The world demand for phenol will reach 7.24 millio

2022-06-22
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The world demand for phenol this year will reach 7.24 million tons

the world demand for phenol this year will reach 7.24 million tons

March 26, 2003

; The demand for bisphenol A (BPA) was 2.27 million tons, an increase of 7.2% over 2001; The demand for cyclohexanone was 890000 tons, an increase of 0.2% over 2001; Aniline and others paid attention to turning off the main motor source

side. The demand was 920000 tons, an increase of 2.3% over 2001. By region, the demand for phenol in the United States increased by

0.6%, reaching 2.12 million tons; The demand for phenol in Europe decreased by 0.8%, which enabled researchers to test 1.93 million tons of metal coated and uncoated samples of the material reinforced with carbon fiber; Japan's demand for phenol increased by 9.7% to 750000 tons; Demand for phenol in Asia increased by 25. 5% 1.17 million tons; The demand for phenol in other regions increased by 40% to 970000 tons. The main reason for the decline in the demand for phenol in Europe is the transfer to Asia (including end products), which is also the trend in the United States. The demand for phenol resin in Asia increased by

72%, and the 430000 T/a bisphenol a new plant was completed and put into operation, so that the demand growth rate of the product was more than 200%, and the demand for phenol reached a high growth rate of 25% due to

the demand for phenol in Japan, Europe and the United States accounts for more than 70% of the total demand for phenol in the world, indicating that it has the typical commodity characteristics of developed countries. The final demand is concentrated in automobiles, household appliances, etc. In view of the large room for the growth of automobiles and household appliances in Asia, new polycarbonate (PC) and BPA equipment are built intensively, which is becoming more and more important in the region. Asia

will probably continue to be the locomotive for the expansion of phenol demand in the world. In 2002, the overall operating rate of phenol in the world was 91%

it is estimated that the total demand for phenol in the world in 2003 will be about 7.24 million tons, with an average annual growth rate of about 4.3%. Although it is estimated that the phenol resin in Europe and the United States will maintain the same growth level as the GDP, due to the impact of the commissioning of a new

production unit of 200000 tons of bisphenol A in Asia, it is expected that the demand for phenol in the United States will be reduced to 2.1 million tons, with an average annual decrease of 0.6%; Europe's demand for

will reach 1.97 million tons, with an average annual growth rate of 2. China is no exception 1%; The demand for phenol in Asia will reach 1.4 million tons due to the continuous high-speed growth of bisphenol a demand, with an average annual growth rate of 19.0%; Except for the slight increase of bisphenol A, Japan's demand is 760000 tons, with an average annual growth rate of 1.5%; The demand for phenol in other regions is 1.01 million tons, with an average annual growth rate of 3.6%. In 2003, the world demand for bisphenol A was 2.866 million tons, with an average annual growth rate of 6.0%. Since the second quarter of 2002, the demand for polycarbonate (PC) resin has risen rapidly. In 2003, the demand for bisphenol a used in polycarbonate is expected to reach 1824000 tons, with an average annual growth rate of 8.0%. The demand for epoxy resin and other products is expected to reach

1042000 tons, with an average annual growth rate of 3.0%. By region, the demand for bisphenol A in Asia is still expected to grow the fastest, reaching 779000 tons in 2003, with an average annual growth rate of 27.0%

in 2003, the production capacity of phenol was only 70000 T/a production

units completed by Mitsubishi Chemical Company in July this year. However, the production units of Ineos phenol company resumed production and the 50000 T/a production

units expanded by the company in Singapore at the end of 2002 operated at full capacity. The supply will increase. The overall operating rate of phenol in the world will continue to maintain the level of 91%

in 2002. The world phenol supply is still very tight. With the commissioning of new bisphenol a production units in Asia, the phenol gap in Asia is expected to expand from 70000 tons in 2002 to about 330000 tons this year. The balance still needs to be maintained by importing from the United States and Europe. If the operating rate of bisphenol a production units is high, the contradiction between supply and demand will be further tense. The phenol supply capacity in Asia will continue to be insufficient. It is expected that the overall operating rate of the world's phenol production plants will increase by

to about 95.0% in 2004

in the first quarter of 2002, the market price of phenol in Asia was about US $400/ton. With the rise of raw material prices and tight supply and demand, the price rose to about US $700/ton in the fourth quarter. Recently, the prices of raw materials benzene and propylene are still rising, because the price of phenol in Asia will continue to rise, and the market will further rise

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