Ethylene Oxide Industry (EO) Global and China 2019 - 2020 Market Research and Forecast Reports
DALLAS, November 22, 2014 /PRNewswire/ --
RnRMarketResearch.com adds China Ethylene Oxide (EO) Industry Report, 2014-2020 and Market Research Report on Global and Chinese Ethylene oxide Industry, 2009-2019 to the organic chemicals industry intelligence collection of its online library.
In 2013, the global Ethylene Oxide market (EO) capacity was mainly distributed in Asia-Pacific, the Middle East and North America, wherein Asia-Pacific contributed 38% to the total capacity. As one of main EO producing areas, China's total EO capacity had reached 5.428 million tons by the end of September 2014, accounting for about 18% of the global total says the research titled China Ethylene Oxide (EO) Industry Report, 2014-2020 and available with RnRMarketResearch.com at http://www.rnrmarketresearch.com/china-ethylene-oxide-eo-industry-report-2014-2020-market-report.html .
Due to the rapid growth of EO capacity, China EO industry is confronted with overcapacity in 2013-2014; meanwhile, the operating rate of the industry falls to below 80%, and the profit dives. In 2014-2020, China's proposed and ongoing EO capacity will hit over 2 million tons, continuing the oversupply. As of the end of September 2014, Chinese EO producers had mainly included Sinopec and PetroChina and their subsidiaries and joint ventures, occupying up to 67.9% of the EO capacity. In addition, private companies such as Ningbo Heyuan and Sanjiang Fine Chemicals also seize a certain market share.
In China, EO is mainly used for the production of glycol, which consumed 68.1% of EO in 2013. Commodity EO is often applied to the production of nonionic surfactant, polycarboxylate water reducer, ethanolamine, crystalline silicon cutting fluid, taurine and others. Particularly, the polycarboxylate water reducer market witnesses the fastest growth, sharing 8.4% of the EO demand in 2013.
1. Glycol
As of the end of September 2014, China's total glycol capacity had amounted to 5.985 million tons, of which the coal-based glycol capacity accounted for 29.2%. Currently, China has apparent cost advantages in coal-based glycol; with the maturity of the production process, coal-based glycol will gradually replace oil-based glycol, thereby the demand of glycol for EO will shrink.
In 2014, China's proposed and ongoing glycolcapacity hits about 6 million tons, of which the coal-based glycol capacity occupies 80% or so. The coal-based glycol projects to be put into operation in 2015 embrace Elion's 300,000-ton project, Qianxi Coal Chemical's 300,000-ton project, Kailuan Group's 400,000-ton project and so on.
2. Polycarboxylate Water Reducer
As the indirect downstream of EO, polycarboxylate water reducer is mainly used in the fields of railway, rail transit, nuclear power plants, ready-mixed concrete, etc., with the expected growth rate of around 15% in the coming years. In 2013, China's polycarboxylate water reducer output attained 3.6 million tons; by market share, Jiangsu Sobute, Xiamen Academy of Building Research Group and Tianjin Feilong ranked among the top three companies.
Polyether monomer is a main raw material of polycarboxylate water reducer. Major polyether monomer companies include Liaoning Oxiranchem and Kelong Fine Chemical. China's largest polyether monomer manufacturer - Liaoning Oxiranchem sold 178,100 tons of polyether monomer and enjoyed around 40% market share in 2013.
The China Ethylene Oxide Industry Report, 2014-2020 covers data and information on supply& demand and competitive landscape of the global EO industry; China's EO supply& demand, import& export, competition pattern, price, and development forecast for 2014-2020; supply & demand , competition pattern, import& export, price and the like of China's EO upstream industry (ethylene and ethanol); Supply & demand, competition pattern, import& export, development in 2014-2020, etc of China's EO downstream industry (glycol , surfactant , ethanolamine, polycarboxylate water reducer, crystalline silicon cutting fluid and taurine) as well as operation, EO-related business, anticipation and outlook of 15 Chinese EO and downstream enterprises.
Companies profiled in this Chinese EO market report include Sinopec Zhenhai Refining & Chemical, Sinopec Shanghai Petrochemical, Sinopec Yangzi Petrochemical, CNOOC and Shell Petrochemical (CSPC), Jilin Petrochemical, BASF-YPC, China North Chemical Industries Group, China Sanjiang Fine Chemicals, Liaoning Huaxing, Sasol (China), Liaoning Oxiranchem, Kelong Fine Chemical, Jiangsu Sobute, Xiamen Academy Of Building Research Group and Yongan Pharmaceutical. Order a copy of this report at http://www.rnrmarketresearch.com/contacts/purchase?rname=236062 .
The Market Research Report on Global and Chinese Ethylene oxide Industry, 2009-2019 is available for delivery within 2-3 business days once ordered through RnRMarketResearch.com at http://www.rnrmarketresearch.com/market-research-report-on-global-and-chinese-ethylene-oxide-industry-2009-2019-market-report.html . This is a professional and in-depth market survey on Global and Chinese Ethylene oxide industry. The report firstly reviews the basic information of Ethylene oxide including its classification, application and manufacturing technology; The report then explores global and China's top manufacturers of Ethylene oxide listing their product specification, capacity, Production value, and market share etc.; The report further analyzes quantitatively 2009-2014 global and China's total market of Ethylene oxide by calculation of main economic parameters of each company; The breakdown data of Ethylene oxide market are presented by company, by country, and by application; The report also estimates 2014-2019 market development of Ethylene oxide Industry. The report then analyzes the upstream raw materials, downstream clients, and current market dynamics of Ethylene oxide Industry. In the end, the report makes some proposals for a new project of Ethylene oxide Industry and a new project of Ethylene oxide Industry before evaluating its feasibility. Overall, the report provides an in-depth insight of 2009-2014 global and China Ethylene oxide industry covering all important parameters.
Explore more reports on the organic chemicals market at http://www.rnrmarketresearch.com/reports/materials-chemicals/chemicals/organic-chemicals .
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