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Huge Pentaerythritol Market in China
China is the largest pentaerythritol producer in the world. It is reported the bright future and huge market of pentaerythritol industry in China.
By: Clair Lin
The report is the seventh edition of CCM's pentaerythritol report and mainly focuses on the following aspects:
- Current situation of pentaerythritol production in China
- SWOT analysis on main pentaerythritol producers in China
- Import and export analysis on pentaerythritl in China, 2009-2011
- Consumption pattern of pentaerythritl in different end use segments
- Introduction to production technology in China
- Competitive power analysis on Chinese pentaerythritol industry
- Outlook of the pentaerythritol industry in China, 2011-2015
China is the largest pentaerythritol producer in the world, with capacity accounting for more than 53% of the world's total in 2010. The strong demand of automobile and construction industries in China, together with the great need from overseas market drives China's pentaerythritol to develop quickly.
Also, with technology enhancement, the quality of Chinese pentaerythritol has improved significantly in recent years, and China starts producing tripentaerythritol in 2010. With the development of pentaerythritol industry, the product structure adjustment in China will continue. It is a trend that the high-grade monopentaerythritol will dominate the domestic market and dipentaerythritol's production will increase quickly in the near future in China.
Moreover, domestic market of pentaerythritol consumption is huge too. The main consumption fields of pentaerythritol are alkyd resin, polyurethane, lubricant and rosin ester. Take alkyd resin for example, the quick development of China's paint industry stimulates the demand for alkyd resin. Compared with 2009, the consumption in alkyd resin in 2010 is higher than that in 2009. With the industrial development, CCM predicts that the consumption volume of pentaerythritol will continuously increase in the future.
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