CCM announces launch of Sodium Gluconate updated report
CCM releases an updated market report named Production and Market of Sodium Gluconate in China-edition (2) on Oct.1, 2010.
Online PR News – 27-October-2010 –China is one of the largest production and consumption bases of Sodium Glaciate (SG) around the world. After experiencing rapid development in the past few years, China SG industry has faced great challenges recently. On July 30, 2010, the EU has made its final ruling on the anti-dumping case of China's sodium gluconate. What challenges will China’s SG manufacturers meet? What is the purpose of this policy released by EU? How many SG from China has been exported to the EU market in recent years? And what are the existing policies on this industry? Based on the original report finished in 2006, CCM releases an updated market report named Production and Market of Sodium Gluconate in China-edition (2) on Oct.1, 2010. The newest report will figure you out these questions above and the business opportunities in China.
China SG industry's total output in 2009 has jumped to 334,000 tones from 112,000 tones in 2005, with CAGR of 33.14% in 2005-2009, according to CCM ValoTracer's data. Because of its rapid production expansion, more and more players entered this industry to seize the business opportunity. At present, China acts as a main player in the production of sodium gluconate around the world.
The competition has become more and more intense among domestic SG manufacturers since Shandong Xiwang entered into the industry with the capacity of 100,000 t/a in 2009. Many small firms were even squeezed out of the competitive market. During this period, Shandong Xiwang, Shangdong Kaison, Shandong Xinhong and Jiangsu Zhuoyun became the top 4 SG producers in China, which have a total capacity of 195,000t/a in 2009, accounting for 35% of China's total capacity approximately.
On the other hand, identifying the entry and expansion of Chinese SG as a detriment to its market, the EU launches an anti-dumping probe into SG from China from August 11, 2009. “In the next few years, the EU’s determination will put great obstacles in the way of most domestic SG producer’s expansion in EU market. “With gradually mature production technology, the output and export volume of China’s SG products will to see continue increase in the coming years.” predicated by Manobo Xiao, CCM’s senior researcher.
Since such a great change happened in China’s SG industry, CCM believes its updated SG research can bring you great business value. Therefore, CCM publishes this new market report Production and Market of Sodium Gluconate in China-edition (2) in October 2010. In this newest issue, CCM mainly focuses on the following points:
>Historical development of SG industry in China
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