China’s chemical industry research is advancing by leaps and bounds, Germany is under “great pressure”

German media said that the chairman of the German Chemical Industry Federation believes that it has become increasingly difficult for German chemical companies to maintain their innovation advantages. In 2013, China replaced Germany as the world’s largest chemical industry. The third largest chemical research base.

According to a report titled “China’s chemical industry research is advancing rapidly and Germany is under great pressure” published on the Deutsche Welle radio website on November 15, the Scientific Research and Education Committee of the Federation of the German Chemical Industry Chairman Wiesel said in Frankfurt on the 14th that the German chemical industry is feeling increasingly fierce competition from China in the research field.

He pointed out, “Global competition puts our companies under tremendous pressure to innovate, and it is increasingly difficult to maintain our innovation advantages.” German Chemical Industry Federation (German Chemical Industry Federation) According to news released by VCI, since 2014, China has actively developed more new chemical products than Germany and has now become the second largest exporter of chemical products after the United States. As early as 2013, China had replaced Germany as the world’s third largest chemical research base.

According to a survey by the Federation of the German Chemical Industry, China’s chemical and pharmaceutical R&D funding will account for nearly 15% of global R&D funding by 2030, thus replacing the current Japan ranks second, but still behind the United States. By 2030, the U.S.’s R&D spending will drop to 33.4% of its GDP, and Germany’s research funding will also drop to 6.4% of its GDP.

Wiesel, chairman of the German Chemical Industry Federation and a member of the board of directors of Evonik, said that the Chemical Industry Federation believes that Germany will be able to maintain its position as the world’s fourth largest chemical research base. He said: “I don’t think China is a threat, but it is a difficult job.”

According to information released by the Federation of the German Chemical Industry, the research funding of the German chemical and pharmaceutical industry increased by 4% in 2015, equivalent to an increase of 10.5 billion euros in expenditure, accounting for 10% of industry sales More than 5%, more than ever before. This expenditure will increase to 16.5 billion euros by 2030. Most of the funds will be used for the research and development of pharmaceuticals and specialty chemicals. Growth in these areas is expected to be greater than that in basic chemicals.

But Wiesel points out that expanding investment in research funding alone is not enough. He believes it is necessary to promote research and development from a tax perspective, simplify approval procedures, strengthen cooperation with universities and improve teaching facilities in the fields of mathematics and natural sciences.

(www.gsiyuan.com) Deeply engaged in the segmented industry of polyurethane raw materials – amine catalysts; research, development and compound production of various types of amine catalysts; main products: A-33|33LV|CS90|C225|GSY9727|SMP|Z-131|solidamine etc., suitable for end products such as sponge, molding, high resilience, self-crusting, PU toys and various hard and semi-hard foams.

Call Us

+971 55 906 6368

Email: jarveyni@zafchemllc.com

Working hours: Monday to Friday, 9:00-17:30 (GMT+8), closed on holidays

Scan to open our site

Scan to open our site

Home
Products
Application
Contact