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New glass holds up the glass industry tomorrow

December 27, 2022
The prosperity of the flat home decor glassware industry in China will remain high, and the profitability of the industry will fall. Similar to cement's logic, glass demand will remain strong. Unlike cement, the expansion of production capacity under the stimulus of the industry is even more impor- tant, while the lagging production capacity is less than that of the cement industry. The future supply situation is even more worrying. The profitability of the industry is at a historically high level and risks are reduced. The prosperity of China's flat glass industry will remain high, and the profitability of the industry will decline. Similar to the logic of cement, glass demand will remain strong. Unlike cement, it is more important to expand production capacity under the stimulation of the industry, while the backward production capacity is less than that of the cement industry. The future supply situation is more worrying. The profitability of the industry is at a historical high level, and the risk is reduced.

After 2010, the new energy-saving building materials industry will enter an era of substantial growth. The Chinese government first proposed quantitative emission reduction targets at the Copenhagen Climate Summit, which means that China has truly entered the era of energy conservation and emission reduction. Compared with the time cycle and technology accumulation required to develop widely used clean energy, we believe that energy conservation is a more realistic way under the current situation. With the strengthening of the implementation of the national energy conservation and emission reduction policies, we are optimistic about the development of the new energy-saving building materials industry in the next 10 years.

In terms of new building materials, we believe that leading companies in the industry, which play a leading role in terms of production capacity and market share, have certain monopoly advantages, will be the biggest beneficiaries of rapid growth in the industry, and will make breakthroughs in development.

New mouthblown glass will be the development direction of energy conservation, emission reduction and low-carbon economy. This is already a topic that cannot be circumvented, and it is also the focus of future economic development. With the elimination of backward production capacity, the restructuring of the glass industry is expected to take place. It can be predicted that no matter how the glass industry is integrated, solar energy and other new energy will be a direction of the glass industry.

In an interview, the reporter learned that the leading companies in the domestic glass industry have begun to use new energy and develop new energy-saving products. The reporter learned from Jinjing Group that the super white glass production line of Jinjing (Group) Co., Ltd. recently produced a super large flat glass with a single area of 49.5 square meters, creating the largest single float glass area in the world.

The development of emerging sunrise industries such as information industry and photovoltaic industry has expanded a broad market space for new glass. The insiders suggested that the glass industry should seize the opportunity to provide basic material support for the rapid development of these industries. At the same time, there is still a gap between domestic enterprises and international advanced level, and they are also facing challenges such as developing forward-looking technological innovation, developing new products, realizing industrialization, and breaking foreign technology monopoly.
The development of the emerging sunrise industries such as the information industry and the photovoltaic industry has expanded the broad market space for new types of glass. Industry insiders suggest that the glass industry should seize the opportunity to provide basic material support for the rapid development of these industries. At the same time, there is still a gap between domestic enterprises and the international advanced level, and they also face the challenges of developing forward-looking technology innovation, developing new products, realizing industrialization, and breaking the foreign technology monopoly.
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Author:

Mr. Jarek Yang

Phone/WhatsApp:

+8618602910527

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