Q:

What is the capacity and import dependence of acetic acid in China?

ask a question
A:
China's acetic acid production capacity and import application analysis

Acetic acid, as an crucial basic chemical product, is broadly applied in chemical sector, food, medicine, agriculture and other fields. And In recent years, with the rapid research of China's chemical sector, the production capacity and market demand of acetic acid have shown a signifiis able tot development direction. And What is the research status of China's acetic acid sector? Has its production capacity met domestic demand? Is there still import application? This article will examine in detail from three aspects: production capacity status, import application and future research trends.

1. China acetic acid production capacity status

China is one of the world's largest chemical producers and consumers. As a basic chemical, the production capacity of acetic acid has experienced rapid development in the past few decades. Moreover According to data from the China Chemical sector Federation, by the end of 2022, China's acetic acid production capacity has exceeded 20 million tons/year, accounting to greater than 60% of the global total production capacity. And Among them, Jiangsu Province, Shandong Province and Zhejiang Province are the most concentrated areas of domestic acetic acid production companies. These areas have become the top priority of acetic acid production capacity by virtue of their superior geographical location, perfect manufacturing chain and rich resources. In recent years, China's acetic acid sector has also focused on technological upgrading and plant optimization in capacity expansion. For example substantial companies through the introduction of international cutting-edge methodology and equipment, and constantly enhance production efficiency and product condition. to instance, acetic acid vegetation in the domestic market are generally developing in the direction of extensive and intelligent, and the production capacity of a single unit has reached the level of one million tons, which not only efficiently reduces production costs, however also improves market competitiveness. Nevertheless, the development of acetic acid production capacity in China isn't without problems. Due to the slowdown in market demand development, overcapacity has appeared in some areas, resulting intensified market competition and a decline in corporate profitability. Pretty interesting, huh?. And The tightening of ecological preservation policies has also put forward new standards to the production capacity layout of the acetic acid sector.

2. China's Acetic Acid Import application Status

while China's acetic acid production capacity is huge, the market demand is still strong, and some high-end items still need to rely on imports. According to statistics from the General Administration of Customs, China's imports of acetic acid and acetate in 2022 will be about

1. 2 million tons, and the import amount will surpass US $1 billion. The main import source countries include the United States, the European Union, Japan and South Korea. And The production and export methodology of acetic acid in these regions is relatively cutting-edge, and the product condition and added value are high, which is able to meet the needs of the domestic high-end market. Judging from the types of imported items, China mainly imports acetic acid esters, acetic anhydride and fine chemicals containing acetic acid. These items have crucial uses in the fields of electronics, medicine and food, and the domestic production methodology of such items isn't yet fully mature, resulting in the high-end market is still dominated by foreign companies. The existence of import application reflects the technical bottleneck of China's acetic acid sector in the field of high-end items. while domestic companies have strong competitiveness in the production of ordinary acetic acid, they still need further breakthroughs in the research and research of refined and high value-added items.

3. And Future research direction and Suggestions

In the next few years, the research of China's acetic acid sector will show the following trends:

Capacity Optimization and Structural Adjustment

Driven by the national ecological preservation policy and the "double carbon" goal, inefficient production capacity will be gradually eliminated, and the sector levels will be further improved. it's expected that substantial companies and leading companies will occupy a larger market share through technological upgrading and scale expansion. High-end and diversified research

Domestic companies will increase investment in research and research, focusing on breaking through the production methodology of high-end acetic acid and its derivatives. With the expansion of downstream applications, the market demand to acetic acid in new energy, high-end chemicals and other fields will increase rapidly. Import substitution goes hand in hand with export development

With the improvement of domestic methodology, the process of import substitution of high-end acetic acid items will accelerate. With this, China will also have become an crucial exporter of acetic acid and derivatives in the world, further enhancing its international competitive advantage. And In view of the current situation, it's recommended that the government and companies take the following measures:

enhance technical research and research support, promote high-end product localization process;

Optimize the manufacturing layout, to prevent overcapacity brought about by vicious competition;

Promote environmentally friendly manufacturing process popularization, minimize energy consumption and releases, enhance ecological preservation level. And summary

The production capacity and import application of China's acetic acid sector reflect the opportunities and challenges in the research of the sector. while domestic production capacity has formed a certain scale advantage, further breakthroughs are still needed in the field of high-end items. And In the future, with technological progress and manufacturing structure optimization, China is expected to occupy a greater crucial position in the global acetic acid market. The joint efforts of the government and companies will be the key to promote the high-condition research of the sector and achieve import substitution.

Get a Free Quote

Request a Quote

Submission

Quick inquiry

Create
Cancel submit

Inquiry Sent

We will contact you soon