Isopropyl alcohol is also known as isopropanol or 2-propanol. These alcohols are colorless, flammable organic compound with a pungent alcoholic odor. Moreover, these alcohols are used in a wide range of applications, including disinfectants, personal care products, pharmaceuticals, cosmetics, coatings, organic chemical preparation, electronics, food and beverages, and various other applications.

Automotive refrigerants are used in the air conditioning systems of vehicles. They absorb and release the heat of the engine body.

Alpha methylstyrene is a colorless liquid and type of organic chemical which is majorly utilized in order to enhance the heat-resistance when used as a co￾monomer during the range of polymerization processes. It can be utilized in several applications, such as ABS manufacturing chemical resins, plastics, adhesives, and coatings, including many others.

The global azodicarbonamide market (henceforth referred to as the market) is estimated to reach 365.61 kilotons in 2024 and 428.13 kilotons by 2029, registering a CAGR of 3.21% during the forecast period (2024-2029). • Azodicarbonamide, often called azobisformamide, is a yellow to orange-red, odorless, crystalline powder. It finds applications in plastics and rubber, food and beverage, leather and textile, and a few other industries.

• The global azodicarbonamide market (henceforth referred to as the market) is estimated to reach 365.61 kilotons in 2024 and 428.13 kilotons by 2029, registering a CAGR of 3.21% during the forecast period (2024-2029). • Azodicarbonamide, often called azobisformamide, is a yellow to orange-red, odorless, crystalline powder. It finds applications in plastics and rubber, food and beverage, leather and textile, and a few other industries.

Artificial nails, also known as fake nails or false nails, are artificially created nail extensions that can be applied to natural nails. They are typically made of acrylic, gel, or silk materials and can be sculpted or fitted onto the natural nail plate. Artificial nails are one of the most popular products in the personal grooming and styling category. They are used to enhance the appearance of fingernails and toenails by giving them proper shape and texture.

Automotive engine oil, often known as motor oil, is a lubricant used in internal combustion engines to power motorcycles, automobiles, and a variety of other automotive engines. Engine oil primary role is to minimize wear and friction on moving parts while also cleaning the engine of sludge and varnish.

Baby toiletries refer to products used for cleaning and grooming babies. Haircare, skincare, and bath products, fragrances and perfumes, and wipes for babies are some of the products offered in the global baby toiletries market. The toiletries not only keep the babies groomed but also protect them from infections and diseases

玻纤 24 年&25Q1 财报综述：盈利延续改善，新增产能逐步释放 24Q1 玻纤价格触底回升，24 年全年玻纤企业整体盈利能力呈现逐步改善趋 势，而随着价格及盈利恢复，在建产线陆续点火，24 年行业新点火产能 77.3 万吨，同比+89%，截至 25 年 4 月底国内玻纤 CR5 达 74%，同比基本持平， 供给格局仍保持稳定且集中。我们认为 25 年行业延续复价有望带动玻纤企 业盈利能力同比改善，龙头企业产能持续扩张下市场份额有望继续提升，重 点推荐中国巨石（海外产能布局领先、具备规模及成本优势）、中材科技（低 介电等高端产品生产及技术领先）、长海股份（新增产能释放盈利弹性较大）。

2024 年能源价格中枢同比回落，但终端需求仍显疲软，基础化工价差底部震荡。2024 年 Brent 现 货均价 80.93 美元/桶，同比下滑 2%，单季度 Q4 均价 74.87 美元/桶，同环比分别下滑 11%、 7%，原油价格上半年阶段性冲高，下半年中枢下行；2024 年 NYMEX 天然气期货均价 2.41 美元/ 百万英热，同比下滑 10%；煤价景气逐步回归中枢，2024 年市场均价 865.73 元/吨，同比下滑 12%，其中 Q4 均价 837.45 元/吨，同环比下滑 13%、2%。化工板块 24 年盈利逐步触底，实现 营业收入（剔除石油化工及民营炼化，下同）20601 亿元，同比增长 3%，实现净利润 1098 亿 元，同比下降 3%，符合市场预期。其中，24Q4 下游虽逐步进入淡季，但宏观政策发力，叠加抢 出口因素影响，单季度化工板块营业收入 5293 亿元（YoY+7%，QoQ+1%），受高位库存影响， 毛利率同环比分别下滑 1.1、0.2pct 至 17.1%，且年底费用端拖累严重，导致行业实现净利润 117 亿元（YoY-4%，QoQ-62%）。