Materials are the cornerstone of human civilization, and new materials are new engines to promote technological innovation, industrial transformation and social progress. The new material industry is an industry that the country has always attached great importance to. The establishment of the National New Material Industry Development Leading Group and the introduction of relevant policies to support the development of the new material industry have promoted the rapid development of the new material industry in a new direction. The new material industry involves important professional fields such as advanced glass materials, advanced ceramic materials, fibers and composite materials, and new building materials, covering tens of thousands of specific products. The key basic raw materials in the fields of equipment manufacturing, energy conservation and environmental protection support the development of my country's strategic emerging industries.
From a domestic point of view, especially during the "13th Five-Year Plan" period, the scale of China's new material industry has maintained a steady growth. In the future, the rapid development of new generation information technology, new energy, high-end equipment manufacturing and other application fields is expected to promote basic research and technology of materials. innovation. According to data from the Ministry of Industry and Information Technology, the market size of China's new materials industry was 2 trillion yuan in 2015, and it is expected to grow to 10 trillion yuan in 2025, with an average annual compound growth rate of 17.46%.
The data comes from the Ministry of Industry and Information Technology
From a global perspective, the new material industry has grown rapidly in recent years and is widely used in industries such as aerospace, electrical and electronics, medical equipment, and automobiles, and is expected to usher in a large demand in the future. Prospective Industry Research predicts that the global new material industry is expected to exceed US$6 trillion in 2026.
The data comes from the Qianzhan Research Institute
In the past two decades, hundreds of new material companies have entered the capital market one after another, based on the new material industry, playing a leading role in different market segments, and actively seeking better development. There is such a company in the Hong Kong stock market. It is not only a leading company in the new material subdivision industry, but also quickly achieved a stock price increase of more than 2.5 times after landing on the Hong Kong stock market. A company, which is a leading enterprise of pearlescent materials in China and a leading manufacturer of synthetic mica in the world - Global New Materials International (6616.HK).
Continuous research and development to build high industry barriers
Since its establishment in 2011, Global New Materials International (Seven-Color Pearl) has been deeply involved in the R&D and production of mica material products for more than ten years. Strong research and development capabilities are the foundation and guarantee for the rapid development of Global New Materials International and its long-term leading position in the industry . In the past few years, with its strong research and development capabilities, Global New Materials International has overcome many industry problems. At present, the company has three invention patents for synthetic mica, such as: "Preparation method of conductive mica powder", "A preparation method of wet-synthesized KMg3 (AlSi3O10) F2 crystal powder", "A magnetic Pearlescent pigments and their preparation methods”; such patented technologies won the gold and silver awards of the Guangxi Invention and Creation Achievements Exhibition and the silver award of the 6th Guangxi Invention and Creation Achievements Exhibition. It is worth mentioning that in the past two months, artificial synthetic mica has been continuously selected into the national "Industrial Foundation Innovation and Development Catalog (2021 Edition)" and "Liuzhou The catalog of major industrial products in the city (2022)", the international leading products of global new materials pearlescent pigments and synthetic mica were selected into the industrial product catalog of the industry, which will also greatly promote the development of synthetic mica and its upstream and downstream related industries, and further promote artificial synthesis The development of mica industry has been improved and upgraded.
At present, compared with foreign countries, my country's synthetic mica production technology is already at the world's leading level, especially driven by leading companies in the industry such as Global New Materials International, the growth rate of the synthetic mica field is accelerating. The concentration of the industry is gradually increasing, the entry barriers of China's mica industry (especially the field of synthetic mica) are increasing, and small and medium players are gradually being swallowed up or eliminated by industry-leading players.
Synthetic mica has excellent performance and the product field continues to advance
Driven by the wave of consumption upgrades, consumers have higher and higher requirements for the performance of pearlescent materials. For example, in the automotive grade pearlescent material market, pearlescent materials need to have stricter particle size distribution, precise and stable hue control and weather resistance. The level of craftsmanship is also higher and so on. In this context, the core technology of pearlescent materials needs further breakthroughs in order to meet the increasingly widespread and high-end needs of downstream fields. Among the core technologies, the breakthrough of synthetic mica technology will become one of the important technologies for improving the performance of pearlescent materials. As one of the matrix materials of pearlescent materials, synthetic mica has an extremely important impact on the quality of pearlescent materials; breakthroughs in synthetic mica technology will help improve the quality of pearlescent materials and help them expand downstream applications. Thanks to the continuous upgrading and breakthrough of synthetic mica technology, the boundaries of its product application are also constantly expanding. For example, compared with natural mica, synthetic mica has the advantages of higher temperature resistance (up to 1200 ℃), higher resistivity (1000 times higher), more acid and alkali resistance, transparency, peelability and elasticity, etc. Core basic materials such as synthetic residual anger insulating sheets for spacecraft, synthetic mica insulating sheets for environmental monitoring satellites, and synthetic mica polarizing sheets for radar phase shifters also have good application prospects in the field of medical and health care. Because of this, Global New Materials International has broken through the margin of synthetic mica products this year, successfully entered the industrial chain of the new energy battery field, and successfully developed new energy battery heat insulation products made of artificial synthetic mica substrates. After testing, its high temperature resistance index reaches 1150 °C, and its high voltage breakdown resistance index reaches 20KV/mm, while the traditional polymer material separator can only withstand the temperature of 400 degrees, while the separator made of artificial synthetic mica can withstand temperatures above 1200 degrees. High temperature, the performance far exceeds the plastic flame retardant boards commonly used in the current market. It performs well in battery thermal management and thermal safety, and can effectively prevent heat transfer and spread. The battery pack lined with synthetic mica is even better in insulation, fire prevention, The explosion-proof and anti-corrosion performance far exceeds the current conventional battery packs, which also shows that the synthetic mica insulation and flame-retardant products are of excellent quality.
Through years of industry accumulation, Global New Materials International currently has a diversified product portfolio to meet the needs of different downstream application industries. Diversified product production capacity is also conducive to further improving the utilization rate of mica products. Make full use of products of various specifications and grades as raw materials for downstream products to make the best use of the products, thereby reducing production costs and increasing gross profit margins. For example, poor-grade mica flakes can be used as fillers for insulation products, and mica powder that does not meet the requirements of downstream pearlescent pigment manufacturers can be used to produce mica paper and mica boards. At the same time, under the increasingly fierce global and Chinese mica market competition environment, the diversified product portfolio also reduces the risk of slowing down the growth rate of a single downstream application industry faced by mica manufacturers, making it more calm than other competitors respond to emergencies such as financial crises.
Although the application of mica products has been very diversified, its application fields are still expanding, especially synthetic mica products. In the future, with the improvement of the overall research and development capabilities of the synthetic mica market, synthetic mica will enter more application fields with its better performance. At the same time, with the continuous improvement of the technical research and development capabilities of the synthetic mica market, and the increasing requirements for the quality and safety of pearlescent material products in downstream application industries, the penetration rate of synthetic mica in the global pearlescent material market will steadily increase.