Fragrances are unique and complex blends of synthetic and natural ingredients added to products to give them a distinctive aroma. Fragrances are used not only in perfumes but also in many other consumer goods such as personal care, cosmetics, and cleaning items for household use. The fragrance ingredients market is segmented on the basis of type, application, and region. On the basis of type, the market is bifurcated into natural ingredients and synthetic ingredients. By application, it is divided into hair care, personal care, fabric care, and others. Region wise, it is studied across North America, Europe, Asia-Pacific, and LAMEA. The manufacturers studied and profiled in the global fragrance ingredients market include Fermenich International SA, Fine Fragrances Private Limited, Givaudan SA, International Flavors & Fragrances Inc., Kalpsutra chemicals Pvt. Ltd., Mane SA, S H Kelkar and Company Limited, Symrise, Takasago International Corporation, and Treatt.

Compostable plastics are the plastics derived from renewable materials and break down through composting. Instead of utilizing plastic made from petrochemicals and fossil fuels, compostable plastics are extracted from renewable materials such as corn, potato, and tapioca starches, cellulose, soy protein, and lactic acid. Compostable plastics are non-toxic and can be decomposed into carbon dioxide, water, and biomass when composted. The report on compostable plastic exclusively focuses on current market trends and future growth opportunities of various types of compostable plastic such as home compostable plastic, and others. Home compostable plastic is further classified into BioPBS FD92, BWC BF 90A, and Ecopond Flex 162. On the basis of application, the global compostable plastic market is categorized into compostable cutlery, compostable bag, compostable straw, compostable gloves, compostable cup (cold cup), and compostable tray/dish. Based on region, it is studied across North America, Europe, Asia-Pacific, and LAMEA. Currently, there are limited number of manufacturers operating in this market, as some of the compostable plastic types are yet to be commercialized.

The global market for electrostatic disinfectant sprayer is highly dependent on demand for hygiene and disinfection equipment across end-use industries. In recent years, the growth in the number of infectious diseases coupled with concerns over public safety had propelled the demand for disinfectant equipment across a wide range of end-use industries. In addition, globally, several health and welfare authorities and government are tightening their regulations to ensure public safety and cut down the spread of HAIs.

Military strength is directly proportional to the nation’s credibility, tangibility, and overall strength. In today’s world, there has been an increase in geopolitical issues, which is leading the governments to make their military arsenal advance and lethal as possible. Typically, military missions are geographic; they can be land, sea, or air-based. Hence, governments are trying to gain strength in every platform to enhance national security. The following figure illustrates the U.S. 2020 defense budget analysis by platforms

6 月 23 日，我们率先翻多化工行业，翻多化工股，目前我们的逻辑基本 印证。当下时点，我们认为化工行业已濒临我们提出的化工 3 阶段中的 第 3 阶段，也就是：幡动阶段。化工品价格上涨的广泛度将有显著提升。 未来 1 年维度看，我们认为至 21 年中，化工品都会有持续的环比复苏。

中ma国ry＃化 工品价格指数（CCPI）：本周CCPI 较上周上涨 3.9%，较上月同期上涨4.3%，年内跌幅收窄至3.5%，相比去年同期下跌8.4%，化工品价格迎来修复。

在传统“金九银十”需求旺季、海外订单向国内转移、期货产品连续上涨等多因素推动下，近期化纤行业迎来价格普涨，主要品种价格改善明显，预计Q4短期弹性较高。主要品种涤纶长丝、粘胶短纤、氨纶等有望迎来行业长期景气向上拐点，推荐行业龙头桐昆股份、三友化工、浙江龙盛等。

上周中信行业指数中，基础化工板块下跌2.92%，同期沪深300 下跌1.53%，基础化工板块同期落后大盘1.39 个百分点。石油石化板块下跌0.56%,同期领先大盘0.97 个百分点。其中,润禾材料（43.71%）、美瑞新材（20.54%）、华信新材（19.15%）、永利股份（17.70%）和长鸿高科（13.10%）位列涨幅前五，跌幅前五分别是：科思股份（-16.68%）、南京聚隆（-16.48%）、亚士创能（-16.03%）、泰和科技（-12.11%）和容大感光（-11.94%）。

可降解塑料国内起步晚、增速快、行业空间大。根据降解机制，通常分为光降解塑料、生物降解塑料和光-生物降解塑料，其中生物降解塑料为主流。全球可降解塑料需求稳步增长，2018 年达到36 万吨，HIS 预测到2023 年全球需求将增加至55 万吨，5 年平均增幅达9%。