Industry information

　　At present, China has become a large chemical products manufacturing country in the world. It is expected to maintain a high growth rate and further expand its influence in the future. However, from the development trend of chemical industry, there is still a large space for development in the field of fine chemical industry in China. Fine chemical industry is a strategic focus in the development of chemical industry all over the world, and it is also an important development direction of China's chemical enterprises.

　　Development status of fine chemical enterprises

　　At present, most of China's fine chemical enterprises have backward equipment, long technology R & D cycle, insufficient R & D efforts, insufficient capital investment, and have not yet formed a perfect innovation system. There are very few practical fine chemicals with low innovation and core competitiveness.

　　At the same time, the concentration degree of fine chemicals is very low, most enterprises are scattered development, and it is difficult to produce high-level fine chemicals. The fine chemical industry should be highly integrated with the development of information technology, but at present, the domestic fine chemical industry is still in an embarrassing situation of survival, and there is no time to consider informatization, which seriously restricts the benign development of fine chemical industry.

　　Moreover, most of the enterprises are "profit-making" and do not consider environmental pollution at all, resulting in a lot of waste of resources. The huge cost of processing "three wastes" has become a heavy economic burden for the fine chemical industry. It can be said that environmental pollution has not only become a great challenge for human sustainable development, but also the biggest obstacle restricting the development of elaborate chemical industry.

　　Fine chemical products supply

　　According to the 12th Five Year Plan issued by the state, the self-sufficiency rate of domestic fine chemical industry needs to reach more than 80% by 2015. However, from the perspective of the current self-sufficiency rate of fine chemical industry, a large amount of capital and technology investment is still needed. Due to technical and other reasons, the progress of fine chemical industry and new chemical materials in new field in China is slightly lagging behind. The self-sufficiency rate in fine chemical industry is 70% - 75% in new fields, less than 50% in electronic chemicals and other fields, and in new chemical materials, the domestic self-sufficiency rate only hovers between 55% and 60%. The higher the self-sufficiency rate is, the lower the domestic technology is.

　　Moreover, the structure of fine chemical products in China is not very reasonable. At present, the domestic production of new chemical materials is mainly low-grade products, and the high-end products mainly rely on imports, for example, the price of imported polytetrafluoroethylene is about twice the price of export polytetrafluoroethylene.

　　The new chemical materials produced in China are mainly general-purpose products, but lack of specific products for market segments. For example, among the four categories of silicone materials (silicone rubber, silicone oil, silicone resin, silane coupling agent), there are 6000-8000 specific varieties and brands in developed countries, while there are only dozens in China.

　　In addition, the market of some environmental protection products is still in its infancy. Because China has not yet imposed environmental taxes on non biodegradable ordinary plastics. Compared with traditional plastics, the cost of degradable plastics is higher, and the market of degradable plastics is still in the early stage of development; as a developing country, HCFC which has less destructive effect on ozone layer is still the main ODS substitute in China, and HFC which has no destructive effect on ozone layer should be gradually replaced in the future.

　　Prospect forecast of fine chemical industry

　　It is precisely because of the above deficiencies that China's fine chemical industry will have more development prospects in the future. With more and more multinational enterprises investing and building factories in China, the continuous expansion of scale and the introduction of advanced preparation technology will certainly bring about the continuous growth of China's fine chemical market supply.

　　According to statistics, in 2015, the total industrial output value of China's fine chemical industry was about 370.1 billion yuan, an increase of about 10% compared with 2014. According to the current development momentum, it is estimated that the total industrial output value of the industry will reach about 5.9 trillion yuan by 2021, and there is still a large space for growth.