建筑玻璃行业研究：面向未来，探索建筑玻璃在美观、环保和可持续的需求演变 头豹词条报告系列

Industry Overview - The architectural glass industry is evolving towards low-emission, high-transparency, and energy-efficient products, driven by global emphasis on energy conservation and emission reduction [3] - The market demand for architectural glass is becoming increasingly diverse, ranging from ordinary transparent glass to various functional glasses [3] - The industry is influenced by sustainable development concepts, pushing it towards more environmentally friendly and sustainable directions [3] - The application penetration rate of energy-saving architectural glass, such as insulated glass, is expected to rise significantly in the future [3] Industry Classification - Architectural glass can be classified based on processing methods, including tempered glass, laminated glass, and air-insulated glass [5] - Tempered glass is widely used in high-safety standard places due to its strength and safety features [5] - Laminated glass is known for its safety, anti-theft, and sound insulation properties, making it suitable for various applications [5] - Air-insulated glass is used in projects requiring high thermal insulation performance [5] Industry Characteristics - Technological innovation and energy conservation are key drivers of the architectural glass industry [6] - Market demand is diversifying, with increasing requirements for performance, aesthetics, and additional functions [7] - The industry is increasingly influenced by sustainable development, focusing on reducing energy consumption and waste emissions [8] Industry Development History - The Chinese architectural glass industry has gone through three stages: the budding period (1955-1970), the rapid development period (1971-1994), and the mature period (1991-2024) [9][10][11][12] - The industry has achieved significant technological breakthroughs and product diversification, becoming the largest producer and consumer of architectural glass globally [12] Industry Chain Analysis - The upstream of the architectural glass industry relies on raw material suppliers, with soda ash and quartz sand being the main components [13][15] - The midstream involves the production of architectural glass, with significant growth in production scale and efficiency [17] - The downstream application is influenced by real estate development and renovation activities, with a shift towards old housing renovation providing new opportunities [14][19] Industry Scale - The architectural glass industry in China grew from RMB 209.819 billion in 2018 to RMB 245.519 billion in 2022, with a compound annual growth rate of 4.01% [21] - The market size is expected to grow from RMB 250.355 billion in 2023 to RMB 270.674 billion in 2027, with a compound annual growth rate of 1.97% [21] - Urbanization and the development of the construction market have driven the demand for architectural glass [21] - The renovation of old urban housing has significantly increased the demand for architectural glass [22] Policy Analysis - Policies such as the "14th Five-Year Plan for the Development of Raw Materials Industry" and the "14th Five-Year Plan for Building Energy Efficiency and Green Building Development" emphasize technological innovation, industrial upgrading, and green production in the architectural glass industry [25][27][29] - The "Cement and Glass Industry Capacity Replacement Implementation Measures" aim to optimize the industrial structure and promote industry transformation and upgrading [29] Competitive Landscape - The architectural glass industry in China is highly competitive, with a high market concentration [30] - Leading companies include CSG Holding, Xinyi Glass, and Kibing Group, which dominate the market with strong production capabilities and rich customer resources [30][31] - Companies like Xinyi Glass and CSG Holding have significant advantages in the production of high-quality LOW-E energy-saving glass [30][31] - The competitive landscape is shaped by the extensive industrial layout and revenue growth of some companies, such as Kibing Group [31] Company Analysis CSG Holding Co Ltd (000012) - CSG Holding is a leading company in the architectural glass industry, with a strong focus on technological innovation and high-quality products [34][37] - The company has a significant market share and is recognized for its high-quality float glass, which is widely used in large-scale engineering projects [37] Shandong Jinjing Science and Technology Co Ltd (600586) - Jinjing Technology has advanced production technology and equipment, enabling it to produce high-quality float glass [38][41] - The company has a strong brand reputation and has secured numerous landmark projects both domestically and internationally [41] Kibing Group (601636) - Kibing Group has a strong technical advantage and a well-established brand reputation in the architectural glass industry [42][46] - The company is committed to green manufacturing, which has earned it widespread market recognition [46]