下游需求推动产业升级和革新，行业迈入高速发展期。随着高新技术不断突破，下游需求向高标准、高性能材料迁移，推动高端制造升级的同时，有望带动产业快速发展。从产业协同布局方面考量，我们重点推荐新材料平台型公司国瓷材料。

水泥需求淡季延续，景气修复在望；玻璃7月工序两旺延续，抓紧8月盘整期，中长期供需格局不改；钢铁供给持续收缩，看好板块盈利稳步上升

The global additives market is segmented on the basis of product type, end-use, and region. By product type, the market is classified into plastic additives, food additives, construction additives, lubricant additives, fuel additives, coating additives, agrochemical additives, medicated feed additives, and others. Depending on enduse, it is segregated into packaging, food & beverages, building & construction, chemical, automotive, aerospace, animal husbandry, and others. Region-wise, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

Acrylic resin is used in applications such as painting, coatings, and sealing to protect surfaces of buildings, automotive, electronics, and consumer goods from environmental hazards. The report focuses on various solvent-based and water-based acrylic resins and their applications in end-use industries, which include building & construction, automotive, and consumer goods. Moreover, the report analyzes current market trends of acrylic resins in different regions and suggests future growth opportunities by analyzing government regulations & policies.

The report focuses on various polymer foams and the major applications including building & construction, transport, packaging, and furniture. It analyzes the current market trends of polymer foam, 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 type of polymer foam such as polyurethane, polypropylene, and polyethylene is also included, along with the quantitative data in terms of both value and volume.

从全球来看，生物技术驱动生物经济快速崛起，生物技术将全方位促进医药、农业、能源、制造等重要领域的绿色转型，驱动以生物医药、生物农业、生物能源、生物制造为主的生物经济快速崛起。从国内来看，我国生物产业发展形势总体向好，创新成果频出，带量采购扩围等重大改革举措落地加快，产业生态环境进一步优化。在生物医药领域，化学药市场规模持续引领，生物制剂增速位居榜首，行业景气度高。我国生物制品行业增长空间广阔。

在VE 行业寡头垄断的格局下，供给端的变化往往成为维生素价格波动的主要推动力，随着21 年下半年VE 龙头陆续停产检修，叠加下游养殖业需求旺盛，短期VE 价格有望进一步上涨。长期来看，帝斯曼与能特科技的合并使得VE 行业竞争格局显著改善，未来2-3 年VE 景气度长期向好。推荐1）维生素技改保障盈利能力，医药业务打开公司成长空间的浙江医药；2）精细化工品持续投入，有望迈入收获期的新和成。

北京市氢能产业规划落地，有望为板块带来政策催化剂。规划方案量化目标明确、应用场景丰富，有助于氢能产业产值扩张及下游需求的拓展，也利好市场对氢能市场前景的预期。继续推荐氢能产业链有先发优势的龙头，同时也可关注在京津冀区域有产业布局的相关公司。

随着国家对新能源产业的支持，新能源汽车和光伏行业进入了快速发展阶段，市场推动效应的逐渐增强，需求也不断提升，从而带动产业链上游各环节各细分产品需求的快速增长。与此相关的很多化工材料将在短、中期内供需偏紧，迎来景气周期。故我们认为新能源化工材料的生产企业将迎来新一轮投资机会。