CCM International Ltd

China’s Paraformaldehyde Market Recovered With Strong Growth

 

Guangzhou, Guangdong -- (SBWIRE) --06/02/2011 -- Recently, CCM newly released a report called Production and Market of Paraformaldehyde in China. It is reported that China's paraformaldehyde (PF) industry has recovered and remains growing strong. The report mainly analyzes the aspects of production, consumption, price, etc.

As the largest PF producer and consumer around the world, China's PF capacity is 491,000t/a as of April 2011, accounting for 57% worldwide. Moreover, the consumption of PF in 2010 reaches 143,500 tonnes in China, holding 43% of the total globally.

Although both output and consumption of PF have slowed much in China in 2009 and 2010 due to the downturn of downstream industries impacted by financial crisis, China's PF industry is recovering in 2009 and 2010.

In China, PF is mainly used in the production of agrochemical, resin, pharmaceutical, etc. Agrochemical industry is the largest consumption field of PF, and the next is resin. Moreover, glyphosate technical by AEA route is the largest downstream product of PF in China, and its consumption of PF is also very high.

Generally, the price fluctuation of PF is greatly influenced by raw material, methanol or formaldehyde. After a sluggish period in 2009, the price of PF has climbed quickly in 2011, supported by increasing price of raw material. And it reaches the new highest point in April 2011 after global financial crisis.

China’s PF market has recovered and witnessed strong growth in the past 4 months of 2011. It is necessary for PF producers to find out potential business opportunities and make wise decisions with the help of this report.

The report covers all the following hot points in China's PF industry:

- Raw material of PF - formaldehyde
- Price of PF and its influencing factors, 2006~2010
- Production technology situation of PF in China
- Major end use sectors of PF in China, 2010
- Future forecast on PF industry in China, 2011~2015
- Introduction to the important PF producers, including active, idle and potential ones in China

All the above findings are revealed in CCM’s report Production and Market of Paraformaldehyde in China . Check it or register in our ValoTracer database for more details.

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