中国化工品价格指数（CCPI）：本周CCPI 较上周下跌 0.7%，较上月同期上涨1.3%，年内涨幅为5.5%，较去年同期上涨3.9%。

核心观点：根据我们方正化工测算，在民营大炼化投产，PX进口依赖大幅下降的情况下，PX价差收窄，日韩的短流程装置由于承受较大的亏损压力有望逐步被淘汰，目前已有33%的短流程装置处于无法生产的状态。中流程装置根据各自盈利能力不同，部分优秀装置持续保持较强盈利，部分落后装置处于亏损状态，为目前行业边际产能，承担较大压力，而长流程的利润优势明显。在今年的价格体系下，未来有望维持短流程PX装置逐渐出清，部分落后中流程PX装置承压，长流程装置PX盈利较好的状态。我们方正化工持续看好国内民营大炼化及部分优秀中流程装置PX端的盈利能力。

“双循环”发展格局下，加快发展新材料，对推动技术创新，支撑产业升级，构建“国内大循环”具有重要战略意义。目前，新材料发展水平已经成为衡量制造业实力的重要标尺，推进新材料产业发展，是我国实现制造业转型升级、打通国内要素循环、提升产业链水平的主要方向。智能材料是继天然材料、合成高分子材料、人工设计材料之后的第四代材料。智能材料产业是新材料领域的一个重要分支，也是现代高技术新材料发展的重要方向之一，它将支撑未来高技术的发展，使传统意义上的功能材料和结构材料之间的界线逐渐消失，实现结构功能化、功能多样化。目前我国智能材料产业存在缺少核心专利，产品种类单一，竞争力不足，产学研结合不紧密，成果转化效率低等问题，与当前国际先进水平仍有较大差距。针对当前我国智能材料的不足，急需加强材料方面的基础研究，加快关键技术的突破，推进新材料的应用，从根本上推动我国智能材料产业转型升级和快速发展。

Flexible foam is a processed polymer or plastic made up of hydrocarbons and other organic units joined with urethane connections. They exhibit various characteristics, such as high durability and enhanced shock absorption. Flexible foams are used in automotive, furniture, bedding, and packaging end-use industries. Their uses range from sponges in the kitchen and medical dressings to large filters and soundproofing devices. For the purpose of analysis, the global flexible foam market is segmented into type, application, and region. The report highlights the revenue generated from various types of flexible foams, which include polyurethane (PU) foam, polyethylene (PE) foam, polypropylene (PP) foam, ethylene-vinyl acetate (EVA), and others. The applications covered in the study include furniture & bedding, transportation, packaging, construction, and consumer goods. Region wise, the flexible foam market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

The epitaxial wafer market for compound semiconductor holds a substantial scope for growth in the global market. Currently, it is in its growing stage, however, its contribution to the global market is expected to witness significant growth within the next six years. High cost associated with wafer manufacturing is a major limitation for market growth. However, recent innovations, which embed high efficiency and innovative features in smart devices, have enabled the technology to reach a wider audience base. Numerous players are entering the epitaxial wafer market for compound semiconductor with innovative products. Emerging development in IoT and growth of autonomous products are expected to drive the market growth in the future. The scope of the report discusses the potential opportunities for the market players to enter the global epitaxial wafer market for compound semiconductor. This report also provides in-depth analysis of the market, outlining current trends, key driving factors, and key area of investment. The report includes Porter’s five forces analysis to understand the competitive scenario of the industry and role of each stakeholder in the value chain. It features the strategies adopted by the key market players to maintain their foothold in the market.

Electron beam physical vapor deposition (EB-PVD) coatings are formed by a thin film deposition technique called as electron beam physical vapor deposition (electron beam evaporation). It is one of the thermal evaporation processes where electrons evaporate the coating material and cause it to deposit on the substrate. On contact with the substrate, the evaporant condenses and forms thin film on the substrate. Coating produced by EB-PVD process is in the scale of microns (μm). Coating can be single layer or multi-layered as per the properties required in the substrate. EB-PVD coatings mainly function as a thermal barrier coating (TBC) for high temperature environments such as in turbine blades and automotive engine components. Moreover, EB-PVD coatings improve the optical properties of optical lenses and enhance corrosion resistance of medical devices and biomedical implants.

The compound semiconductors market holds a substantial scope for growth in the global market. Currently, it is in its growing stage; however, its contribution to the global market is expected to witness significant growth within the next six years. High cost associated with compound semiconductor wafer manufacturing is a major limitation for the market growth. However, recent innovations, which implant high efficiency and innovative features in smart devices, have enabled the technology to reach a wider audience base. Numerous players are entering the compound semiconductors market with innovative products. Emerging development in IoT and growth of autonomous products are expected to drive the market growth in the future.

This report provides comprehensive analyses of the types of CNTs available in the market, such as SWCNT and MWCNT, along with current market trends and future growth potential. It focuses on the application areas of CNTs such as structural polymer composites, conductive polymer composites, conductive adhesives, fire retardant plastics, metal matrix composites, Li-ion battery electrodes, and others, including rubber tire reinforcement. It includes the analysis of CNTs across end-user industries such as electricals & electronics, aerospace & defense, energy, sporting goods, automotive, industrial, and others, including healthcare & life science and personal care. Moreover, the report analyzes the current market trends of the carbon nanotubes market across different regions and forecasts the opportunities in the market by analyzing government regulations, policies, and consumer preferences across various geographic regions.

环氧丙烷原料路线多样，应用领域丰富。目前国内主流工艺包括氯醇法、共 氧化法（PO/SM法、PO/TBA法、CHP法）以及HPPO直接氧化法，下游应用主要为聚 醚多元醇、碳酸二甲酯、丙二醇及其衍生物等。