The total amount of industrial textile fiber processing in my country has increased from 20% in 2010 to about 30% in 2019, ranking second in the textile industry’s three major terminal applications (apparel, industrial textiles, home textiles). According to the prediction of the United Nations, the global total textile fiber processing is expected to reach 253 million tons by 2050, of which the processing volume of industrial textiles will reach 170 million tons, accounting for 67.4%, and huge room for future development.
As a major producer of medical textiles, my country not only meets the needs of the domestic market, but also exports large quantities to developed countries and regions such as Europe, America and Japan. The market demand for medical textiles is relatively stable, basically maintaining a growth rate of about 5%. With the reform of the domestic medical consumables procurement system and the improvement of the medical device regulatory system, the market concentration of China’s medical textiles will gradually increase, and the domestic market will become the main growth driver in the future, while consolidating China’s industrial competitiveness in overseas markets.
In the first quarter of this year, medical and hygiene textile companies produced related materials to fight the pandemic, and they have basically produced at full capacity since the pandemic; investment in geotextiles, building and construction textiles, filtration and separation textiles, protective and safety textiles, reinforcement textiles will resume or even increase after the pandemic; The development of China’s industrial textiles mainly relies on a huge domestic demand market, the export share is not high, and the decline in foreign demand brought by the pandemic has limited impact on the industry. However, the outbreak of the pandemic has brought greater pressure on the development of industries such as transport textiles, textiles for synthetic leather, canvas and tarp textiles, which already face greater difficulties.
It is expected that in the first half of 2020, the production and sales of my country’s industrial textile will decline to a certain extent. In the second half of the year, as the impact of the pandemic subsides and various policies supporting economic development are implemented, industry demand, production and sales will improve. The industry’s fixed asset investment, especially investment in expanding production capacity, will tend to be cautious, but investment in intelligent transformation and green production will continue to maintain certain growth. The industry’s production, sales and exports will increase slightly throughout the year.