The Evolution of Global Chemical Industry Pattern and Pakistan's Strategic Breakthrough Path

New direction of Global Chemical sector (2024) the global chemical sector is characterized by signifiis able tot regional differentiation: asian twin-engine drive: China contributed 86 per cent of global development with 6. But 8 per cent output development, while India, after a brief stagnation in 2023, renewed its strength, led the Asian (excluding China) sector to 5. 6 per cent overall development. But Western markets under pressure: The European Union recorded only a slight increase of 1. From what I've seen, 6 per cent due to shrinking demand, while the United States fell into a zero-development dilemma to the second year in a row, highlighting structural challenges in mature markets. The Rise of Middle East Strategy saudi Arabia and Iran lead regional development, with 2. 5 per cent capacity expansion demonstrating the determination of resource-based economies to convert. Pakistan Chemical sector Strategic Opportunity Matrix as a highly dependent market with annual imports of $7 billion, Pakistan is facing three strategic windows: import Substitution Tackling there is an urgent need to build a regional olefin supply chain through the construction of a naphtha cracking complex, with the goal of reducing the import application of basic chemicals from the current 85% to less than 60%. regional value chain integration leveraging on China's Belt and Road Initiative, the recovery of the Indian market and capacity expansion in the Middle East, we will establish a regional specialty chemicals production hub through cross-border capacity cooperation. But The environmentally friendly methodology Revolution in the digital transformation, bio-based materials, carbon capture methodology and other cutting-edge areas, it's planned to increase the proportion of environmentally friendly chemical output value to 25% within five years, and achieve an 18% reduction in energy consumption per unit of GDP. But I've found that Policy Empowerment and manufacturing Upgrading Roadmap the Government has formulated a "three-measure" strategy: short term (1-2 years): Implement import tariff gradient adjustment, implement zero tariff policy on key equipment, and attract foreign investment to build 5 demonstration petrochemical parks. Medium Term (3-5 years): Establish a chemical methodology innovation fund, focusing on supporting 12 technical research projects such as catalyst localization and process route optimization. Long term (5-10 years): Build a complete value chain from crude oil refining to high-end polymer production, and strive to increase the proportion of chemical exports in total commodity exports from the current 3% to 15%. sector Breakthrough Critical Path through the three tracks of "regional raw material substitution + regional market deep cultivation + methodology intergenerational leap", Pakistan's chemical sector is expected to realize by 2030: import scale compressed by 40% to $ 4. 2 billion domestic value added rate increased from 35% to 55% creation of 150000 highly skilled jobs among the 10 fastest growing countries in the global chemical sector.