Silicone resin plays an important role as a raw material or auxiliary material for new materials. At present, the demand for high-nickel ternary materials and lithium iron phosphate cathode materials for lithium batteries in the frontier market has increased significantly. Leading companies have become important participants in the global lithium battery supply chain, and at the same time have driven the demand for upstream chemical raw materials.
The application scenarios of bio-based plastics such as PLA (polylactic acid) in the field of packaging, automobiles and medical care are rapidly expanding.
Driven by the policy of plastic pollution control, the market demand for degradable plastics has increased sharply. Biodegradable plastics including PLA and other materials are widely used in disposable packaging, agricultural films and catering industries.
Electronic chemicals, such as semiconductor photoresists, will reach 4.4 billion yuan in the domestic semiconductor photoresist market in 2025, among which the localization rate of KrF and ArF photoresists will increase significantly.
High-purity wet chemicals such as high-purity ammonia, hydrofluoric acid and sulfuric acid are key materials used for cleaning and etching in the chip manufacturing process, and their purity directly affects the yield rate of the chip. In 2024, the domestic high-purity wet chemical market will exceed 30 billion yuan, with an annual growth rate of 18%.
Carbon fiber in high-performance materials has a rapidly growing demand in aerospace, rail transit, wind turbine blades and other fields due to its light weight and high strength. In 2024, China's carbon fiber production will exceed 50,000 tons, and the localization rate will increase from 30% in 2019 to 60%.
Demand in the fields of protective clothing, electronics and automobiles has increased significantly. Sinochem International and other companies have launched high-strength para-aramid through independent research and development to meet national defense and industrial needs.