The Global Textile Industry Is Facing A Shortage Of Fiber.

Raw material

Declining supply is a serious challenge to the global economic agenda.

In 2006, oil climbed to the highest price in history, at the same time, metal and basic chemical industry.

And the reduction of other raw material inventories poses a great threat to the future economic prospects of the world.

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Similar phenomena become very obvious.

Today's assessment shows artificial synthesis.

Output and natural fiber production will not meet the global fiber demand in the future.

In addition, cotton production is very tight due to various factors.

The world population and global GDP growth and per capita fiber demand have increased, but arable land has not been expanded or reduced, and water resources are scarce. These important factors will affect future cotton supply.

For example, in 20 years, grain output increased by 40%.

Therefore, the land use area has changed greatly, and the planting area of grain crops has been expanding.

Planting area.

Cotton demand is increasing and cotton production is insufficient. It is called cotton gap.

The international cotton advisory board (ICAC) has drawn attention to the reduction of cotton supply in the future.

In addition, according to the current estimated growth rate, the growth rate of MMSF and MMCF production can not completely alleviate the expected tight supply of cotton.

The key question remains: how to fill the cotton gap?

Assuming that the composite growth rate of the world textile fiber in the next 20 years (annual compound growth rate) is 3%, this assumption is a key factor in supporting the fiber gap.

According to this prediction, the gap of man-made fibers has reached 500000 tons today, and by 2030, it will probably reach 11 million tons, or about 8% of the total fiber demand of 1.40 million tons.

According to current forecasts and current investment, by 2030, man-made fiber is expected to cover only a small part of the shortfall of 22 million tons of cotton.

At the same time, artificial fibers will only partially compensate for the demand for cotton, especially those with cotton characteristics.

In short, by 2030, the cellulose gap may be about 11 million tons. Based on this assessment, manufacturers of artificial fibres and man-made fibers will face enormous opportunities.