Dallas, TX -- (SBWIRE) -- 06/18/2014 -- At present, China has become one of the biggest producing areas of aniline around the world. As an important raw material of downstream products, such as MDI, rubber ingredients, the R&D of aniline in China started in 1958 by Jilin Chemical Industry Co., Ltd. Since then, aniline has maintained a strong development in China. Most of aniline producers devoted themselves to expanding their capacity of aniline. However, overcapacity has occurred to the industry since 2012, which slows down the rapid development of aniline. Even more, the problem of overcapacity of aniline has been more and more serious in 2013.
Since 2004, the capacity of aniline in China soared 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, starting from H2 2009, the Chinese government carried out a series of stimulus policies to support the development of the aniline industry, which helped the industry to recover. And both the production and market of aniline in China enjoyed prosperity from H2 2009 to 2010, which drove many producers to enlarge their capacity of the product. These expansion plans have been proved irrational and inappropriate afterwards, especially after Wanhua Chemical, the largest consumer of aniline in China, launched its own aniline production line in early 2011, overcapacity of the industry in China got worse.
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Aniline can be widely used in various fields, such as MDI, rubber ingredient, dyestuff and organic pigment, cylclohexylamine, pharmaceuticals and pesticides, the first two of which are the biggest consumption areas of aniline and increased fast in the past few years, respectively accounting for 63% and 17% of the total consumption of aniline. Their consumption shares in the aniline market increase faster than those of other downstream fields. According to CCM's investigation, it's foreseen that MDI and rubber ingredient will continue to being the two largest consumption fields of aniline in the next five years.
Purpose of the report:
In order to point out the facts of the aniline industry in China and discuss the future trend, CCM made great efforts in helping clients know more about the supply and consumption of aniline in China.
Investors who want to enter the aniline industry of China
Topics of the report:
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 forces and barriers to aniline industry in the next five years
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Value to clients:
Understanding the domestic producers of aniline and their business information
Understanding the consumption market distribution of aniline and related consumption feature in China.
Discovering business opportunities of aniline in China.
CCM gained better knowledge on the aniline market in China through telephone interviews on more than 14 aniline producers.
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