2019 年 9 月淘系平台化妆品类（美容护肤+彩妆）GMV 合计为 170.02亿元，同比增长 43.92%。其中美容护肤类 GMV 为 120.73 亿元，同比增长 56.72%，占比 71.01%；彩妆类 GMV 为 49.29 亿元，同比增长 19.92%，占比 28.99%。 

公司是全国最大的光引发剂供应商。公司成立于 1998 年10 月，在化工专业背景雄厚的高管团队的努力下，公司目前已成为国内产量最大、品种最全的光引发剂供应商，公司专注于光固化领域十余年，积累了大量专利与非专利技术，并构建了成熟高效的研发和成果转化体系，形成了较强的持续研发创新能力。其较竞争对手更为齐全的光引发剂型号和按客户需求特殊研发的能力进一步提升了其龙头能力。 

中国大陆轮胎企业在全球的市占率变化大致经历了以下三个阶段：快速扩张阶段（1991-2013）：大陆轮胎企业依靠成本费用优势快速抢占全球市场，市占率一路攀升至15.2%；去产能阶段（2013-2016）：由于贸易摩擦加剧，中国大陆轮胎企业出口受阻，轮胎产业进入去产能阶段；海外建厂阶段（2017-今）：中国大陆头部企业纷纷“走出去”建厂规避贸易争端，海外工厂放量抢占市场。

维持行业强于大市评级。2019 年以来化工产品价格普遍回落，且下游需求仍然羸弱，但仍有多家公司三季报业绩预喜。预计未来行业集中度将持续提升，龙头企业有望获得更多市场份额与更高盈利水平。 

光引发剂是光固化体系中的关键材料，与活性稀释剂、低聚物、助剂等原材料形成配方产品，其使用量在光固化产品中的占比为 1-5%，但成本占到光固化产品整体成本的10-15%。目前行业内主流的光引发剂品种为 907、TPO、184、1173、DETX、 ITX、369 等，涂料、油墨生产商需视其需求不同、配方不同、产品性能不同来选择不同的光引发剂进行搭配使用。UV 光固化技术优越性突出，产品应用领域快速拓展，终端应用已经渗透到人们日常生活中。

今年以来，纺服板块在基本面表现欠佳，热点相对缺乏之下表现平平，估值也处于历史较低水平。但从近期行业数据及部分公司经营情况来看已显示边际改善迹象，其中龙头公司表现更加突出。而在前期股价调整之际，不少企业也进一步完成了管理层股权绑定，业绩释放的主观能动性也得到增强。而即将到来的三季报有望在较好的业绩表现下成为龙头公司良好的估值修复契机。

The global hair oil market is consolidated, with the presence of few key players holding majority of the market share. Companies, like Marico, Dabur, Bajaj, and Emami Group, are primarily focusing on innovation, thereby accounting for the majority share in the global hair oil market. These companies are introducing new and i nnovative products, in terms of ingredients, size, and packaging format. Owing to this factor, there is an increase in the level of competition among the market players. Thus, the market is more innovation-driven in terms of product variants.

The electronics and semiconductor industry is a significant consumer of helium. Helium is used as the sleeve in rods that create LCD screens. Moreover, it is used as a protective gas for flushing vessels during the processing of semiconductor chips, and as a cooling gas during the growth of silicon crystals. Helium is also considered vital for the manufacturing of optic fiber cables, as the presence of helium in the atmosphere prevents bubbles from trapping inside the fiber cables. Hard drives are filled with helium, in order to achieve numerous disks and high data storage capacity. Due to the rising focus regarding the adoption of small size, the use of semiconductor chips or integrated circuits is increasing at a high rate, not only for computers and smartphones, but also for memory chips and image sensors.

The hybrid adhesives and sealants market is extensive. They are widely used in building and construction applications. The building and construction segment holds the largest market share within the end-user industry. They offer excellent technical properties, easy and clean application, strong dynamic stress absorption, mechanical endurance, excellent adhesion, long-lasting joints, peel strength, resistance to temperature fluctuations, high chemical, UV and water resistance, low odor, corrosion resistance, good shock and vibration resistance, and strong and secure adhesion, with less substrate.

The global ready-mix concrete market (henceforth referred to as the market studied, unless specified otherwise) report is segmented on the basis of application and geography. By application, t he market studied has been segmented into residential and non-residential applications. Within the non- residential application, it is further segmented into commercial, infrastructure, and industrial/institutional applications.