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Where are the opportunities for the magnesium carbonate industry

  Hebei Xintao New Material Technology Co., Ltd. pointed out that during the "Thirteenth Five-Year Plan" period, China's magnesium carbonate industry developed rapidly, and its magnesium carbonate production capacity and output continued to rank first in the world, and it has become a veritable magnesium carbonate producing country. Despite this, there are still some outstanding problems in the development of the magnesium carbonate industry that need to be solved urgently.

  First, structural overcapacity, industry profitability declined;

  Second, the product structure is relatively single, and the homogenization competition is fierce;

  Third, the ability of technological innovation needs to be further strengthened;

  Fourth, the combination of magnesium carbonate industry and upstream and downstream industries is not developed enough;

  Fifth, trade frictions in the process of internationalization have intensified.

Where are the opportunities for the magnesium carbonate industry

  During the "14th Five-Year Plan" period, the magnesium carbonate industry will face complex and changeable domestic and foreign situations.

  First of all, how to do a good job in pollution prevention and control, in line with the requirements of national pollution prevention and control and the requirements of international conventions, is an important test for the industry.

  Secondly, the sustainable development of the magnesium carbonate industry is facing the test of low carbon. The United Nations Climate Change Conference in Copenhagen kicks off a global low-carbon era. As a traditional high-energy-consuming industry, the magnesium carbonate industry will become one of the important factors determining the sustainable development of the industry's "14th Five-Year Plan".

  However, the implementation of the "Belt and Road" national strategy will provide new opportunities for international trade in the magnesium carbonate industry. The main flow of China's magnesium carbonate product exports is basically consistent with the countries covered by the "Belt and Road". As a basic chemical raw material, magnesium carbonate can provide support for the basic industries of these countries such as chemicals, medicine, food, etc. It can be seen that the "14th Five-Year Plan" period is an important period for China's magnesium carbonate industry to coexist with opportunities and challenges, and it is also a key period for the industry to further resolve excess capacity, adjust the industrial structure, improve the quality of industry development driven by innovation, and leap from a large producer of magnesium carbonate to a strong producer of magnesium carbonate.

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