Analysis and Forecast of China Ethylene Oxide (EO) Industry

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Apr 10, 2014, 08:02 ET

DUBLIN, April 10, 2014 /PRNewswire/ --

Research and Markets (http://www.researchandmarkets.com/research/qv9mlq/analysis_and) has announced the addition of the "Analysis and Forecast of China Ethylene Oxide (EO) Industry" report to their offering.

At present, manufacturers can adjust the production proportion of ethylene oxide (EO) and ethylene glycol so as to achieve optimal economic benefit by adopting cooperative production devices for producing ethylene oxide and ethylene glycol. Subjecting to ethylene oxide's characteristics and the restrictions of storage and transportation, so products must sell out timely with little inventory. The yield and sales volume basically keep a good balance. As of the end of 2012, there were about 26 enterprises producing ethylene oxide, with total production capacity of 2100kt/a, the actual annual output was 1410kt. Direct import and export are difficult due to safety factor.

As for EO downstream industries in 2012, ethylene glycol accounted for 49% of market shares, non-ionic surface active agent 20%, water reducing agent 11%, polyether 7%, ethanolamine 8%, glycol ether 3%, choline and others accounted for about 2% of market shares.

Consumption characteristics of ethylene oxide in China: 1) the production volume of ethylene glycol is far higher than that in Japan and America, while the demand for high value-added EO downstream products are strong, because there is no abundant supply in China, so it mainly depends on import; 2) as for varieties, there are more than 5000 varieties of EO downstream products while only about 300 varieties in China. China just starts to research and develop EO varieties in the sphere of medicine, spice, dyestuff, coating and special chemical fiber oil; 3) ethylene oxide is short of supply in the long run, objectively, which restrict the development of downstream industry. Currently, the scale of most ethanolamine devices are 40-80kt/a in foreign countries, but in China the scale of most devices are less than 20kt/a. At the same time, there are many weaknesses such as backward technology process, low quality, high cost, weak competitiveness and insufficient supply in China.

According to incomplete statistics, it predicts that the demand for ethylene oxide (exclude the volume for producing ethylene glycol) will be about 1730kt in 2013. APEG TPEG HPEG, mainly used in railroad, rail transit, nuclear power station and commercial concrete etc., will be the leading factor in EO downstream industry. In the 12th Five-Year Plan, the length of railroad lines in services in China reaches about 120 thousand km. At present, it plans to invest CNY 1320 billion in building about 20,000 km railway lines. For example, Beijing-Shanghai Express railway is 1300 Km long, which using 240kt of polycarboxylate superplasticizer.

Key Topics Covered:

1. Overview of Ethylene Oxide

2. Environment Analysis of China Ethylene Oxide Industry

3. Production Technology of China Ethylene Oxide Industry

4. Ethylene Oxide Downstream Industry in China

5. Supply and Demand of China Ethylene Oxide Market

6. Imports and Exports of China's Ethylene Oxide

7. Overall Development Status of China Ethylene Oxide Industry, 2009-2012

8. Key Enterprises of China Ethylene Oxide Industry

9. Development Suggestion and Risk of Ethylene Oxide Industry