What Sub-industry Of Chemical Industry Does Hubei Province Have A High Ratio Of Production Capacity? What Is The Impact Of The Outbreak

Feb 27, 2020

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Hubei production capacity accounted for a high proportion of sub-industries affected

The country research network thinks, at present look, chemical industry already concurrence pattern and industrial system won't produce fundamental change. In addition, the new coronavirus also against the epidemic related chemical products form short-term demand stimulation, to some industry enterprises form good. In the sub-industries such as phosphorus chemical industry, pesticide industry and vitamin industry with large production capacity in hubei province, the supply and demand of some products may be out of balance in a short period. Referring to the overall imbalance between supply and demand in the chemical industry during SARS in 2003, output quickly recovered to normal levels after the outbreak. In the medium and long term, the dominant chemical industry is still its own business cycle and supply and demand pattern.

At present, the epidemic is mainly concentrated in hubei province, and it is expected that the production of hubei chemical enterprises will be greatly affected. In terms of volume,

The chemical industry revenue of hubei accounted for about 3.5% of the total, ranking the 5th in China, and the number of enterprises accounted for 3.87%, also ranking the 5th. Overall, the volume of chemical industry in the province is not very large, the impact is relatively controllable. In terms of sub-industries, the sub-industries with a high proportion of production capacity in hubei include phosphorus chemical industry, pesticide, vitamin and so on.


Hubei province production capacity accounts for relatively high sub-industries


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