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    Chemical Fiber Industry Depth Adjustment Market Improvement Or Still Need 35 Years.

    2016/1/2 16:05:00 33

    Chemical Fiber IndustryDepth AdjustmentIndustry Trend

    2015 is another year of deep adjustment in the chemical fiber industry.

    The chemical fiber industry has entered the "three phase superposition" stage of supply and demand rebalancing, stock capacity optimization and adjustment period and high quality increment moderate development stage. This is a "new normal".

    This depth adjustment is mainly reflected in three aspects: first, phased adjustment and phased, structural overcapacity; two, the industry cycle law gradually weakened; three, from seller's market to buyer's market.

    As a whole, during the "13th Five-Year" period, the whole industry must shift from focusing on "hard power" to "soft power" that pays more attention to resources, channels, technologies, brands, services, market influence and so on. We should focus on specialization, refinement, differentiation and service, and strive to cultivate new competitive advantages with scientific and technological innovation, brand promotion, green ecology and international development as the core so as to achieve sustainable development.

    This round of adjustment cycle began at the end of 2011.

    In the first half of "fifteen", "11th Five-Year" and "12th Five-Year", China's chemical fiber industry is developing at an extraordinary rate. The rapid growth of production capacity is an important driving force.

    But since the current round of adjustment cycle, one of the most obvious manifestations is that the demand growth rate of chemical fiber industry has obviously slowed down.

    In 2012, the output of China's chemical fiber industry was 38 million 373 thousand and 700 tons, up 14.13% compared to the same period last year, showing the result of the expansion of productivity inertia.

    In 2013, the output reached 41 million 219 thousand and 400 tons, a year-on-year growth rate dropped to 7.9%, down 6.23 percentage points over the same period.

    In 2014, China's chemical fiber production was 43 million 900 thousand tons, the growth rate fell further to 5.5% year-on-year, down 2.4 percentage points over the same period last year.

    2015 1~10 months, China

    Chemical fiber output

    39 million 684 thousand and 200 tons, an increase of 11.84% over the same period, of which polyester production was 32 million 214 thousand tons, an increase of 12.96% over the same period last year.

    Although the industry operation data in 1~10 months have improved, but in the fierce market.

    compete

    In the "fight" in the more common sense of the enterprise, the downstream weaving and use of the demand continues to be depressed, business starts down, the main chemical fiber varieties are in a continuous price drop.

    The whole industry has eliminated backward production capacity and has greater pressure on production capacity. The industry is struggling to survive and seek development in the predicament. The whole sector is hardly optimistic, and there is still no sign of obvious improvement.

    The relatively optimistic expectation is that the market will improve around 2017, and the more pessimistic expectation is that the adjustment time may continue until around 2020.

    President of China Chemical Fiber Industry Association

    End Xiaoping

    It is pointed out that the most prominent feature of the "new normal" is that the chemical fiber industry has been driven by scale for a long time. It has been difficult to continue to rely on capacity development, production and cost allocation. Enterprises are increasingly aware of the importance of survival and development.

    In the face of the "new normal", the industry has entered a period of slow growth. The era of meager profits has come and competition among enterprises has intensified.

    As a response, China's chemical fiber industry must accelerate the pformation of its development mode. It should pay more attention to solving the industry problems with innovation and vitality, upgrading the quality and efficiency of the industry, promoting industrial upgrading, resolving the problem of production capacity by innovating vitality, resolving the rising labor cost and so on, controlling the increase, optimizing the stock, expanding the application, and jointly developing the production mode, driving the pformation of the production mode with the new characteristics of demand, giving full play to the integrated advantages of the complete textile industrial chain, carrying out the cross industry chain cooperation, integrating the upstream and downstream joint development products, and jointly developing the market.


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