Para-aramid, fluorinated workers, electrical grade films and other new material industries have very broad development space

The projected compound annual growth rate of engineering plastics in the next five years is expected to be approximately 8.7%. Polyurethanes will develop steadily. Fluorine chemical industry will have a broad space for future development. China has become the largest consumer of organic silicon. The potential for the development of para-aramid and carbon fiber industries in China is huge; the global supply of meta-aramid fibers is in short supply, but domestic supply and demand have been balanced; currently domestic demand for high-strength and high-mode polyethylene fibers is insufficient. In the next two years, electrical grade BOPP film will develop rapidly, and strategic emerging industries will provide a vast market for capacitor development.

Industrial chain control has increasingly become the strategic focus of companies

After a certain degree of development, listed companies have already established a certain market position in the industry, and also have a certain degree of financial strength. The control and extension of the industrial chain has become the focus of strategic layout of major companies. Most companies participating in the conference such as Tongyuan Petroleum, Yantai Wanhua, Tianma Refinement, or the extension and integration of upstream and downstream industry chains.

New products, new business bring new development

When a single or series of products gains a firm market position, it is an inevitable choice to develop new products to find new profit growth points, and to diversify the market risk of a single product. Among the participating companies, Blonde Technology, Fluorine and Tungsu Science and Technology are among the representatives. After Golden Tech has consolidated its leading position in the field of modified plastics, it has made great progress in new chemical materials in recent years. The fluorinated polyphosphates are in cryolite and fluorine. In addition to aluminum, Lithium has opened up its second business of lithium materials, with significant results, and Dongcao Science and Technology also has abundant reserves of functional polymer materials and fine chemical materials.

Under the transition economy, the importance of independent innovation is highlighted

Similar to the traditional chemical industry technology, most of the products are in the state of overcapacity and the fluctuation of performance is large. Enterprises with independent intellectual property rights can build a moat, and the market has a more competitive advantage. The participating companies have paid great attention to R&D investment and established a good market position in their respective subdivided fields, such as Tongyuan Oil's composite perforating and deflagration fracturing technology, Yantai Wanhua MDI production technology, and production technology of polyfluoride lithium hexafluorophosphate. The refined solvent-free AKD production technology of Tian Ma is at the leading level both at home and abroad, with few competitors in the market and high profitability and stability.

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