Highlights
Capacity expansion of China’s BDO industry accelerated in 2023, easing the supply tightness in the BDO market, and the price returned to a narrow range above the cost line. At the same time, the BDO market also showed strong resilience. Affected by the delay of new capacity commissioning, the controlled output at producers, and the new capacity in downstream industries, there was no obvious supply surplus in the BDO market. In addition, the depreciation of RMB benefited BDO exports to a certain extent, and the volume of BDO exports doubled in 2023, so the price trend of China’s domestic BDO in 2023 performed better than market expectations. As for downstream markets, the decline in the price of BDO promoted the new capacity launch to a certain extent, so the industrial chain expanded. More PBAT units were built and went for a test run. However, the recovery in the international economy was weak. In this context, the driving force of industry policies on the development of the BDO industrial chain weakened, and insufficient end consumption still restricted the overall development of the industrial chain. The competition in the downstream industry became more fiercer as supply increased, weakening the overall profitability of the industry chain. PTMEG become a relatively prosperous product in the annual industry chain resulting from its relatively tight supply.
Looking forward to 2024, the BDO industry will once again usher in the commissioning of maleic anhydride-based capacity, and the industry competition will intensify amid the new capacity release and elimination of obsolete capacity. What impact will it have on the BDO market pattern? In the context that BDO and downstream supply and demand are still increasing simultaneously, can the industry policy promote the development of the BDO industrial chain? The comprehensive and detailed original data is the result of in-depth research and meticulous research of SCI, extending from the product to the upstream and downstream of the industry. While conducting a detailed review and summary of the history, rational interpretation and objective analysis of the changes in the industry in the next 5 years are provided as a strong basis for customers to judge the market. Please attach great importance to the supply and demand balance table, upstream and downstream new capacity table, export changes and forecasts, market review and other content as such data can directly reflect the immediate, medium and long term changes in the supply and demand structure, and provide an accurate basic reference for customers to make decisions in production, marketing, procurement and others.
Report Value
1. To present quantitative market core indicators via a ten-year supply and demand balance and three-year price forecast
2. To interpret downstream consumption pattern changes and development highlights
3. To objectively evaluate changes in the BDO industry value chain via horizontal and vertical comparison
4. To objectively analyze the BDO industry development trend and price trend from multiple perspectives
Contents
Part 1 BDO Market Overview
Part 2 2019-2023 BDO Supply-Demand Balance Analysis
2.1 2019-2023 Supply-Demand Balance Trend Analysis
2.2 2023 Supply-Demand Balance Feature and Price Relation Analysis
Part 3 BDO Supply Pattern and Change Trend Analysis
3.1 Global BDO Capacity Analysis
3.2 2019-2023 China BDO Capacity Change Analysis
3.2.1 China BDO Capacity Development Trend Analysis
3.2.1.1 BDO Capacity Development Trend Analysis
3.2.1.2 BDO Capacity Concentration Rate Analysis
3.2.1.3 BDO Existing Capacity Technology Structure Analysis
3.2.1.4 BDO Existing Capacity (and Technology)
3.2.2 China BDO Capacity Regional Distribution Analysis
3.2.3 2023 China BDO Resource Flow Analysis
3.2.3.1 China BDO Main Sales Area and Output
3.2.3.2 China BDO Main Production Area and Output
3.2.3.3 China BDO Resource Flow Feature and Influence
3.2.4 2024-2028 China Newly Added Capacity
3.2.4.1 2024-2028 China BDO Capacity Forecast
3.2.4.2 2024 New Capacity Research
3.3 2019-2023 China BDO Output Change Analysis
3.3.1 2019-2023 China BDO Output
3.3.1.1 China BDO Annual Output Change Trend and Capacity Utilization Rate
3.3.1.2 China BDO Annual Output Change by Region
3.3.2 2023 China BDO Production Feature and Reason
3.3.2.1 2023 BDO Monthly Output Change Feature and Influence
