Industrial flooring is a chemical substance that is applied on floor. When dry, these chemical substances turn into hard substances, thereby providing walking surface. Industrial floor offers resistance to abrasion, water, and chemicals. They are waterproof, anti-vibration, and anti-static. In addition, these offer attractive finish to the floor and bare concrete. Industrial flooring is available in various options related to colors, material, and styles, thus increasing their adoption in warehouses, offices, hotels, and houses. They are used across aviation & transportation, manufacturing industries, healthcare facilities, and others. The report on the global industrial flooring market presents a detailed analysis of the trends, future estimations, and thorough study of the market depending on thickness, material, end user industry, and region. The report provides details about the various types of industrial flooring available in the market, which include light duty, medium duty, and heavy duty. The material covered in the study include epoxy, polyaspartic, polyurethane, anhydrite, and others. chemical, food & beverages, healthcare, transportation & aviation, and others are the major end-user industry in the industrial flooring market.

Hybrid fabrics is multilayer laminate that consists of more than one type of structural fiber. The hybrid fabrics consist of multiple fabrics including carbon/glass, glass/aramid, and carbon/aramid. The selection of hybrid fabrics solely depends on the specific application, such as for aerospace & defense and carbon/aramid fabrics are preferred for high temperature applications. The report focuses on hybrid fabrics and its major applications, including aerospace & defense, automotive, and wind energy. It analyzes the current market trends of hybrid fabrics and related products in different geographies and suggests the future growth opportunities for key market players. In addition, it highlights numerous factors that influence the growth of the global market such as key drivers, restraints, growth opportunities, and the role of different key players. Market segmentation based on fabric types of hybrid fabrics such as carbon/glass, glass/aramid, and carbon/aramid is also included, along with the quantitative data in terms of both value and volume.

The growth of global dry ice market can be linked as a refrigerant in food and transport industry. Additionally, use of dry ice for industrial cleaning by means of dry ice blast cleaning is expected to boost the market growth. Demand for dry ice is anticipated to grow strongly with the strong growth rate of dry ice machines market business across the globe. Tier I Manufacturers and other firms have been contributing prominently in the revenue growth of dry ice market. Dry ice being a cost-effective product is expected to boost its demand across various applications in the near future. Increasing figures of fire accidents leads to growing demand for dry ice, in order to reestablish and recondition industrial and residential buildings. These factors coupled with noncombustible and non-toxic properties of dry ice is expected to further drive the global market growth. EMISPDF

Chemical supply chain is a long, volatile, and highly complex business and requires high adaptability, flexibility, and skills. Chemical companies are skilled at designing and manufacturing products safely. However, chemical logistics company offers wide range of expert services to safely navigate transporting and storage of these potentially dangerous products. In addition, chemical logistics companies offer transportation services by sea for bulk commodities around the globe and air freight services for raw materials that are required urgently. Further, security plays a major role, when it comes to warehousing for the chemical sector and thus, tailor made IT solutions are used for appropriate security.

Heat transfer fluids (HTFs) are gases or liquids specifically manufactured for the purpose of transmitting heat from one system to another. These fluids are manufactured from highly refined petroleum, synthetically formulated hydrocarbons or siloxanes (silicone). They provide high temperatures at very low system pressures and also offer safety, low maintenance, and extended operating lifetimes as major benefits. The report mainly emphasizes on heat transfer fluids and their types, which include mineral oil, synthetic fluids, glycols, and others. The report also analyzes the current trends and future opportunities in several end-use industries such as chemical, oil & gas, food & beverages, pharmaceuticals, renewable energy, automotive, HVAC & refrigeration, and others.

我们认为化工行业的投资策略是：投资系统性创新和低成本扩张。化工的下一波行业格局取决于人才竞争。化工行业已从单纯的资本密集型行业，变为人才和资本密集型行业，后来者无法通过资本反超，只能瞠乎其后，化工行业的周期性也因此变弱。优秀的公司凭借有效的激励、卓越的管理和持续的创新，打造出难以撼动的技术迭代优势、低成本优势和高效服务优势，在全球市场中攻城略地。

投资建议：全球汽车电动化浪潮已至，锂电材料空间巨大，部分领先的中国锂电材料企业有望乘势而起，与跨国巨头同台竞技，成为引领本轮全球浪潮的巨人。正极材料重点推荐当升科技；电解液重点推荐新宙邦、天赐材料；隔膜材料重点推荐星源材质、恩捷股份（电新组覆盖）；负极材料关注璞泰来（电新组覆盖）。

