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Development trend of new material industry
2024-08-27
The development status and trend of the new material industry is showing a positive trend, with broad market prospects and strong development momentum.
As an important part of strategic emerging industries, the new materials industry plays an important supporting role in realizing innovation-driven development. It is not only an important guarantee for the leading industry of the national economy, high-end manufacturing and national defense industry, but also the focus of international strategic competition among countries all over the world. In recent years, the scale of China's new materials market has maintained steady growth, and the development and progress of new materials have significantly promoted the production technology in various fields. Data show that the market size of China's new materials industry has increased from 2.3 trillion yuan in 2016 to 4.5 trillion yuan in 2019, and the market size of China's new materials industry has reached 8 trillion yuan by 2022. This shows that the new material industry is playing an increasingly important role in China's economic development, and the market demand continues to grow
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