Sinopec Corp.(600028) 证券时报网·2025-03-29 06:39Core Insights - The global chemical new materials industry is projected to reach a scale of 550 billion by 2027, with China's share expected to grow from 250 billion by 2027, representing a significant increase in market presence [1] Group 1: Industry Growth and Trends - The chemical new materials industry in China has grown 3.4 times over the past decade, accounting for approximately 36.4% of the global market value [1] - During the 14th Five-Year Plan period, China's chemical new materials innovation is expected to enter a new phase characterized by leadership and high-end development [1] Group 2: Development Focus Areas - There is a strong emphasis on developing high-performance materials to meet the needs of strategic emerging industries, including advancements in basic materials and high-end polymers for aerospace and electronics [2] - The industry aims to enhance green production technologies to support carbon neutrality goals, focusing on integrating green hydrogen and electricity into production processes and improving recycling technologies [2] Group 3: Technological Innovations - The development of smart materials that respond to environmental changes is highlighted, with applications in aerospace, smart textiles, and biomedical devices [3] - China Petrochemical Corporation is undertaking significant strategic technology initiatives to fill domestic gaps in chemical new materials, with plans to establish a new research laboratory and a large-scale pilot base for material testing [3]