根据百川盈孚信息，2 月1 日江浙地区龙头企业分散染料报价上调2000 元/吨，近两周累计上调5000 元/吨，继上周五活性染料提价1000 元/吨后，今日分散染料再度涨价，有望带动国内染料价格持续上行；当前国内分散黑ECT300%、活性黑WNN150%市场价分别为2.5 万、2.1 万元/吨，近两周分别上涨8.7%、16.7%。

纺织服装触底反弹带动化纤需求改善。受疫情影响，上半年我国纺织服装服饰生产及出口大幅下降，而后于下半年部分恢复，带动国内原材料化纤需求增长。

EVA是第四大乙烯系列聚合物，技术壁垒限制高端产品产能投建与转产：EVA 的主要生产工艺包括釜式法和管式法，VA（醋酸乙烯酯单体）含量大、可应用于光伏领域的高端EVA 产品只能通过釜式法生产。釜式法装置投资额度大、技术壁垒高，据我们测算，20 万吨EVA 釜式法装置的总投资额为42.5 亿元，远高于管式法的26.1 亿元。虽然技术的相似性使得部分LDPE 装置可兼产EVA，但转产的高难度以及对装置产生的负面影响限制转产量。

锂离子电池的电芯主要由正极、负极、电解液和隔膜四大关键材料组成。正极材料的种类和性能直接决定了锂电池的电压和能量密度、循环寿命和倍率性能等。根据材料体系，锂电池正极材料可分为钴酸锂（LCO）、磷酸铁锂（LFP）和三元材料（NCM）等。其中，磷酸铁锂独特的橄榄石结构赋予电池优异的循环性能和安全性，即使在高温或过充条件下，磷酸铁锂仍能够保持结构骨架稳定。磷酸铁锂主要原料为锂源、铁源、磷源和碳源，主要可根据制备过程中材料的反应状态分为固相合成法和液相合成法。

白色污染是人类社会发展过程中面临一个的巨大挑战，二十一世纪以来全球兴起可降解风潮。2020 年中国正式从“限塑”转为“禁塑”，国内可降解行业进入高速发展期。需求空间大，供应格局雏形未现，我们认为2021 年可降解行业迎来百舸争流的“黄金时代”。

化工行业2020 年业绩预告统计分析整体结论。根据WIND 资讯，截至2021 年1 月31 日，化工行业有218 家A 股上市公司公布了2020年业绩预告或者业绩快报，据此样本分析得出整体结论：（1）行业整体归母净利润预计同比增长90%；（2）单季度同比方面，Q4 行业归母净利润同比预计扭亏；（3）单季度环比方面，Q4 行业归母净利润环比预减66%。

聚氯乙烯（PVC）是由氯乙烯单体（VCM）聚合而成的一种常用热塑性塑料，2020 年国内PVC 产能2712 万吨/年，产量约2281 万吨，开工率在82%左右。PVC 糊树脂分为大盘料与手套料，受到疫情带动的PVC 手套需求，2020 年三季度糊树脂手套料价格由8500 元/吨大幅上涨至25000 元/吨，截至2021 年1月底，手套料市场报价仍在24160 元/吨左右，超出市场预期。第一，我们认为PVC 糊树脂手套料下游市场需求饱满，2021 年上半年新增产能只有7 万吨，供需依旧紧平衡。第二，我们认为糊树脂手套料成本占比低，下游对于原材料涨价接受度较高，手套料景气度有望持续。

上周化工新材料指数跑赢创业板指，截至2021 年1 月30 日，化工新材料指数收1105 点，较此前的1181 点下跌6.44%，跑赢同期创业板指的下跌6.83%。

2020Q4 化工行业基金持仓比例为4.37%，环比Q3 上涨0.73pct，同比2019Q4 上涨0.41pct,环比和同比水平均明显改善。且化工行业基金持仓水平由此前不及A 股持仓水平，提升至略优于A 股持仓水平。

PX：市场整体向好。成本端，寒潮来袭，美国最大产油州德克萨斯州部分油井与炼油厂关闭，国际油价上升，PX 市场重心随之上扬。PTA：价格上涨市场震荡向上。成本端，春节期间国际原油价格上涨，PTA 市场重心上移。供应端，海南逸盛 210 万吨/年 PTA 装置春节期间提前进入检修；福建百宏年前投产的剩余产能，现已稳定运行。涤纶长丝：市场震荡上扬。成本端，因德州极寒天气和美国新版财政刺激方案取得积极进展，双原料涨幅上涨动力十足。整体来看，节后下游工厂仍未全面复工，长丝产销率放量有限，主要为原材料价格支撑长丝利润大幅回升。