Abstract
Report Scope and Methodology
This report about the China flame retardants market examines China' s
macroeconomic trends, investment environment, flame retardants industry
structure and capacities, production and demand, end-user market consumption
trends, distribution channels and trading companies, major research institutes
and principal industry participants. Long-term forecasts for major flame
retardants production and demand are included. Major producers and end-users
of flame retardants are profiled and listed in the producer directory section.
Both primary and secondary researches were done in China in order to access
up-to-date government publications, market information and industry data. Data
were collected from the Chinese government publications, Chinese chemical
industry associations, local governments' chemical industry bureaus, and the
Internet web. Interviews are conducted with Chinese industry experts,
university professors, and flame retardants producers in China.
Historical data includes the datum of 1995, 2000 and 2005. Long-term
development trends are projected to the years 2010 and 2015. Economic models
and quantitative methods are applied in this report to project market demand
and industry trends. Metric system is used and values are presented in either
yuan (RMB, current price) and/or US dollars. Exchange rate for 2005 is based
on the annual average rates (about 8.1 yuan per US dollar). The word "demand"
is used interchangeably with "consumption". Totals may not add due to rounding.
Executive Summary
China has experienced over two decades of high economic growth, which has been
stimulated by the consecutive increases of industrial output, consumer
consumption and capital investment. China' s GDP has been growing at 9.8% per
annum. National industry output has been advancing at 15% annually and will
continue to sustain a strong growth into the next decade. The fast-growing
middle class is creating an enormous consumer society. As the fastest-growing
economy in the world, the emerging market has attracted the attention of
investors and corporations around the world for the last two decades.
To deepen the reform of state-owned enterprises is a long-term task and needs
great efforts. The reform of state-owned economy has witnessed rapid changes
in both economic and social aspects. The introduction of foreign advanced
technology and capitals will continue to be favored by the Chinese government
and business community. New ways will be adopted to utilize foreign
investment, including mergers, acquisition, and investment funds and
securities investment. China will continue to improve its investment
environment in the areas of legal system, intellectual property protection,
foreign trade and investment regulation, infrastructure and financial system.
China is the second largest foreign investment recipient after the United
States in the world today. Given its vast market, the country provides
tremendous opportunities for investment and trade both for the present and
future.