P.H. Consultant---Puworld.com
2009 Adipic Acid Market Analysis Report
Summary:
With newly-built adipic acid facilities successively came on-stream, the production capacity for
adipic acid in China reached around 500kt/y in 2009. However, due to severe impact from
global financial crisis, downstream PU coatings and sole resin industries suffered a lot, as
export volumes of synthetic leather and footwear continued waning. The whole market was
more competitive against an oversupply background, and whether production capacity surplus
would occur became the focus of debate among PU players. Meanwhile, PetroChina Liaoyang
Petrochemical, who represented China’s adipic acid industry applied for an anti-dumping
investigation on adipic acid from US, EU and South Korea. Most end-users were not inclined
to do large purchase, citing the high security deposit ratio and upward feedstock price
pressure, and total import volumes thereby dwindled a lot. Due to changes in marketing
strategy of Invista, massive facility turnaround, and the shutdown of a 300kt/y facility, supply
remained extremely tight at European and American markets in 2009 while price shot up to a
new high. Will China’s adipic acid market find a new way of development? This report will
delve into these questions with specific analysis and accurate figures.
Part One Adipic Acid and Its Raw Materials (accounts for 5-10% of
this report)
(This part firstly gives a brief introduction of adipic acid, including its physicochemical
performance, application, production technologies, classification and safety attention.
Meanwhile, waste derivatives DBE from adipic acid production process and its market
condition will also be introduced. Moreover, the report also delves into the influence of pricing
of pure benzene and concentrated nitric acid on adipic acid cost and price. As Shandong Haili
Chemical adopts crude benzene as raw material for adipic acid production, and some coal
chemical enterprises also start up new units, the report also Analysis of moving trend of
domestic crude benzene market.)
Chapter One Adipic Acid Introduction
Section One Physical and Chemical Properties of Adipic Acid
Section Two Introduction of Production Technologies
1. Oxidation of KA oil (a cyclohexanone-cyclohexanol mixture)
2. Butadiene Carbonylation
3. Biotechnology
4. Oxidation of Cyclohexene
Section Three Assessment of Adipic Acid Production Technology Advantages and Outlook
Analysis
Section Four Introduction of Relative Derivatives (like nylon acid and ester, etc)
Chapter Two Analysis of Adipic Acid Upstream Feedstock Market Trend
Section One Review of Domestic and International Pure Benzene Market Trend in 2009
Section Two Review of Domestic Crude Benzene Market Trend in 2009
Section Three Review of Domestic and International Concentrated Nitric Acid Market Trend in
2009
Part Two Analysis on Supply Status of Global Adipic Acid Market
and Domestic Moving Trend (accounts for 20-25% of this report)
(This part firstly introduces distribution of adipic acid capacity abroad, operation status of
overseas producers in 2009 and market trend at European and American areas. Then it gives
specific Analysis of domestic adipic acid market moving trend, based on the current producers’
business condition, adipic acid projects under construction and SWOT method. Finally, it gives
brief Analysis of MMDI and DMF markets situation.)
Chapter Three Brief Introduction of Global Adipic Acid Producers
Section One Brief Introduction of Overseas Adipic Acid Producers and Capacity Distribution
Section Two Brief Introduction of Operation Status of Overseas Adipic Acid Producers
Section Three Analysis of European and American Adipic Acid Markets in 2009
Chapter Four Supply Status of Domestic Adipic Acid Producers
Section One Review of Domestic Adipic Acid Supply Condition from 2004-2008
Section Two Brief Introduction of Domestic Adipic Acid Producers in 2009and SWOT Analysis
1. PetroChina Liaoyang Petrochemical Company
2. Shandong Haili Chemical Co., Ltd
3. Shandong Hongye Chemical
4. Xinjiang Dushanzi Tianli High&NewTech Co., Ltd
5. Henan Shenma Nylon Chemical Co., Ltd
Section Three Introduction of Enterprises that have Adipic Acid Projects Under Construction
and The Progress
Section Four Marketing System of Domestic Adipic Acid Market
Chapter Five Analysis of Adipic Acid Pricing
Section One Review of Adipic Acid Pricing in 2009
1. Analysis of Adipic Acid Pricing in 2009
2. Analysis of Factors that Influenced Adipic Acid Pricing Trend in 2009
Section Two Greats Events in 2009 China AA Industry
Chapter Six Brief Introduction of Relative Feedstock Markets
Section One Introduction of Domestic MMDI Market in 2009
1. Introduction of Domestic MMDI Capacity in 2009
2. Supply Volume Statistics of Domestic MMDI Producers in 2009
3. Review of MMDI Market Pricing Trend in 2009
4. Analysis of Relation between Adipic Acid and MMDI Pricing Trend
Section Two Review of Domestic DMF Market in 2009
1. Introduction of Domestic DMF Capacity in 2009
2. Supply Volume and Producers Statistics of Domestic DMF Market in 2009
3. Review of Domestic DMF Market Pricing Trend in 2009
4. Analysis of Relation between Adipic Acid and DMF Pricing Trend
Part Three 2009 China Adipic Acid Import and Export Analysis
(Accounts for 20-25% of this report)
(This part mainly analysis on domestic adipic acid import status, including import value, import
volume, suppliers and destinations. It also introduces import status of adipic acid in China over
the past 6 years.)
