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在2024年H1处于产能过剩的行业中,依然有部分行业产能新增压力较大
在2024年H1处于产能过剩的行业中,依然有部分行业产能新增压力较大
行业数据
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所属报告:
资本新秩序系列(八):产能周期:去金融化下的挑战与机遇-240925(28页).pdf
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我们进一步对产能过剩压力较大的行业(产能使用现状低于第三象限,且仍在不断恶化)的新增产能压力情况进行分析,可以看到部分高端制造业(如光伏设备、CXO、生物制品、电池等)的新增产能压力尽管依高于历史中枢,然而依然出现边际收缩迹象;而相较之下,化纤、电子化学品、半导体等板块在产能过剩风险较大的情况下,依然有较大的新增产能压力。
行业数据
原图定位
当前图表所属:
资本新秩序系列(八):产能周期:去金融化下的挑战与机遇-240925(28页).pdf
2026年产能周期行业报告:高端制造产能首次出清,资源品重估空间展望
2023年末重点细分行业产能周期所处阶段
2004年至今,制造业共经历了四轮相对完整的产能周期
标准的产能周期示意
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