Aarkstore Enterprise announced latest Market Research Report Titled “Production And Market Of Glycine In China”
Four grades of glycine are produced in China, namely tech-grade, food-grade, feed-grade and pharmaceutical-grade. Among them, tech-grade glycine has kept the dominate role, and about 15% of tech-grade glycine was consumed to produce the other three grades of glycine in 2010–2017.
Chinas glycine industry has developed fast since 2010, driven by the fast development of its key downstream products—glyphosate technical. The national tech-grade glycine capacity increased from 346,000 t/a in 2010 to 639,000 t/a in 2017, and the national tech-grade glycine output increased from 153,000 tonnes in 2010 to 317,500 tonnes in 2017.
The price of glycine is closely linked with that of glyphosate (high-positive correlation), because of glycines limited consumption fields and simple production technology. In H2 2016, the glycine and glyphosate markets began to recover, with gradual inreases in prices and rises in corporate profits. As of the end of 2017, the prices of glycine and glyphosate reached the highest levels in nearly three years, as a result of the increasingly stringent environmental policies and rising demand for glyphosate stimulated by the ban on the use of paraquat AS.
Quite different from the overseas consumption structure, the largest end use segment of glycine in China is glyphosate, followed by pharmaceutical, dyeing, carboxymethyl cellulose (CMC), carboxymethyl starch, etc. The output of glycine route glyphosate reached 451,000 tonnes in 2017, consuming about 261,580 tonnes of glycine at total.
Objectives of this report are to present an in-depth and comprehensive view of Chinese glycine market. CCMs goal of this research is to determine the current status of Chinese glycine industry and assess its growth potential from 2018 to 2022. Having accumulated profound understanding on industrial chains of glyphosate, the most important downstream industry of glycine, CCM will present an insight into glycine market and future trends, together with its industry structure, including upstream products, applications. A review of glycines competitiveness is also provided in the report.
The report is based on data sourced by diverse methods. The data collected and compiled was variously sourced from telephone interviews, published magazines, journals, government statistics and CCM’s database, etc. Data obtained from various sources have been combined and cross-checked to ensure that this report is as accurate and methodologically sound as possible.
The key market players in glycine industry are profiled in details. Key market participants studied include Hebei Donghua, Yichang Jinxin, Fuhua Tongda, and Linyi Hongtai.
Scope of the report
Time: 2010–Feb. 2018, primarily 2011 to 2017
Aspects: production, export, price, consumption
For more inquiry contact our sales team at email@example.com