Abstract
Methoxy polyethylene glycol, abbreviated as MPEG, is a water-soluble liner
polymer obtained from addition reaction of epoxy ethane. It is widely used in
such industries as construction, coating, printing ink, textile, electronics,
rubber, food processing and package, pharmacy, household goods, agriculture
and metal processing. Its specific performance is as follows; effective
solvent carrier in processing of textile dyes, active solvent of solvent-based
coating, household, industrial cleaning agent, painting and floor polishing
agent, hard surface cleanser, adhesives and solvents of disinfectors, resin
and water-based printing pigment ink binder and component of high boiling
point hydraulic brake fluid.
In 2007, China' s chemical industry continued to maintain a relatively rapid
growth in investment and output value. Epoxy ethane and its deep processing
industry in China are in a stage of fast development. China' s specialty
chemicals like MPEG and epoxy ethane derivatives have an extremely vast
development space. Compared to the developed countries, China' s fine chemical
industry of epoxy ethane derivatives has a long way to go. Therefore, China' s
epoxy ethane industry should accelerate the development of extended downstream
fine chemical products to promote the technical level and core
competitiveness. Making full use of domestic resources and intensifying the
development and application of downstream fine chemical products will not only
satisfy the development need of related industries at home, but also speed up
the adjustments to the consumption structure of epoxy ethane and the creation
of fine chemical product clusters in epoxy ethane downstream processing
sector, aiming at seeking higher economic returns, which will ensure the
healthy and stable development of China' s epoxy ethane industry.
In 2007, China' s MPEG downstream industry had a good development momentum.
Water-reducing admixture is one of key products in the pillar industry of new
building materials. Naphthalene series high range water-reducing admixture is
the most frequently used in China, but it is the tendency that it is being
replaced by polycarboxylate high performance water-reducing admixture, which
is becoming more and more popular in the market at home. Due to their
optimistic outlook for China' s market, many foreign companies have entered
Chinese market. Meanwhile, more and more Chinese local companies and research
institutions are capable of developing polycarboxylate high performance
water-reducing admixture. China' s cosmetics and beauty industry has maintained
a rapid growth in recent years. It is forecasted that China' s cosmetic market
will reach CNY80 billion in 2008.
China pharmacy industry entered a new development period in 2007. Although
China was in a period of making adjustments to its pharmaceutical industry
policies in the past two to three years, its overall market demand still
continued rising, up 17% averagely year on year, much higher than the global
average of 7% to 8%, showing a broad space for development.
Nowadays, China is making great efforts to save energy and cut emissions.
Chemical industry, as a high consumption and high pollution industry, is
regarded as the key industry, so chemical industry shoulders heavy
responsibility for environment protection. Energy saving and emission
reduction will have a big impact on high consumption and high pollution
industry, meaning that companies with obsolete production facilities and small
production scale will be eliminated. Cosmetics Healthy Standard (2007), which
is to be put in force from July 1, 2008, will also raise the standards to
usage of chemical substance. Such changes in chemical downstream will have
great impact on upstream fine chemical industry pattern, including MPEG.
The report is based on the authoritative statistics from the National Bureau
of Statistics, the Ministry of Commerce, the National Development and Reform
Commission, the Development Research Center of The State Council, the General
Administration of Customs, the State Information Center, the China Petroleum
and Chemical Industry Association, the China Daily-Used Chemical Industry
Association and the China Pharmaceutical Industry Association.
The report makes an in-depth study on the general situation of China MPEG
industry and makes a profound analysis on the development of MPEG upstream
products and downstream application, the development trend of China MPEG
industry and the development trend and strategy of key companies in the
industry.
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