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As one of the most important producers and consumers of acrylonitrile around the world, China witnessed fast growth in demand but stable growth in production from 2006 to 2010. China's acrylonitrile is generally in short supply in recent years.

China's CPI rose 5.5% in May 2011, the highest in past 34 months. In response to the inflation, the People's Bank of China has raised the reserve-requirement ratio by 0.5% since 20 June 2011.

GBI Research’s report, “Active Pharmaceutical Ingredients (API) Market in Asia-Pacific to 2016 - The Merchant Market for Generics Continues to Grow as the Competition Increases” provides detailed insight into the Asia-Pacific API market. The research presents detailed analysis and forecasts of the major economic and market trends affecting the API markets in this region. The report contains market forecasts, product type analysis, drivers and restraints, and competitive landscape of major producers in the region. In addition, it includes market forecasts, product type analysis, therapeutic categories analysis and SWOT analysis of the API markets in the major countries of the region. Overall, the report presents a comprehensive analysis of the Asia-Pacific API market, covering all the major parameters. The report is built using data and information sourced from proprietary databases, primary and secondary research and in-house analysis by GBI Research’s team of industry experts.

Driven by the rapid development of China’s economy in past 10 years, China’s 1,3-butadiene industry has witnessed great development. Almost all 1,3-butadiene production lines are accompanied with ethylene project in China.

GBI Research’s Report “Paint Additives Market to 2016 - Rheology Modifiers and Biocides to Drive the Market” is now available at ReportsnReports.com.

Along with the development of liquid crystal display, all the LCD materials including LCD monomer and chemicals for LCD monomer production had witnessed a great expansion in the past decade.

Driven by the related industries such as automotive industry and shoemaking industry, China synthetic rubber industry presents vigorous development. In 2010, the output of synthetic rubber exceeded 3.1 million tons in China, a 12.5% YoY rise. Thanks to the raw material advantage, outputs of Sinopec and CNPC accounted for 31.2% and 20% of the total output, respectively.

This report analyzes the global markets for major renewable chemicals such as alcohols, polymers, ketones, and acids; along with the major applications of renewable chemicals. The global renewable chemicals market is estimated to reach $76.16 billion in 2015 from $36.90 billion in 2009, at a CAGR of 12.67% from 2010 to 2015. The report also analyzes various end-use segments for these products; and familiarizes the industry players with the market trends, opportunities, drivers, and inhibitors. This report identifies the factors driving as well as inhibiting the growth of each segment to support its analysis of market trends and forecasts. The market segments are sized for major geographical markets of North America, Europe, Asia, and Rest of the World (ROW). In addition to the market size, data trends, and forecasts, the report also highlights key market opportunities for the stakeholders and presents a competitive landscape analysis in which it profiles the key market developments of the top 20 companies in the renewable chemicals space.

The increasing demand for renewable and bio-based materials and shift in consumer preference to eco-friendly packaging are driving the market for global biodegradable plastics. The global biodegradable plastics market in terms of volume (‘000, metric tons) is expected to grow from 664 thousand metric tons in 2010 to 2330 thousand metric tons in 2016 at an estimated CAGR of 20.24% from 2011 to 2016.

GlobalData’s Report “Europe Toluene Industry Outlook to 2015 - Market Size, Company Share, Price Trends, Capacity Forecasts of All Active and Planned Plants” is now available at ReportsnReports.com.