INDUSTRY MARKET RESEARCH FOR BUSINESS LEADERS, STRATEGISTS, DECISION MAKERS CLICK TO VIEW
Table of Contents 2
List of Tables & Charts 3
Study Overview 4
Sample Text, Table & Chart 5
Sample Profile, Table & Forecast 6
Order Form 7
About Freedonia, Custom Research, Related Studies, Corporate Use License 8
Industry Study with Forecasts for 2011 & 2016
Study #2223 | November 2007 | $4900 | 207 pages
The Freedonia Group 767 Beta Drive www.freedoniagroup.com Cleveland, OH • 44143-2326 • USA Toll Free US Tel: 800.927.5900 or +1 440.684.9600 Fax: +1 440.646.0484 E-mail: [email protected] Study #2223 November 2007 Flat Glass in China $4900 207 Pages Industry Study with Forecasts for 2011 & 2016
Table of Contents
Executive Summary MARKETS Industry Composition...... 140 Market Share...... 142 General...... 76 Market EnvironmenT Marketing & Distribution...... 145 Architectural Market...... 78 Financial Issues & Requirements...... 146 General...... 4 Residential Building Construction...... 80 Cooperative Agreements...... 147 Economic Overview...... 5 New Construction...... 81 Foreign Participation in Recent Economic Performance...... 5 Improvement & Repair...... 82 the Chinese Market...... 151 Economic Outlook...... 7 Nonresidential Building Construction...... 84 Legal & Regulatory Issues...... 151 Demographic Overview...... 8 New Construction...... 85 Joint Ventures...... 153 Population...... 9 Improvement & Repair...... 86 Wholly Owned Foreign Enterprises...... 155 Households...... 11 Electronic Display Market...... 88 Representative Offices...... 156 Consumer Trends...... 12 Motor Vehicle Market...... 90 Original Equipment Markets...... 93 Personal Income & Expenditures...... 13 Company Profiles Consumer Financing...... 15 Aftermarket...... 95 Currency Exchange Rates...... 19 Other Markets...... 97 Anhui Huaguang Glass Group...... 158 Building Construction Outlook...... 21 Asahi Glass Company...... 159 Industrialization & Manufacturing Trends..... 23 REGIONAL TRENDS China Glass Holdings...... 161 Electrical/Electronics Sector Outlook...... 25 China Luoyang Float Glass Group...... 163 Motor Vehicle Outlook...... 27 General...... 100 China Yaohua Glass Group...... 164 Regulatory & Environmental Trends...... 29 Regional Demographic & Economic Trends.. 102 CSG Holding Company...... 167 The Eleventh Five Year Plan...... 30 Population Patterns...... 103 Dezhou Jinghua Group...... 169 Economic Outlook...... 105 Dongguan Yintai Glass...... 170 Consumer Trends...... 106 OVERVIEW Farun Group...... 171 Regional Building Construction Fuyao Group Glass Industries...... 172 Supply & Demand...... 32 Expenditures...... 108 Gevergel Foshan Engineering Glass...... 175 Primary Flat Glass Production Capacity...... 34 Regional Manufacturing Guangdong Furui Industrial Development... 176 Pricing Patterns...... 39 Production Outlook...... 109 Hangzhou Glass Group...... 177 International Environment...... 41 Regional Motor Vehicle Outlook...... 111 Hangzhou Yongan Glass...... 178 World Outlook...... 42 Regional Flat Glass Demand...... 112 Hebei Jingniu Group...... 179 Foreign Trade...... 44 Central-North...... 115 Henan Zhonglian Group...... 180 Overview...... 115 Hongshi Security Glass...... 181 Flat Glass Demand...... 117 PRODUCTS Jiangyin Jingcheng Glass...... 182 Northeast...... 119 Jinjing Group...... 183 General...... 46 Overview...... 119 Lanshi Group Glass...... 184 Primary Flat Glass & Fabricated Flat Glass.... 47 Flat Glass Demand...... 121 Nanning Float Glass...... 185 Primary Flat Glass...... 50 Central-East...... 123 Nippon Sheet Glass...... 186 Float Glass...... 51 Overview...... 123 Saint-Gobain...... 190 Sheet Glass...... 54 Flat Glass Demand...... 125 Shandong Blue Star Glass Group...... 192 Drawn Glass...... 56 Central-South...... 127 Shandong Kejing Glass...... 194 Rolled Glass...... 57 Overview...... 127 Shanghai Flat Glass Factory...... 195 Fabricated Flat Glass...... 58 Flat Glass Demand...... 129 Shanghai Xiangshi Glass...... 196 Safety Glass...... 62 Southwest...... 131 Sichuan Glass...... 197 Tempered...... 63 Overview...... 131 Taiwan Glass Industry...... 198 Laminated...... 64 Flat Glass Demand...... 133 Xinyi Glass Holdings...... 200 Insulating Glass...... 65 Northwest...... 135 Yushi Enterprise...... 202 Mirrors...... 68 Overview...... 135 Zhejiang Glass...... 203 Silver Mirrors...... 69 Flat Glass Demand...... 136 Zhejiang Hehe Holding Group...... 205 Aluminum Mirrors...... 70 Other Companies Mentioned in Study...... 207 Advanced Fabricated Mirrors...... 71 INDUSTRY STRUCTURE Other...... 71 General...... 139
