The strategic layout of global chemical giants in the field of new materials

It is understood that the upgrading of China's chemical industry will eventually focus on the upgrading of the new material industry, and new materials have become the ultimate extension direction of the chemical industry chain. Under the general trend of carbon neutrality, the transformation direction of many chemical companies is also concentrated in the field of new materials.

In addition, Pingtou Brother also noted that many coal chemical enterprises in the Northwest region, in order to achieve the development goal of carbon neutrality, an important upgrading direction is also to eventually extend the industrial chain to the field of new materials. The development of the new material industry not only supports the direction of the upgrading and transformation of China's chemical industry, but also determines the upgrading and transformation of China's industrial social goods.

People want to enjoy upgraded new products, behind the need for new materials industry huge support. From 5G to artificial intelligence to AR, without the support of new materials, it will not be possible to achieve final development. Therefore, new materials are also an important research field for Chinese chemical enterprises.

Compared with Europe and the United States, the development time of China's chemical industry is relatively short, so the development of many chemical enterprises will learn from the development experience of international chemical giants. Moreover, the development direction of international chemical giants in the field of new materials has also become the development direction of the global chemical industry, and the two complement each other.

However, in recent years, Pingtou Brother has seen that because the main shareholders of the international chemical giants are mostly professional investors in the chemical industry, they pay more attention to the short-term and immediate interests, so many chemical industry giants are successively stripping off non-core assets and transferring the development focus to the new material field of the extension of the industrial chain, so many chemical giants will take the new material industry as the high-end strategy of the enterprise.

Among the core assets divested, some industries were transferred to the main consumer market, as well as the industry gathering market. For example, global consumer electronics, display panels, new energy vehicles, photovoltaic and other industries have been transferred to China, which on the one hand reflects the existence of China as a major consumer market, on the other hand, it also takes into account the global accumulation and scale effect of the industry, such as the global photovoltaic industry is mainly in China.

It is precisely because of the non-core business divestiture of global chemical giants that it also provides huge opportunities for the development of China's chemical industry, such as sealing film and new materials in the photovoltaic panel industry, as well as COC products in the field of optical lenses, etc., "Blockbuster! China will break the ice in the field of mobile phone lens materials in 2021!" Click on the title to browse if necessary. Under such a general trend, China will gradually develop new material chemical enterprises with global influence in the future.

As the world's largest chemical company, BASF's strategic positioning and transformation have always been the benchmark of the industry. In the future, BASF's strategic development focus will mainly focus on coatings and catalysts, which will also fully reflect BASF's advantages in fine chemicals. In addition, for the new materials business, BASF's future strategic positioning will mainly focus on high-end specialty engineering plastics, biodegradable plastics, basic foam materials, polyurethane materials and isocyanate materials, and will still maintain BASF's own core business long-term development.

Huntsman is a major global manufacturer of fine chemicals and a major global manufacturer of polyurethane products, including chemicals, plastics, automotive, aviation, footwear, paints and coatings, construction, technology, agriculture, health care, textiles, detergents, personal care, furniture, appliances and packaging. In the future, Huntsman's development focus will continue to focus on polyurethane, functional products and new materials, including epoxy resin, acrylic acid and resin, polyurethane based polymer products.

Huntsman is a major global manufacturer of fine chemicals and a major global manufacturer of polyurethane products, including chemicals, plastics, automotive, aviation, footwear, paints and coatings, construction, technology, agriculture, health care, textiles, detergents, personal care, furniture, appliances and packaging. In the future, Huntsman's development focus will continue to focus on polyurethane, functional products and new materials, including epoxy resin, acrylic acid and resin, polyurethane based polymer products.

Huntsman is a major global manufacturer of fine chemicals and a major global manufacturer of polyurethane products, including chemicals, plastics, automotive, aviation, footwear, paints and coatings, construction, technology, agriculture, health care, textiles, detergents, personal care, furniture, appliances and packaging. In the future, Huntsman's development focus will continue to focus on polyurethane, functional products and new materials, including epoxy resin, acrylic acid and resin, polyurethane based polymer products.