Oct 5 2010
Research and Markets has announced the addition of the "Global and China Ethylene Industry Report, 2009-2010" report to their offering.
Before 2009, the global ethylene capacity had mostly been concentrated in developed countries such the United States and European countries, while recent years have seen soaring capacity in Asia and the Middle East. In 2009 and 2010, the newly-increased capacity in Asia was 1.8 million tons and 7.29 million tons respectively, while they were 5.22 million tons and 1.6 million tons in the Middle East. The rapid capacity expansion in the Middle East will exert considerable influence on Chinas ethylene market. In 2009, the global ethylene capacity reached 137 million tons, and it is expected to realize 145 million tons in 2010.
In 2009, the global ethylene consumption touched 111 million tons. It is expected that ethylene demand will increase by over 3% to more than 114 million tons in 2010. By region, the demand growth is limited in the mature markets of developed counties; Asia has become the major contributor to the robust demand growth, and will account for 60% of the global demand surge in the upcoming 5 years, and half of the Asian demand growth will come from China.
In 2009, China's ethylene equivalent consumption reached 24 million tons, while its ethylene output was no more than 10.7 million tons in the same year, bringing the self-sufficiency rate below 50%. To turn things for the better, China has built a number of new ethylene facilities in recent years. In 2009 and 2010, the newly-increased ethylene capacity reached 1.8 million tons and 3.25 million tons respectively.
The report not only delves into the supply and demand, new production capacity and regional distribution of global and China ethylene industry as well as Chinas import and export of ethylene, but also highlights the development of leading ethylene manufacturers in China and beyond.
The ethylene industry in China features high regional concentration, with major manufacturing bases concentrated in provinces and municipalities such as Guangdong and Shanghai. In 2008, Guangdong accounted for 20% of the total output of ethylene, and major manufacturers include Maoming Petrochemical and CNOOC & Shell Petrochemicals Company Limited; Shanghai accounted for 17.7%, and leading manufacturers include Sinopec Shanghai Petrochemical Company Limited and Shanghai SECCO Petrochemical Company Limited. New ethylene facilities are generally closed to oil fields or in the regions where the petrochemical industry is relatively mature. Typical enterprises include PetroChina Dushanzi, Sinopec Zhenhai Refining & Chemical Company, Sinopec Tianjin and Fujian Refining & Petrochemical Company Limited (FREP).
Key Topics Covered:
- Industry Overview
- Global Ethylene Industry Development
- Supply & Demand in China Ethylene Industry
- Import & Export of Ethylene
- Industrial Development by Region
- Global Key Enterprises
- Key Enterprises in China
- Development Trend
- List of Charts
Companies Mentioned:
- Maoming Petrochemical
- Shanghai SECCO Petrochemical Company Limited
- Sinopec Shanghai Petrochemical Company Limited
- CNOOC and Shell Petrochemicals Company Limited
- Sinopec Shandong Petrochemical Company Limited
- Yanshan Petrochemical
- Sinopec Yangzi Petrochemical Company
- BASF-YPC Company Limited
- Sinopec Zhenhai Refining & Chemical Company
- Sinopec Tianjin
- PetroChina Dushanzi
- Fujian Refining & Petrochemical Company Limited (FREP)
- PetroChina Fushun Petrochemical Co., Ltd.