Click here to purchase online Page Order now, click here! Study #2223 November 2007 Flat Glass in China $4900 207 Pages Industry Study with Forecasts for 2011 & 2016
List of Tables & Charts
Executive Summary 5 Fabricated Flat Glass 6 Motor Vehicle Production & Supply & Demand in China...... 60 Park in China by Region...... 112 1 Summary Table...... 3 Cht Fabricated Flat Glass Demand in 7 Flat Glass Demand in China China: Volume vs Value, 2006...... 61 by Region...... 114 Market EnvironmenT 6 Safety Glass Supply & Cht Flat Glass Demand in China 1 Gross Domestic Product of China...... 8 Demand in China ...... 63 by Region, 2006...... 115 2 Population of China...... 10 7 Insulating Glass Supply & Cht Central-North Region of China...... 117 Cht Population of China by Age...... 11 Demand in China...... 67 8 Central-North Region of China: 3 Households in China by Region...... 12 8 Mirror Supply & Demand in China.... 69 Flat Glass Demand...... 119 4 Personal Income & 9 Other Fabricated Flat Glass Cht Northeast Region of China...... 121 Expenditures in China...... 15 Supply & Demand in China...... 75 9 Northeast Region of China: 5 Consumer Financing Environment Flat Glass Demand...... 123 in China, 1996-2006...... 18 MARKETS Cht Central-East Region of China...... 125 6 Chinese Currency Exchange 10 Central-East Region of China: 1 Flat Glass Demand in China Rates, 1996-2006...... 20 Flat Glass Demand...... 127 by Market...... 77 Cht Chinese Currency Exchange Cht Central-South Region of China...... 129 Cht Flat Glass Demand in China Rates, 1996-2006...... 21 11 Central-South Region of China: by Market, 2006...... 78 7 Building Construction Flat Glass Demand...... 131 2 Architectural Flat Glass Expenditures in China...... 23 Cht Southwest Region of China...... 133 Demand in China ...... 80 8 Manufacturing Value Added 12 Southwest Region of China: 3 Residential Market for Flat Glass in China...... 25 Flat Glass Demand...... 134 in China ...... 84 9 Electrical & Electronic Product Cht Northwest Region of China...... 136 4 Nonresidential Market for Flat Glass Outlook for China...... 27 13 Northwest Region of China: in China ...... 87 10 Motor Vehicle Outlook in China...... 29 Flat Glass Demand...... 138 5 Electronic Display Flat Glass Demand in China ...... 90 INDUSTRY STRUCTURE OVERVIEW 6 Motor Vehicle Flat Glass 1 Flat Glass Supply & Demand in China ...... 93 1 Revenue Data: Selected Flat Glass Demand in China...... 34 7 Original Equipment Motor Vehicle Companies, 2006...... 141 2 China Float Glass Production Market for Flat Glass in China ..... 95 Cht Flat Glass Market Share in China Capacity, 2006...... 38 8 Motor Vehicle Aftermarket by Company, 2006...... 142 3 Flat Glass Pricing Patterns in China 41 for Flat Glass in China ...... 97 2 Selected Cooperative Agreements. 149 4 World Flat Glass Demand...... 43 9 Other Markets for Flat Glass 5 Trends in Chinese Foreign Trade...... 45 in China ...... 99
PRODUCTS REGIONAL TRENDS 1 Flat Glass Demand in China 1 Population of China by Region..... 105 by Product...... 47 2 Gross Domestic Product Cht Flat Glass Industry Flow Chart...... 49 of China by Region...... 106 2 Primary Flat Glass Supply & 3 Per Capita Disposable Personal Demand in China...... 51 Income in China by Region...... 107 3 Float Glass Supply & 4 Building Construction Expenditures Demand in China...... 54 in China by Region...... 109 4 Sheet Glass Supply & 5 Manufacturing Production Demand in China...... 56 in China by Region...... 110
Click here to purchase online Page Order now, click here! Study #2223 November 2007 Flat Glass in China $4900 207 Pages Industry Study with Forecasts for 2011 & 2016
Measured in value, flat glass demand in China will expand 15 percent per year to ¥117.5 bil- lion, driven by a shift in the mix toward higher value fabricated glass in many applications.
