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Sodium Borohydride Market in China Executive summary
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Sodium Borohydride Market in China Executive summary
Report edition:
2016
edition(
4
)
Finished time:
May 2016
Document type:
PDF
Language version:
Published by CCM
Price:
USD
325
All the prices on this website exclude VAT.
Introduction
Executive summary
Description:
Currently, China's sodium
borohydride
industry is facing overcapacity. Although the capacity in 2015 declined by 16.95% compared with that in 2014, it's still superfluous to the current demand. During 2011 and 2015, some producers exited from the industry because of intense competition and strict
environmental protection
requirements. In 2015, there were only less than 10 active producers in the country. Still, it's not easy for new entrants to get a foothold in the domestic market, since the top two producers have taken up the majority of the national output and
export volume
. Sodium borohydride produced in China is mainly used within the country. As a selective reducing agent, sodium borohydride is mainly consumed in pharmaceuticals and agrochemicals, and these two fields accounted for the majority of the total
consumption
volume in 2015.Other fields, such as paper making and electronic products, consumed small volumes of the product. CCM predicts in this report that electronic industry will be a promising application field for the future. In the electronic industry, sodium borohydride is mainly used to produce hydrogen fuel cells and liquid crystals. The consumption volume in this field was about 44 tonnes in 2015. Though the present market of sodium borohydride is small, the growth rate of its consumption will be high in the distant future. What's more, the market size of antibiotic has expanded to USD29.9 billion (RMB186.1 billion) in 2015, up by 8.4% YoY. As sodium borohydride can be the reducing agent of such antibiotics as macrolide and fluoroquinolones, CCM holds an optimistic attitude to the growth of its consumption. Yet, sodium borohydride faces competition from substitutes, especially potassium borohydride, which has the same properties but has a lower price. In this report, more comprehensive information is provided. Reasons to buy this report -Gain insight into general market of sodium borohydride in China in the past years, including supply, export, price and demand; -Identify key producers and potential producers of sodium borohydride in China; -Understand consumption of sodium borohydride during 2011 and 2015, as well as its consumption structure by applications; -Figure out the development status and factors influencing the sodium borohydride industry in China; -Explore commercial opportunities of the sodium borohydride industry in China; -Learn about information on substitutes for sodium borohydride in the domestic market.
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