With the promotion of supply-side reform, the market for low-end products with low grade, high cost and poor efficiency in the petrochemical industry is shrinking along with consumption upgrading and social development.Products and services with high energy consumption, high emissions and low quality are being phased out at a faster pace, and high-end, differentiated and green products are increasingly favored by consumers.
Accelerating supply-side structural reform, increasing effective supply and replacing and eliminating low-end and ineffective supply have become the main line of structural adjustment and upgrading in China's petroleum and chemical industry.
At present, new chemical materials in China are breaking through in the direction of high-end and differentiation.
As a strategic emerging industry, new chemical materials industry is also an important industry supporting high-end industries such as new energy, electronic information, aerospace, rail transit and high-end equipment manufacturing, representing a country's industrialization level and technological innovation capacity.
With the efforts of the enterprise, China chemical new material industry in advanced polymer materials, high performance resin, special synthetic rubber, high performance fiber, functional membrane materials, electronic chemicals and a series of important areas has made breakthrough progress, has developed the magnitude of T800 carbon fiber, polycarbonate, engineering plastics, isoprene rubber, aramid fiber, such as high-end materials, domestic supply capacity.
A few products such as MDI have also reached the international advanced level. Technological innovations in cutting-edge areas such as graphene, nanomaterials, 3D printing materials and advanced membrane materials are in the ascendant, and a number of innovative new chemical material enterprises and scientific research institutions have emerged.