China New Chemical Material Industry Prospects and Investment Strategy Report, 2013-2017

This report mainly analyzes the following aspects: definition, policy environment and economic environment of China new chemical material industry; supply and demand condition of basic chemical raw material market; operation and competitive status of new chemical material industry; market demand prospect of advanced polymer materials, high-performance composite materials and inorganic chemical materials; regional market prospect of new chemical material industry; operation analysis of leading new chemical material corporations; investment strategy planning of new chemical material industry. Meanwhile, together with the comprehensive and detailed market data which is accumulated for years, Forward helps you to grasp the market and development trends of new chemical material industry, so as to win advantages from competition!

New chemical material is an important part of new material industry as well as the most active and potential field of basic chemical industry. New chemical material industry plays a significant role in domestic resources bottleneck breakthrough, environmental protection, industry structure adjustment and stable fast and sustainable development of petrochemical industry. China crude oil external dependency in 2011 has exceeded 55% which is the third consecutive year to over 50%. It is predicted that the external dependency will reach 67% by 2020. Energy utilization rate of domestic petrochemical industry is averagely 15% less than that of developed countries and energy consumption in some corporations is 20% to 30% higher. There is an obvious structural inconsistency for domestic petrochemical products. More than 65% total output value formed by petroleum and nature gas exploitation, petroleum refining and primary processing products like basic chemical raw materials and fertilizer which can hardly meet the demand of related industry.

Supporting Policies

New chemical material is one of the emerging industries in the field of low carbon economic which with governments’ great encouragement and supporting. New chemical material industry is the leading industry in national economy according to

Decisions on Speed Up Cultivation and Development of Strategic Emerging Industry and The “Twelfth Five Years” Development Plan for New Material Industry. Moreover, the Outline of the “Twelfth Five Years” Sci-tech Development Plan for Petrochemical proposes that by 2015 gap of overall technology merit for high-end new chemical material between China and developed countries will be 10 years narrowed and the technology merit will reach the international advancing level of the turn of the century. Major development fields of new chemical material which proposed in The “Twelfth Five Years” Development Plan for Petrochemical Industry include: special synthetic rubber, engineering plastics, high-performance fibers, fluorosilicone materials, biodegradable materials, functional membrane materials, functional polymer materials and composites.

Broad Development Space for New Chemical Material Market

There is a huge market gap for current domestic new chemical material market. Imports take up most of the market share. The overall self-sufficiency rate for domestic new chemical material is about 56%, among which it is 52% for new fields, 35% for engineering plastics and 30% for special rubber. Generally speaking, new chemical material products will experience the fluctuation of product gross profit margin and improvement of imports substitution rate. During the imports substitution of new chemical material we can find the following performances: most products are oversupply while some are in short supply; for the corporations which handle the core technology expanse of production capacity will gain the directly proportional profit to the investment; most corporations will fast develop. High barriers bring high revenue. Gross profit margin of high-end new chemical material products is over 70% which is far exceeded the average industry profit of 15% for bulk chemicals.

In general market prospect for China new chemical material industry is fine. Growth rate of product market in current years keep higher than that of GDP. Growth rate for some significant new material markets even exceeds 20%. If take the price increasing trend for general chemical raw material, steel and non-ferrous metal and the strengthen idea of plastic replacing steel into consideration, new chemical material will play a more important role to substitute engineering material and daily necessities material. Thus the market space is hopeful to further enlarge.

This report mainly analyzes the following aspects: definition, policy environment and economic environment of China new chemical material industry; supply and demand condition of basic chemical raw material market; operation and competitive status of new chemical material industry; market demand prospect of advanced polymer materials, high-performance composite materials and inorganic chemical materials; regional market prospect of new chemical material industry; operation analysis of leading new chemical material corporations; investment strategy planning of new chemical material industry. Meanwhile, together with the comprehensive and detailed market data which is accumulated for years, Forward helps you to grasp the market and development trends of new chemical material industry, so as to win advantages from competition!

Major characteristics of this report are forward-looking and timeliness. Base on the forward-looking analysis of massive research data, we further analyze the development scale and competitive landscape of new chemical material industry. Along with the industry development route and our practical experience, we analyze and predict the future development prospect of new chemical material industry. This report contains a high value for enterprises like new chemical material producing corporations, R&D institutions, sales corporations and investment corporations to accurately know the latest industry development trend, obtain market opportunities and determine an insightful operation strategy and development direction.

Here, we’d like to express our sincere gratitude to National Bureau of Statistics of China, International Information Institute, National Institute of the Ministry of Commerce, National Tsing Hua University Library, Institute of Market Economy of the State Council Development Research Center, and Beijing Qinghua Forward Market Research Center, etc. Thank you so much!

Notice: all the market data, especially the corporation list data in this report is only for business reference. Please don’t take the data for enterprise publicity. Thank you! Or Forward shall not take any responsibility for any consequences!

Qianzhan Business Information Co., Ltd. Industry Research Center
Research Team of New Chemical Material Industry