Surfactants (New opportunities, new challenges - analyzing market orientation and expanding market size)
According to the latest report released by IHS Chemicals early last year, the global surfactant market will continue to recover from the recession, with emerging economies leading the growth, while surfactant formulations in mature markets are changing to meet consumer preferences. Overall, global surfactant demand will grow at an average annual rate of 2.6% during 2012-2017, which is higher than the average annual growth rate of 2.3% during 2000-2012. On October 17, China Chemical News reporter was informed in an interview with Donghao Branch of Daqing Oilfield Chemical Co., LTD., that the alkylbenzene sulfonate surfactant development and industrial production project undertaken by the company had just won the 2013 special prize of technological innovation in Daqing Oilfield. In the past, this surfactant could only be imported from the United States at the price of 20,000 yuan per ton, and the large-scale production of "national" brand products has saved half the cost of ternary compound flooding technology.
In this context, our company decided to attack new opportunities. In recent years, with the continuous expansion of the personal cleaning and household detergent market, promoting the continuous development of the global surfactant market, according to the latest report of Transparency market consulting company, the total value of the global specialty surfactant market will reach $29.2 billion in 2017.
Bayan intends to put into production the research and development and production of PEG, PPG, Peregal and NP series products, and has completed the preliminary trial production, and the production volume will be adjusted according to the market purchase share in the later stage.