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Chinese Markets for Unsaturated Polyester Resin
AMID Co., Jan 2002, Pages: 140
This report examines China's macroeconomic trends, investment environment, unsaturated polyester resins industry structure and capacity, production and demand, end-use market consumption trends, distribution channels and trading companies, major research institutes and principal industry participants. Long-term forecasts for major unsaturated polyester resins production and demand are included. Key Chinese unsaturated polyester resins producers and major end-users are profiled and listed in the producer directory section.
Both primary and secondary research was done in China in order to access up-to-date government publications, market information and industry data. Data was collected from the Chinese government publications, Chinese chemical industry associations including Chinese unsaturated polyester resins industry associations, local government's chemical industry bureaus, unsaturated polyester resins industry publications, and our in-house databases. Interviews were conducted with Chinese industry experts, university professors, and unsaturated polyester resins producers in China.
China’s two-decade high economic growth has spurred the rapidly rising consumption of unsaturated polyester resins. Since 1990,the country’s unsaturated polyester resins consumption has grown 20.3% annually. In 2000, the consumption of unsaturated polyester resins increased to 365,000 metric tons and Chinese domestic production reached 235,000 metric tons. China’s demand for unsaturated polyester resins is forecast to advance to 678,000 metric tons by the year 2005. As demand advances at a rapid pace, China strives to increase unsaturated polyester resins output, which is forecast to rise to 414,000 metric tons by the year 2010. Unsaturated polyester resins imports growing 44.9% annually, increased to 135,000 metric tons in 2000. Despite new facility construction and capacity expansions, China’s unsaturated polyester resins demand will continue to outstrip supply. The country will continue to depend upon unsaturated polyester resins imports through the next century.
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