What is Aniline’s Consumption Trend in China? Summary: 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. Tag: aniline, MDI, rubber ingredient, consumption, capacity, import, export, price, driving factor, barrier 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. 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. We can see that 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. In order to point out the facts of the aniline industry in China and discuss the future trend, CCM International presents you the 4th Edition Report of Production and Market of Aniline in China. The report focuses on the following aspects: -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 Aniline has enjoyed fast development 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.
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Published on May 8, 2012
MDI industry and rubber ingredient industry is expected to be the largest two consumption fields of aniline in the next five years where opp...