Chinese SBR Market Annual Report 2016

Published: March 2017
No. of Pages: 42
    ReportsandReports

Keywords: SBR capacity, output, demand, import, export, review and forecast of China and the worldwide, involving Sinopec, PetroChina, Liaoning North Dynasol Synthetic Rubber, Huizhou LCY Elastomers, ECOMBINE Advanced Materials, Zhenjiang Chi Mei Chemical and other SBR participating enterprises.

Introduction:
The SBR market performance in 2016 was better than that last year and the price hit a 3-year high. However, market insiders were curious about the following questions. Has the industry environment improved essentially? Is there any difference between the two rounds of price rise? With manufacturers suffering profit loss, no new capacity appears this year, and will this state continue next year? Why Sinopec Yangzi Company choose to restart after one-year shutdown despite of the profit loss? Will downstream users adjust their production formulas under cost pressure, considering the consistent lower natural rubber price compared with that of SBR? The 2016 Chinese SBR Market Annual Report will present you the 2016 SBR market change law and 2017 SBR market trend forecast by quantitative and qualitative analysis.

The Chinese SBR market turned better in 2016, after the fluctuations at a low level in 2015. China’s total capacity of SBR remained at 1,700kt/a in 2016, among which the capacity of ESBR was 1,470kt/a and that of SSBR was 230kt/a. The overall operating rate of the SBR industry increased by 3% Y-O-Y, and the total supply increased by 5% Y-O-Y. The Chinese SBR industry was facing the issue of oversupply. The demand from downstream industries was strong and beyond the expectation, bringing good news to the Chinese SBR market. The SBR output in China increased by 5% or so from 2015, and the import volume increased by 10.9% Y-O-Y. Buoyed by the development of downstream high-performance and green tires, the output of SSBR in China rose by 29.03% from 2015.

Published By: SCI Group
Product Code: SCI Group21


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