Future prospects of the chemical industry

In recent years, with the continuous improvement of China's economic strength, various industries have achieved leapfrog progress, which has attracted more multinational enterprises to invest and build factories in China. As a result, many advanced preparation technologies have also been introduced synchronously, among which the fine chemical industry is one of them. According to data from the Forward looking Industry Research Institute, the total industrial output value of large-scale fine chemical enterprises in China reached 2957.6 billion yuan in the first three quarters of 2013, which was 18% higher than the full year of 2012. It is estimated that the industrial output value for the whole year of 2013 was around 3.5 trillion yuan; The industry is expected to maintain a growth rate of around 20% from 2014 to 2018, and the total industrial output value of the industry may exceed 4 trillion yuan in 2014.

Fine chemical industry plays a crucial role in the chemical industry. The development of fine chemical industry can directly provide catalysts, additives, special gases, special materials (anti-corrosion, high temperature resistance, solvent resistance), flame retardants, membrane materials, various additives, industrial surfactants, environmental protection and treatment chemicals, etc. for the production and processing of the three major synthetic materials (plastics, rubber and fibers) in petroleum and petrochemical industry, as well as the production of agricultural chemicals, ensuring and promoting the development of petroleum and chemical industry; In addition, the development of fine chemicals can improve the processing depth of the chemical industry, thereby further enhancing the economic benefits of large oil and chemical companies.

The continuous growth of the industry is bound to bring more development opportunities for excellent enterprises in the industry. As a well-known chemical enterprise in China, Jinan Haohua Industry is also deepening its main business while constantly exploring products in the field of fine chemicals. While taking into account the domestic market, it actively explores international trade. In the current severe international situation, the future prospects of fine chemicals are also full of opportunities and difficulties.