Pharmaceutical industry upgrade: chemical raw materials have continued to grow, and the market size is huge

2018-09-21 17:07:10

Chemical raw materials are developing rapidly

As an important part of my country's pharmaceutical industry, chemical raw materials have developed rapidly, and the industry's sales revenue and total profit continue to remain on the upward channel, with the growth trend unabated. The chemical raw materials industry has been continuously upgraded, and its products have shifted from mid- and low-end to mid- and high-end, and its R&D level has been greatly improved, and its prospects have continued to improve. 

What are chemical raw materials

Chemical raw materials refer to raw materials used to produce various preparations, that is, substances such as pharmaceutical powders, crystals, extracts, etc. that patients cannot take directly through specific preparation methods. The preparation methods generally include chemical synthesis, plant extraction or biotechnology. 

According to the classification of efficacy and purpose, chemical raw materials can be divided into anti-infection, vitamins, respiratory medicine, etc.; according to the classification of product value and characteristics, chemical raw materials can be divided into bulk raw materials and characteristic raw materials. 

Bulk raw materials refer to traditional chemical raw materials with large demand, mature processes, and no patent disputes, such as antibiotics, vitamins, etc., which are closely related to basic medical insurance. Specialty raw materials refer to raw materials with newly expired products. Generally speaking, specialty raw materials have relatively high profits. 

At present, most of my country's chemical raw material companies are simple raw material suppliers, relying on scale and low cost to win the market, and are less competitive in special raw material. With the increase in labor costs and the increase in environmental protection pressure, it is difficult for chemical raw materials to maintain their price advantages, and advancing towards mid-to-high-end raw materials is the future development trend. 

In the production process of chemical raw materials, there are many types of pollutants, high toxicity, corrosiveness, and difficult to deal with harmless treatment. This is a key area of ​​environmental protection rectification. Therefore, in the context of increasing investment in environmental protection, chemical raw materials are facing tremendous pressure, and transformation and upgrading are inevitable. 

According to the data of the "China Chemical Raw Materials Industry Production and Sales Demand and Investment Forecast Analysis Report" provided by the Forward-looking Industry Research Institute, in 2014, the market size of chemical raw materials was 424.035 billion yuan, a year-on-year increase of 11.35%; it is expected that the average annual compound growth rate in the next five years will be 9.5%, and the market size will exceed 700 billion yuan by 2020. 

Prospects of chemical raw materials

      总的来说，Prospects of chemical raw materials向好，经过调整升级后，有望保持较快增速。未来化学原料药行业还需进一步提高产能有效利用，做大产业规模，扩大制剂出口以实现转型升级。