Domestic polyurethane market shrinks in the fourth quarter is expected to go out of the shadows

According to news from the 2012 China Polyurethane Industry Chain Investment and Development Forum, due to the global economic downturn, the domestic polyurethane market has shrunk, exports have been blocked, and production has become oversupply, and the pressure on the front has increased significantly.

However, according to relevant experts' forecasts, under the stimulation of the introduction of the national favorable policies, the entire industry will gradually emerge from the fourth quarter from the fourth quarter through comprehensive measures such as structural adjustment, downstream innovation, expansion of domestic demand, and strengthening of exports.

It is predicted that by 2016, China's polyurethane production capacity will be 11 million tons, accounting for nearly 50% of the world's total, with a total output value of over RMB 300 billion. The growth of production capacity mainly comes from corporate projects such as BASF, Wanhua, Bayer, and Huntsman.