In the list of the top 50 global chemical companies in 2021, the number of Chinese companies on the list has reached a record high, with a total of 7 companies on the list, surpassing chemical industry powers such as Germany and South Korea. , the total revenue proportion also increased from 9.40% in 2017 to 18.05% in 2021.
In addition, the overall number of enterprises above designated size in China’s chemical industry with R&D institutions continues to grow. In 2019, China’s chemical raw material and chemical products manufacturing industrial enterprises above designated size with R&D institutions have reached 5,806, a significant increase of 134.11% compared with 2011; the number of patent applications for chemical raw materials and chemical products manufacturing industrial enterprises above designated size was 43,817, compared with 2011. In 2011, it increased by 137.67%.
It can be seen from the above sets of key data that as the scale of China’s chemical market continues to expand, China’s local chemical companies are continuing to grow in terms of R&D strength and scale. , domestic chemical raw materials are becoming increasingly active in the market, and their market share is constantly expanding.
Industrial development cannot be achieved overnight, and the development of domestic chemical industry still faces many problems. The “14th Five-Year Plan” points out that “give full play to the advantages of massive data and rich application scenarios, promote the deep integration of digital technology and the real economy, and empower the transformation and upgrading of traditional industries.”
It can be seen that China’s traditional manufacturing industry needs to be deeply integrated with new economic formats to achieve industrial upgrading and overtake in corners. For domestic chemical industry, in addition to getting rid of the constraints of technology research and development, it also needs to rely on digital technology, deeply connect with the Internet, smooth the trade channels of upstream and downstream enterprises, and exert greater industrial economic benefits. This is what we need to do things.
For a long time, the domestic chemical market has been a mixed bag, and product quality has been uneven. “Low quality” has become a label that is difficult to remove for domestic chemical raw materials. At the same time, due to the squeeze of foreign brands and the lagging development of domestic platforms, many excellent domestic chemical raw materials are unable to reach downstream companies and are widely known by the market.
In response to this embarrassing situation, in 2021, Kain Chemical launched a plan to build a domestic raw material platform. By fully integrating domestic chemical production resources and relying on digital technology, Kain Chemical will Chemical raw materials are accurately delivered to downstream companies, further supporting the rise of domestic chemical brands.
For more than a year, Kaiyin’s domestic chemical raw material procurement website (www.kaiyinhg.com) has provided customers with cost-effective raw materials and reduced costs for everyone. Increase efficiency. For example, one of Kain’s customers originally used Chemours 902+ titanium dioxide, and the production cost was very high. On the recommendation of Kain, Xianghai Technology CR6618 was used as a replacement. After taking samples and testing, it fully met the production requirements. Facts have proved that domestic raw materials can completely replace imported raw materials as long as suitable models are found.
At present, “domestic products” have become the focus of development in many industries. As a major pillar of China’s economy, the rise of domestic chemical brands will surely help China’s economy take off again. Kain Chemical’s domestic raw materials network will join hands with domestic chemical brands to jointly promote the digital transformation and upgrading of the chemical industry, open up upstream and downstream trade channels, and constantly polish the business cards of domestic chemical brands.
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