Investment Rating - The report does not provide a specific investment rating for the ultra-white float glass industry Core Insights - The ultra-white float glass industry is driven by high-end market demand and green environmental practices, with significant applications in photovoltaic, construction, and automotive sectors. The industry's growth is supported by increasing environmental awareness and the rapid expansion of the photovoltaic market, which is expected to continue driving demand for ultra-white float glass products [3][4][9][10][18]. Industry Definition - Ultra-white float glass is characterized by high transparency and brightness, produced through a refined float process that minimizes impurities, particularly iron content, to achieve superior optical clarity. It is widely used in high-end buildings, automotive applications, electronic displays, and photovoltaic systems [5][7]. Industry Characteristics - The ultra-white float glass industry features high technical barriers, driven by market demand and increasing environmental consciousness. The production process requires precise control over raw material ratios and production techniques to ensure product quality [8][9][10]. Industry Development History - The ultra-white float glass industry has evolved through three stages: initial reliance on imports, rapid domestic production growth due to technological advancements, and a mature phase benefiting from national policies supporting renewable energy and carbon neutrality [11][12][14]. Industry Scale - The market size of the ultra-white float glass industry grew from 7.731 billion RMB in 2018 to 14.422 billion RMB in 2023, with a compound annual growth rate (CAGR) of 13.28%. It is projected to reach 21.308 billion RMB by 2028, with a CAGR of 8.12% [27][28]. Policy Analysis - Recent policies encourage the development of green manufacturing systems and the promotion of renewable energy, which directly impacts the ultra-white float glass industry by fostering sustainable production practices and enhancing market opportunities [33][35]. Competitive Landscape - The ultra-white float glass industry is characterized by high concentration and intense competition, with leading companies such as China Southern Glass and Fuyao Glass dominating the market. The competitive dynamics are influenced by technological advancements, production capacity, and the ability to innovate [36][37][38].
超白浮法玻璃行业:高端市场需求驱动,绿色环保为未来发展保驾护航 头豹词条报告系列
Tou Bao Yan Jiu Yuan·2024-06-12 12:30