The prosperity during China's National Day is the most powerful signal to the world of our economic recovery. Many places abroad are still dealing with the second rebound of the epidemic, but all walks of life in China have gradually entered the right track. Like carbomer, a raw material for daily chemicals, China, which originally relied on imports, is now self-sufficient and favored by foreign manufacturers.
In terms of the overall economy, the World Bank predicts that China's GDP will grow by 1.6% this year, while the global economy as a whole will shrink by 5.2%. China has achieved a faster recovery through various measures. The effect is obvious. It is estimated that by the end of this year, China's share of global GDP may rise by about 1.1 percentage points, which is more than three times the share obtained in 2019. In contrast, the shares of the United States and Europe both declined slightly. It is estimated that by the end of the year, China’s total economic volume will be approximately US$14.6 trillion, which is approximately 17.5% of global GDP.
Regarding imported raw materials, carbomer raw materials are only one of a variety of raw materials, and there are also many daily chemicals, chemicals, food, reagents and other raw materials that are gradually showing a trend of domestic raw materials replacing imported raw materials. Although some raw materials in Europe and the United States have inherent advantages such as early industrial development and complete industrial chain, some of them are indeed ahead of domestic enterprises in terms of technology and entrepreneurship.
Carbomer raw cardboard drums ready for loading
After the outbreak of the epidemic, the restricted import of raw materials has also accelerated the research and development process of domestic high-quality raw materials, enabling many raw material production technologies including carbomer to gradually develop to the international advanced level. On the other hand, China's large population and high market demand have laid a foundation for the development of domestic reagent raw materials, and can also stimulate the potential of domestic enterprises in the development and innovation of raw materials technology.
The raw materials of carbomer, especially carbomer 980 and 940, due to its high efficiency of gelling, suspending, thickening, and dispersing in many substances without adverse effects on each other, it is used in cosmetics, shampoos, medical The position in products such as accessories is basically irreplaceable. For modern daily life, the demand for carbomer is also very large.
The performance of carbomer used in different industries is also different. In addition to being used as a gel in skin care products and cosmetics, carbomer can also be used as a hand-washing gel, which is also used more during the epidemic. A disinfectant hand sanitizer. The demand for carbomer raw materials has increased and has been recognized by many foreign companies. This also reflects the significant recovery of China's economy.
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