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    Home > Chemicals Industry > China Chemical > Strong demand in downstream fields, chemical industry boom is expected to continue

    Strong demand in downstream fields, chemical industry boom is expected to continue

    • Last Update: 2021-09-30
    • Source: Internet
    • Author: User
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    In the first half of the year, the revenue and profit of the chemical industry increased significantly.
    With the arrival of the "Golden Nine and Silver Ten", many downstream applications also usher in strong demand, and the chemical industry is expected to maintain an upward trend
    .


    Wind data shows that as of the close of the market on September 17, the Shenwan chemical sector rose more than 55% during the year


    At the performance level, from the performance of the first half of 2021, the overall revenue and profits of listed companies in the chemical industry have increased significantly during the reporting period
    .


    The research report of Tianfeng Securities pointed out that in the first half of the year, listed companies in the basic chemical industry achieved operating income of 1351.
    6 billion yuan during the period, an increase of 41.
    1% year-on-year, operating profit of 191.


    The analysis of Wanlian Securities pointed out that in the first half of the year, the revenue and net profit of many secondary sectors of the chemical industry maintained a growth trend.


    Among them, the four major sectors of agricultural chemicals, chemical fibers, chemical raw materials, and other chemical products had the most outstanding performance in the first half of the year.


    It is worth mentioning that under the background of the policy of “carbon peak and carbon neutrality”, the new energy field represented by the lithium battery and photovoltaic industry chain has ushered in a broad space for development.


    The front end of the industry chain is mostly based on traditional chemical products.


    According to the analysis of CITIC Construction Investment, the booming development of the photovoltaic industry has promoted the application of silicon materials and photovoltaic modules, thereby driving the upstream demand for chemical products such as trichlorosilane and EVA resin (ethylene-vinyl acetate copolymer)
    .


    In addition, 2021 is the year of the outbreak of the new energy vehicle industry chain, and it is expected that the sales of new energy vehicles will continue to maintain a relatively high growth rate by 2025


      Bank of China Securities believes that the overall performance of the chemical industry in the first half of 2021 will be good, and corporate revenue and profitability will be greatly improved
    .


    In the second half of the year, domestic and foreign demand will continue to recover, especially the "dual carbon" strategy is expected to enter a period of intensive implementation of policies such as the implementation plan.
    The increase in concentration will be the main tone of the future development of the chemical industry



      

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