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Wednesday, 16 January 2008

China's Demand for Flame Retardant Has Grown at a Fast Pace in the Past Decade

Research and Markets has announced the addition of "Chinese Markets
for Flame Retardant 2006" to their offering.

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 favoured 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.

China's demand for flame retardant has grown at a fast pace in the
past decade. In the next five years, both production and demand will
continue to grow. This new study examines China's economic trends,
investment environment, industry development, supply and demand,
industry capacity, industry structure, marketing channels and major
industry participants. Historical data (1995, 2000 and 2005) and
long-term forecasts through 2010 and 2015 are presented. Major
producers in China are profiled.

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 research was 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. 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.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.

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