Energy & Chemicals Industry Analysis

Overview of Power Generation in China

Power generation by sources of energy in China in 2016 In 2016, thermal power plants constituted the largest share in the power generation mix in China, accounting for approximately 71.6% of the total national power generation. Hydropower takes the second highest share, accounting for approximately 19.7% of the total power generation. Of the thermal power generation fleet in China, combined heat and power generation is an important sub-segment. In 2014, combined heat and power (“CHP”) generation capacity in China reached approximately 280.1 GW, accounting for approximately 30.3% of the total…

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Energy & Chemicals

Analysis on Production Volume and Market Concentration Rate of Global Cobalt Industry

Congo-Kinshasa has the world’s largest reserves of cobalt ores, representing 50%. The country also ranked first in terms of production volume of cobalt ores. Its annual production volume of cobalt maintained between 70,000 tons and 90,000 tons for the previous three years, accounting for over 70% of the global volume. The ore grade of cobalt in Congo-Kinshasa is mainly evaluated between 0.3% and 0.5%, much better than that in other places of origin. Generally, 8%-10% of local ores are for open-pit mining. It is estimated that the added global production…

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Energy & Chemicals

Overview of China Plastic Component Manufacturing Market

Plastic is defined as a synthetic material made from a wide range of organic polymers that can be melted and moulded into a desired shape and set into a stable form with the use of plastic mould. In general, plastic can be categorized into thermoplastic and thermosetting plastic. The former one can be remelted into liquid while the latter one always remains a permanent solid state. Common characteristics of plastics include (i) chemical resistance, (ii) outstanding insulating properties, (iii) light, (iv) ease of processing and (v) wide range of application.…

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Energy & Chemicals

Overview of Oil Industry in China

Due to continuous modernization and urbanization over the past years, China experiences huge energy demand and is one of major oil and petroleum consuming economies in the world. The following figures set out China’s production, consumption and import profile over the 5-year period from 2011 to 2015. While China’s oil production grew at a CAGR of approximately 1.4%, it could not catch up the consumption growth at a CAGR of approximately 5.0% over the same period, resulting in the shortfall being fulfilled by import. In 2015, the oil import in…

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Energy & Chemicals

China’s Municipal Water Industry

Despite having a massive volume of water resources at around 2,831 billion tons, China is one of the world’s most water deficient countries. Its per capita freshwater resource of 2,059 tons is less than a third of global average. Exacerbating this water shortage is China’s growing demand for water driven by China’s rapid economic development as well as growing and increasingly urbanized population. Between 2010 and 2015, China’s population grew from 1,340.9 million to 1,374.6 million. Frost and Sullivan estimates that by 2020, China’s population will grow to 1,411.2 million.…

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Energy & Chemicals

Municipal Water Industry Outlook in China

China’s municipal water industry used to be highly fragmented. In recent years, a few integrated and large-scale water companies expanded their business into new regions through mergers and acquisitions. Companies with a good reputation, a brand name, advanced technologies, and good financial health are more likely to benefit from larger operation scales and higher efficiency and to speed up their pace of expansion through the acquisition of smaller operators, leading to a higher concentration rate in this industry. China’s current water tariff still remains at a relatively low level, and…

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Energy & Chemicals

China’s AMR Application Market

Smart Grids and AMR Systems The power distribution sector in China (except for middle and western Inner Mongolia) is controlled by State Grid and Southern Grid, the two state-owned enterprises established both in 2002 in connection with the reform of China’s power system to separate power generation from power transmission and distribution. State Grid is the largest power grid company in China which invests in, constructs and operates power grids in 26 provinces2, covering approximately 85% of electric power users in China as of December 31, 2016, while Southern Grid…

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Energy & Chemicals

China’s PLC Market

While PLC products were first developed and applied in Europe as early as the 1930s, the PLC technology was first applied commercially in the power distribution sector in China in the 2000s. Notably, State Grid launched its pilot PLC-based AMR projects in 2008, setting off a rapid development of China’s PLC industry. As of today, the PLC technology has been widely adopted as the dominant communications technology for the deployment of AMR systems, which are a key part of the smart grid infrastructure in China. AMR systems accounted for more…

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Energy & Chemicals Food & Beverage

Overview of China’s Urea Market

Urea has a wide range of applications. Its main use in agricultural applications is to act as an effective neutral nitrogen fertilizer. Industrial uses of urea are rapidly growing owing to its wide applications, as raw materials for the synthesis of polymers are necessary for producing formaldehyde resin, which is then used to manufacture plastics, coatings and adhesives. Urea can also be used in cosmetics as a moisturizer and it is a common ingredient in skin care and personal care products, such as face cream, shampoo, hair conditioner and hand…

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Energy & Chemicals

Analysis on Market Demand of Natural Gas in China, 2017

In China, natural gas consumption can be classified into four categories: industrial fuel accounts for 38.2%, urban gas consumption accounts for 32.5%, power generation accounts for 14.7%and that in the chemical industry accounts for 14.6%. Due to the increasing awareness of environmental protection, China is making efforts to promote the use of clean energy. In the 2017 report on the work of government, it is clearly proposed to improve the energy structure by increasing clean energy consumption by 1.7% and reducing coal consumption by 2%. In this sense, the consumption…

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