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China Chemical Sector Report 2020 1st Quarter

An EMIS Insights Industry Report
EMIS is an ISI Emerging Markets Group Company
Date: June 2020
Pages: 66
Available in: English

In the fourth quarter of 2019, China’s chemical sector’s value added of industry (VAI) rose by 6.2% y/y, 3.5 pp faster than in the same period of 2018. During both Q3 and Q4 2019, China’s economy expanded by a record low of 6% y/y, the slowest pace in three decades, which pushed the government to implement a series of measures to boost domestic consumption. In H2 2019, the demand for chemical products was driven mainly by building and infrastructure construction, the largest consumer of chemicals. The demand for chemicals was also supported by the stable growth of China’s manufacturing sector which witnessed a 6% y/y growth in VAI in Q4 2019. The chemical fertiliser manufacturing, plastic products manufacturing and other subsectors all experienced faster y/y growth in value added. The automotive sector, which is one of the major consumers of chemical products, showed signs of recovery in this period. In Q4 2019, China produced 7.6mn automobiles, an increase of 3.5% y/y,  according to China Association of Automobile Manufacturers (CAAM). The partial easing of the bilateral import tariffs imposed by the US and China on each other’s goods that scheduled for December 2019 had a positive effect on China’s economy. In December 2019, China and the US started negotiations on the first phase of the long-awaited trade deal providing for cancellation of some tariffs and postponing the imposition of new ones. The deal was signed on January 15, 2020.

 

This report provides a complete and detailed analysis of the chemical sector for China. EMIS Insights presents in-depth business intelligence in a standard format across countries and regions, providing a balanced mix between analysis and data.

What this report allows you to do:

  • Understand the key elements at play in the chemical sector in China
  • Access forecasts for growth in the sector
  • View key data on production and sales for the sector in China
  • Crystallise the forces both driving and restraining this sector in China
  • Ascertain China’s position in the global sector
  • Build a complete perspective on sector trade, investment and employment
  • Understand the competitive landscape and who the major players are
  • View M&A activity and major deals
  • Gain an understanding of the regulatory environment for the sector in China
  • Build a clear picture of trends and issues for sub-sectors (e.g. chemicals and chemical products, rubber and plastic products).

 

See below for a complete table of report contents:

China Chemical Sector Report 2020 1st Quarter - Page 1
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SEE BELOW FOR A COMPLETE TABLE OF REPORT CONTENTS:

China Chemical Sector Report 2020 1st Quarter -  Page 3
China Chemical Sector Report 2020 1st Quarter -  Page 4
China Chemical Sector Report 2020 1st Quarter -  Page 14
China Chemical Sector Report 2020 1st Quarter -  Page 19
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