Guohai Securities: The chemical new materials industry is expected to usher in an accelerated growth

Securities Times Network News: According to a research report by Guohai Securities (3.720, -0.06, -1.59%), the field of new chemical materials is an important direction for the future development of the chemical industry. As the growth rate of downstream demand slows down, the traditional chemical industry is facing a trend of market share concentration towards leading companies. The core competitive barriers are cost and efficiency; The new materials industry, which is still experiencing rapid growth downstream, is different. The core competitive barriers include research and development capabilities, industry chain validation thresholds, service capabilities, etc. With policy support, the domestic chemical new materials industry is expected to usher in an accelerated growth period. We recommend high-quality chemical new materials that are located in the core supply chain, have strong research and development capabilities, and excellent management, mainly including electronic chemicals (semiconductor materials, display materials, 5G materials, etc.), new energy materials, pharmaceutical intermediates, and other fields.