As “industrial monosodium glutamate”, cellulose ether has a low proportion of cellulose ether and has a wide range of applications. The downstream industries are scattered in all walks of life in the national economy.
Normally, the downstream construction industry and real estate industry will have a certain impact on the growth rate of demand for building material grade cellulose ether. When the domestic construction industry and real estate industry are growing rapidly, the domestic market demand for building material grade cellulose ether is growing rapidly. When the growth rate of the domestic construction industry and real estate industry slows down, the growth rate of demand for building material grade cellulose ether in the domestic market will slow down, which will intensify the competition in this industry and accelerate the process of survival of the fittest among enterprises in this industry.
Since 2022, in the context of the slowdown in the domestic construction industry and real estate industry, the demand for building material grade cellulose ether in the domestic market has not fluctuated significantly. The main reasons are: 1. The overall scale of the domestic construction industry and real estate industry is large, and the total market demand is relatively large; the main consumer market of building material grade cellulose ether is gradually expanding from economically developed areas and first- and second-tier cities to the central and western regions and third-tier cities , domestic demand growth potential and space expansion; 2. The amount of cellulose ether added accounts for a low proportion of the cost of building materials. The amount used by a single customer is small, and customers are scattered, which is prone to rigid demand. The total demand in the downstream market is relatively stable; 3. The change of market price is an important factor affecting the demand structure change of building material grade cellulose ether. Since 2012, the selling price of building material grade cellulose ether has dropped greatly, which has caused a large drop in the price of mid-to-high-end products and attracted more customers to purchase and choose , increasing the demand for mid-to-high-end products, and squeezing the market demand and price space for ordinary models.
The degree of development of the pharmaceutical industry and the growth rate of the pharmaceutical industry will affect the demand for pharmaceutical grade cellulose ether. The improvement of people’s living standards and the developed food industry are conducive to driving the market demand for food-grade cellulose ether.