Global and China 1,4-Butanediol (BDO) Industry Report, 2014-2017

Global and China 1,4-Butanediol (BDO) Industry Report, 2014-2017

As an important organic and fine chemical, 1,4-butanediol (BDO) is widely used in pharmaceutical, chemical, textile and household chemical fields.

By the end of September 2014, the BDO capacity worldwide topped around 3.35 million tons, of which about 48% came from Mainland China. Global BDO manufacturers mainly include Taiwan-based Dairen Chemical Corporation (DCC), Germany-based BASF and U.S.-based LyondellBasell, combining 38.5% of total worldwide capacity.

The BDO production process on a global scale is dominated by BASF, U.S.-based ISP and Invista, U.K.-based Davy, Japan’s Mitsubishi Chemical, and DCC. In spite of relatively small BDO capacity, Invista, Mitsubishi Chemical and Davy with core production technologies and patents are playing an important role in the global BDO industry by technology transfer or other means.

During 2009-2011, the BDO industry in China faced a tight supply, the rising BDO price drove a large number of enterprises to add or expand capacity projects, which gave rise to the BDO capacity swelling. By the end of September 2014, China’s BDO capacity has been around 1.616 million tons, while the severe overcapacity was accompanied by an operating rate (regarding to BDO facilities) of merely 30% or so.

At present, the BDO in Mainland China is mostly manufactured via reppe process and maleic anhydride process, of which maleic anhydride-process BDO makes up roughly 27.5% of capacity. From 2012 onward, due to the stubbornly high price of maleic anhydride, maleic anhydride-process BDO facilities were in the red, basically shut down. While reppe-process BDO facilities are in relatively steady operation, but the profit margin thereof has been sharply reduced.

In the next few years, more new BDO capacities were to be built in Mainland China as it is planned, totaling 1.4 million tons or so, however, against the excess capacity and the sluggish market demand, some projects will probably be put aside or cancelled, and the growth rate of BDO capacity will slacken. In the meantime, the concentration of China’s BDO industry is expected to increase step by step. Mainstream manufacturers such as Markor Chem and Shanxi Sanwei will continue to expand their BDO capacities and the BDO facilities of some small producers will be gradually eliminated under cost pressure.

Up to the end of September 2014, the top 3 BDO manufacturers in Mainland China were Markor Chem, Shanxi Sanwei and Chang Chun Dairen Chemical (PANJIN), respectively featuring capacity of 160,000 tons, 150,000 tons and 150,000 tons.

Global and China 1,4-Butanediol (BDO) Industry Report, 2014-2017 by ResearchInChina mainly highlights the followings:

Supply & demand, competitive landscape, price trend, etc. of global BDO industry;
Supply & demand, competitive landscape, import & export, price trend and development forecast (2014-2017) of the BDO industry in China;
Supply & demand, competitive landscape, import & export, price trend, etc. of BDO downstream industries such as PTMEG, PBT, GBL, etc. at home and abroad;
Operation and BDO business of 13 BDO manufacturers in the world and China and progress of BDO projects of 16 Chinese enterprises.
1 Profile of BDO
1.1 Properties and Purposes
1.2 Process

2 Overview of Global BDO Industry
2.1 Status Quo
2.2 Supply
2.3 Demand
2.4 Competitive Landscape
2.5 Price

3 Overview of China BDO Industry
3.1 Policy
3.2 Supply
3.3 Demand
3.4 Competitive Landscape
3.5 Import & Export
3.6 Price

4 Development of BDO Downstream Industry
4.1.1 World
4.1.2 China
4.2 PBT
4.2.1 World
4.2.2 China
4.3 GBL
4.3.1 World
4.3.2 China
4.4 Others

5 Major Overseas BDO Manufacturers
5.1 BASF
5.1.1 Profile
5.1.2 Operation
5.1.3 Operation of Chemical Division
5.1.4 Revenue Structure of Chemical Division
5.1.5 BDO Business
5.1.6 Business in China
5.2 Dairen Chemical
5.2.1 Profile
5.2.2 BDO Business
5.2.3 Advantages and Outlook
5.3.1 Profile
5.3.2 Operation
5.3.3 BDO Business
5.3.4 Business in China
5.4 Ashland
5.4.1 Profile
5.4.2 Operation
5.4.3 Operation of Functional Material Division
5.4.4 BDO Business
5.4.5 Business in China
5.5 Nan Ya Plastics
5.5.1 Profile
5.5.2 Operation
5.5.3 BDO Business
5.5.4 Outlook

6 Major BDO Manufacturers in Mainland China
6.1 Shanxi Sanwei
6.1.1 Profile
6.1.2 Operation
6.1.3 Revenue Structure
6.1.4 Gross Margin
6.1.5 Clients and Suppliers
6.1.6 BDO Business
6.1.7 Forecast and Outlook
6.2 Yunnan Yunwei
6.2.1 Profile
6.2.2 Operation
6.2.3 Revenue Structure
6.2.4 Gross Margin
6.2.5 BDO Business
6.2.7 Forecast and Outlook
6.3 Sinopec Yizheng Chemical Fibre
6.3.1 Profile
6.3.2 BDO Business
6.4 Markor Chem
6.4.1 Profile
6.4.2 Operation
6.4.3 Clients and Suppliers
6.4.4 BDO Business
6.5 Fujian Meizhouwan
6.5.1 Profile
6.5.2 BDO Business
6.6 Nanjing Bluestar
6.6.1 Profile
6.6.2 BDO Business
6.7 China New Materials
6.7.1 Profile
6.7.2 BDO Business
6.8 HNCC
6.8.1 Profile
6.8.2 BDO Business
6.9 Other Companies
6.9.1 Shaanxi BDO
6.9.2 Sichuan Tianhua
6.9.3 Jianfeng Chemical
6.9.4 Guodian Younglight
6.9.5 Henan Kaixiang
6.9.6 Inner Mongolia Zhongyuan
6.9.7 Sinopec Sichuan Vinylon Works
6.9.8 Zhongjia Huachen Energy
6.9.9 Jiangshan Chemical
6.9.10 Xinjiang Tianye
6.9.11 Yanchang Petroleum
6.9.12 Hengyuan Coal Industry and Electricity Power
6.9.13 Shandong Weijiao
6.9.14 Shaanxi Ronghe Chemical
6.9.15 Xinjiang Blue Ridge Tunhe Chemical Industry Joint Stock
6.9.16 Xinjiang Guotai Xinhua Mining

7 Summary and Forecast
7.1 Summary
7.2 Forecast
7.2.1 Development Trend
7.2.2 Supply & Demand

Companies Mentioned

Dairen Chemical
Nan Ya Plastics
Shanxi Sanwei
Yunnan Yunwei
Sinopec Yizheng Chemical Fibre
Markor Chem
Fujian Meizhouwan
Nanjing Bluestar
China New Materials
Shaanxi BDO
Sichuan Tianhua
Jianfeng Chemical
Guodian Younglight
Henan Kaixiang
Inner Mongolia Zhongyuan
Sinopec Sichuan Vinylon Works
Zhongjia Huachen Energy
Jiangshan Chemical
Xinjiang Tianye
Yanchang Petroleum
Hengyuan Coal Industry and Electricity Power
Shandong Weijiao
Shaanxi Ronghe Chemical
Xinjiang Blue Ridge Tunhe Chemical Industry Joint Stock
Xinjiang Guotai Xinhua Mining