Chinese Butyl Rubber Market Annual Report 2016

Published: March 2017
No. of Pages: 43
    ReportsandReports

Keywords: IIR capacity, output, demand, import, export, review and forecast of China and the worldwide, involving Shandong Chambroad Petrochemicals, Formosa Synthetic Rubber (Ningbo), Zhejiang Cenway New Synthetic Materials, Sinopec Beijing Yanshan Company, and other major IIR enterprises.

Introduction:
In 2016, Chineses IIR capacity grew quickly and market competition became fiercer. Most Chinese producers suffered losses. The Chinese IIR industry presented four major characteristics in 2016. First, Chinese IIR capacity increased sharply. Second, the operating rate remained at a low level. Third, Chinese IIR output grew somewhat, but the import dependence degree remained high. Fourth, market prices rose to some extent, but Chinese producers still suffered severe deficits.
In 2016, the output of regular IIR and HIIR was 53kt and 60kt respectively. China imported about 62kt of regular IIR and 212kt of HIIR. In 2016, the apparent consumption volume of regular IIR was around 107kt in China, and that of HIIR was around 266kt. The export volume of regular IIR was 8kt, and that of HIIR was 5.9kt.

Published By: SCI Group
Product Code: SCI Group20


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