Compound Plasticisers Market Overview in Asia-Pacific
In value terms, compound plasticisers production totaled $1B in 2010 estimated in export prices. In general, compound plasticisers production continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2008 with an increase of 5.5% year-to-year. In that year, compound plasticisers production attained its peak level of $1.1B. From 2009 to 2010, compound plasticisers production growth remained at a lower figure.
China (216K tonnes) remains the largest compound plasticisers producing country in Asia-Pacific, accounting for 45% of total volume. Moreover, compound plasticisers production in China exceeded the figures recorded by the second-largest producer, India (106K tonnes), twofold. The third position in this ranking was occupied by Japan (50K tonnes), with a 10% share.
In China, compound plasticisers production remained relatively stable over the period from 2007-2010. In the other countries, the average annual rates were as follows: India (+0.1% per year) and Japan (-2.6% per year).
The revenue of the compound plasticisers market in Asia-Pacific amounted to $1.3B in 2010, increasing by 9.5% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). The market value increased at an average annual rate of +2.3% over the period from 2007 to 2010; the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. The growth pace was the most rapid in 2010 with an increase of 9.5% year-to-year. The level of compound plasticisers consumption peaked at $1.3B in 2008; afterwards, it flattened through to 2010.
In China, compound plasticisers consumption decreased by an average annual rate of -1.2% over the period from 2007-2010. In the other countries, the average annual rates were as follows: India (-1.0% per year) and Japan (-0.2% per year).
In value terms, China ($638M) led the market, alone. The second position in the ranking was occupied by India ($237M). It was followed by Japan.
In China, the compound plasticisers market increased at an average annual rate of +2.5% over the period from 2007-2010. In the other countries, the average annual rates were as follows: India (+1.2% per year) and Japan (+2.8% per year).
The countries with the highest levels of compound plasticisers per capita consumption in 2010 were Taiwan, Chinese (626 kg per 1000 persons), Australia (542 kg per 1000 persons) and South Korea (468 kg per 1000 persons).
From 2007 to 2010, the most notable rate of growth in terms of compound plasticisers per capita consumption, amongst the main consuming countries, was attained by Indonesia (+77.2% per year), while compound plasticisers per capita consumption for the other leaders experienced a decline in the per capita consumption figures.