Development Trend of New Materials
Release time:
2023-10-26
Source:
The output value of the world's material industry is growing at a rate of about 30% per year. New chemical materials, microelectronics, optoelectronics, and new energy have become the most active, fastest-growing, and most promising new material fields for investors. Material innovation has become a promotion One of the important driving forces for the progress of human civilization has also promoted the development of technology and the upgrading of industries.
New chemical materials are one of the emerging industries in the field of low-carbon economy supported by the state. According to the decision on accelerating the cultivation and development of strategic emerging industries and the 12th Five Year Development Plan of new materials industry, the new chemical materials industry has become the leading industry of the national economy. The outline of the 12th Five Year Plan for science and technology development of petroleum and chemical industry proposes to strive for 2015, the gap between the overall technical level of domestic high-end new chemical materials and developed countries has narrowed to about 10 years, reaching the international advanced level at the beginning of this century. The 12th five-year Development Plan of Petrochemical and Chemical Industry proposes the development of new chemical materials in the 12th five-year Plan, including special synthetic rubber, engineering plastics, high-performance fibers, fluorosilicone materials, degradable materials, functional film materials, functional polymer materials and composite materials.
There is a huge market gap in the domestic chemical new materials market. Imports account for most of the domestic market share. The overall self-sufficiency rate of domestic chemical new materials is about 56%. Among them, the self-sufficiency rate of new chemical materials in new fields is only 52%, and the self-sufficiency rate of engineering plastics and special rubber is only 35% and 30%.
New chemical materials products will experience fluctuations in product gross margins and rising import substitution rates. In the process of import substitution of new chemical materials, the contradiction of oversupply of most products is not prominent, and some products are in short supply. The production capacity expansion of enterprises with core technology can obtain profits proportional to investment, and most enterprises can achieve sustained and rapid growth. High barriers bring high returns, cutting-edge chemical new material products gross margin of more than 70%, far more than the bulk chemicals about 15% of the industry average profit.
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2023-10-26
2023-10-26
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