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Demand for glass deep processing products or will continue to improve

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There are nearly one thousand sub-varieties of glass deep-processed products. Our country has formed a complete category of deep-processing glass systems. It is estimated that the output value from

There are nearly one thousand sub-varieties of glass deep-processed products. Our country has formed a complete category of deep-processing glass systems. It is estimated that the output value from 2015 to 2019 will maintain the compound annual growth rate of 3.7%.

Float process output value accounted for more than 80% of China's total output value of flat glass, resulting in the float glass and some of the original flat glass generally oversupply situation, and structural excess characteristics of significant. General structural excess glass, high-end products to ensure that inadequate. In order to cope with the problem of excess structural occupancy of flat glass in our country, the guidance of the General Office of the State Council on Promoting the Steady Increase of Domestic Building Materials Industry and Increasing the Benefit from Structural Reform pointed out that by 2020, a batch of flat glass production capacity and capacity utilization rate will be reduced To a reasonable range; flat glass output value of the top 10 companies produce concentration of about 60%. According to the work done by the Ministry of Industry and Information Technology and the Ministry of Finance of China on the completion of the Glass and Industrial Glass Association, "the study on planning and planning for the phase-out and over-capacity reduction of flat glass occupations in the 13th Five-Year Plan" for flat glass occupies 85% -90% of the reasonable utilization of flat glass. . Therefore, "13th Five-Year" period mall "reduction" feature will be more pronounced.

Float glass original film is mainly used for processing into various types of glass deep-processing products, glass deep-processing products are widely used in a wide range of areas, including construction, decoration and other areas, downstream mall needs and macroeconomic development, China's urbanization rate and fixed The increase of capital contribution is closely related. In recent years, all the objectives of our country have consistently maintained a steady increase, which has ensured the demand for glass deep-processing professional shopping malls.

Its added value is generally higher than the original piece of glass, during which float glass for the bulk of the original piece of information, the production process is relatively simple, the mall is more transparent prices, the difference in the factory price is small, the difference between the different companies mainly reflected in the gross profit margin Scale and internal management; and different companies deep processing glass gross margin and price difference is larger, mainly due to more varieties of glass deep processing, different varieties of deep processing of glass thickness, processing technology, quality requirements, the degree of compound, etc. Larger.

Float glass deep processing of downstream products mainly in the construction, decoration and decoration of home and office occupations, China's macroeconomic growth and urbanization rate of progress, led to an increase of capital contribution to fixed assets, and then increased the demand for glass deep-processing products.

It is estimated that the compound annual growth rate of China's fixed assets investment will still be as high as 12.6% between 2015 and 2019. China's urbanization rate increased from 49.7% in 2010 to 53.7% in 2014 and is expected to reach 59% by 2019. According to the National Bureau of Statistics of China, the urbanization rate in 2016 reached 57.35%. With the continuous improvement of people's living standards and the acceleration of urbanization, the demand for glass deep-processing products will continue to increase.