Glass fiber chopped strand mat high-tech market focus areas, mainly in the following three areas: aviation, wind power and energy, yachts.
According to related reports, the composite materials consumed by the aviation industry around the world reached 210,000 tons in 2008. In the United States, the famous growth consulting company, Frost & Sullivan, published a research report on the global aviation polymer-based composite materials industry in 2009. The report believes that with the development of the global aviation industry, the polymer-based composite materials market is expected to be in 2014. It still maintained double-digit growth years ago. It is predicted that from 2008 to 2014, the use of composite materials in the global aviation industry will increase by 11% per year, of which glass fiber chopped strand mats account for a very high proportion.
Energy and power: Wind energy, the global wind power capacity reached 159,213MW in 2009 and 38,312MW in 2009. The annual growth rate of wind power has reached the highest 31.7% since 2001. By the end of 2009, global wind power generation was 340 trillion watt-hours/year, equivalent to the total electricity demand of Italy, the world's seventh-largest gingham economy, and equivalent to 2% of global electricity consumption. China continues its locomotive role in the international wind power industry, adding 13800 MW in 2009. In order to increase the largest market for wind turbines, its installed capacity for the fourth consecutive year has doubled. It is predicted that China's wind energy will increase by 15,000 MW in 2010. Flue gas desulfurization, thermal power generation accounts for more than half of the global power generation, so coal will remain the main fuel for at least the next few decades. All thermal power plants will eventually have a scrubber and desulfurization system, and FRP is the most cost-effective material in this application. The future investment of FGD (Fume Desulfurization) is mainly in Asia, not the United States and Europe. China will become the largest market for FGD systems, accounting for more than 40% of the world total.
The last area of ​​concern is the yacht. The number of yachts in the world is about 18 million. The total number of yachts registered and used in the United States has reached 12 million. At present, the annual production of various types of yachts in various countries around the world is about 900,000. With the improvement of the global economic situation, the migration of foreign-funded yacht companies to the mainland and the needs of China's high-income class, as well as the planning and construction of yacht facilities in Hainan International Tourism Island and coastal developed areas, China's yacht industry will have a big development in the next few years. China has become the world's largest producer of fiberglass. It is expected that the demand for fiberglass will soon surpass that of the United States, and it is becoming the largest market for demand and application of the global fiberglass industry, which is the world's top fiberglass companies. The main reason for focusing on the Asian market. With the revitalization plan of the relevant industries in the country and the investment in the infrastructure of short-cut felts, for the FRP/composite industry, the construction industry and the transportation industry are the largest application areas for glass fiber consumption, and at the same time, new energy and electric power industries. The demand for fiberglass will also continue to grow. Glass fiber reinforced thermoplastic composites are getting more and more attention, and the FRTP market is expected to grow substantially in recent years. According to the development of China's FRP/composite industry, it is expected that the demand for glass fiber will increase by double digits every year.