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    Home > Coatings News > Paints and Coatings Market > Analysis of the market status and development trends of the chemical industry in Shandong Province in 2021, the country's largest chemical province leading the transformation of the industry

    Analysis of the market status and development trends of the chemical industry in Shandong Province in 2021, the country's largest chemical province leading the transformation of the industry

    • Last Update: 2021-06-08
    • Source: Internet
    • Author: User
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    Global Coatings Network News: For many years, Shandong has been vigorously promoting the structural adjustment of the chemical industry.




     

    Chemical business revenue, chemical business profit
















    In terms of chemical parks, Shandong Province took the lead in the country to carry out the identification of chemical parks.
    At present, the number of parks in the province has been reduced to 84, forming a high-end petrochemical industrial base in northern Shandong as the main body, new chemical materials in the eastern peninsula, middle-high-end Shandong Supported by the three major industrial clusters of salt chemical industry and modern coal chemical industry in southern Shandong, the development pattern of high-end chemical industry is supplemented by the transformation demonstration zone of northwestern Shandong chemical enterprises and the yellow sea port petrochemical raw material distribution area.


    The province’s parks carry 30% of the chemical companies above designated size, contribute more than 70% of the industry’s output value, and undertake more than 90% of new projects.
    Shandong’s chemical parks have become the core of the development of the chemical industry and have a prominent chemical industry cluster effect.



    Chart 3: Distribution of chemical industry clusters in Shandong Province



    Regulations on chemical industry revenue accounted for nearly 30% of the country


    In 2020, the operating income of the national chemical industry above designated size was 6.
    57 trillion yuan, and the total profit realized was 427.
    92 billion yuan, an increase of 25.
    4% over the previous year.
    Among them, the main business income of chemical enterprises above designated size in Shandong Province was 1.
    9 trillion yuan, accounting for 28.
    9 billion yuan in the country.
    %, continuing to rank first in the country, achieving a profit of 81.
    49 billion yuan, accounting for 19%, a year-on-year increase of 36.
    5%, which is higher than the national average.


    Chart 4: The operating income and total profit of the chemical industry above designated size in the country and Shandong in 2020 (unit: trillion yuan, billion yuan, %)


     



    Key directions for the development of the chemical industry


    During the "14th Five-Year Plan" period, Shandong Province plans to focus on cultivating 100 billion-level chemical parks, focusing on promoting Yulong Island refining and chemical integration, Tianchen Qixiang nylon new materials, Yantai Wanhua new high-performance chemical materials, Binhua C3C4 Construction of a batch of key projects such as comprehensive utilization.


    Chart 5: Key tasks for the development of Shandong's chemical industry during the 14th Five-Year Plan




     The above data and analysis sources refer to the "China Petrochemical Industry Development Prospect Forecast and Investment Strategic Planning Analysis Report" issued by the Qianzhan Industry Research Institute.
    At the same time, the Qianzhan Industry Research Institute provides industrial big data, industrial planning, industrial declaration, industrial park planning, and industrial investment promotion.
    Solutions such as investment attraction, IPO fundraising feasibility study, and prospectus writing.



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