Demand in China to grow Primary Flat Glass Demand in China 8.6% yearly through 2011 81% (1.5 billion sq meters, 2006) Demand for flat glass in China is expect- ed to climb 8.6 percent per year through 2011 to 2.2 billion square meters. Measured in value, flat glass demand will expand 15 percent per year to ¥117.5 billion, driven by a shift in the product mix toward higher value fabri- cated glass in many applications. The Chinese flat glass market will outpace growth in all other parts of the world, driven by healthy gains in building construction activity as industrialization efforts continue and income levels rise. Fabricated Government efforts to further increase 19% average per capita living space, sustain strength in foreign direct investment, quicken growth in motor vehicle produc- tion and stimulate product innovation in the electronic display industry will also rolled glass production will be dampened furniture, as well as strong growth in support flat glass gains. by the Chinese government’s efforts to motor vehicles and electronic displays. shut down old, inefficient and low-quality Float glass to remain top sheet glass furnaces and by the growing Central-East/-South to segment, gain market share preference for higher quality float glass in construction applications. Fabricated stay largest regional users Primary flat glass -- including float glass, flat glass encompasses insulating glass, The Northwest and the Southwest are drawn glass and rolled glass -- account- tempered glass, laminated glass, mirrors largely underdeveloped, but are being ed for four-fifths of overall Chinese flat and other specialty products, and targeted by the central government’s “Go glass demand in 2006 when measured accounted for over 19 percent of overall West” policy. This will result in significant in square meters. Float glass, the largest Chinese flat glass demand in volume growth in flat glass demand as economic primary flat glass segment, will continue terms in 2006. Demand for fabricated flat output rises. The market for flat glass in to make inroads against drawn and glass will increase more than 16 percent the Central-North and Northeast will also rolled glass, and will comprise 87 per year to 610 million square meters in benefit from government-funded con- percent of total demand in 2011. Gains 2011, accounting for more than 27 struction activity. However, the Central- will be driven by improving product percent of overall flat glass demand. East and Central-South will remain the quality, healthy growth in building Fabricated flat glass demand will benefit largest two regional flat glass markets, construction and continuing direct from an increasing requirement for high- together accounting for over 62 percent foreign investment. Growth in drawn and end glass products for windows and of demand in 2011.
Copyright 2007 The Freedonia Group, Inc.
