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Thursday 12 September 2013

Analysis and Forecast of China Ethylene Glycol Industry, 2013-2017

China is the largest consumption country of ethylene glycol in the world, the import dependence degree is more than 70%. In 2012, the production capacity of China's ethylene glycol was 4.12 million tons of tons with the output of 2.77 million tons and apparent consumption volume of 10.72 million tons, rising 14.5% year-on-year. Because of the continuous upheaval of world economy, coupled with the trend of national stabilization policy, the textile export is affected by the international situations to some extent, making the demand growth limited; it is estimated that the demand for ethylene glycol is 11.79 million tons by 2013. For recent years, the production capacity of China's ethylene glycol has made great progress, but the output doesn't increase significantly; one of the reasons lies in the transportation of ethylene glycol raw materials. The core raw material of the traditional petrochemical routine ethylene glycol is the ethylene oxide. As the transportat

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