Production and Market of Paraformaldehyde in China

Report edition: 2019 edition(15)
Finished time:
Document type: PDF
Total pages : 64
Language version: English
Published by CCM
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  • Introduction
  • Main contents
  • List of tables
  • List of figures

Description:

Paraformaldehyde (abbreviated as PF) industry in China is still at its growing stage, though it has witnessed a fast development in the past few years. There are two main PF production methods, namely rake drying method and spray drying method, and most producers in China adopt rake drying method, which, lags behind spray drying method in technology.



The domestic PF production is mainly distributed in Hebei, Shandong and Jiangsu provinces, relying on abundant supply of raw materials especially methanol and convenient transportation. China's PF supply in 2018 was deeply influenced by stricter environmental protection policies. Some producers stopped PF production, and China's PF capacity decreased with a year-on-year growth rate of -14.8%. Yet still some companies have/will set up PF plants in North China or Northwest China such as Ningxia, Xinjiang, and Gansu.



In China, PF is mainly consumed in agrochemical, resin and pharmaceutical industries. The agrochemical industry is the largest consumption field of PF, with a share of over 80% of total PF consumption volume in China. Resin is the second largest consumption field of PF, with a share of over 15%.



This 15th edition PF report, formulated in May 2019, focuses on the situation of China's paraformaldehyde (PF) industry in 2018 and Q1 2019, as well as forecasting its future development trend. The report aims to disclose the latest production and market information of China's PF industry. The data for 2018 and before are based on CCM's database and other various sources as mentioned in the section of methodology.



This market research provides detailed analysis on the elements affecting the growth of PF industry in China, as well as current and historic development of the industry. Market drivers, restraints, opportunities and relative policies can be found in this report.



Scope of the report

Region scope: China.

Time scope: 2009 to 2018, primarily 2016 to 2018.

On the basis of industrial segments: paraformaldehyde production, import, exports, and consumption.



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