Analysis of the development status and competition pattern of China's new chemical materials industry

With the continuous development of science and technology, the new chemical materials industry, as an important pillar industry of the national economy, is closely related to the level of development and people's quality of life. In recent years, the new chemical materials industry has been developing rapidly, and new technologies and products are constantly emerging, which have a profound impact on the global economy.

Overview of new chemical materials industry

New chemical materials refer to new chemical materials developed at this stage that have excellent performance or some special functions that traditional chemical materials do not have. Compared with traditional materials, new chemical materials are characterized by light weight, excellent performance, strong functionality, high technology content and high added value.

Divided according to industrial categories, new chemical materials mainly include three major categories: first, high-end chemical products in new fields, second, high-end varieties of traditional chemical materials, and third, new chemical materials produced through secondary processing. Mainly includes engineering plastics, functional polymer materials, organosilicon, organofluorine, special fibers, composite materials, electronic chemical materials, nano-chemical materials, special rubbers, polyurethane, high-performance polyolefins, special coatings, special adhesives, special auxiliaries and other more than a dozen categories of varieties.

New chemical materials industry policy

As a basic and pillar strategic industry, new chemical materials are the forerunner of high technology. China issued two editions of “Key New Materials First Batch Application Demonstration Guidance Catalog” in 2019 2021 respectively to vigorously support industrial development.

Local governments and authorities have formulated a number of local industrial policies for new chemical materials. For example, Beijing, Inner Mongolia, Anhui, Hebei, Guangdong and many other provinces (autonomous regions and municipalities) and municipalities separately listed in the plan have also issued new chemical materials/new materials industry guidance, development planning, action plans, implementation programs, highlighting local characteristics to promote the rapid development of the new chemical materials industry, and some local governments have also been specifically identified on new materials enterprises, especially the first batch of new materials insurance compensation mechanism has been vigorously promoted.

Analysis of new chemical materials industry chain

The upstream of the new chemical materials industry chain includes basic raw materials, such as crude oil, coal, natural gas, etc., as well as chemical auxiliaries and monomer intermediates such as ethylene, propylene, paraxylene, caprolactam, etc.; the midstream is the manufacturing of new chemical materials, which is divided into three categories according to the industrial category: firstly, the high-end chemical products in the new field, secondly, the high-end varieties of the traditional chemical materials, and thirdly, the new chemical materials produced by the secondary processing, which specifically Including engineering plastics, high-end polyolefin plastics, polyurethane materials, fluorosilicone resins, special synthetic rubber, high-performance fibers, functional membrane materials, electronic chemicals (lithium battery materials, semiconductor materials, advanced display materials), nano-chemical materials, special coatings, special adhesives, special auxiliaries, and so on more than a dozen major categories of varieties; downstream for the application market, including electronic information, new energy, automotive industry, medical, Aerospace, etc.

Development status of new chemical materials

In recent years, the development of the global new chemical materials industry as a whole has entered a stage of high technology leadership, fast product iteration, and expanding industrial scale and demand. 2019-2021, the global new chemical materials market size is a fast-growing trend, and by 2021 the global new chemical materials market size has grown to about 3.5 trillion yuan. From the point of view of the main subcategories, the market size of engineering plastics accounts for more than 18%, polyurethane materials account for more than 11%, electronic chemicals account for more than 8%, and high-end polyolefins, carbon fibers and aramid fibers all account for less than 1.5%.

China's new chemical materials industry has initially formed a more complete system of research and development, design, production and application, and has become a force to be reckoned with in the field of global new chemical materials and an important global market. From the point of view of the overall production of new chemical materials, from 2016 to 2022, the scale of China's new chemical materials production has been growing year by year, and according to the data of the Specialized Committee on New Chemical Materials of the China Petroleum and Chemical Industry Federation, in 2022, China's production capacity of new chemical materials exceeded 45 million tons, and the production exceeded 31 million tons.

From the point of view of China's new chemical materials consumption, 2016-2021 China's new chemical materials consumption rose year by year, the increase showed fluctuating change trend, in 2021, China's new chemical materials consumption increased by about 10% compared with the previous year; preliminary estimates, in 2022 China's new chemical materials consumption of more than 43 million tons.

The development of new chemical materials industry can not be separated from the leading role of the market, the development of new energy vehicles, biological, high-end equipment, new energy, environmental protection and energy saving, rail transportation and other industries urgently need a large variety of functional new chemical materials support. In recent years, China's new chemical materials have developed rapidly, and some of the industry's short boards have been supplemented; from the point of view of the overall self-sufficiency rate of new chemical materials products, in 2016-2022, China's new chemical materials self-sufficiency rate has been increasing, and preliminary estimates show that