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PRN: China Blowing Agents Market Assessment 2017: Stable Growth in China's Blowing Agent Market in 2016, Driven by Growing Usage of Foamed Plastics in Recovering Downstream Markets – Research and Markets

DUBLIN, March 3, 2017 /PRNewswire/ —
Research and Markets has announced the addition of the “Assessment of China’s Market for Blowing Agents” report to their offering.
The study finds that the market has slowly recovered from past years of lackluster performance. In 2016, the China market for blowing agent is valued at RMB 6.3 Bn and around 400,000 tons of blowing agents are sold. The domestic market is expected to maintain stable growth rates through to 2021.  

Because of the Montreal Protocol, China will be reducing its HCFC production and consumption to 35% of baseline level in 2020. This will mean that many downstream users in the building materials market especially those making PU and XPS foams will have to switch to other blowing agents by then. This change is by no means a small one, as HCFC is still the second largest segment in 2016. With the phase out of HCFC, there will be more users switching to hydrocarbon (HC), HFC and HFO blowing agents. Through a comprehensive study of the market, this report will identify the possible opportunities available for existing and potential players looking to capitalize on this development.  
Blowing agents are currently used in China for the production of many different end products. Going forward, we expect demand from downstream users to slowing recover as the Chinese economy shifts from an export led to a consumption driven model. This, coupled with a growing middle class and growing awareness of environmental issues, will drive the growth of products that are more environmentally friendly.  
The report provides an in-depth analysis on the production, sales, distribution and applications of six distinct blowing agent product segments in the Chinese market. The report provides a  detailed analysis on the ADC, HCFC, HFC, HC, OBSH and DPT product segments and its application in end markets like, building materials, footwear & apparel, home appliance, packaging, automotive, consumer goods, etc. We find that the market is currently dominated by domestic suppliers, who are mainly large scale low cost chemical producers. In some segments, domestic suppliers are sometimes cost competitive enough to compete head on with technically superior foreign rivals.  
The study also reports on suppliers’ output as compared to capacity and reveals that companies in this industry still have some excess capacity, and most suppliers are not looking to expand production in the near term. Prices in some segments are expected to increase due to higher raw materials cost.
Key Topics Covered:
Chapter 1: Introduction
II. Definitions and Process
Chapter 2: Total Analysis
I. Executive Summary
II. Market Figures
III. Competitive Analysis
IV. Channel Player Analysis
Chapter 3: Segment Analysis
I.  ADC
II.  HCFC
III.  HFC
IV.  HC
V.   OBSH
VI.  DPT
Appendix I Supplier Profiles
Akzo Nobel 
Clariant 
Dongjin Semichem 
Dongyue Group 
Eiwa Chemical 
Fujian Longyan Longhua Chemical 
Hangzhou Haihong Fine Chemical 
Honeywell 
Jiangsu Thorpe chemical 
Jiangxi Lanhengda Chemical 
Jiangxi Selon Industrial Stock 
Junyuan Petroleum Group 
Kumyang 
LG Chem 
Ningxia Risheng 
Shandong Hua’an New Materials 
Shanghai 3F New Materials 
Solvay 
Zhejiang Sanmei Chemical Incorporated Company 
Zibo Aohong Chemical Technology 
Appendix II Channel Profiles
Goforward 
Jiangsu Hengrong Chemical 
Kunstek Corporation 
Lianyungang Understand International Trade 
Qingdao Xinnuo Chemical 
Shanghai Panfluor Chemical Tech  
Tianjin Jiahengjincheng International Trade 
Worldwide Resin & Chem. (HK) Ltd  
Xiamen Insite Trading 
For more information about this report visit http://www.researchandmarkets.com/research/23fc2c/assessment_of
Media Contact:
Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
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