echemi logo
Product
  • Product
  • Supplier
  • Inquiry
    Home > Medical News > Latest Medical News > The demand for chemical equipment has risen sharply in 2021, and the Shanghai Chemical Equipment Expo is scheduled to exceed 80%

    The demand for chemical equipment has risen sharply in 2021, and the Shanghai Chemical Equipment Expo is scheduled to exceed 80%

    • Last Update: 2022-05-06
    • Source: Internet
    • Author: User
    Search more information of high quality chemicals, good prices and reliable suppliers, visit www.echemi.com
    [Pharmaceutical Network Exhibition Report] In recent years, after the chemical industry has experienced the pain of "shutting down and turning around", at the beginning of 2021, chemical enterprises are ushering in a new round of "small sunshine" after transformation and upgrading
    .

    The chemical industry has entered a favorable cycle, and the industry's performance has been gratifying.
    Since the fourth quarter of 2020, under the pro-cyclical market of the chemical industry, the rise in product prices has promoted the high growth of related companies' performance
    .

    After entering 2021, the prosperity of the chemical sub-industry is quite high, and the prices of plastics, PTA, ethylene glycol, n-butanol and other commodities have all risen
    .

    On April 6, more than 47 listed companies in the chemical industry have disclosed their first-quarter performance forecasts.
    Except for Hongda New Materials, which continued to lose money, the remaining 46 listed companies reported positive results (pre-increase, turnaround, and slight increase).
    ), the pre-happy ratio is as high as 97.
    87%
    .

    Among them, Luxi Chemical expects that its net profit in the first quarter will increase by more than 50 times, Tiantie expects its net profit to increase by more than 60 times in the first quarter, and DFD expects its net profit to increase by more than 70 times in the first quarter
    .

    Factors such as product price increases, strong demand and the release of new production capacity have boosted the performance of related companies
    .

    At the same time, from the current point of view, the performance level in the second quarter will continue to improve sequentially
    .

       Affected by the epidemic and "reverse globalization" in 2020, China's listed chemical companies not only maintained their investment intensity, but also recorded a good market share against the background of "supply and demand mismatch" rate, and gradually strengthen the industry's pricing power
    .

    Against this background, the profitability and space of China's listed companies are expected to be further improved in the future, and China's chemical industry is expected to further enhance its global influence in 2021
    .

       From a longer-term perspective, China's chemical industry may also become the target of global investment.
    Coupled with the huge monetary policy represented by the United States, global liquidity is expected to favor investment in countries with relatively well-controlled epidemics represented by China, among which chemical industry.
    The industry may become a highly profitable investment target
    .

       The demand for chemical equipment is strong, and 80% of the industry exhibition is scheduled.
    On the one hand, the demand for chemical products has increased and prices have risen, and chemical companies have increased production capacity and improved processes; on the other hand, a number of large-scale chemical projects have been launched one after another.
    The continuous release of demand for the upstream equipment manufacturing industry is quite beneficial
    .

       From the CTEF 2021 Shanghai International Chemical Equipment Expo Organizing Committee, we can already fully feel the signs of warmer market conditions
    .

    Ma Yuzhu, the person in charge of the exhibition, said, "This year, the enthusiasm of chemical equipment companies to participate in the exhibition has increased significantly.
    At present, the booth reservation has exceeded 80%, and the progress is about 2 months faster than in previous years.
    We are still considering adding another exhibition hall to meet the needs of more
    It is reported that the 2021 Shanghai International Chemical Equipment
    Expo will be held at the Shanghai New International Expo Center from August 25 to 27
    .

    The exhibition is an annual meeting of the chemical industry, covering complete sets of chemical plants, powder equipment, conveying equipment, separation and filtration, evaporative crystallization, drying equipment, microreactors, fermentation and pharmaceutical machinery, industrial refrigeration, heat exchangers, instrumentation and automation , storage and transportation packaging and pressure vessels, safety explosion-proof, wastewater treatment, waste gas treatment, solid waste treatment, pumps and vacuum equipment, valves, seals, fans, compressors, new chemical materials and other chemical equipment new technologies, new processes, new products , which can meet the one-stop procurement needs of chemical production enterprises
    .

    It is expected that more than 1,000 exhibitors will participate in the exhibition, and more than 100,000 people will visit and purchase, which will promote exchanges and cooperation between the upstream and downstream chemical industry chains and boost the high-quality development of the chemical industry
    .

       For exhibition consultation, please refer to the relevant information below to download 
    This article is an English version of an article which is originally in the Chinese language on echemi.com and is provided for information purposes only. This website makes no representation or warranty of any kind, either expressed or implied, as to the accuracy, completeness ownership or reliability of the article or any translations thereof. If you have any concerns or complaints relating to the article, please send an email, providing a detailed description of the concern or complaint, to service@echemi.com. A staff member will contact you within 5 working days. Once verified, infringing content will be removed immediately.

    Contact Us

    The source of this page with content of products and services is from Internet, which doesn't represent ECHEMI's opinion. If you have any queries, please write to service@echemi.com. It will be replied within 5 days.

    Moreover, if you find any instances of plagiarism from the page, please send email to service@echemi.com with relevant evidence.