Click here to purchase online Page Order now, click here! Study #2223 November 2007 Flat Glass in China $4900 207 Pages Industry Study with Forecasts for 2011 & 2016
Sample Text, TABLE V-3 Table & Chart RESIDENTIAL MARKET FOR FLAT GLASS IN CHINA (million square meters)
Item 1996 2001 2006 2011 2016
Residential Bldg Expend (bil 2005¥) 266 461 1031 1520 2105 sq m flat glass/000¥ res construction 1.47 1.13 0.87 0.86 0.89 products
Residential Flat Glass Demand 390 520 900 1310 1880 Primary Flat Glass By Market: Primary flat glass demand by area is projected to rise 6.4 Newpercent Construction 320 400 680 950 1310 per year through 2011 to 1.6 billion square meters, lagging the Improvement flat glass & Repair 70 120 220 360 570 market as a whole. Demand for primary flat glass will be restrained By Product: by the substitutionsample of fabricated flat glass in many applications. Measured Float Glass 220 380 sam 730 ple 1045 1435 in value terms, demand for primary flat glass is expected to rise Sheet 8.6 perGlass - 166 125 124 150 175 cent to ¥35te billionxt 2011, with price gains averaging 2.1 percent Insulating per year. Glass -- t 3 ab 20 le 62 171 Mirrors 3 10 20 35 55 Over the past decade, the Chinese government has been focusing Safety Glass its 1 2 5 14 36 efforts at shutting down old and inefficient sheet glass factories Other and shift- -- -- 1 4 8 ing more of its float glass capacity from low quality sheet glass to high quality material that can be used in modern buildings and automobiles. % residential 73.6 73.0 70.3 69.9 69.4 Chinese manufacturers have made improvements in the qualityArchitectural and Flat Glass Demand 530 712 1280 1875 2710 performance characteristics of their products, helping boost total sales.
Shipments of primary flat glass are forecast to grow at a 7.0 percent annual pace to over two billion square meters in 2011, leading to a further widening of the nation’s trade surplus in these products. Industry output gains will be spurred by healthy building construction activity and investment by foreign manufacturers in Chinese factories.
Primary flat glass includes float glass and sheet glass. Float glass accounts for the dominant share of this category when measured in square meters, representing 86 percent of all sales in 2006. Float glass will continue to expand its market share into the foreseeable future. Production of sheet glass has declined since the 1990s and will continue to be restrained by the Chinese government’s efforts to shut down old, inefficient and low-quality sheet glass furnaces. In addition, sheet glass CHART VII-1 demand will also be limited by an increasing requirement for higher quality fabricated glass products such as insulating and tempered glassFLAT GLASS MARKET SHARE IN CHINA BY COMPANY, 2006 for windows and furniture as income levels rise and by competition from (¥58.5 billion) materials such as plastic. 4.6% Fuy ao 50 Copyright 2007 The Freedonia Group, Inc.
4.3% Farun
sample3. 1% CSG Others Market Leaders 74.6% 25.4% chart 3.0% Asahi Glass 2.7% Taiwan Glass 2.1% Saint-Gobain 2.0% Nippon Sheet 1.9% Luoy ang 1.7% Jinjing
Click here to purchase online Page Order now, click here! Study #2223 November 2007 Flat Glass in China $4900 207 Pages Industry Study with Forecasts for 2011 & 2016
Sample Profile, CHART VI-1 Table & Forecast FLAT GLASS DEMAND IN CHINA BY REGION, 2006 (1.5 million square meters)
COMPANY PROFILES sample CSG Holding Company Limited CSG Building CHART Number 1, Sixth Industrial Road Shekou, Shenzhen 518067 CHINA 86-755-2686-0666 http://www.csgholding.com
Sales: ¥3 billion [US$371 million] (2006) Sales to Mainland China: ¥2.1 billion [US$258 million] (2006) Employment: 6,940 (2006) Key Products: float, architectural,sample automotive and display glass
International Contact:p Mr.rofile Nan Zeng, Chief Executive Officer
CSG Holding is also known as China Southern Glass. It is a joint venture company that manufactures and sells glass products, ceramic “Nonresidential building flat products and properties. CSG operates in five segments: Float Glass, glass demand will rise 8.3 percent annu- Architectural Glass, Automotive Glass, Display Glass and Other. ally through 2011 to 565 million square CSG Holding was the third largest supplier of flat glass to the meters, slowing noticeably from the Chinese market in 2006, with a 3.1 percent market share. The Com- 2001-2006 period but continuing to rep- pany participates in the Chinese flat glass industry through the Float resent healthy growth. Sales gains will Glass, Architectural Glass, Automotive Glass and Display Glass seg- ments. The Float Glass segment, which had 2006 sales of ¥1.2 billion be stimulated by strong nonresidential [US$151 million], manufactures float glass at facilities in Chengdu, construction activity, especially in the Shenzhen and Guangzhou, China. The Chengdu facility, which does office and commercial buildings segment. business as the Chengdu CSG Float Glass subsidiary, began operating Flat glass market growth through 2011 its first production line in February 2006, and a second line commenced production in April 2006. The Shenzhen site operates as the Shenzhen will be restrained to some extent by ...” CSG Float Glass Company Limited subsidiary, while the Guangzhou facility operates as the Guangzhou CSG Glass Company Limited sub- --Section V, pg. 84 sidiary. In July 2006, capacity at the Shenzhen facility was increased from 500 metric tons per day to 600 metric tons per day.
