< p > reporters learned from the nineteenth China International Chemical fiber conference that the global synthetic fiber production capacity will continue to expand at an annual average growth rate of 6.3%. It is estimated that the global capacity of synthetic fiber will reach 78 million tons by 2016.

Among them, polyester plays the role of "leader", will increase production capacity by 30%, far faster than demand growth, it is expected that polyester will soon face overcapacity problem.

< /p >

< p > the global chemical fiber industry is still growing and driving the rapid growth of synthetic fibers.

Data show that China's chemical fiber production capacity has continued to grow, and its share of the world's total output has increased from 50% in 2006 to more than 67% in 2012.

Among them, polyester products play a leading role, especially polyester filament products are developing rapidly, with the growth rate of 15%.

< /p >

< p > polyester and cotton are important a target= "_blank" href= "//www.pmae.cn/" > textile > /a > raw materials. In recent years, cotton price has been running relatively high, and the proportion of polyester used has increased rapidly, which has the most significant substitution effect on cotton.

According to the latest forecast data, the demand for synthetic fiber in the world is expected to reach 57 million 900 thousand tons in 2016, with an annual growth rate of 5%.

< /p >

< p > however, the productivity of synthetic fiber is increasing faster.

The latest forecast data show that its capacity will increase from 58 million tons in 2011 to 78 million tons in 2016, with an annual growth rate of 6.3%.

According to the specific varieties, by the year 2016, the production capacity of the global acrylic fiber and nylon filament will remain stable, and the production capacity of the polyester staple fiber is expected to increase from 18 million tons to 23 million tons, and the production capacity of polyester filament is expected to increase from 32 million tons to 45 million tons.

< /p >

The data of last year P have explained the rapid expansion of chemical fiber production capacity.

According to statistics, in 2012, the total output of the world's major fiber products reached 79 million tons, an increase of 3.1% over the same period last year, of which cotton production was 23 million tons, down 2% compared with the same period last year, while the output of chemical fiber was as high as 54 million 100 thousand tons, up 6% over the same period last year.

< /p >

< p > "in the next few years, the capacity of the global chemical fiber industry, especially the polyester industry, will have a serious surplus."

Duan Xiaoping, President of China Chemical Fiber Association, pointed out that China's chemical fiber industry accounted for more than 60% of the world's capacity. As the largest sub industry in the chemical fiber industry, the problem of excess capacity of polyester fiber will be particularly prominent.

< /p >

< p > 2012, China's polyester production was 30 million 570 thousand tons, accounting for 80.6% of the output of chemical fiber.

Xu Kunyuan, honorary chairman of the China Textile Industry Federation, said that the development of polyester industry depends on technological progress. In recent years, the localization of large capacity and ultra fine technology equipment has brought about the relative quality level improvement and the comparative cost reduction, which has attracted many enterprises to increase investment and the problem of overcapacity has become increasingly prominent.

< /p >