Industrial chain of fiberglass materials

The upstream is made of ores and chemical raw materials, the midstream industry is stable and highly concentrated, the downstream is widely used, and the proportion of a single industry is not large.
The upstream industries of the glass fiber industry chain involve mining, chemicals, and energy, while the downstream industries involve traditional industrial fields such as building materials, electronic appliances, rail transportation, petrochemicals, and automobile manufacturing, as well as aerospace, wind power, filtration and dust removal, environmental engineering, and ocean engineering. Emerging areas. Among them, fiberglass products and fiberglass composite materials are at the back end, that is, the end of application in specific fields. Products include various fiberglass fabrics and fiberglass non-woven products. Fiberglass composite materials are made from deep processing of fiberglass products, mainly including CCL (copper clad laminate), insulation materials, impregnated coating products, FRSP (thermosetting reinforced plastic products), FRTP (thermoplastic reinforced plastic products), reinforced building materials and other composite materials. Board/Sheet. ·
Fiberglass upstream: including mineral raw materials such as limestone, quartz sand, pyrophyllite, boronite, boronite, and dolomite, as well as chemical raw materials such as sizing agents, soda ash, and boric acid. Most of the ores and chemical raw materials are self-sufficient domestically. ·
Glass fiber midstream: high concentration at home and abroad. Globally, the six major manufacturers, China Jushi, US OC, Japan's NEG, Taishan Fiberglass, Chongqing International, and US JM, account for nearly 75% of global production capacity. Domestically, China's Jushi will account for the largest share of 32% as of 2023, followed by Taishan Fiberglass and Chongqing International, which will account for 16% and 15% respectively. Shandong Fiberglass, Xingtai Jinniu, and Jiangsu Changhai accounted for smaller proportions, accounting for 6%, 4%, and 3% respectively. ·
Glass fiber downstream: widely used, mainly used in construction and building materials, followed by electronics and electrical, transportation, pipelines, industry, new energy and environmental protection account for a smaller share, respectively 34%, 21%, 16%, 12%, 10% and 7%. The growth rate of downstream demand is related to GDP growth rate and remains between 5-10%.