Chapter Seven Analysis of Adipic Acid Import Status
Section One Analysis of Adipic Acid Import in 2009
1. Analysis of Monthly Adipic Acid Import Volume in 2009
2. Contrast of Monthly Adipic Acid Import from 2004-2009
3. Statistics on Monthly Adipic Acid Imports by Type in 2009
4. Statistics on Adipic Acid Import Destinations in 2009
5. Analysis of Monthly Import Destinations in 2009
6. Import Customs Data of Adipic Acid in 2009
7. Analysis of Import Enterprises
8. Analysis of Import Agent Enterprises
Section Two Review of Adipic Acid Import Status from 2000 to 2009
1. Comparison of Adipic Acid Import Volumes from 2000 to 2009
2. Analysis of Adipic Acid Import Countries from 2000 to 2009
Part Four Brief Introduction of Domestic Adipic Acid Industry
Downstream Sectors (Accounts for 20-25% of this report)
(This part mainly analysis on supply status and market moving trend of adipic acid
downstream sectors PU coatings and sole resin. As there were so many twists and turns in
synthetic leather and footwear manufacturing industries in 2009, their significant influences on
upstream AA market will also be analyzed in detail.)
Chapter Eight Downstream Consumption Field --- PU Coatings Industry
Section One Brief Introduction of PU Resin Structure, Performance, Classification and
Synthetic method
Section Two 2009 PU Coatings Market Brief
1. 2009 China PU Coatings Industry Brief
2. 2009 PU Coatings Pricing Trend
3. Price Comparison PU Coatings and AA in 2009
Section Three Current Status of 2009 PU Coatings Industry
1. Brief Introduction of China PU Coatings Manufacturers, Their Capacity and Output
2. Analysis on China Leading PU Coatings Manufacturers’ Consumption of AA
3. Ranking of China Leading PU Coatings Manufacturers by Output
4. Ranking of China Leading PU Coatings Manufacturers by Market Shares
Section Four 2009 Synthetic Leather Market Status Brief
1. China Synthetic Leather Market Brief, 2009
2. China Key PU Synthetic Leather, 2009
3. China Synthetic Leather Export Condition, 2009
4. Outlook of China Synthetic Leather Industry
Chapter Nine: Downstream Consumption Fields --- Sole Resin
Section One: Brief Introduction of Sole Resin Performance, Classification, Production
Technology and Background
Section Two: 2009 Sole Resin Market Brief
1. 2009 China Sole Resin Industry Brief
2. 2009 Sole Resin Market Pricing Trend Analysis
3. Comparison between 2009 Sole Resin and AA Pricing Trends
Section Three: 2009 Sole Resin Industry Status Brief
1. Brief Introduction of China Sole Resin Manufacturers, Their Capacity and Output
2. Analysis on China Leading Sole Resin Manufacturers’ Consumption of AA Materials
3. Output Ranking of China’s Leading Sole Resin Manufacturers
4. Ranking of China’s Leading Sole Resin Manufacturers by Market Share
Section Four: 2009 Sole Resin Downstream Sectors’ Market Status Brief
1. Statistics of 2009 China Footwear Producers’ Capacity
2. Sole Resin Consumption Status of Major Footwear Producers
3. Export Condition of Domestic Footwear Industry in 2009
4. Analysis of Development Trend of China’s Footwear Industry
Chapter Ten: Other Application Fields
Section One: Review of China’s PU Adhesive Market in 2009
1. Brief Introduction of Domestic Footwear-used PU Adhesive Technology and Development
2. Consumption Status of PU Adhesive in Footwear Production in 2009
3. Introduction of Major PU Adhesive Producers in China
Section Two: Review of TPU Market in 2009
Chapter Eleven: Review of Downstream Nylon 66 Industry
Section One: Review of China’s Nylon 66 Market in 2009
Section Two: Supply Status of China’s Nylon 66 Market in 2009
Section Three: Demand Status of China’s Nylon 66 Market in 2009
Part Five Outlook of Adipic Acid Market (Accounts for 10% of this
report)
(This part mainly analysis on future development of adipic acid, based on the on-stream plans
of domestic facilities and development status of downstream sectors.)
Chapter Twelve: Analysis on Adipic Acid Development Trend
Section One: Analysis of Adipic Acid Supply and Demand Situation from 2010-2012
1. Forecast of Adipic Acid Supply Condition
2. Forecast of Adipic Acid Demand Condition
Section Two: Future Development of Adipic Acid Downstream Sectors
1. Supply Status and Development of PU Coatings Industry
2. Supply Status and Development of Sole Resin Industry
3. Analysis of Development of Other Downstream Sectors