2017 China's industrial textiles industry to continue to deepen the reform of the structure of the supply side, through technical innovation and refinement of management to ensure sustained and stable development of the industry, fixed asset investment continued to maintain rapid growth, operational quality and efficiency to maintain a good level of exports in recent years reversed The situation of low speed growth and even decline. Due to the fluctuation of the prices of major fiber raw materials and the rapid growth of effective supply of some products, the profitability of the industry decreased slightly compared with the same period of last year. The growth rate of industrial added value fell back to 4.0%, and the growth rate of total profit in some areas declined.
I. Overall situation of the industry in 2017
(1) The growth rate of production has dropped
Since the "Twelfth Five-Year Plan" period, China's industrial textile industry has maintained rapid growth in production. The total fiber processing has increased from 9.1 million tons in 2011 to 14.5 million tons in 2016, with an average annual growth rate of 8.1%, making it the world's largest. Industrial textile producing, trading and consumer countries. The rapid growth of China's industrial textiles is mainly due to the construction of infrastructure such as high-speed rail, highways and water conservancy in China, the increasingly strict environmental protection policy, the improvement of people's living standards and the improvement of medical and health standards. In 2017, China's economic structure accelerated, and the industrial textile industry faced a more complicated development environment. The growth rate of production fell back to 4.00%, and the total fiber processing volume for the whole year was 15.083 million tons. 1. Filtration and separation, medical and sanitary, geotextile and construction textile production continued to maintain a high rate of growth, but synthetic leather textiles, sports and leisure textiles production growth rate is lower.
(II) Investment maintains rapid growth
Fixed asset investment is an important indicator of industry vitality and entrepreneurial confidence. It can be seen from Table 2 that despite the decline in the growth rate of production in the industry in 2017, fixed asset investment continued to maintain rapid growth with a total investment of 84.925 billion yuan, a year-on-year increase of 22.76%. It is at the highest level among textile industries and is more than the investment in 2016. The speed is 18 percentage points higher and re-enters the rising period. Nonwovens investment accounted for 44.1% of the entire industry, the growth rate was 22.38 percent, rope cable close to 50% of investment growth, investment growth of 26.22% canvas canopy, filtration, investment growth in the field of geotechnical, traffic reached 28.41 %; the cord fabric industry continued its decline for many years, with investment falling by 22.85%. The industry's fixed asset investment is mainly due to the increase in new production capacity, especially in the areas of spunbonded nonwovens, spunlaced nonwovens, geotextiles and construction textiles, filtration and separation textiles, and on the other hand, in increasing the technological transformation and upgrade of existing equipment, particularly in terms of investment in emission reduction and energy-saving intelligent manufacturing more active.
(3) Good economic returns
According to the National Bureau of Statistics, in 2017, the main business income and total profit of enterprises above designated size in China's industrial textile industry were 289.75 billion yuan and 16.51 billion yuan, respectively, up 5.19% and 3.90%, which is the industry's 12th Five-Year Since the first time, the total profit has declined. The reason for the decline in total profit of the industry is: First, the textile belt and cord fabric sector continued to be sluggish. In 2017, the main business income in this field decreased by 3.44%, and the cost only decreased by 1.89%, resulting in a decrease in gross profit margin by 1.41 percentage points. The total amount has dropped by nearly 30%. Secondly, in 2017, the price of main chemical fiber raw materials fluctuated. It is difficult for enterprises to pass all price pressures to users in the short term, which affects the profitability of enterprises. Third, in recent years, industry investment is active and capacity growth is fast. It is difficult for the market to fully digest these new capacity in the short term, which makes the competition in some areas fierce and the sales price of the products bears a lot of pressure. According to the survey conducted by the association, the sales price of the general reaction products of enterprises is difficult to rise synchronously with raw materials. Customs data also shows that the export prices of most commodities have declined to varying degrees.
Among the five categories of products given by the National Bureau of Statistics, the development of other industrial textiles in which filtration, geotechnical, protective and automotive textiles are located is the best (see Table 3), and its main business income and total profit are 44.262 billion yuan respectively. And 2.874 billion yuan, respectively increased by 13.35% and 22.28%, the gross profit rate was 15.53%, an increase of 0.51 percentage points, the profit rate was 6.49%, an increase of 0.47 percentage points, nearly 0.8 percentage points higher than the industry average, reflecting very Good development potential and profitability. The development of enterprises in this field is in good condition. On the one hand, due to their high technical content and strong market competitiveness, these products have played an increasingly important role in various fields; on the other hand, these areas are facing environmental protection , infrastructure construction and In the fast-growing market such as transportation, the development space of enterprises is very large.
