2023, the Year of Hope for the Glass Industry

2023-08-12 15:06

In 2022, the glass market fluctuated widely and operated weakly, and towards the end of the year, the industry still faced an unfavorable situation of high inventory, weak demand, and weak expectations. Recently, the spot market for glass production has begun to stabilize, and the situation of glass supply and demand improving has gradually become clear.

The constraints on the glass supply end are expected to be further strengthened. As an economist pointed out, deepening the supply side structural reform must focus on improving the quality and efficiency of the supply system, enhancing the adaptability of the supply structure to effective demand, and not forming outdated production capacity and products that do not meet the development direction and market demand, resulting in waste of social resources and wealth.

The "Implementation Plan for Carbon Peaking in the Building Materials Industry" issued on November 8, 2022, in accordance with the overall national deployment and combined with the actual situation of the building materials industry, proposes to achieve carbon peaking in the building materials industry by 2030, and encourages industries with conditions to take the lead in achieving carbon peaking. At the same time, the main goals of the "14th Five Year Plan" and "15th Five Year Plan" stages were proposed. During the 14th Five Year Plan period, the unit energy consumption and carbon emission intensity of key products such as cement, glass, and ceramics continued to decrease, and the comprehensive energy consumption per unit product of cement clinker decreased by more than 3%. During the 15th Five Year Plan period, significant breakthroughs were made in the industrialization of green and low-carbon key technologies in the building materials industry, with a significant increase in the level of raw material and fuel substitution, and a basic industrial system for green and low-carbon circular development was established. The Implementation Plan proposes a series of energy-saving and carbon reduction measures, including leveraging the comprehensive role of policies, standards, and markets to guide the exit of inefficient production capacity; Accelerate the application of clean and green energy, orderly increase the proportion of natural gas and electricity usage, promote the gradual reduction of key areas for air pollution prevention and control, and even eliminate the use of coal in the building materials industry, such as coal-fired heating, drying furnaces (kilns), and fuel gas generators; Accelerate the promotion of energy-saving and carbon reduction technology and equipment.


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