This report is the fifth edition, based on the former one finished in July 2013, focusing on the situation of China's aniline industry in 2012, H1 2013 and in the following five years. And it aims to disclose the latest market info of China's aniline industry.
Generally speaking, MDI industry and rubber ingredient industry is expected to be the largest two consumption fields of aniline in the next five years where opportunities lie.
In order to point out the facts of the aniline industry in China and discuss the future trend, CCM made great efforts on the aspects listed as follows:
Current capacity distribution among producers, including captive and non-captive capacity,
Import/export situation of aniline and its raw material nitrobenzene,
Price change of aniline in recent years,
Consumption pattern of aniline by downstream fields,
Key driving factors and barriers to aniline industry in the next five years
In recent years, China's aniline production has maintained strong growth, thanks to the great demand from downstream industries, especially MDI and rubber ingredients, which are the largest two application fields of aniline.
As of Aug. 2013, there have been mainly xxxx active aniline producers in China, with total capacity of xxxxt/a. At present, most of them are located in East China and North China, close to the major end users of aniline. And in 2012, the capacity and output of aniline in China reach xxxxt/a and xxxx tonnes, increasing by xxxx% and xxxx% respectively compared with those in 2008. Actually, China's aniline industry experienced a sweet period during this time and a considerable amount of capacity enlargement plans arose. Though impacted by the global financial crisis, the growth rate of aniline production slowed down in 2008.
Compared with output and consumption of aniline, the export and import volume is usually small in China. After meeting the domestic demand, the annual export volume of aniline fell below xxxx tonnes in China from 2008 to 2012. And in 2012, the annual export volume of aniline is xxxx tonnes. Meanwhile, during the period of 2008-2011, the annual import volume of aniline reached the highest in 2010. In 2011, only xxxx tonnes of aniline was imported in the first two months, and from March 2011 to 2012, the import volume of aniline even xxxx.
Generally, the price fluctuation of aniline is similar to that of benzene which is the major raw material of aniline. Of course, the change in supply and demand of aniline also can influence their price fluctuation in a short term.
In China, aniline is mainly used in the production of MDI, rubber ingredient, dyestuff and organic pigment, cylclohexylamine, pharmaceutical, pesticide, etc., in which MDI is the largest consumption field of aniline, with xxxx% of the total consumption in 2012, and the second largest is rubber ingredient. MDI and rubber ingredient will still be the two main drivers for aniline consumption. Now, aniline consumption is mainly distributed in East China in which four MDI producers, and most rubber ingredients, dyestuff and pigment, pesticides producers are concentrated. And this situation is expected to last for years.
XX Commercial in Confidence.