167 Copyright 2007 The Freedonia Group, Inc.
Click here to purchase online Page Order now, click here! Order Information Five Convenient Ways to Order INDUSTRY MARKET RESEARCH FOR BUSINESS LEADERS, STRATEGISTS, DECISION MAKERS
ONLINE: www.freedoniagroup.com Free Handling & Shipping Credit Card Orders There is NO charge for handling or UPS shipping For convenience, Freedonia accepts American Ex- MAIL: Print out and complete the order in the US. Expect delivery in 3 to 5 business days. press, MasterCard or Visa. Credit card purchases form and send to The Freedonia Group Outside the US, Freedonia provides free airmail must include account number, expiration date and (see address at the bottom of this form) service. Express delivery is available at cost. authorized signature.
PHONE: Call toll free, 800.927.5900 Orders Outside of the US Save 15% (US) or +1 440.684.9600 Checks must be made payable in US funds, If you order three (3) different titles at the same drawn against a US bank and mailed directly to time, you can receive a 15% discount. If your FAX: +1 440.646.0484 (US) The Freedonia Group. For wire transfers please order is accompanied by a check or wire transfer, contact our customer service department at info@ you may take a 5% cash discount (discounts do EMAIL: [email protected] freedoniagroup.com. Credit cards accepted. not apply to Corporate Use Licenses).
Corporate Use License Now every decision maker in your organization can act on the key intelligence found in all Freedonia studies. For an additional $2300, companies receive unlimited use of an electronic Click here to learn more about version (PDF) of the study. Place it on your intranet, e-mail it to coworkers around the world, the Corporate Use License or print it as many times as you like,
Order Form F-WEB.2223 Name
Flat Glass in China...... $4900 Title
Corporate Use License (add to study price) * +$2300 Company Additional Print Copies @ $500 each * Total (including selected option) $ Division Enclosed is my check (5% discount) drawn on a US bank and payable to The Freedonia Group, Inc., in US funds (Ohio residents add 7.75% sales tax) Street (No PO Box please)
Bill my company American Express MasterCard Visa City/State/Zip
MM YY Country
Credit Card # Expiration Phone Fax
Signature Email
* Please check appropriate option and sign below to order an electronic Individual Use License Agreement version of the study. The undersigned hereby represents that the above captioned study will be used by only ___ individual(s) who are employees of the company and that the study will not be loaded on a network for multiple users. In the event Corporate Use License Agreement that usage of the study changes, the Company will promptly notify Freedo- The above captioned study may be stored on the company’s intranet or nia of such change and will pay to Freedonia the appropriate fee based on shared directory, available to company employees. Copies of the study may Freedonia’s standard fee schedule then in effect. Note: Entire company cor- be made, but the undersigned represents that distribution of the study will porate use license, add $2300; one additional user, add $500; two additional be limited to employees of the company. users, add $1000; three additional users, add $1500.
