Domestic Market Competition Is Fierce In Polyester Market.

< p > the recent market performance of polyester industrial yarn is eye-catching.

Based on the further change of market structure, the production capacity of China's polyester industrial yarn is about 1 million 300 thousand tons / year, accounting for about 60% of the world's polyester industrial production, ranking the first place in the world's polyester industrial yarn production.

At the same time, China's polyester industry silk industry is increasingly concentrated on 10 domestic production enterprises, making bargaining power greatly improved.

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< p > despite the obvious signs of a rebound in the industry, on the whole, there is still a trend of excess production capacity in the industrial yarn industry, coupled with the emergence of new capacity this year, and the price of products may be suppressed.

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< p > < strong > < a > href= > http://sjfzxm.com/news/index_f.asp > > /a > momentum is fast > /strong > /p >

< p > at present, the productivity of China's polyester industrial fiber is about 1 million 550 thousand tons. Compared with 2013, the production capacity increased by 200 thousand tons and 150 thousand tons of the ancient fiber road, and increased by about 350 thousand tons, of which, in 2013, the output increased by 140 thousand tons, and some of its capacity was released this year. The new 150 thousand ton capacity of the ancient fiber road was released at the end of March this year. The output is 300 thousand tons at the end of this year, and the total output of the country is 1 million 300 thousand ton to 1 million 350 thousand tons.

At present, China's construction projects are about 235 thousand tons, including 105 thousand tons of HMLS expansion.

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< p > with a view to the development in recent years, the output of polyester industrial yarn in China is increasing gradually, and the growth rate is quite large.

Polyester industrial yarn will continue to replace other high cost materials. Due to the good performance and low cost of polyester fiber, its new application area is increasing.

According to the statistics of China Chemical Fiber Industry Association, the average annual growth rate of polyester industrial yarn will exceed 10% in the next 5 years.

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< p > polyester industrial yarn has been developing new application fields in recent years with its outstanding cost performance advantages, and has developed new anti-collision isolation barriers, mountain protection nets and other new uses.

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< p > the main reason for the recovery of polyester industry yarn is that the scale of the industry is within the controllable range and the downstream application areas are expanding.

At the same time, polyester industry yarn is gradually replacing fiber, nylon, cotton and other fibers in some fields. There is still room for growth in industries such as geotextiles, construction, pportation, and rope belts. < a href= "http://sjfzxm.com/news/index_f.asp" > /a > annual growth rate is about 10%.

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< p > < strong > outstanding international competitiveness < /strong > < /p >

< p > China's polyester industrial yarn imports decreased by 13.2% over the same period last year, while exports increased by 15% year-on-year.

The production of polyester industrial yarn is actively expanding the international market, increasing export volume and easing the competitive pressure of domestic demand market.

The competitiveness of China's polyester industrial yarn in the international market needs to be strengthened, and export prices will go down.

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< p > polyester industry silk industry has basically completed the pfer of production base to China and the breakthrough of domestic mainstream enterprises in the international market. Last year, capacity accounted for nearly 60% of the world's total capacity.

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< p > in recent years, due to the continuous increase in production costs and the rapid expansion of China's capacity, especially in Europe and the United States, except for the capacity expansion of HMLS, most of the non tires are giving up expansion. Some companies even directly produce OEM from China.

At the same time, foreign customers' demand for high-end products and differentiated products is increasing. Especially in the automotive industry, such as seat belts, tire cord fabrics, airbags and other fields, high performance products will still be in short supply.

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< p > < strong > potential < a href= > http://sjfzxm.com/news/index_f.asp > superiority > /a > obviously < /strong > /p >.

< p > at present, domestic PTA manufacturers are actively carrying out the construction and expansion of PTA devices. At the same time, the huge potential for development of China's PTA market has attracted many foreign companies to invest and build factories. They have built PTA production facilities through joint ventures or wholly foreign-owned enterprises. However, the new PTA production capacity will face a series of challenges. Lack of stable supply of PX will be one of the main problems.

The supply of polyester raw materials is adequate in China, and the cost of raw materials is enough to support the production of polyester industrial filament. It is more clear that the development direction of polyester industrial yarn is to increase differential development.

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< p > the development of polyester industrial yarn enterprises has obvious advantages: first, the downstream application of polyester industrial yarn is very extensive, and the business cycle of industry is greatly influenced by macroeconomics.

The rapid expansion of the polyester industrial yarn industry has led to a continuous downturn in recent years. After the second quarter of 2013, the gross profit margin of the listed companies in the industry has stabilized and profitability has bottomed out.

At present, the market has bottomed out, and there is no room for further decline. The rise of business is closely related to the supply and demand of the market.

In the first quarter of 2014, the price of polyester industrial yarn showed a gradual upward trend.

Two, the expansion of capacity is coming to an end, and overseas demand is gradually improving.

The industry expanded earlier, and the growth rate of the industry's average annual expansion slowed down to less than 10% since 2012.

At present, the industry concentration is gradually improving, and the future demand of the industry is expected to remain above 10%, higher than the speed of capacity expansion, and the supply and demand situation will be improved.

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< p > < strong > differentiation has space < /strong > < /p >.

< p > polyester industrial yarn will still have room for growth in the future.

Domestic industrial textiles account for only 20% of the total, and there is still much room for growth beyond the level of more than 30% of developed countries.

Moreover, the demand for automotive polyester industrial yarn is better. The radial tire cord fabric will continue to grow faster than 10% in the future. The proportion of polyester airbag silk and polyester safety belt wire is still small, and the growth space is wide.

Polyester industry silk price performance is outstanding, new field will continue to expand, and in the future will gradually replace some fibers in some fields.

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< p > China's polyester industrial yarn enterprises have considerable competitiveness in the global polyester industry yarn industry. They are already in absolute superiority in the field of ordinary polyester industrial yarn, and also have a place in the field of differential polyester industrial yarn.

Experts suggest that domestic enterprises develop polyester industrial yarn, pay attention to product quality, develop and produce products that meet the needs of users, enhance the added value of products, strive to adapt to the global standards, and meet the domestic users' demand for high quality and special properties polyester industrial yarn.

With the encouragement and support of the national policy, the trend of the development of polyester industrial yarn products in the direction of differentiation and functional orientation is irreversible.

The future direction should lie in the research and development of high modulus low shrinkage silk, ultra-low shrinkage silk, wear-resistant silk, airbag silk, flame retardant silk, water repellent silk, anti core absorbing wire, activated wire, colored silk and so on.

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< p > although the production capacity of China's polyester industrial yarn has reached 60% of the world capacity, it is still short board in terms of application. Most of the fiber or the final product is still export-oriented. How to expand the downstream use is a problem that polyester industrial yarn manufacturers should pay attention to.

At the same time, the production equipment and technology of domestic polyester industrial yarn now rely on foreign buyers, and enterprises need to research and improve their products in order to get more benefits, and own their own polyester industrial yarn production line.

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