In the blink of an eye, 2020 is coming to an end. Since the second half of this year, although the global economy is still in a period of deep recovery and adjustment, the textile industry has gradually shown signs of recovery. In the chemical fiber industry, although affected by the economic environment, the market demand in the industry was generally weak in the first half of the year. In the face of many unfavorable factors, chemical fiber companies are still seeking breakthroughs amid difficulties.
On October 20, the 2020 China Petroleum and Chemical Enterprises Top 500 Ranking was released, taking into account domestic Recent performance and achievements of large Chinese petrochemical companies. It is worth noting that 36 chemical fiber-related companies were shortlisted. Zhejiang Hengyi Group Co., Ltd., Zhejiang Rongsheng Holding Group Co., Ltd., and China Pingmei Shenma Energy Group Co., Ltd. entered the top ten on the list.
2020 China Petroleum and Chemical Enterprises Top 500 Ranking (Chemical Fiber Related Enterprises):
Nearly all new production capacity in the next two years will come from industry leaders!
In the upstream of the textile industry chain, the concentration of leading chemical fiber companies is gradually increasing, and their influence on the entire industry chain is also growing. The market shares of the top five companies in the polyester yarn industry in the next two years. Almost all of the new production capacity in the next two years will come from these industry leaders.
In the next two years, the polyester yarn industry will add a total of 7.77 million tons of new production capacity, and the top five manufacturers in the industry alone will contribute 6.4 million tons of additional production capacity.
China’s polyester yarn production capacity pattern in 2020
With the increase in industry concentration, the share of Leading chemical fiber companies with head resources undoubtedly have advantages. This is a reshuffle period for the chemical fiber industry. It is also a painful road for industrial transformation and upgrading. It is also a life-or-death disaster for small and medium-sized chemical fiber companies.
Leading companies have more standardized management, introduced more advanced equipment, invested more in research and development, and had huge capital support… making them in this industry Take the lead in the arms race.
And those small chemical fiber companies with low production efficiency and weak competitiveness are in danger of being swallowed up by “big fish”. Therefore, for small and medium-sized chemical fiber companies, it is necessary to comply with the general trend of industrial transformation and upgrading. , Rapidly improving the core competitiveness of an enterprise is the key.
Where are the opportunities for small and medium-sized chemical fiber companies in the future?
For chemical fiber companies, the home textile industry deserves special attention. The home textile industry has always been its main back-end market. If a chemical fiber factory does not pay attention to the home textile industry, it may lose many market opportunities.
According to data released by relevant industry agencies, the annual fiber consumption of the national home textile industry is approximately 15 million tons. Excluding the fiber used in some fillers, the annual yarn consumption is approximately 12 million tons. For the spinning industry, this is a huge market demand.
Although the home textile market has experienced ups and downs in the past thirty years, it has generally shown a trend of rapid growth. The main reasons are: First, compared with the clothing industry, it started relatively late. Second, it is driven by the upgrading of global consumption, especially in China. After the Chinese people’s demand for clothing has been basically satisfied, the demand for bedding, home decoration and other areas that were not valued in the past has increased significantly.
Thirty years ago, many families only had 2 to 3 bed sheets throughout the year. Quilt covers, bed covers, pillowcases and other bedding sets, tablecloths, and seat cushions were all rare. Luxury. Thirty years later, it has become a must-have for a household to replace different series of bedding products in spring, summer, autumn and winter.
The development of the real estate market has also greatly promoted the development of the home textile industry. Moving to a new home is closely related to the complete update of home textiles. Even in the field of pure cotton yarns, the demand for high-count yarns and Siro compact yarns has increased significantly. In the field of new fibers, Lenzing Tencel® and Lyocell fibers are widely used, as well as hemp, flax, bamboo fiber, natural colored cotton, and functional fibers. They have also appeared in home textile products. It provides more opportunities for spinning enterprises. Therefore, if a chemical fiber factory does not pay attention to the customers of home textile enterprises, it will lose a lot of market opportunities.
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