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ABS Will Surpass Acrylic Fiber in China’s Acrylonitrile Industry

With strong growth in ABS output, it is estimated that ABS will surpass acrylic fiber to be the largest consumption filed of acrylonitrile in China in the coming years.

 
PRLog - Jun. 29, 2011 - GUANGZHOU, China -- Guangzhou China, June 27, 2011 – With strong growth in ABS output, it is estimated that ABS will surpass acrylic fiber to be the largest consumption filed of acrylonitrile in China in the coming years, according to CCM’s report Market of Acrylonitrile in China.

Production of acrylonitrile in China starts to develop quickly in 2010 after experiencing a stable growth. As of June 2011, there are only 10 acrylonitrile producers in China. Most of them are held by PetroChina and Sinopec, two largest petrochemical magnates in China.

Nowadays, acrylonitrile production is mainly distributed in Northeast China, East China and Northwest China, where large petrochemical producers can supply abundant raw materials, especially propylene for acrylonitrile production. But the production output can’t meet the rising demand of acrylonitrile these years.

China is still a net importer of acrylonitrile in 2010. To meet the large demand of acrylonitrile in domestic market, China has to import a large amount of acrylonitrile annually, while the export volume of acrylonitrile is zero in 2009 and 2010.

In China, acrylonitrile is mainly used in the production of acrylic fibers, ABS, acrylamide, NBR, etc. Boosted by ABS, acrylamide and NBR, consumption of acrylonitrile increased fast in the past five years. Meanwhile, with the drop of acrylonitrile consumption in acrylic fibers, consumption pattern of acrylonitrile has changed much from 2006 to 2010 in China. With strong growth in ABS output, it is estimated that ABS will surpass acrylic fiber to be the largest consumption filed of acrylonitrile in China in the coming years.

You will discover more about China’s acrylonitrile industry, including:
- Price of acrylonitrile and its influencing factors, 2006~2010
- Supply-demand gap of acrylonitrile in China
- Production technology situation of acrylonitrile in China
- Future forecast on acrylonitrile industry in China, 2011~2015
- Introduction to the important acrylonitrile producers in China

If you are interested in this report, please visit our webpage: http://www.cnchemicals.com/Report/ReportMin.aspx?id=1896, or contact us at econtact@cnchemicals.com.


About CCM

CCM is dedicated to market research in China, Asia-Pacific Rim and global market. With a staff of more than 150 dedicated highly-educated professionals. CCM offers Market Data, Analysis, Reports, Newsletters, Buyer-Trader Information, Import/Export Analysis all through its new proprietary product ValoTracer.
Please visit http://www.cnchemicals.com for more information or contact econtact@cnchemicals.com

CCM International Ltd.
Guangzhou CCM Information Science & Technology Co., Ltd.
17th Floor, Huihua Commercial & Trade Mansion, No.80 Xianlie Zhong Road, Guangzhou 510070, China

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CCM is an consulting company located in China, with services like market report, newsletter, database, price monitoring, export/import analysis, conference etc. CCM's foucusing is Agrochemicals market, food ingredients market, fine chemicals market.

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Contact Email:
***@cnchemicals.com
Source:Clair Lin
Phone:+862037616606
Zip:10000
Location:Guangzhou - Guangdong - China
Industry:Market research
Tags:abs, acrylic fiber, acrylonitrile, china, acrylonitrile industry, Market, output, consumption, production, producer
Shortcut:prlog.org/11561820
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