Analysis on the status quo and development Trend of fine chemical Industry in 2020

Shortage of raw materials! The price of this chemical has to go up again!
Shortage of raw materials! The price of this chemical has to go up again!
19/10/2020
The specialty chemicals industry is expected to return to growth next year!
The specialty chemicals industry is expected to return to growth next year!
21/10/2020
Analysis on the status quo and development Trend of fine chemical Industry in 2020
Analysis on the status quo and development Trend of fine chemical Industry in 2020

Analysis on the status quo and development Trend of fine chemical Industry in 2020

Fine chemical industry is a highly comprehensive and technology-intensive industry. In recent years, all countries in the world, especially industrialized countries, have taken the development of fine chemical products as one of the key development strategies for the upgrading and adjustment of traditional chemical industrial structure, and their chemical industry has been developing towards the direction of “diversification” and “refinement”. This paper will analyze the current situation and development trend of fine chemical industry in 2020.

Over the years, China has attached great importance to the development of the fine chemical industry, taking the fine chemical industry as one of the strategic priorities for the development of the chemical industry, which has been included in a number of national development plans and given preferential support from policies and funds. With the improvement of scientific research force and production capacity, fine industrial and Commercial Bank of China has been developed rapidly, and the rate of fine industry has been continuously improved. At present, fine chemical subdivision varieties are increasing day by day, its capacity, output, varieties and manufacturers are still growing.

However, compared with developed countries with a longer history of chemical industry development, the overall technical level of fine chemical products in China is still low, the core technology of fine chemical industry still lags behind the international advanced level to some extent, and the import dependence of fine chemical products with high performance, function and high added value is still high.

Compared with the level of fineness in developed countries, China’s fine chemical industry still has a large room for improvement. China’s fine chemical industry has not formed a complete industry system, the refinement rate is low. At present, the refined rate in developed countries is basically 60%~70%, while in China, it is only about half of the standard.

There are also fewer fine chemical products in China. At present, there are about 100,000 kinds of fine chemical products in the world, while there are about 20,000 kinds in China, only about 20% of the global variety. The total quantity is insufficient, the quality is also not stable, the specialization, the function, the high performance product lacks, is difficult to satisfy each market domain demand, also restricts the downstream industry especially the strategic emerging industry development.

For example, the field of high-end electronic chemicals is almost monopolized by foreign products. Some of the products at the front end of the industrial chain have achieved the world’s first place, but the further downstream we go, there are fewer varieties and the total amount is insufficient. We can’t even get ahead in terms of quantity, let alone quality.