Guangzhou, Guangdong -- (SBWire) -- 11/01/2011 --The demand for polycarbonate (PC) has kept rapid growth in recent years in China. China imports massive polycarbonate annually. The poor production capacity and increasing domestic demand drive China to import a large amount of polycarbonate.
Most domestic polycarbonate producers have been washed out in the past years due to laggard technology. As of September 2011, only three active producers are engaged in the production of polycarbonate in China. Two are wholly foreign owned enterprises, namely Bayer (Shanghai) Polymer Co., Ltd. and Teijin Polycarbonate China Ltd.; another one is the only domestic producer, namely Chongqing Changfeng Chemical Industry Co., Ltd., with a small capacity of 5,000t/a.
The entry of overseas companies boosts the production capacity of polycarbonate to some extent. Total capacity of polycarbonate has reached 360,000t/a in China, with the output of 276,000 tonnes in 2010. But the output of polycarbonate always fails to meet the demand in China every year. Thus, a large amount of polycarbonate needs to be imported.
According to CCM International’s survey, the consumption of polycarbonate in China is expected to keep growing in the coming five years. That means China hungers for polycarbonate. The demand of polycarbonate continues to keep growing in the future.
All the data and findings are extracted from CCM’s report, entitled Survey of Polycarbonate Market in China. If you are interested in it, please feel free to contact us at econtact@cnchemicals.com.
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Demand of Polycarbonate Keeps Increasing in China