DUBLIN, June 12, 2013 /PRNewswire/ --
Research and Markets (http://www.researchandmarkets.com/research/49jx4x/research_report) has announced the addition of the "Research Report on China's Polyester Industry Chain, 2013-2017" report to their offering.
The polyester industry chain mainly includes PX, PTA and PET. According to production and processing sequence, its basic upstream raw materials are PX, PTA and MEG, and the core product is PET. Downstream products include polyester fiber, polyester films and polyester bottle flakes.
Although the upstream and downstream production capacity of China's polyester industry chain is expansion-prone, growth rates of production capacity vary, which causes an obvious difference in supply and demand patterns of each link. In 2012, the production capacity of PTA in China ushers in the peak operation period, with over 10 million tons of newly-added PTA production capacity while only more than 2 million tons of newly-added PX production capacity in the corresponding period. The short supply of PX becomes the bottleneck of China's polyester industry chain in recent years, which limits the operating rate of PTA and polyester.
In 2012, influenced by changes in economic development cycles domestically and internationally and the market supply and demand, international crude oil prices largely fluctuate. Prices of PX, the raw material of polyester, tremendously change. Moreover, it is almost impossible for the increase in PTA prices resulting from the excessive production capacity. PTA industry chooses to halt production due to incapable of shifting the pressure from cost side to downstream industries, so the production and operation of enterprises are unfavorably affected.
The self-sufficiency rate of China's PX is low. The large proportion of foreign import volume is an important way making up the short supply of domestic PX. It is expected that the import volume of PX will further increase in 2012; the total import volume of China's PTA was 5.3775 million tons in 2011, with a decrease of about 0.5% YOY. In 2012, as massive PTA production capacity is put into production, the foreign dependence will further reduce; under the influence of the sluggish export in downstream textile and garment industries, the import of China's polyester decreased in 2011, and the export obviously increased.
Key Topics Covered:
1 Basic Situation of Polyester Industry Chain
2 Development Environment of China's Polyester Industry Chain, 2011-2013
3 Development of China's Polyester Industry Chain, 2011-2013
4 Competition in China's Polyester Industry
5 Analysis on China's Polyester Industry Chain, 2011-2013
6 Analysis on Polyester Sub-industries, 2011
7 Analysis on China's Polyester Industry by Region, 2011-2013
8 Global Polyester Market and China's Import & Export, 2011-2013
9 Key Enterprises of China's Polyester Industry, 2011-2013
10 Prediction on Development of China's Polyester Industry, 2013-2017
- PX Enterprises
- PTA Enterprises
- Hengyi Petrochemical Co., Ltd.
- Tongkun Group Co., Ltd.
- Jiangsu Yuxing Film Technology Co., Ltd.
- Sinopec Yizheng Chemical Fiber Co., Ltd.
- Rongsheng Petrochemical Co., Ltd.
- Danhua Chemical Technology Co., Ltd.
For more information visit http://www.researchandmarkets.com/research/49jx4x/research_report
SOURCE Research and Markets