|By PR Newswire||
|March 25, 2014 07:00 PM EDT||
DUBLIN, Ireland, March 25, 2014 /PRNewswire/ --
Research and Markets (http://www.researchandmarkets.com/research/bd3t6n/production_and) has announced the addition of the "Production and Market of Aniline in China" report to their offering.
(Logo: http://photos.prnewswire.com/prnh/20130307/600769 )
As an important material of many chemicals such as MDI and rubber ingredients, the R&D of aniline in China is started in 1958, by Jilin Chemical Industry Co., Ltd. And it has kept a strong growth since the 1980s. However, a large quantity of aniline was needed to be imported because that the production of aniline still failed to meet demand in domestic market before 2004.
Since 2004, the capacity of aniline in China soared sharply and little aniline was imported since then. After about three years' capacity expansion, China's aniline industry entered a stage of overcapacity in 2007. And impacted by the world economic crisis in 2008 and 2009, both the demand and output of aniline in China dropped during this period. Luckily, started in H2 2009, Chinese government carried out a series of stimulus package to support the development of aniline industry, the industry began to recover since then. And both the production and market of aniline in China enjoyed a prosperous time during H2 2009 to 2010, which drove many producers decide to enlarge their capacity of aniline. And these expansion plans have been proved irrational and inappropriate afterwards. Especially after Yantai Wanhua, the largest consumer of aniline in China, launches its own aniline production line in early 2011, the situation of overcapacity in China gets worse.
Meanwhile, as the consumption of aniline in MDI industry and rubber ingredient industry increased so fast in the past few years, they became the largest and second largest consumption field of aniline in China, with occupation of over 65% and 16% respectively. What's more, their occupation in aniline market increase faster than those of other downstream fields, so the occupation of other fields is expected to decline in the next few years.
Generally speaking, MDI industry and rubber ingredient industry is expected to be the largest two consumption fields of aniline in the next five years where opportunities lie.
In order to point out the facts of the aniline industry in China and discuss the future trend, the authors made great efforts on the aspects listed as follows:
- Current capacity distribution among producers, including captive and non-captive capacity,
- Import/export situation of aniline and its raw material nitrobenzene,
- Price change of aniline in recent years,
- Consumption pattern of aniline by downstream fields,
- Key driving factors and barriers to aniline industry in the next five years
Key Topics Covered:
1 History of aniline in China
2 Technologies of aniline in China
3 Supply of aniline in China
4 Trade of aniline in China
5 Demand of aniline in China
6 Future prospect of aniline in China
7 Appendix: Profile of major aniline producers
- Bayer MaterialScience (China) Co., Ltd.
- Jiangsu Meilan Group Co., Ltd.
- Jilin Connell Chemical Industry Co., Ltd.
- Shandong Yantai Wanhua Polyurethane Co., Ltd.
- Sinopec Nanjing Chemical Industry Co., Ltd.
For more information visit http://www.researchandmarkets.com/research/bd3t6n/production_and
Media Contact: Laura Wood , +353-1-481-1716, [email protected]
SOURCE Research and Markets
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