Compared with traditional products such as awning canvas and cord fabric, the technology is relatively mature and the market is relatively stable. However, the operation of enterprises is more susceptible to changes in raw material prices and market demand. Therefore, enterprises in these fields need to accelerate structural adjustment and transformation and upgrading in the future. Increase the intensity of technological innovation and product development, and open up new application markets to improve the stability of operations.
The decline in the profit of non-woven fabrics, in addition to the raw material factors, the excessive growth of corporate expenses is an important factor. In 2017, the total cost of non-woven fabrics increased by 14.84%, and the proportion of three fees increased by 0.55 percentage points; Another factor is that the business differentiation of enterprises has increased, and the loss of loss-making enterprises has increased by 69.78%. The third is that the non-operating expenses of enterprises in the industry have increased by 119.27%. These factors have a certain sporadicity at the same time. In the future, with the adjustment of enterprises, the profitability of the industry will be improved.
(4) Import and export rebound
With the technological advancement of China's industrial textiles, the in-depth promotion of the “ Belt and Road Initiative†and the economic recovery of major developed countries, enterprises in the industry have made great progress in exploring the international market. 2017 industrial textiles industry exports 24.261 billion US dollars, an increase of 5.99%, reversing years of continuous slow growth or even decline in the export situation; the same period, China imported industrial textiles of $ 7.054 billion, an increase of 12.18%, a substantial increase in imports shows that China The economy is full of vitality, and the demand for high-tech and high-quality products is still relatively strong.
1. Main export products
In 2017, the export volume of major products has maintained varying degrees of growth. The export volume of industrial coated fabrics, wipes, industrial fiberglass products and cord fabrics has increased by more than 10%, felt cloth, tents and cords. The growth rate of (cable) belts, non-woven protective clothing and airbags was also relatively fast, but the export value of packaging textiles decreased by 2.93%, and the export value of medical dressings was basically the same as last year (as shown in Table 4). Among the 13 main products, the export unit price of the 4 types of products has increased by a small margin, among which the increase of cord fabric is 6.06%, and the export prices of other products are declining. The export of felt cloth, tents, diapers and sanitary napkins The price has dropped by more than 5%. On the whole, the quantity is still the main factor driving the growth of China's industrial textile exports.
2. Major export markets
Figure 1 shows that Asia is the country's largest industrial textiles exporter, accounting for 47.2% of annual exports, followed by North America and the EU market share of 16.9% and 15.7%, respectively, Africa and Latin America market share of 6.6%, respectively And 6.9%.
The United States remains the largest exporter of industrial textiles in China. As shown in Table 5, exports in 2017 were US$3.74 billion, up 7.09% year-on-year. Japan is the second largest exporter, but exports fell 3.12%. In recent years, China's exports of industrial textiles to Vietnam and India have grown rapidly. In 2017, exports were 1.35 billion US dollars and 1.03 billion US dollars respectively, with growth rates of 13.1% and 15.23% respectively. The top five countries in terms of exports accounted for 37.8% of China’s total exports. In addition, Hong Kong, Germany, Indonesia, Russia and the Philippines are also important markets. The exports of these 10 countries and regions account for 51% of the total.
Coated fabrics, synthetic leathers and their base fabrics, non-woven fabrics and other products are China's main export products to India and Vietnam, and the export volume is relatively large, but from the perspective of export prices, Vietnam is higher than India. Vietnam and India are countries with rapid economic development around China, and the demand for various industrial textiles is relatively large. China's industrial textiles industry in equipment manufacturing, technological innovation, product quality has a strong advantage in terms of price is better than Europe and other developed countries, but also geographically adjacent, the overall advantage is obvious, to the future Continue to increase the development of these two markets.
3. Import
In 2017, China imported industrial textiles by US$7.054 billion, a year-on-year increase of 12.18%. Among them, the import volume of diaper sanitary napkins products was the largest, reaching 1.423 billion US dollars, and the imports of non-woven fabrics, industrial coated fabrics, airbags and industrial fiberglass products were also relatively high, respectively 883 million US dollars, 768 million US dollars. With 638 million US dollars and 606 million US dollars, except for airbags, the import value of the other four types of products is increasing, but the import prices of major products have declined in different degrees. Japan, China Taiwan, South Korea, the United States and Germany and other countries and regions are the main source of China's imported industrial textiles, accounting for 78.4% of the total.
