The 2024 government work report proposes to implement high-quality development actions for key industrial chains in the manufacturing industry, focus on making up for shortcomings, elongating long boards, and forging new boards, so as to enhance the resilience and competitiveness of the industrial chain and supply chain.
According to the "Implementation Opinions of the Ministry of Industry and Information Technology and Other Seven Departments on Promoting the Innovation and Development of Future Industries", it is proposed to promote the development of the future materials industry, including promoting the upgrading of advanced basic materials such as non-ferrous metals, chemicals, and inorganic non-metals, developing key strategic materials such as high-performance carbon fiber and advanced semiconductors, and accelerating the innovative application of cutting-edge new materials such as superconducting materials.
In recent years, it can be seen that the country's policies for the new material industry have been continuous, and the benefits have been frequent. New materials are an important support for new industrialization, one of the strategic emerging industries vigorously developed by the country, and an important industrial direction to accelerate the development of new quality productivity and solidly promote high-quality development. Specifically, high-performance materials, as a basic and pillar strategic industry, are the forerunners of high-tech.
Based on the needs of economic and social development, the mainland has focused on the R&D and industrial application of cutting-edge new materials, accurately guided industrial development, and focused on breakthroughs in high-end new materials, strategic new materials, and green new materials.
According to the Classification Catalogue of Industrial Strategic Emerging Industries (2023) released by the National Bureau of Statistics, high-performance materials are mainly divided into advanced steel materials, advanced non-ferrous metal materials, advanced petrochemical new materials, advanced inorganic non-metallic materials, high-performance fibers and products, composite materials and cutting-edge new materials.
The panorama of the high-performance materials industry chain is summarized as follows:
According to the data of Qichamao, the development of the high-performance materials industry in the mainland presents a spatial layout of "gathering in the eastern coastal area and characteristic development in the central, western and northeast regions". Beijing-Tianjin-Hebei, Yangtze River Delta, Pearl River Delta and other places have formed comprehensive industrial clusters, the central and western regions have formed characteristic industrial bases based on deep processing of materials and resource utilization, and the northeast region has formed characteristic industrial bases serving major equipment and projects.
At present, this year is a critical year for achieving the goals and tasks of the 14th Five-Year Plan, and it is very important to do a good job in economic work. Attracting investment is an effective means for local governments to grasp the economy and strengthen industries. So, what is the distribution of major enterprises in the domestic high-performance materials industry? The Prospective Industry Investment Promotion Group selected the following 30 companies through multiple dimensions such as establishment time, registered capital, and enterprise label: (the following rankings are in no particular order)
Analysis of representative companies in the field of high-performance fibers in the high-performance materials industry
New materials are not only strategic and basic industries, but also the cornerstone of the development of the manufacturing industry. High-performance synthetic materials are an important part of the development of advanced manufacturing industry and the cultivation and expansion of new quality productivity.
Among them, aramid fiber is one of the three major high-performance fibers in the world today, and it is also the "tuyere" industry of high-end new materials. Aramid has many excellent properties such as high strength, high temperature resistance, acid and alkali resistance, and light weight, and is widely used in special protective clothing, automobiles, electronic equipment and other fields. The antenna, solar wing and other parts of the mainland's first space station "Tiangong-1" use aramid to enhance the weight reduction effect; The use of aramid in badminton rackets can reduce the vibration in use and reduce the damage to the human body; On high-speed rail, aramid can be found in seats, luggage racks, and transformer coils. In recent years, the wide application of aramid has made the competition for innovation in this market more intense.
According to the data disclosed by the Chinese Academy of Sciences, the mainland has approved the establishment of 278 national new material industrial bases (7 high-tech industrial bases, 58 new industrialization industry demonstration bases, 94 high-tech industrialization bases, and 119 national torch plan characteristic industrial bases), and the number of provincial-level new material industrial parks or bases is more, of which Jiangsu Province is the most distributed, with a total of 42.
Specifically, in the first half of this year, the new material industry cluster in Yangzhou City, Jiangsu Province, completed invoicing sales of 100.3 billion yuan, a year-on-year increase of 5.5%, becoming the first leading industrial cluster in Yangzhou City to exceed 100 billion yuan since 2024.
From the perspective of industrial layout, according to the data of the forward-looking intelligent investment promotion system, high-performance synthetic materials industrial enterprises in Yangzhou are mainly concentrated in Yizheng, Jiangdu and other places. Yizheng has 65 high-performance synthetic materials industry-related enterprises, accounting for half of the city's "half of the country", with industrial invoicing sales exceeding 39.7 billion yuan and warehousing tax of 560 million yuan in 2023.
——Sinochem High Performance Fiber Materials Co., Ltd
Looking at the upstream and downstream of the industrial chain, Sinochem High Fiber is a leading para-aramid manufacturer in China, with an annual production capacity of 5,500 tons of high-strength and high-modulus para-aramid, and has established a high-performance fiber application engineering research center in Jiangsu Province, with products including para-aramid filament, staple fiber, pulp, etc.