3.3.2.2 2023 BDO Production High-Frequency Data Feature
3.4 2019-2023 China BDO Import Market Analysis
3.4.1 2019-2023 China BDO Import Data Analysis
3.4.1.1 China BDO Import Volume Trend Analysis
3.4.1.2 China BDO Import Structure Analysis by Trade Partner
3.4.1.3 China BDO Import Structure Analysis by Enterprise Registration Place and Trade Mode
3.4.2 2023 China BDO Import Volume Change Analysis
3.4.2.1 BDO Monthly Import Volume and Feature Analysis
3.4.2.2 2023 BDO Imports’ Impact on China’s Total Supply
3.5 2023 BDO Inventory Change Analysis
3.5.1 BDO Inventory Index Change and Trend Analysis
3.5.2 Analysis of Relationship Between Inventory Change and Price
3.5.2.1 Inventory Change Characteristics and Supply-Demand Relation
3.5.2.2 Inventory Change and Price Relation Analysis
3.6 BDO Warehouse Logistics Status Analysis
3.6.1 2-EH Storage and Logistics Conditions
3.6.2 Warehousing Cost and Logistics Cost Analysis
3.7 2024 China BDO Supply Forecast
3.7.1 2024-2028 Total Supply Forecast
3.7.2 2024 Monthly Supply Forecast and Impact Forecast on Price
Part 4 BDO Demand Pattern and Change Trend Analysis
4.1 2019-2023 China BDO Consumption Volume Change Trend Analysis
4.1.1 China BDO Consumption Volume Change and Trend
4.1.2 China BDO Main Downstream Industry Demand Change and Characteristics Analysis
4.1.3 China BDO Downstream Industry Distribution and Regional Consumption Structure
4.1.4 2023 China BDO Main Downstream Customer Scale and Demand Change Analysis
4.2 2019-2023 China BDO Export Market Analysis
4.2.1 2019-2023 China Export Data Analysis
4.2.1.1 China BDO Export Volume Trend Analysis
4.2.1.2 2023 China BDO Export Structure Analysis by Trade Partner
4.2.1.3 2023 China BDO Export Structure Analysis by Enterprise Registration Place and Trade Mode
4.2.2 2023 China BDO Export Volume Change Analysis
4.2.2.1 BDO Monthly Export Volume and Feature Analysis
4.2.2.2 2023 BDO Exports’ Impacts on China’s Total Demand
4.3 2024-2028 BDO Downstream Industry Consumption Forecast
4.3.1 PTMEG-Spandex Market Scale Analysis and Demand Forecast
4.3.2 PBT Market Scale Analysis and Demand Forecast
4.3.3 GBL Market Scale Analysis and Demand Forecast
4.3.4 PBAT Market Scale Analysis and Demand Forecast
4.3.5 PU Market Scale Analysis and Demand Forecast
4.4 2024-2028 BDO Consumption Volume Forecast
4.4.1 China BDO Consumption Volume Change Trend Analysis
4.4.2 BDO Export Volume Change Trend Analysis
4.5 BDO Demand Peak and Slack Season Analysis
4.5.1 BDO Demand Peak and Slack Season Feature Analysis
4.5.2 BDO Demand Peak and Slack Season from Price Perspective
4.6 Downstream Procurement Key Factors Analysis
4.7 Operation Risk and Barrier Analysis
Part 5 China BDO Price Trend Analysis
5.1 China BDO Market Price Analysis
5.1.1 BDO Price Change Feature
5.1.2 2023 Annual BDO Price Trend Seasonal Characteristics
5.2 Related Product Price Co-Movement Analysis
5.2.1 BDO and Main Feedstock Styrene Price Co-Movement Analysis
5.2.2 BDO and Downstream Product Price Co-Movement Analysis
5.2.3 BDO and Related Product Price Co-Movement Analysis
5.3 BDO Cost and Profit Analysis
5.3.1 BDO Cost Structure and Feature Analysis
5.3.1.1 BDO Cost Composition and Change Analysis
5.3.1.2 Production Process Cost Difference Analysis
5.3.2 BDO Profit Change and Impact Analysis
5.3.2.1 BDO Profit Trend and Feature Analysis
5.3.2.2 Impact of Profit Change on Producers’ Production
Part 6 BDO Industry Outlook
6.1 2024-2026 BDO Price Forecast
6.2 BDO Price Driver Development Trend Forecast
6.2.1 Marco Economy’s Influence on BDO Market
6.2.2 Industrial Policy’s Influence on BDO Market
6.2.3 2024-2028 China BDO Supply and Demand Balance Forecast
6.2.3.1 2024-2028 China BDO Supply and Demand Balance Trend and Feature Forecast
6.2.3.2 2024 Supply and Demand Balance Forecast
6.2.4 BDO Market Competition Pattern Analysis
6.2.4.1 2024-2028 China BDO Trade Flow Forecast
6.2.4.2 SCI Monitoring Enterprise Business Trend Analysis
6.2.5 Value Chain Analysis and Forecast
6.2.6 Related Product Price Co-Movement Analysis and Forecast
6.3 Impact of Main Driver on 2024 BDO Price
Appendix 1 BDO Industry Highlights
Appendix 2 Methodology and Related Definition
Appendix 3 Tables, Charts and Enterprises
Appendix 4 Related Annual Reports
2023-2024 China Styrene Market Annual Report
2023-2024 China PS Market Annual Report
Legal Statement