Second, the industry's key areas in 2017
1. Medical and health textiles
Medical and health textiles are a wide range of products used in the industrial textile industry. From the perspective of disposable hygiene products, the market for women's sanitary napkins is relatively mature, with high penetration rate, and maintains natural growth every year. The growth rate is around 5%. The quality of products continues to develop at a high level; baby diapers are still a market with rapid growth. The growth rate is around 15%. The industry is constantly innovating in surface materials, absorption cores, product design, etc. The Chinese market has been able to lead the innovation and development of the global diaper industry; adult incontinence products are still in the market cultivation period, potential Very large, with an annual growth of more than 30%, but to achieve breakthroughs requires economic development levels, consumption habits and national policies to work together, will be a relatively long-term process. Wiping products (dry towels and wipes) are another high-growth market with a growth rate of more than 10%. Especially with the improvement of economic conditions and the accelerated pace of life, the application range and users of disposable wiping products will continue to expand. In 2017, the investment and production of spunlace nonwovens and spunbonded nonwovens for sanitary materials continued to grow at a high rate. China's health materials are also actively exploring overseas markets. In 2017, the export volume of diapers and sanitary napkins reached 1.607 billion US dollars, a year-on-year increase of 5.41%, of which adult incontinence products reached 240 million US dollars.
The development of medical textiles industry is relatively stable, industry concentration is relatively high, the industry's export share is relatively large. In 2017, China exported 836 million US dollars of disposable non-woven fabric protective clothing, an increase of 8.77% year-on-year. The export of gauze, bandages and other medical dressings was 769 million US dollars, up 0.61% year-on-year. Due to the factors of China's medical insurance policy and product certification system, the proportion of disposable medical textiles used in hospitals in China is still not high. The products are mainly produced in the form of OEM and exported to foreign countries.
According to the association's research on key enterprises in the field, the main business income and total profit of the company increased by 15.55% and 16.23% respectively in 2017, and the profit margin was basically the same as that of the same period of last year.
4. Geotextiles and architectural textiles
The market for geotextiles and construction textiles is closely related to the construction of national infrastructure. In 2017, China's railway industry's fixed assets investment completed 801 billion yuan, 35 new projects started, the new investment scale was 356 billion yuan; highway construction completed fixed assets investment of 21,116.25 billion yuan, an increase of 17.7%; implementation of water conservancy investment of 717.6 billion yuan, Create another record high. The country's huge investment in fixed assets and the promotion of the “Belt and Road Initiative†have made China's geotechnical and construction textile industry develop rapidly. As the demand is sufficient, the company's orders are full, and key enterprises are still actively expanding their advanced production capacity. According to the association's research and measurement of key enterprises, the main business income and total profit of the industry in 2017 increased by 15.06% and 12.54% respectively.
Although the overall development of the industry is relatively good, due to the impact of national environmental protection policies, the production of small enterprises in the industry has been affected. In the long run, with the adjustment of national engineering bidding policies and the improvement of geotechnical material performance indicators, small enterprises with weak product development capabilities and low quality control will face greater escalation pressure.
5. Vehicle textiles
Vehicle textiles are an area of ​​rapid development in industrial textiles. First, the automobile industry has maintained a certain growth. In 2017, China's automobile production was 29.051 million, an increase of 3.19% year-on-year. Among them, the growth rate of SUVs and commercial vehicles was 13.81% and 13.95%, respectively, and the output of new energy vehicles increased by 53%. China has become the world's largest auto producer. Second, textile materials have strong advantages over traditional materials, weight, sound insulation, comfort and environmental performance. The trend of replacing traditional materials is obvious. Third, the new textile material in the application vehicle is expanding, such as a microfiber materials are more widely used in automobile seats, door panels and other parts, high-performance fiber composites gradually applied in new energy vehicles, with With mature technology and reduced costs, fiber composites will be more widely used in automobiles. In addition to automobiles, textile materials are also expanding in high-speed rail and aircraft applications, including not only traditional seat fabrics, but also new types of honeycomb materials, door panels, and filter materials.
It is more difficult for the textile textile enterprises to enter the supply chain of automobile enterprises, and the cycle is long. Therefore, the scale of enterprises in the industry is generally large, and the industrial concentration is high. However, with the development of domestic auto companies, some small-scale supporting enterprises have appeared in the industry. According to the statistics of the association, the main business income of the key enterprises in the industry increased by 8.75% in 2017, and the total profit was basically the same as last year.
6. Filtration and separation textiles
In 2017, the country increased the intensity of atmospheric environment rectification. China's air quality has been significantly improved. Filtration and separation textile enterprises have played an important role, and the industry has also ushered in a rare development opportunity. 2017 Industrial sector air pollutant emission standards revised again, to mention a new round of environmental efficiency retrofits enterprise is on the rise, dust emission concentration is less than 10mg / Nm3 has become more normalized.
