[ppzhan Abstract] Specialty paper has become the darling of the market due to its high added value and high gross profit margin, but the development of the domestic specialty paper industry is relatively lagging behind, and it is urgent to improve in many aspects such as product technical content and speed of replacement.
According to statistics, the global specialty paper market has a capacity of 14 to 16 million tons in 2011. According to industry insiders, specialty papers will show rapid growth in the next 3-5 years, especially in China and India. Everbright Securities believes that special paper, as a growth segment of the paper industry, is expected to benefit from the accelerated development of the “12th Five-Year Plan†new materials plan in the future, and the industry is gestating investment opportunities.
However, China's specialty paper industry is currently lagging behind. According to statistics, the US market capacity in 2009 was 3.04 million tons. In 2011, China's specialty paper sales were 1.79 million tons, only 60% of the US capacity in 2009. In 2002, the proportion of specialty papers in China was 2.5%, and in 2011 it fell to 1.8%. However, mature papers account for 5%-6% of mature countries. In addition, the composite growth rate of the domestic paper industry in 2000-2011 was 9.6%, while that of specialty paper was only 7.6%.
The analysis believes that the current production of domestic specialty paper is very low, far from meeting the needs of the use of Chinese specialty paper. However, due to the wide application range of specialty papers and high performance and added value, the technical support of domestic small and medium-sized specialty paper mills by research institutions is not very common, which has certain obstacles in the development of Chinese specialty papers. At present, the development of the domestic specialty paper industry is still relatively lagging behind, and it is urgent to improve in terms of product technology content, market consumption direction and product upgrading.
According to statistics, the global specialty paper market has a capacity of 14 to 16 million tons in 2011. According to industry insiders, specialty papers will show rapid growth in the next 3-5 years, especially in China and India. Everbright Securities believes that special paper, as a growth segment of the paper industry, is expected to benefit from the accelerated development of the “12th Five-Year Plan†new materials plan in the future, and the industry is gestating investment opportunities.
However, China's specialty paper industry is currently lagging behind. According to statistics, the US market capacity in 2009 was 3.04 million tons. In 2011, China's specialty paper sales were 1.79 million tons, only 60% of the US capacity in 2009. In 2002, the proportion of specialty papers in China was 2.5%, and in 2011 it fell to 1.8%. However, mature papers account for 5%-6% of mature countries. In addition, the composite growth rate of the domestic paper industry in 2000-2011 was 9.6%, while that of specialty paper was only 7.6%.
The analysis believes that the current production of domestic specialty paper is very low, far from meeting the needs of the use of Chinese specialty paper. However, due to the wide application range of specialty papers and high performance and added value, the technical support of domestic small and medium-sized specialty paper mills by research institutions is not very common, which has certain obstacles in the development of Chinese specialty papers. At present, the development of the domestic specialty paper industry is still relatively lagging behind, and it is urgent to improve in terms of product technology content, market consumption direction and product upgrading.
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