短期内，在可降解塑料需求快速提升的情况下，供不应求的市场局面将保持，拥有可降解塑料原材料产能的生产企业仍将受益，给予子行业“推荐”评级。相关受益标的包括：金发科技、恒力石化、万华化学、彤程新材、瑞丰高材、莫高股份、道恩股份、东华科技、金丹科技等。

油价大幅上涨，周五布油收盘价 66.11 美元/桶，环比上周跌 0.66 美 元/桶；美国原油钻机数量减少，当周原油钻机数 343 部，环比减 1 口，前值持平。景气持续未变，淡季价格有所回调，反而是买入之时， 持续推荐具备阿尔法的共识性龙头。

上周化工新材料指数跑输创业板指，截至 2021 年 4 月 25 日，化 工新材料指数收 1064 点，较此前的 1028 点上涨 3.43%，跑输同 期创业板指的上涨 7.58%。新材料标的仍然是全年投资机会（半导体+OLED）。

Thermal spray coating is a coating process that involves heating a material in powder or wire form to a molten or semi-molten state. The material is then coated on a surface using a stream of gas or compressed air. The coating material consists of a single material such as ceramics or can be alloy or composite with unique physical properties. The report includes the study of the thermal spray coating market with respect to the growth prospects and restraints based on the regional analysis.

The global K-beauty products market is analyzed on the basis of its prospect and future growth rate. The report highlights numerous factors that influence the growth of the market. These include market forecast, drivers, restraints, opportunities, and role of different key players operating in the market. K-beauty products refer to the skincare and makeup products originated from South Korea. These beauty products emphasize particularly on skin aesthetics such as health, hydration, and luminous textured skin. Korean women have traditionally favored glowing ‘glass’ skin over layers of foundation and lengthy skin care regimes with focus on toning and clarifying. Their beauty standards focus on the appearance of moisture on the skin, resulting in an augmented fondness for cremes over powders. The concept of K-beauty products has gradually gained popularity worldwide, especially in the U.S. and the Asian countries. Products in this segment are manufactured using unique ingredients such as snail slime, bee venom, starfish extract, pig collagen, and morphing masks. The K-beauty skin care regime entails a series of steps including cleansers, serums, toners, sheet masks, fermented products, SPF 35 sunscreen, night creams, and moisturizers.

Industrial adhesives are used to bond various substrates via surface bonding and cohesion. They are designed to help the manufacturing of materials and components. They are developed to resist peel forces & extreme impacts, provide high sheer strength, and offer superior temperature & chemical resistance. The report focuses on various compositions of industrial adhesives such as polyurethane, epoxy, acrylic, vinyl, and others. Types of adhesives, such as water-based adhesives, solvent-based adhesives, hot melt adhesives, and other, are also covered in the study. Furthermore, different end-use industries are also analyzed in the study such as packaging, construction, automotive, electrical, and electronics. Moreover, the study also evaluates the current market trends and suggests future growth opportunities by analyzing government regulations & policies. The report further covers the strategies adopted by key players to sustain the competitive environment and increase their market share.

A paint roller is a painting tool which is utilized for painting flat surfaces efficiently. It includes roller frame and a cover which absorbs the paint and applies it to the respective surface. The handle section is used by painter to hold the roller, the roller frame is connected to the roller cover. The roller cover can be cleaned and reused or disposed after use. The global paint roller market is segmented on the basis of fabric, frame size, end user, and region. On the basis of fabric, the market is divided into a synthetic and blended. On the basis of frame size, it is classified into shorter, medium, and large. On the basis of end user, the market is divided into industrial, residential, and commercial.

Hydraulic fluids encompass a line of different flowing forms of lubricants each designed for a different part of your vehicle or machinery. It is the base fluid that is used in the different area of your vehicle that uses the force of the actual non-compressing fluid to create both a flow of force and protection. Hydraulic fluid consists of numerous superior properties including better stability at high temp, long life and good performance as compared to ordinary turbine oil, better viscosity, and others. Attributing to these properties, hydraulic fluid finds wide range of applications across various industries including oil & gas, chemical manufacturing, automotive, and others.

The paints and coatings industry is highly regulated. Manufacturers are adopting products with low Volatile Organic Compound (VOC) to manufacture paints and coatings. The paint and coating market is fragmented with large number of players available in the market in almost all the regions of the world. There are also several regional manufacturers. Around 10–12 large multinational manufacturers have expanded their operations to countries such as India and China. The production and consumption of paints and coatings is largest in the APAC region. The demand is high from countries such as China and India. The APAC region accounts for 56% share of the overall paint and coatings market by volume. The coatings market grows in tandem with the economy; thus, the market is expected to witness growth in developing economies.

上周新材料板块表现疲软，周内板块下跌2.58%，同期沪深300 下跌1.37%，新材料板块落后大盘1.21 个百分点。建议关注2 条主线：1.随5G、新基建建设进程加速而逐步实现国产替代的新材料，如碳纤维、半导体材料、显示材料等；2.政策面强劲支撑下，市场需求持续放量的环保材料，如汽车尾气处理相关材料、可降解塑料等。