The global glass fiber composites market will see strong growth in the next 5 years
In the next five years, the total consumption level of the global glass fiber reinforcements market is expected to grow strongly at an annual growth rate of 8.5%, and its market share is expected to reach $108 billion in 2022. At the same time, in the next five years, automotive firmware, architectural decoration, safety protection, aerospace, and liquid filtration will become the five key areas for the development of glass fiber composite materials, and their market share will account for 80% of the total strand fiberglass composite materials. %, and the products will show an overall high-end development trend.
From the perspective of regional distribution, the strengthening and transformation of infrastructure in Asia-Pacific and the Middle East has greatly increased the demand for glass fiber composite materials. At present, the Asian glass fiber composite material market accounts for 35% of the world's total output value of glass fiber composite materials. It is predicted that the Asian composite material market will grow by double digits in the next five years, and the output value will account for half of the world's total output value of composite materials. In addition, Asia's Fiberglass Composite Manufacturer is also growing at an average annual rate of 18%. 1 Automotive firmware market forecast: The global automotive glass fiber composite market is expected to grow to $4.3 billion in 2018, with a compound annual growth rate of 30% from 2018 to 2020. Among them, sales in Asia are expected to reach 1.3 billion US dollars.
Problems faced: At present, glass fiber composite automotive firmware foundries lack overall engineering experience, and have adapted to metal parts-based assembly lines. Considering risks and replacement costs, they are quite cautious about replacing equipment. In addition, the European Reimbursement Vehicle Law requires the improvement of vehicle recycling capacity, which will lead to large-scale multiaxial carbon fiber entering the industry. Prepreg fiberglass will still bring fierce competition.
The American Aerospace Industries Association predicts that the period from 2018 to 2022 will be a period of great interest in the global commercial and military aviation market, with growth in almost all aviation sectors. The association also expects military aviation sales to increase by $45.7 billion during this period, while civilian aircraft sales will increase to $102.5 billion, an increase of 3.8% year-on-year. Demand for textile glass fiber, glass fiber reinforced composites and carbon fiber composites will grow significantly.
Difficulties faced: As an important carrier material for manned aviation, the development of glass fiber composite materials faces two major technical difficulties, one is to reduce the damage to the human body caused by the space environment, and the other is to improve life-saving technology and safe return technology.
Enterprise trends: Portugal's Temp Group has launched the latest wind turbine blade named TE-copd. The blade adopts SE2020 glass roving 2400 tex from 3B Group in terms of reinforcing material, and adopts Fiberglass Multiaxial Fabric, C fabric and high-quality foam sandwich composite stacking, which not only solves the problem of traditional The problem of the weight of the process product, and at the same time, it has the new reinforcement characteristics of multi-directional force and multi-layer structure, and the root is embedded with iron parts, which meets the strength requirements of the product such as tensile, shear, and fatigue resistance, increasing the safety during product use.
The "2018 Water Treatment Pre-Control Report" pointed out that the sales of glass fiber composite materials for liquid filtration will reach 5.8 billion US dollars in 2018, and the European market will still dominate, while Asia will surpass the Americas and jump to second place.
Difficulties faced: Whether it is for civil or industrial use, how to obtain higher filtration efficiency, more detailed separation fields, and how to pass the stringent testing of regulatory agencies is a common problem faced by filter material companies.
Enterprise trends: The product developed by Lydall Company in the United States is a new generation of composite nanofiber filter material MSPP. The filter layer of MSPP is to sandwich the electrospun polyacrylonitrile nanofibers between two layers of karbonfiber to form a sandwich structure, which increases the chance of collision between Brownian motion particles and nanofibers, thereby improving the filtration efficiency. The filter layer of MSPP also contains a layer of compressed electrospun glass fibre mat containing silver nanoparticles, which makes it have good antibacterial effect. This product can be used in bag filter to achieve high-efficiency filtration level.