The chemical industry is an important industry related to the country's economic lifeline and strategic security. Since 2010, my country's chemical production has ranked first in the world, accounting for 40% of global production in 2018. At the same time, my country's chemical industry is gradually shifting from "high pollution and high risk" to "green and high-end" direction.
The global chemical industry is facing challenges such as the global economic slowdown, overcapacity, price fluctuations, product innovation, industrial layout, and cross-border knowledge and technology integration. The chemical industry needs to improve comprehensive competitiveness such as speed, innovation, quality, and cost to achieve high-quality development.
Chemical industry parks are important carriers for the development of the chemical industry. It can achieve intensive utilization of resources, reduce environmental risks, and enhance industrial competitiveness. In 2021, there were 195 national-level chemical industrial parks across the country, with a total output value of 5.2 trillion yuan, accounting for 79.2% of the total chemical output value.
The chemical equipment industry is closely related to the development of the chemical industry. Provide various equipment and services for the production, transportation, storage and utilization of chemical products. The chemical equipment industry covers a wide range of fields, such as petrochemical equipment, coal chemical equipment, fine chemical equipment, new material equipment, etc.
In 2021, the demand for chemical equipment will show a downward trend due to factors such as the COVID-19 epidemic, environmental protection policies, and trade frictions. However, as domestic and foreign markets gradually recover, demand for chemical equipment is expected to rebound in 2021.
The investment prospects of chemical equipment plants in 2022 are mainly affected by the following factors:
Policy support for the development of the chemical industry and chemical equipment industry. For example, it is proposed to promote the green and intelligent transformation of the chemical industry, accelerate the development of new materials and new energy, and support the construction of major projects and industrial bases. The "Guiding Opinions on Promoting the High-Quality Development of the Equipment Manufacturing Industry" proposes to strengthen the innovation and upgrading of key equipment such as petrochemical and coal chemical industries.
Import substitution trend of high-end chemical equipment. my country's chemical equipment industry still lags behind developed countries in terms of technical level, product quality, and service capabilities. There is a big gap in high-end equipment such as large ethylene cracking furnaces, large propylene dehydrogenation reactors, and large coal-to-olefins reactors. As domestic R&D and manufacturing capabilities improve and trade barriers increase, import substitution will become a major trend in the future.
Market demand for new materials and new energy. New materials and new energy are important strategic emerging industries with broad application prospects and huge market potential. It is also an important area for the development of the chemical industry and chemical equipment industry.
