Environmental catalysts are substances that accelerate chemical reactions to facilitate the conversion of harmful pollutants into less hazardous or inert forms, mitigating environmental impact. Widely used in industries such as automotive, petrochemicals, and power generation, these catalysts play a crucial role in reducing emissions of pollutants like nitrogen oxides and sulfur dioxide.

Epoxy resins are a versatile class of synthetic polymers known for their exceptional adhesive properties, mechanical strength, and chemical resistance. Defined by their ability to form cross￾linked networks upon curing, these resins are used in various applications across various industries. Epoxy resin is superior to other resins because it has low shrink during cure and excellent moisture and chemical resistance. It is impact-resistant, has good electrical and insulation properties, and has a long shelf life.

Ethylene acrylic acid (EAA) copolymer comprises ethylene and acrylic acid and exhibits the properties of both compounds. The compound is dispersible in aqueous alkali solutions and amines. EAA copolymer exhibits unique properties such as adhesion, water resistance, flexibility, enhanced barriers, improved optics, and high strength. EAA copolymer is used in adhesives, barrier coatings, and inks.

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Fabric conditioners are cationic surfactants that contain fragrances (natural/artificial), coloring agents, and preservatives such as bronopol, formaldehyde, and chloride. They make the clothes soft and give long-lasting fragrance to garments. Fabric conditioners also make the cloth less static, easy to iron and maintain the shape of the garment for longer. Economic development is contributing to greater purchasing power and awareness about fabric conditioners in developing regions. The growing level of urbanization and the introduction of new products and technologies are some other factors driving the market.

Global Filament Wound Composites Market - Growth Trends and Forecasts (2024 - 2029)

2025 年 3 月行业整体价差偏弱，美国关税政策或扰动需求侧 25 年 3 月末 CCPI-原油价差约 439，处于 2012 年以来 30%以下分位数， 受油价相对高位以及供需偏弱等影响价差仍有承压。3 月提价产品主要系磷 化工产品、脂肪醇等供给端受限的品种。我们认为，短期受美国关税政策影 响，行业下游需求跟进或存一定扰动；中期而言国内经济恢复以及亚非拉等 地区需求增长，终端需求有望逐步迎来改善，叠加供给侧自我调整，25H2 或迎复苏起点，成本减压及需求改善的下游环节或率先复苏。

基础化工行业：化工品价格延续回落，关注需求具有保障的钾肥和磷化工行业

聚苯硫醚PPS综合性能优异，应用领域广泛，2023年消费占比居六类特种工程塑料之首： PPS具有优良的耐高温、耐腐蚀、耐辐射、阻燃、均衡的物理机械性能和极好的尺寸稳定 性以及优良的电性能等特点，被广泛用作结构性高分子材料，通过填充、改性后广泛用作 特种工程塑料。同时，PPS还可制成各种功能性的薄膜、涂层和复合材料,在电子电器、航 空航天、汽车运输等领域获得成功应用。据中国化信咨询，2023年，PPS消费占比居六类 特种工程塑料之首，达27%。

美国对等关税靴子落地，中对美加征反制关税 美国白宫发表声明，拟从美东时间 4 月 5 日起，对所有国家征收 10%的“基准关税”（从价税）。 此外，还将从 4 月 9 日开始，对美国贸易逆差最大的国家征收个性化的更高对等关税，美国列 举了 180 多个经济体对美关税税率，并在此基础列举了“对等税率”，后者幅度从 10%-50%不 等。其中，对中国大陆、欧盟、越南、中国台湾、日本、韩国、印度的互惠税率分别为 34%、 20%、46%、32%、24%、25%、26%。4 月 4 日，中方发起反制，称自 4 月 10 日起，中方 对原产于美国的所有进口商品加征 34%关税。