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Executive summary
Production and Market of Glycine in China Executive summary
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Production and Market of Glycine in China Executive summary
Report edition:
2019
edition(
8
)
Finished time:
Jul. 2019
Document type:
PDF
Language version:
Published by CCM
Price:
USD
335
All the prices on this website exclude VAT.
Introduction
Executive summary
Description:
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 less than 18% of tech-grade glycine was consumed to produce the other three grades of glycine in 2014-2018. China's 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 less than 300,000 t/a before 2010 to 529,000 t/a in 2018, and the national tech-grade glycine output increased from 153,000 tonnes in 2010 to 328,000 tonnes in 2018. The price of glycine is closely linked with that of glyphosate (high-positive correlation), because of glycine's limited
consumption
fields and simple production technology. In H2 2016, the glycine and glyphosate markets began to recover, with gradual increases 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. The price declined in 2018 but at high level since 2015, driven by increasing price of glyphosate technical, the increasing demand of glycine from glyphosate as well as increasing
export volume
of glycine. In H1 2019, the price kept decreasing, because of stable demand and output of glycine and decreasing price of glyphosate technical. 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 460,000 tonnes in 2018, consuming about 266,800 tonnes of glycine at total. Objectives of this report are to present an in-depth and comprehensive view of Chinese glycine market. CCM's goal of this research is to determine the current status of Chinese glycine industry and assess its growth potential from 2019 to 2023. 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 glycine's 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 Region: China Time: 2011–June 2019, primarily 2014 to 2018 Product: glycine Aspects: production, export, price, consumption To enquire about this report, please email econtact@cnchemicals.com or call +86-20-37616606.
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