Signature Signature
The Freedonia Group, Inc. 767 Beta Drive • Cleveland, OH • 44143-2326 • USA • Web site: www.freedoniagroup.com Tel US: 800.927.5900 or +1 440.684.9600 • Fax: +1 440.646.0484 • e-mail: [email protected]
Page 7 INDUSTRY MARKET RESEARCH FOR BUSINESS LEADERS, STRATEGISTS, DECISION MAKERS
Other Studies About The Freedonia Group
Insulation in China The Freedonia Group, Inc., is a leading international industry market research com- China is the fastest growing and the second largest pany that provides its clients with information and analysis needed to make informed (behind the US) market for insulation in the world. strategic decisions for their businesses. Studies help clients identify business oppor- This study presents historical demand data (1996, tunities, develop strategies, make investment decisions and evaluate opportunities 2001, 2006) and forecasts for 2011 and 2016 by product (e.g., fiberglass, foamed plastic, mineral and threats. Freedonia research is designed to deliver unibiased views and reliable wool); market (e.g., residential, nonresidential, outlooks to assist clients in making the right decisions. Freedonia capitalizes on industrial, HVAC equipment) and region (e.g., Central-North, Central-East, Southwest). The study the resources of its proprietary in-house research team of experienced economists, also considers market environment factors, evaluates professional analysts, industry researchers and editorial groups. Freedonia covers a company market share and profile leading producers. #2266...... 11/2007...... $4900 diverse group of industries throughout the United States, the emerging China mar- ket, and other world markets. Industries analyzed by Freedonia include:
Windows & Doors in China • Chemicals • Plastics • Life Sciences • Packaging • Building Materials • Security Demand for windows and doors (fenestration) in & Electronics • Industrial Components & Equipment • Automotive & Transportation China will grow 11% annually through 2011. Gains Equipment • Household Goods • Energy/Power Equipment will be driven by healthy growth in building construc- tion, increased demand for larger living spaces, and further privatization of home ownership. Plastic Click here to learn more about Freedonia fenestration will continue to supplant metal and wood types. This study analyzes the ¥115.6 billion Chinese fenestration industry, with forecasts for 2011 and 2016 by product, market and region. It also evaluates company market share and profiles major players. Freedonia Custom Research #2258...... 11/2007...... $4900 Freedonia Custom Research delivers the same high quality, thorough and unbiased assessment of an industry or market as an industry study. Since the research initia- World Windows & Doors tive is based upon a company’s specific needs, companies harness Freedonia’s Global window and door demand will rise 5% yearly research capabilities and resources to answer unique questions. When you leverage through 2011. China, India, Mexico and Russia will see some of the largest sales increases. Wood and the results of a Freedonia Custom Research engagement, you are able to obtain metal products will stay dominant while plastic types important answers to specific questions and issues associated with: mergers and will grow the fastest. The nonresidential building market will outpace the larger residential sector. This acquisitions, new product launches/development, geographic expansion, entry into study analyzes the $117.5 billion world window and new markets, strategic business planning, and investment and funding decisions. door industry, with forecasts for 2011 and 2016 by product, market, world region and for 30 countries. It also details market share and profiles major players. Freedonia Custom Research is ideal for companies seeking to make a strategic dif- #2235...... 09/2007...... $5800 ference in the status quo and focus on future business growth. Working side by side with clients, Freedonia’s team is able to define a research project that is custom-tai- lored to answer specific questions and provide the basis from which a company can Construction Outlook in China make informed business decisions. Construction expenditures in China will rise 8.8% annually through 2011. Nonbuilding construction will lead gains, followed closely by the nonresidential and Click here to learn more about Custom Research residential sectors. An expanding domestic economy, ongoing infrastructure upgrades and sustained foreign investment will be among the growth factors. This study analyzes the outlook for construction in China, with forecasts for 2011 and 2016 by market, application and region. The study also evaluates market share and profiles major contractors. #2193...... 05/2007...... $4900
Asphalt in China Demand for asphalt in China will rise 6% annually through 2010, driven by strong gains in road and building construction. Paving applications will outpace roofing and remain dominant. Asphalt shingles and modified bitumen membranes will gain market share in roofing while asphalt built-up and roll types will lose ground. This study analyzes the ¥23.3 billion Chinese asphalt market to 2010 and 2015 by product, market and region. It also evaluates company market share and profiles leading competitors. #2167...... 03/2007...... $4900 Click here for complete title list Click here to visit freedoniagroup.com
Page 8 The Freedonia Group, Inc. 767 Beta Drive • Cleveland, OH • 44143-2326 • USA • Web site: www.freedoniagroup.com Tel US: 800.927.5900 or +1 440.684.9600 • Fax: +1 440.646.0484 • e-mail: [email protected]