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Fiberglass mesh is a neatly woven, crisscross pattern of fiberglass thread that is used to create new products such as tape and filters. When it is used as a filter, it is not uncommon for the manufacturer to spray a PVC coating to make it stronger and last longer. As a filtering system, alkali resistant fiberglass mesh works really well. As the water flows through it, the mesh catches even the smallest impurities. In addition to this use, it can also be used as a mosquito net.
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First, as for the global Fiber Glass Mesh industry, the industry structure is highly dispersed. The top 5 manufacturers have 26.22% sales revenue market share in 2016. The Jiangxi Dahua Fiberglass Group which has 5.68% market share in 2016, is the leader in the Fiber Glass Mesh industry. The manufacturers following Zodiac are Jiangsu Jiuding New Material and Luobian, which respectively has 5.49% and 5.24% market share globally. Second, the global consumption of Fiber Glass Mesh products rises up from 1447 M Sqm in 2012 to 1710 M Sqm in 2016, with a compound annual growth rate of 4.11%. At the same time, the revenue of world Fiber Glass Mesh sales market has a leap from 391.35 M dollars to 453.99 M dollars. The reason causes this increase is the growing demand for the Fiber Glass Mesh products, which is the result of the spurring needs of construction industry and emerging markets. Third, as for the Europe Fiber Glass Mesh market, it will still show optimistic trend, and technological trends in the market will shift dramatically. Although the production of this region is small, most of the producer is famous for their high quality products, such as Adfors, Valmiera Glass.
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According to QYResearch, In 2010, GlassFibreEurope had alleged that Chinese companies Chongqing Polycomp International Corp., Jushi Group and New Changhai Group dumped large, unfairly priced quantities of fiberglass rovings, chopped strands, yarns and mats into the European market in recent years. At the same time, EU start anti-dumping investigation of glass fiber mesh fabric originating in China. Major exporters of Fiber Glass Mesh in such as Yuyao Mingda Fiberglass Co. Ltd, Grand Composite, Jiangsu Tianyu Fibre Co. Ltd were get involved. This event has dealt a heavy blow to China's fiberglass mesh industry. Five years later, In the active cooperation of China Glass Fiber Industry Association, China Composites Industry Association, Ningbo City Council, the Ningbo glass fiber enterprises invited Jiangsu, Shandong and other places 16 large glass enterprises came to Ningbo, the EU glass fiber grid Fabric anti dumping case review investigation of the matter to reach a consensus. Due to the low industry access threshold, there are many producers in Shandong, Hebei, Zhejiang, Jiangsu and other places of China with large capacity and very cheap price. They produce poor quality of glass fiber mesh, this phenomenon disrupts the healthy development of the industry, after the past few years of difficult period, and the industry in China will usher in a more orderly competitive situation. www.qyresearchglobal.com
Fourth, market growth for Fiber Glass Mesh is expected to growth at a CAGR of 3.81% from 2017-2022, reaching 547.23 million USD by 2022. Finally, considering the low profit margin of this field, although sales of Fiber Glass Mesh products bring a lot of opportunities, the study group recommends the new entrants who just have money but without stable customer and market resources, raw materials advantage, do not enter into the Fiber Glass Mesh field hastily.
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