Analysis of Development Characteristics, Situation and Direction of China's Fine Chemical Industry

Fine chemical industry development characteristics

(I) The industry is relatively cyclical

China's fine chemical industry is an industry that is affected by economic fluctuations and policies, and has a strong cyclical nature. The periodicity of the industry maintains a large correlation with the cyclical growth of economic growth. Since 2008, the fine chemical industry has experienced financial year 2008. The major winds and waves of the crisis and the support of national policies in 2009 began to restore its normal development trend in 2010. The demand gradually recovered and the prosperity of the industry slowly picked up. Although China’s economy began to undergo structural adjustment in 2012, seeking quality and speed, While the fine chemical industry is maintaining its cyclical nature, the pace of development of the industry and its performance are still better than the performance of the entire economy.

(II) Development depends on technological innovation

The “Twelfth Five-Year Plan for Development of Petroleum and Chemical Industry” proposed for the first time the cultivation and growth of strategic emerging industries as the main task, and strived to form a number of growth points dominated by strategic emerging industries at the end of the “Twelfth Five-Year Plan” period. The rate of fine and specialty chemicals has increased to more than 45%. Related to this, new chemical materials, high-end specialty chemicals, biomass energy, bio-chemical and bio-based polymer materials, and new coal chemical industries have all been included in the development of the "Guidelines." The fine chemical industry has high technical barriers and requires companies to have strong new technology development capabilities, technology upgrade capabilities, and technology reserves. The company’s core technologies and continuous R&D capabilities are the source of its rapid growth. The key bridge for the transition from traditional fine chemical products to high-tech fine chemical products is technology, so technological innovation is an important productivity factor in the fine chemical industry.

(III) "Resource and Environment Pressure" and "Market Demand Potential" Make the Industry Development Face Dilemma

Most of the fine chemical chemical industry is a traditional “high energy consumption, high pollution” industry. As of 2012, the amount of wastewater, waste gas and solid waste discharged by the chemical industry accounted for 16% and 7% of the total industrial “three wastes” emissions of the country respectively. 5%, ranking first, fourth, and fifth, compared with foreign countries, China's fine chemical industry unit product energy consumption level is obviously high, and the emission treatment rate is obviously low, the rapid development of the industry is bound to bring resources and environmental problems. For example, the actual pharmacological efficacy of pesticides in China is only 35%, and the remaining 65% are discharged into the environment in the form of pollution sources.

The market demand potential requires the industry to accelerate development. In recent years, the large-scale outward transfer of heavy industry by developed countries has caused partial supply and demand for related products, creating opportunities for China's development of the fine chemical industry. Increasing domestic demand has also provided a broad market for the development of the fine chemical industry. How to harmonize the resource environment with the development of the industry is a major problem faced by the fine chemical industry.

(4) Multiple varieties and small batches

From the category and classification of fine chemicals, it can be seen that fine chemicals must have many varieties of characteristics. On the one hand, the use of fine chemicals has narrow applications and strong specificity. In particular, special-purpose products and special-formulation products are often one type of product that can have a variety of brands. In addition, products of the same chemical composition, through various functional properties imparted by different functionalities, have obvious specificity, gradually forming multiple specifications, serialization of products, and increasingly increasing product variety, such as active carbonic acid fishing. It is the product of the surface treatment of light and heavy carbonic acid fishing activators, and the product is updated quickly. The dosage is not very large, which will inevitably lead to the characteristics of fine chemicals with many varieties and small batches. Many varieties are not only a feature of chemical production, but also an important symbol for evaluating the comprehensive level of fine chemicals.

(5) High pressure and high cost of energy saving and emission reduction

The fine chemical industry is an industry that emits concentrated pollution. China and the international community are increasingly concerned about environmental protection. The frequent occurrence of bad weather since 2012 has made us increasingly aware of the importance of environmental protection, environmental protection, and the development of the chemical industry. The contradictions have risen sharply, and traditional high-input, high-consumption, high-emission, and low-efficiency economic growth methods are in urgent need of change. This is a request for the transformation of the fine chemical industry, as well as energy-saving and emission reduction, and the inclusion of energy-saving and emission-reduction policies. All these have brought great pressure on the fine chemical industry and also increased the cost of the industry operation.