China Epoxy Resin Market Analysis and 2017 Forecasts in New Research Report at RnRMarketResearch.com
RnRMarketResearch.com adds Latest Report on “Market Research and Development Forecast of China’s Epoxy Resin Industry, 2013-2017” to its store.
Dallas, TX (PRWEB) August 06, 2013
In recent years, the production capacity and output of global epoxy resin industry showed a growth trend. In 2010, the global total production capacity was about 2.64 million tons, and this number reached 2.95 million tons in 2012. The United States, Western Europe and Japan are the major epoxy resin production and consumption areas; in 2012, the production capacity in these areas was about 1.62 million tons, accounting for 61.3% of the world’s total capacity. The core production technologies still concentrate in three main enterprises, namely Dow Chemical, Resolution and Huntsman; the total production capacity of these three enterprises accounts for more than 65% of the world’s total capacity. As for the epoxy resin products in developed countries, the variety, quality and application has entered a mature stage, especially in the United States, Western Europe and Japan, the main development direction will mainly concentrate in the development of application areas and the research of high-end products.
As of the end of 2012, there were 106 epoxy resin manufacturers in China; the production capacity is very scattered and the average scale is small, of which, only four enterprises own the production capacity of more than 100,000 t / a, namely Nan Ya Epoxy Resin (Kunshan) Co., Ltd, Jiangsu Sanmu Group, Blue Star New Chemical Materials Co., Ltd and King Board Chemical Holdings Ltd. However, the areal distribution of China’s epoxy resin production capacity is relatively concentrated, of which nearly 80% of the manufacturers distribute in East China, 13.2% distribute in South China and only a handful of enterprises distribute in North China, Northeast and Central China.
In recent years, affected by the global economic downturn, the demand for epoxy resin in downstream coating industry is not large, which resulted in the low operating rate of the overall epoxy resin industry. In China, the epoxy resin conventional products are in relative surplus; therefore, to accelerate the development of unconventional products is the top priority of the epoxy resin industry.
By the end of the “Twelfth Five-Year” period, the global epoxy resin consumption will reach 3 million tons, and the consumption in China will exceed 1.75 million tons, accounting for 58% of the world’s consumption.
Purchase a copy of this report at http://www.rnrmarketresearch.com/contacts/purchase?rname=67967.
Browse more reports on Chemicals Market at http://www.rnrmarketresearch.com/reports/materials-chemicals/chemicals.
RnRMarketResearch.com is an online database of market research reports offers in-depth analysis of over 5000 market segments. The library has syndicated reports by leading market research publishers across the globe and also offer customized market research reports for multiple industries.
For the original version on PRWeb visit: http://www.prweb.com/releases/2013-china-epoxy-resin/industry-analysis-report/prweb10996831.htm