Recent Release - China Ethylene Oxide (Eo) Industry Report, 2014-2020

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Date Submitted: 11/04/2014 08:47 PM

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ResearchMoz.us include new market research report " China Ethylene Oxide (EO) Industry Report, 2014-2020: Market Size, Shares, Growth, Analysis, Trends And Forecast" to its huge collection of research reports.

Among ethylene derivatives, EO is an important organic chemical raw material, only second to polyethylene and polyvinyl chloride. In 2013, the global 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.

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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...