Sinochem High Performance Fiber Materials Co., Ltd. (hereinafter referred to as "Sinochem High Fiber") is a state-owned holding enterprise established by Sinochem International (Holdings) Co., Ltd. in 2019, and is also a key enterprise in the production of new aramid materials in China. The business scope includes R&D, production and sales of para-aramid series products; R&D, production and sales of high-performance fibers and composite materials; production and sales of para-aramid polymers, calcium sulfate and calcium chloride; wholesale and retail of chemical products (none of the above contain hazardous chemicals); technology development, technology transfer, technical services, and technical consulting in the field of high-performance fibers; Self-management and agency of import and export business of various commodities and technologies (except for commodities and technologies that are restricted or prohibited from import and export by the state). (The business scope and duration of the project involving the license examination and approval shall be subject to the approval of the licensing authority). (For projects subject to approval in accordance with the law, business activities can only be carried out after approval by relevant departments) Sinochem High Performance Fiber Materials Co., Ltd. invested in 1 company.
In November 2020, Sinochem International's 5,000 tons/year para-aramid project was officially put into operation, which can produce more than 40 product varieties in three series of ordinary strength, high strength and high modulus, among which high-strength and high-modulus products will fill the domestic gap, and the product fields involve electronic communications, lightweight materials, green environmental protection, human protection, marine development, etc.
Shi Jiankui, deputy general manager of Sinochem High Performance Fiber Materials Co., Ltd., introduced that Sinochem High Fiber currently has an annual production capacity of 5,500 tons of high-strength and high-modulus para-aramid, and has established a high-performance fiber application engineering research center in Jiangsu Province, and strives to promote the 2,500-ton expansion project to be put into operation as soon as possible.
The market size of the supporting services industry in the high-performance materials industry
-- The development status of the whole process development and verification service of high-performance high-end new materials
With the gradual development of the market for high-performance high-end new materials, the demand for related product development and verification services has increased, which has driven the development of the full-process development and verification services of high-performance high-end new materials in China. From the perspective of the R&D intensity of major enterprises of high-performance high-end new materials in mainland China, the R&D expenses of high-performance high-end new material products accounted for about 6.0%, of which the expenses for a series of development and verification services such as inspection and testing, technical services, external R&D, expert consultation, and patent services accounted for about 7.3% of the R&D expenses, and the expenses for development and verification services accounted for about 0.44% of the overall expenses.
At present, the number of domestic full-process integrated development and verification service enterprises in the field of high-performance high-end new materials is small, and the vast majority of enterprises can only provide single or a few links of development and verification services, at present, the full-process development and verification service market of high-performance high-end new materials accounts for about 8% of the entire development and verification service market.
——The market scale of the whole process development and verification service of high-performance high-end new materials
The leading enterprises in China's high-performance high-end new material whole-process development and verification service market mainly include Shenzhen 863 New Material Technology Co., Ltd., Wuhan Zhongke Advanced Materials Technology Co., Ltd., Chongqing Materials Research Institute Co., Ltd., Shanghai Materials Research Institute Co., Ltd., Guoke New Material Technology Co., Ltd., etc. Driven by national policies and market demand, the market scale of China's full-process development and verification services for high-performance and high-end new materials continues to grow. From 2021 to 2023, the market size of China's high-performance high-end new materials whole-process development and verification services will be about 310 million yuan, 360 million yuan, and 420 million yuan respectively.
Outlook for the development trend of the high-performance materials industry
"The industrialization of aramid is a long-term 'neck' project in the mainland, and accelerating the localization process is very important to the national development process." Gao Congyan, academician of the Chinese Academy of Engineering, said.
Haitong Securities Research Report believes that carbon fiber, ultra-high molecular weight polyethylene fiber, aramid fiber are the three high-performance fibers, with ultra-high strength, ultra-high modulus, low density and chemical corrosion resistance and many other excellent properties, at present, in the national defense industry, aerospace, transportation, safety protection and other fields of application depth and breadth. Carbon fiber materials have the characteristics of stable chemical properties, low density and high strength, and are mainly widely used in aerospace, wind power, transportation, sports and other fields.
On the whole, the prospective industry research institute believes that China's new material industry is in the transition stage from self-sufficiency in low-end products to independent research and development of high-end products and import substitution, and the domestic high-end new material technology and production capacity are gradually increasing. With the rapid development of emerging industries such as new energy and intelligent manufacturing, higher requirements have been put forward for materials, accelerating the innovation process of new materials, and the future market prospects are broad.
Prospective Economist APP Information Group
For more research and analysis of this industry, please refer to the "Research and Development Strategy Analysis Report of China's Cutting-edge New Materials Research Results" by Qianzhan Industry Research Institute
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