Current problems and challenges in the fiberglass industry?

The pressure brought by the overall economic downturn on the fiberglass industry is mainly that the phased supply growth rate exceeds the demand growth rate, and the demand lacks a large incremental point. On the surface, increasing production capacity will lead to increased competitiveness, but simple and extensive scale expansion is an ineffective expansion and will lead to higher costs.

Low-end backward and counterfeit production capacity such as fiberglass clay and crucible wire drawing need to be further eliminated, and there is still room for optimization on the supply side of fiberglass.