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FRP industry development prospects for the future
Writer:admin    Released:2019-10-16 09:39:31    Type:【L】【M】【S
FRP, also known as glass fiber reinforced plastic, refers to composite products made from glass fiber reinforced thermosetting resins. After more than 60 years of development, FRP has changed from a new type of material to a general-purpose material. In the competition with traditional materials (metal, stone, wood, concrete, etc.), the FRP industry has continued to grow and develop.

    First, the development characteristics

    1. Large-scale and integrated products: large-scale cooling towers, chimneys, wind turbine blades, large FRP boats, large-diameter sand-filled FRP pipes, etc., all reflect the large-scale characteristics of the FRP industry. The large-scale and integrated glass fiber reinforced plastic products are the needs of technological advancement in various fields in the industry, and are also one of the effective ways to improve production efficiency and quality and reduce costs of FRP products;

    2. Technology precision and quality stabilization: With the increasing competition in the market, customers have put forward higher requirements on the inherent quality requirements and surface processing of FRP products. It turns out that precision processing and stable quality FRP products are more Competitive advantage;

    3. High-speed production efficiency, large-scale production and low cost: These three factors are inevitable requirements for the survival and development of the FRP industry. Only by achieving high-speed, large-scale production and low cost can we better work with traditional materials. Competition can better popularize the application of FRP products and expand the FRP industry.

    Second, development opportunities

    In today's vigorous promotion of energy conservation and environmental protection, the FRP industry is facing a good opportunity for overall improvement and rapid development.

    In recent years, with the gradual improvement of the market economy, China's FRP industry has shown a momentum of leaps and bounds, with an annual growth rate of 3-4 times that of the national economy. At the same time, on the basis of the enhancement of the overall strength of domestic large-scale enterprises and some township and village enterprises and the continuous improvement of product technology content, some joint ventures have high starting points and advanced technology, which also enhance the overall level of China's FRP industry.

    Third, facing challenges

    At present, the development of the FRP industry faces two major challenges: raw material prices and strict regulations. The high price of raw materials is a major challenge for the FRP industry. The rise in oil prices and the rate of economic growth exceed the investment rate of raw materials and equipment, making the main raw materials used for resin production limited, so that price growth throughout the value chain, resulting in reduced gross profit and reduced demand, resulting in a significant impact on the profitability of the entire value chain.

    The increasingly strict rules and regulations are another major challenge facing the FRP industry. The government is paying more and more attention to safety, health and environmental construction. Increases in media coverage and increased public awareness have led to increased production costs, reduced gross margins, or reduced competitiveness, which has greatly affected yields.
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