The application and promotion of new non-metallic materials driven by double carbon accelerated. The central economic work conference proposed to correctly understand and grasp the carbon peak and carbon neutralization. On the one hand, it is emphasized that carbon peak and carbon neutralization cannot be accomplished in one battle, and the gradual withdrawal of traditional energy should be based on the safe and reliable substitution of new energy. Correct the "sports carbon reduction" in the early stage. On the other hand, it emphasizes the need for scientific assessment. The new renewable energy and raw material energy consumption will not be included in the total energy consumption control, and gradually realize the transformation from "dual control of energy consumption" to "dual control of carbon emission reduction". The change of assessment methods is expected to greatly promote the construction of new energy.
High performance fiber materials: good demand. In 2022, the demand increment of glass fiber market will be greater than the supply increment, and the tight pattern of glass fiber supply and demand may continue. Compared with traditional heavy refractories, ceramic fibers can effectively reduce energy consumption by 20-40%, and play an important role in energy conservation and environmental protection in the production process of downstream application industries.
Special glass materials: domestic replacement is at the right time. In the field of quartz glass, Chinese enterprises have successively obtained the certification of international semiconductor equipment manufacturers, which has certain technical advantages. In the field of electronic glass, Chinese enterprise products have achieved full coverage of various application scenarios at the high, middle and low ends, forming a solid foundation for market competition.
Building materials: strong recovery after completion and steady growth of infrastructure. Under the expectation of steady growth, China's infrastructure and real estate investment are expected to recover. The accelerated issuance of special bonds will promote subsequent infrastructure investment and major project construction. Affordable housing construction is expected to boost real estate investment.
Investment suggestions: in 2022, non-metallic materials will mainly focus on the following investment directions: (1) leading consumer building materials benefiting from the improvement of industry concentration: Beijing Oriental Yuhong Waterproof Technology Co.Ltd(002271) (002271. SZ), Guangdong Kinlong Hardware Products Co.Ltd(002791) (002791. SZ), Zhejiang Weixing New Building Materials Co.Ltd(002372) (002372. SZ), Yonggao Co.Ltd(002641) (002641. SZ). (2) Glass fiber faucet benefiting from the increase of wind power demand: China Jushi Co.Ltd(600176) (600176. SH). (3) Glass faucets with multi service layout Zhuzhou Kibing Group Co.Ltd(601636) (601636. SH), Csg Holding Co.Ltd(000012) (000012. SZ). (4) Regional leaders of cement industry Huaxin Cement Co.Ltd(600801) (600801. SH), Gansu Shangfeng Cement Co.Ltd(000672) (000672. SZ) benefiting from the recovery of infrastructure investment. (5) The Jiangsu Pacific Quartz Co.Ltd(603688) (603688. SH) of high-purity quartz sand production capacity improvement.
(6) Luyang Energy-Saving Materials Co.Ltd(002088) (002088. SZ) benefiting from the increased demand for ceramic fibers.
( China Galaxy Securities Co.Ltd(601881) securities)
