Core Insights - The chemical new materials industry in China is rapidly developing but faces structural deficiencies, particularly in high-end supply, which is expected to improve by 2030 with a projected self-sufficiency rate of 90% [1][2] - Key areas for development include automotive, electronic information, aerospace, rail transportation, energy conservation, new energy, healthcare, and national defense, with a focus on addressing supply bottlenecks in critical raw materials [2] Industry Overview - The chemical new materials industry is expanding, with continuous improvements in the industrial system and technological innovation capabilities [1] - There is a growing number of specialized chemical new materials parks, and foreign investment in China's chemical new materials market is increasing [1] Challenges and Opportunities - Structural contradictions are prominent, including insufficient high-end supply, bottlenecks in key raw materials and special equipment, and a fragmented market with high entry barriers [1] - Despite current supply shortages, the self-sufficiency rates for various high-end materials are projected to rise significantly by 2030, including 83% for high-end polyolefin plastics and 90% for special rubber and elastomers [1] Strategic Recommendations - Companies should focus on optimizing and enhancing key chemical new materials while addressing supply bottlenecks in critical supporting materials [2] - Emphasis should be placed on technological advancements and policy-driven investment opportunities, with a call for mergers and acquisitions to strengthen industry influence [2] - Companies are encouraged to balance strengthening existing advantages with innovation and exploring new business areas to foster growth [2]