Domestic wind power installed capacity continues to expand, and the market demand for wind power yarn continues to increase

The upstream of the wind power yarn industry chain is a raw material supplier, which mainly includes ore raw materials such as pyrophyllite, limestone, boronite, quartz sand and dolomite, and chemical raw materials such as nitric acid and soda ash; the midstream is a wind power yarn manufacturer, and its main products are non-woven products and textiles. Products, major companies include China Jushi, Owens Corning, Shandong Fiberglass, China National Building Materials, Changhai Co., Ltd., Sinoma Technology, Taishan Fiberglass, Chongqing International, etc.; the downstream is the application market, and wind power yarn is an electronic grade specially used in the wind power industry. Glass fiber, so the wind power field is the main application market of wind power yarn.

In recent years, with national policies strongly supporting the continuous development of the wind power field and domestic companies continuing to make breakthroughs in key technologies, domestic wind power yarn companies have gradually occupied more domestic market shares. The current domestic wind power yarn market has a high localization rate. At present, China Jushi is the company with the largest market share in the domestic wind power yarn market, with a market share of 38%, followed by Taishan Fiberglass and Chongqing International, accounting for 30% and 26% respectively. The three companies account for a total of 94% of the domestic market share. Industry concentration is high. Wind turbine yarn is a capital- and technology-intensive industry with high industry entry barriers. At present, the domestic wind turbine yarn market is relatively stable and the industry has good development prospects.

Industry Analysis personnel said that in recent years, with the continuous increase in domestic wind power installed capacity, the domestic wind power yarn market demand has continued to increase, and the industry The development prospects are good. At present, the development of the domestic wind power yarn industry is strongly supported by national policies. For example, in August 2021, the China Fiberglass Industry Association released the “14th Five-Year Plan for the Development of the Glass Fiber Industry”. The plan involves controlling the growth rate of domestic glass fiber production and improving energy consumption standards. , optimize product structure and other aspects. In the future, the domestic wind power yarn industry will continue to develop under the continued favorable policies, and the industry development prospects are broad. In the future, as the domestic dual-carbon goals continue to advance, the domestic market demand in the wind power field is expected to maintain a rapid growth trend. The penetration rate of the domestic wind power yarn market will continue to increase, and the industry has huge development potential.