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New glass lits the future of glass industry

September 22, 2022
The prosperity of my country's flat glass industry will remain high, and the industry's profitability will decline. Similar to the logic of cement, glass demand will remain strong. Unlike cement, the capacity expansion stimulated by the industry is more important, while the lagging capacity is not as good as the cement industry. The future supply situation is more worrying. Industry profitability is at an all-time high and risks are reduced.

After 2010, the new energy-saving building materials industry will enter an era of substantial high 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 period and technology accumulation required to develop widely applicable clean energy, we believe that in the current situation, energy saving is a more realistic path. With the intensification of the implementation of the national energy-saving and emission-reduction policy, 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 industry-leading companies with dominant positions in production capacity and market share and certain monopoly advantages will be the biggest beneficiaries of the rapid growth and development of the industry. will also break through.

Energy saving, emission reduction and low-carbon economy have become an unavoidable topic, and even the focus of future economic development. With the elimination of outdated production capacity, the restructuring of the glass industry is expected to occur. It is foreseeable that no matter how the glass industry is integrated, new energy sources such as solar energy will be a direction for the glass industry.

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

The development of emerging sunrise industries such as information industry and photovoltaic industry has expanded a broad market space for new 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 are also faced with challenges such as developing forward-looking technological innovation, developing new products, realizing industrialization, and breaking foreign technological monopoly.
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Mr. Jarek Yang

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