Bag type dust removal has the characteristics of high efficiency purification of fine particles, wide range of treatment air volume, and small influence of dust properties. Bag type dust collector has become the mainstream dust removal equipment at present, industrial application is very extensive, and the application ratio is increasing year by year. The reality shows that bag-type dust collectors have become the mainstream equipment for efficient purification of particulate matter. Bag-type dust removal has become the main force in China to achieve ultra-low emission and standardization. In terms of water filtration, it also benefited from the improvement of environmental protection requirements. The woven filter cloth also developed rapidly in 2017, with an export volume of US$129 million. According to the association's research, the main business income and total profit of the 2017 industry backbone enterprises increased by 21.97% and 13.95% respectively, and the profit rate was about 10%; Jiangsu Suining and Zhejiang Tiantai were important gathering places for textile industry in filtration and separation in China. In 2017, the production, sales and profits of filter materials in the two places increased by more than 10%.
Filtration and separation textiles are an industrial consumable. The national environmental protection requirements will maintain the current high standards, and the industry is expected to continue to maintain rapid growth. China has established a complete industrial chain from high-performance fiber to engineering services in this field, which has strong competitiveness, but the market competition is not standardized, especially the large amount of accounts receivable has adversely affected the development of the industry.
7. Structural reinforcement textiles
At present, China has become the world's largest and fastest growing market for wind power generation, especially the offshore wind power industry has developed rapidly. According to statistics, in 2017, China's new grid-connected wind power installed capacity of 15.03 million kilowatts, the cumulative grid-connected installed capacity reached 164 million kilowatts, accounting for 9.2% of all power generation installed capacity. Due to policy changes, China's new wind power capacity continued to decline since 2015, but due to increased average unit power, the use of glass fiber and carbon fiber remains a high level.
With the technological progress of domestic carbon fiber, China's carbon fiber composite material industry has also developed rapidly, but compared with developed countries, the application is mainly concentrated in the field of sports and leisure products, and now it is gradually applied to transportation, and its application in aviation. Very few. According to customs data, in 2017, China exported 1984 tons of carbon fiber and products, with an export value of 74.92 million US dollars, up 7.96% and 21.13% respectively, while imports in the same period reached 435 million US dollars, an increase of 4.15%.
8. Safety and protection textiles
The market for safety protection textiles in China is very large. First-line workers such as fire protection, petroleum and petrochemical, coal, steel and metallurgy need high-quality products to ensure occupational safety. With the deepening of the people-oriented concept and the improvement of relevant safety production regulations, the development of the national emergency industry and the promotion of the military-civilian integration strategy, the development of the security field has received more and more attention, but compared with medical textiles, filtration and The rapid development of textiles such as separation, the development of this field is slow. On the one hand, it is related to the technology and products of the industry itself. China has made great breakthroughs in the development of various flame retardant, cut-proof, anti-static special fibers and fabrics, but subject to standards, testing and certification, the high-end market in this field, such as some special working condition protection products Need to purchase products from multinational companies. Compared with giants in DuPont, 3M and Honeywell, the scale of China's enterprises is small and their innovation ability is weak. The gap between basic research and development and product development is large. On the other hand, the safety standard in the field of protection lags behind low bid procurement policy also limits the application of new products and new technology to some extent, can not be effective protection for workers.
According to the association's research, the main business income and total profit of key enterprises in 2017 increased by 6.42% and 13.90% respectively.
Third, industry development forecast for 2018
In 2018, China's industrial textile industry is facing a favorable environment. First of all, China's economy and society will continue to maintain healthy and stable development. The GDP growth rate is expected to reach about 6.5%. The state attaches importance to the development of the real economy, deepens the reform of the supply-side structure, vigorously cuts the government's tax reduction and fee reduction, and vigorously encourages technological innovation . The development environment faced by manufacturing enterprises is more optimized; national income continues to grow, the gap between urban and rural areas narrows, and the deepening of military-civilian integration, the state will continue to increase investment in environmental protection, infrastructure construction, new energy, etc. Will continue to maintain rapid growth. The global economy continues to recover. The demand for industrial textiles in developed markets such as Europe and the United States has maintained a moderate growth. Countries and regions along the “Belt and Road†have disposable sanitary materials, non-woven fabrics, coated fabrics, geotechnical materials and filter materials. The demand for products with strong advantages is strong.
China's industrial textiles not only the world's largest in size, in terms of professional training, special equipment and raw material security has also made great progress, the gap in technological innovation, new product development, fine management and product quality and developed countries Gradually shrinking, and many achievements have been made in smart manufacturing and green manufacturing. The strength of key enterprises has grown. The products not only meet domestic needs, but also have strong competitiveness in the world. The development confidence of enterprises is sufficient for the development of the industry. A solid foundation has been laid.
In 2018, China's industrial textile industry will develop steadily. The growth rate of production and sales will be slightly higher than that of 2017. Exports will continue to maintain a high growth rate, profitability will improve, and the growth rate of fixed asset investment may be Something has fallen back.
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