化工行业强者更强的局面不可逆转。推荐油价端资产、纺服链原料、低供给弹性的大宗品、具备竞争优势的差异化品种以及刚需且底部未复苏的子赛道。

silver nanoparticles are one of the most commonly used nanomaterials because of their high electrical conductivity, optical properties, and anti-microbial properties. The biological activity of silver nanoparticles depends on factors such as particle composition, size distribution, surface chemistry, size; shape, coating/capping, particle morphology, dissolution rate, agglomeration, efficiency of ion release, and particle reactivity in solution.The report focuses on types of synthesis method such as wet chemistry, ion implantation, and biological synthesis. Moreover, the market is also studied based on the shape of silver nanoparticles such as sphere, platelet, rods, colloidal silver particles, and others. The applications covered in the study include healthcare and life sciences, textiles, electronics and IT, food and beverage, pharmaceuticals, cosmetics, water treatment, and others. Furthermore, the study evaluates the current market trends and suggests future growth opportunities by analyzing government regulations & policies.

Electronic ceramics, or electroceramics, are materials are extracted from various rocks and are available in powder form and various other formulations. They include piezoceramics, dielectric ceramics, ferroelectric ceramics, and conducting ceramics. For the purpose of analysis, the report segments the global electronic ceramics market based on the material used, application, end users. The report provides details about the various materials available in the market, which include alumina, zirconia, silica, and others. The applications covered in the study include capacitors, data storage devices, optoelectronic devices, actuators & sensors, power distribution devices, and others. The end users of electronic ceramics are electronics, automobile, medical, aerospace & defense, and others. The report outlines the details about the revenue generated by the sale of electronic ceramics across North America, Europe, Asia-Pacific, and LAMEA.

Silicone is a high-performance material used in various heavy machineries in the form of resin, elastomers (adhesives and sealants), gels, and fluids. Silicone offers different features, including low thermal conductivity and low chemical reactivity making it one of the preferred material of choice in heavy machinery market. For the purpose of analysis, the report segments the global silicone in heavy machinery market based on product type, component, and region. It further provides details about various product types available in the market such as elastomer, fluids, and others. Switchgear and others are the different components highlighted in the study. Furthermore, the report outlines the details about the revenue generated by silicone in heavy machinery market across North America, Europe, Asia-Pacific, and LAMEA. This study provides information on the usage of silicone in heavy machinery applications.

The high focus on the maintenance of sanitization and hygiene is one of the key aspects across the globe. The world has witnessed several epidemics across different time-lapses. Owing to this, the World Health Organization (WHO) has started its process for the maintenance of hygiene via a set of actionable rules and regulations. The WHO has been dealing with safety and sanitation issues of foreign traffic since 1951 when the Fourth World Health Assembly encouraged all governments to "improve sanitary and environmental conditions, particularly in and around ports and airports" (WHO 4.80). The World Health Assembly and the Executive Board stressed the value of upholding good hygiene and sanitation standards in international traffic (especially with regard to drinking water and food).

Medical imaging reagents are chemicals used to visualize structures or organs, thus supporting physicians to better diagnose and detect diseases. It plays a vital role in pharmaceutical, medical, life sciences tools, biotechnology, and diagnostic industries. The report provides dynamics and trends related to the global medical imaging reagents market. In addition, it presents estimations and forecast of the market. The study estimates revenue generated from the sales of medical imaging reagents class; however, it excludes medical imaging reagents service revenue. The valuations comprise revenue generated from medical imaging reagents such as contrast reagents, optical reagents, and nuclear reagents. Furthermore, the report excludes revenue generated from post-sale services of medical imaging reagents.

2020 年7 月，国家发改委联合九部门发布《关于扎实推进塑料污染治理工作的通知》，2020 年底为该禁塑通知的阶段性实施节点。据中国消费网，北京、上海、深圳等一线城市及部分二、三线地级市均已开始实施，要求超市禁用不可降解塑料袋，部分城市对农产品市场、餐饮、外卖等亦提出了同类要求。我们认为国内可降解塑料市场在“碳中和”背景下，有望在未来2-3 年内迎来快速发展期，目前国内市场仍处于起步阶段，此次禁塑令在各地的实施有望推动国内市场渗透率提高，促使消费端用量增长，推荐金发科技。

2020 年12 月份中信基础化工行业指数上涨1.90%，在30 个中信一级行业中排名第9 位。子行业中，碳纤维、锂电化学品和聚氨酯板块表现居前。主要产品中，近一月份化工品整体保持上涨态势，但上涨品种比例有所下降，下跌品种比例有所提升。上涨品种中，制冷剂R125、二甲基亚酰胺、碳酸锂、丙二醇和四氯乙烯涨幅居前。1 月份的投资策略上，建议关注制冷剂和化纤板块。

2021 年初以来，化工行业整体景气度明显提升，截至1 月18 日收盘，CS 石油石化指数单日上涨3.69%，年初至今上涨11.66%，在中信29 个一级行业中涨跌幅排名第一；CS 基础化工指数单日上涨2.46%，年初至今上涨6.01%，在中信29 个一级行业中涨跌幅排名第六。整体来看，我们认为2020Q3-2021Q1 是新一轮周期的起点，未来上市化企利润水平将持续企稳回升，预计在2021Q3-Q4 达到新一轮利润高点。从子板块来看，化工行业本次涨潮中可降解塑料、电子化学品以及以民营炼化为首的化纤三个子板块表现最为亮眼，其中电子化学品板块主要是板块补涨逻辑。

2020 年初至今国内外主要粮食作物价格上涨明显，国内玉米、大豆、小麦、中晚稻等主要粮食作物价格分别上涨45%/29%/3.5%/14%；CBOT 玉米、大豆和小麦等农作物期货结算价分别上涨27%/42%/15%。根据中金农业组预测，2021 年国内玉米饲用需求旺盛，玉米价格与种植收益仍将处于向上通道；同时小麦与水稻价格或受益于政策推动，水稻和小麦收储价格仍有向上空间。我们认为农作物价格上涨将带动种植收益提升和农民种植意愿增强，利好化肥等农业投入品需求增长，我们看好春耕旺季需求集中释放下化肥价格上涨。