The future of the German chemical industry is still very good prospects for development

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According to a recent research report released by the German Chemical Industry Association (VCI) recently, as the third pillar industry in Germany, the chemical industry has played an important role in promoting the sustainable development of the German economy and improving people's well-being. In the future, thanks to the continuous increase in demand for chemical products in the world, especially in Asia and Latin America, the German chemical industry still has a good development prospect.

As the world economic center gradually shifts to Asia, especially China, the German chemical industry is also facing increasingly severe competition. To this end, Germany needs to proceed from the following aspects and actively respond: First, continue to strengthen innovation. By 2030, an additional €9 billion will be invested in R&D for this industry to 18 billion euros, an increase of 4% per year. Second, it will focus on the development of specialty chemical products. At present, the proportion of pigments, pesticides, special plastics, etc. in the chemical products in Germany has reached 43%. Germany's technical superiority in the above-mentioned areas is the key to maintaining the competitiveness of Dehua Industry. In the future, Germany will continue to focus on R&D and production in the above fields. The third is to continue to increase production efficiency. The increase in international competition and the increase in energy and raw material prices have forced the German chemical industry to continue to improve energy efficiency. By 2030, German chemical industry output will increase by 40%, but raw material consumption can only increase by 15%, and energy consumption can only increase by 8%. The fourth is to optimize the sources of raw materials. Currently, Dehua Industry can use 2.7 million tons of plant raw materials to process special chemical products each year, and the use of renewable raw materials will increase by 50% by 2030, which will greatly reduce the dependence of the chemical industry on limited fossil raw materials.

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