan Fiberglass, Johns-Manville company and so on. This six companies account for more than 80% of the global glass fiber production capacity. As the wide range of applications of the fiberglass products and fiberglass composite materials, and variety of different specifications, large numbers of producers in worldwide. Each company developing products based on market demand. It has formed a fully competition situation.

Currently, fiberglass chopped strand mat products and composite materials in the field of large-scale manufacturers are OC, PPG, Johns-Manville and Ahlstrom in Finland. In recent years, Because of the foreign glass productions haven’t any cost advantage, and there aren’t any new pool kiln production; our glass industry influenced by national industrial structural adjustment policies. We have to eliminate backward fiberglass production technology, and the size of the new furnaces and process should be put a higher demand, It lead to a reduction in the supply of fiberglass. Overall, in recent two years, Our domestic glass industry has a slowly expansion. The fiberglass production capacity in 2013 is about 3.3 million ton. It’s include the furnaces Deliverability 3000000 ton. Compared to 2012 there is a small increment, there will be an annual capacity growth in 2014 that will remain low level. Domestically, Jushi Group, Chongqing International, Taishan Fiberglass. This three fiberglass enterprises accounted for 64% of the total capacity of the tank furnaces method, the industry was oligopolistic structure.