What are the prospects for fine chemicals?
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Judging from the current situation, it seems unlikely that the large-scale chemical industry will see any improvement in the future. On the other hand, the fine chemical industry is likely to experience good growth prospects. So, which sector holds more potential in the future?
It depends on what category your product falls into. I divide fine chemical products into two categories: one category’s selling point is its molecular structure; there is demand for such products, but it’s not clear how customers will use them ； There is another category of features with selling points, where the composition and structure remain confidential; what is sold to customers is the knowledge that they need those specific functions. We have more of the first type and fewer of the second type, while foreign companies have the opposite situation. I think the second type has potential.
This post was last edited by yhyl2016 on 2016-5-24 09:52. Fine chemicals are one of the most dynamic emerging fields in the chemical industry today, and they constitute an important part of new materials. Fine chemical products come in a wide variety; they include organic pigments, feature high added value, have broad applications, and exhibit strong industrial interconnections. They serve directly many industries within the national economy as well as various fields of high-tech industries. Vigorously developing fine chemicals has become a strategic priority for countries around the world to adjust the structure of their chemical industries, elevate their industrial standards, and increase economic benefits. **Relevant policies should be introduced in a timely manner to establish a new type of technology innovation organization that combines industry, academia, and research – the **Strategic Alliance for Technology Innovation in the Fine Chemicals Industry** – in order to promote the optimization and upgrading of the fine chemicals industry structure and enhance the overall competitiveness of the sector. The level of the fine chemicals ratio (the proportion of the value of fine chemicals in the total value of the chemical industry) has become an important indicator for measuring the degree of development of the chemical industry in a country or region, as well as the level of chemical technology there.
It seems that domestic companies lack sufficient R&D capabilities; they simply launch products that are profitable in the market. Technology is mainly stolen. This is largely related to **insufficient protection of intellectual property rights.