Fine chemicals will become the main competitive field

The chemical industry occupies an important position in China’s national economy. The chemical industry involves many branches such as oil refining, metallurgy, energy, environment, medicine, coal chemical industry and light industry. Its products are widely used in various fields such as industry, agriculture, and people’s lives. It plays a pivotal role in the economic industry chain. Since the "Twelfth Five-Year Plan", China's chemical industry has maintained rapid development, with rapid growth in industry revenue and profit scale. Data shows that as of the end of 2019, enterprises above designated size in the chemical industry have achieved main business revenue of 6.89 trillion yuan; total profits of 397.44 billion yuan . As the quality and efficiency of the industry continue to accelerate, the structure of the chemical industry is more reasonable and perfect, the loss of the industry continues to improve, and the profitability continues to increase.

Since 2010, the output and consumption of major products in China’s chemical industry have maintained rapid overall growth. According to the National Bureau of Statistics, in 2019, China’s output of sulfuric acid, caustic soda, and ethylene was 89.357 million tons, 34.644 million tons, and 20.523 million tons, respectively. Compared with 2010, the increase was 13.82%, 66.02% and 44.64% respectively. In the future, with the continuous adjustment and upgrading of my country's chemical industry, the structure of chemical products will be further optimized, and the industry supply and demand pattern is expected to continue to improve.


Fine chemicals will become the main competitive field

Fine chemicals are the products of further deep processing of basic chemicals. They have the characteristics of high technical density, high added value, and fast product updates. The application fields cover pesticides, dyes, coatings, pigments, reagents and high purity substances, food and feed additives, high Many industries such as molecular materials. The development of the fine chemical industry is highly dependent on technological innovation, which is the strategic focus of the world's chemical industry development. Strengthening technological innovation, adjusting and optimizing the structure of fine chemical products, focusing on the development of high-performance, specialized and green products, has become the current world fine chemical industry Important development measures are also the key direction of China's chemical development in the future.


Energy conservation, environmental protection and production safety policies have become stricter, and industry integration, transformation and upgrading have been accelerated

In recent years, the country has vigorously carried out environmental protection management work. With the gradual implementation of environmental protection review work, chemical companies have had to improve equipment and invest funds, and outdated production capacity that does not meet environmental protection standards has been eliminated one after another, and the industry has begun to show signs of industrial integration. Under the high pressure of the dual policy of stricter environmental protection and safety production supervision, chemical companies with substandard production, smaller scale, and backward technology will accelerate their withdrawal from the market, and the speed of industry integration will accelerate significantly.


Green chemical industry and recycling chemical industry will be the main development direction

At present, the development of circular economy in the chemical industry has gradually become a global consensus, and it is also a major strategic decision for China’s economic and social development. In the context of increasingly severe environmental protection, China is vigorously promoting the strategic thinking of sustainable development, and promoting green chemicals and recycling. The concept of chemical production.