Frbiz Forecasts Development Trends in China's Chemical Fiber Product Industry

Jun 23, 2010, 10:00 ET from Frbiz.com

BEIJING, June 23 /PRNewswire-Asia/ -- Frbiz.com, one of China's leading B2B search platforms, forecasts future development trends in the chemical fiber products market.

Under the continuous development of the current economy, the textile industry is delving into more research and innovation in response to greater demand for higher quality products. Although development of natural fibers is quite limited, competition for innovation in the chemical fiber market is fierce. The pursuit of differentiation in the chemical product market has likewise become the development trend for the chemical fiber industry.

The variety and growth rate in the chemical fiber industry reflects a country's technological level. The chemical fiber industry in China is mainly of a conventional size, and maintains mainly homogenous products. There have been new products and technological innovations, but this has been accompanied by some obvious deficiencies. There is still a gap in the rate of chemical fiber product development between China and developed countries.

Most chemical fiber products in China are mainly conventional varieties, such as polyester, acrylic, nylon, viscose and other types. High-quality, high-performance differential fibers are basically dependent on imports. In the meanwhile developed countries' chemical fiber enterprises are paying more attention to the development of new products, with annual production reaching more than 100 varieties. Japan, Korea, Taiwan and other such countries and regions have reached the fourth generation of ultra-simulated synthetics. While most of China's differential fibers are only at the second-generation level.

The demand for chemical fiber products saw a market downturn during the financial crises. While sales were sluggish, some companies attached importance to chemical fiber products innovation and technology, and in so doing, made some important breakthroughs.

The demand for various types of fiber varieties is increasing, while technologies are improving and product varieties are increasing. As the economy continues to improve in China, the chemical fiber industry in China is in a good position to cultivate healthy development.

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