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Polyester Chain report 2013

PREFACE
This “Polyester Chain Report: 2013” contains 175 pages packed with up-to-date ‘not easy to find’ statistics and objective analysis of the trends and recent development of the polyester Industry. It covers the entire polyester value chain beginning from feedstock like ethylene and paraxylene further to intermediate – PTA & MEG, and down to polyester fibre and filaments. The Report presents tabulation and graphical presentation of trends in demand and supply of polyester chain region-wise and countrywise from 2007 to 2012. An important aspect of the report is the long term forecast on capacity, production, apparent consumption and the likely surplus/deficit from 2013 through 2018 for the entire chain including ethylene, paraxylene, mono ethylene glycol, purified terephthalic acid, polyester fibre and polyester filament.
  • Ethylene supply will remain in surplus until 2016 but will end with a deficit of about half a million ton by 2018
  • Paraxylene supply will be in surplus in 2018 as consumption will decline in 2013 and slow down in 2016
  • Purified terephthalic acid consumption will increase at the rate of 7 per cent per annum but supplies will remain in surplus until 2018 touching over 2 million ton.
  • MEG availability will be in deficit over the next six years reaching over 7 million ton as consumption is predicted to increase at the rate of 7.3 per cent per annum during the period.
  • Polyester filament production will remain in excess of demand over the next sic years which may lead to inventory pressure
  • Polyester fiber availability will also remain in surplus but the gap will be narrower than that in the filament market.


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