Asia: Inorganic Composite Solvents Market 2020

Inorganic Composite Solvents Market Size in Asia

The revenue of the inorganic composite solvents market in Asia amounted to $X in 2017, picking up by X% against the previous year. The market value increased an average annual rate of +X% over the period from 2007 to 2017; the trend pattern indicated some noticeable fluctuations in certain years. The most prominent rate of growth was recorded in 2012, with an increase of X% against the previous year. In that year, the inorganic composite solvents market attained their peak level of $X. From 2013 to 2017, growth of the inorganic composite solvents market failed to regain its momentum.

Inorganic Composite Solvents Production in Asia

The inorganic composite solvents production stood at X tons in 2017, rising by X% against the previous year. The total output indicated a prominent growth from 2007 to 2017: its volume increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the inorganic composite solvents production increased by +X% against 2015 indices. The most prominent rate of growth was recorded in 2009, with an increase of X% y-o-y. The volume of inorganic composite solvents production peaked in 2017, and is likely to see steady growth in the immediate term.

Inorganic Composite Solvents Exports in Asia

The exports totaled X tons in 2017, falling by -X% against the previous year. The total exports indicated a slight expansion from 2007 to 2017: its volume increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the inorganic composite solvents exports decreased by -X% against 2014 indices. The growth pace was the most rapid in 2013, when it surged by X% year-to-year. The volume of exports peaked of X tons in 2014; however, from 2015 to 2017, it failed to regain its momentum.

In value terms, inorganic composite solvents exports totaled $X in 2017. The total exports indicated a slight growth from 2007 to 2017: its value increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the inorganic composite solvents exports decreased by -X% against 2014 indices. The level of exports peaked of $X in 2014; however, from 2015 to 2017, it stood at a somewhat lower level.

Inorganic Composite Solvents Exports by Country in Asia

China dominates inorganic composite solvents exports structure, finishing at X tons, which was approx. X% of total exports in 2017. Malaysia (X tons) held a X% share (based on tons) of total exports, which put it in second place, followed by South Korea (X%) and Japan (X%). The following exporters - India (X tons), Turkey (X tons), Singapore (X tons), Taiwan, Chinese (X tons), Thailand (X tons) and the United Arab Emirates (X tons) together made up X% of total exports.

From 2007 to 2017, average annual rates of growth with regard to inorganic composite solvents exports from China stood at +X%. At the same time, India (+X%), Turkey (+X%), the United Arab Emirates (+X%), Singapore (+X%), Thailand (+X%), South Korea (+X%) and Taiwan, Chinese (+X%) displayed positive paces of growth. Moreover, India emerged as the fastest growing exporter in Asia, with a CAGR of +X% from 2007-2017. Malaysia and Japan experienced a relatively flat trend pattern. From 2007 to 2017, the share of South Korea, the United Arab Emirates, Turkey, India and China decreased by -X%, -X%, -X%, -X% and -X% percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Japan ($X), China ($X) and South Korea ($X) constituted the countries with the highest levels of exports in 2017, with a combined X% share of total exports. Taiwan, Chinese, Singapore, Malaysia, Thailand, India, Turkey and the United Arab Emirates lagged somewhat behind, together comprising a further X%.

In terms of the main exporting countries , India (+X% per year) recorded the highest growth rate of exports, over the last decade, while the other leaders experienced more modest paces of growth.

Inorganic Composite Solvents Export Prices by Country in Asia

In 2017, the inorganic composite solvents export price in Asia amounted to $X per ton, falling by -X% against the previous year. The inorganic composite solvents export price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2012, an increase of X% y-o-y. In that year, the export prices for inorganic composite solvents and thinners for varnishes reached their peak level of $X per ton. From 2013 to 2017, growth of the export prices for inorganic composite solvents and thinners for varnishes failed to regain its momentum.

There were significant differences in the average export prices amongst the major exporting countries. In 2017, the country with the highest export price was Japan ($X per kg), while the United Arab Emirates ($X per ton) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by China (+X% per year), while the other leaders experienced more modest paces of growth.

Inorganic Composite Solvents Imports in Asia

In 2017, inorganic composite solvents imports in Asia totaled X tons, approximately reflecting the previous year. The total import volume increased an average annual rate of +X% from 2007 to 2017; however, the trend pattern indicated some noticeable fluctuations in certain years. The most prominent rate of growth was recorded in 2011, when imports increased by X% y-o-y. Over the period under review, the inorganic composite solvents imports reached its peak figure volume of X tons in 2016, leveling off in the following year.

In value terms, inorganic composite solvents imports amounted to $X in 2017. The total imports indicated a measured expansion from 2007 to 2017: its value increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Over the period under review, the inorganic composite solvents imports attained its maximum level of $X in 2011; however, from 2012 to 2017, it stood at a somewhat lower level.

Inorganic Composite Solvents Imports by Country in Asia

In 2017, China (X tons), distantly followed by South Korea (X tons), Japan (X tons), India (X tons), Taiwan, Chinese (X tons) and Turkey (X tons) represented the largest importers of inorganic composite solvents and thinners for varnishes, together comprising X% of total imports. Singapore (X tons), the United Arab Emirates (X tons), Thailand (X tons), Saudi Arabia (X tons), Malaysia (X tons) and Vietnam (X tons) followed a long way behind the leaders.

From 2007 to 2017, average annual rates of growth with regard to inorganic composite solvents imports into China stood at +X%. At the same time, India (+X%), Vietnam (+X%), Saudi Arabia (+X%), Singapore (+X%), Turkey (+X%), Japan (+X%) and Malaysia (+X%) displayed positive paces of growth. Moreover, India emerged as the fastest growing importer in Asia, with a CAGR of +X% from 2007-2017. The United Arab Emirates, Taiwan, Chinese and South Korea experienced a relatively flat trend pattern. By contrast, Thailand (-X%) illustrated a downward trend over the same period. While the share of Turkey (-X%), Vietnam (-X%), Japan (-X%), India (-X%) and China (-X%) decreased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) constitutes the largest market for imported inorganic composite solvents and thinners for varnishes in Asia, making up X% of global imports. The second position in the ranking was occupied by South Korea ($X), with a X% share of global imports. It was followed by Taiwan, Chinese, with a X% share.

In China, inorganic composite solvents imports expanded at an average annual rate of +X% over the period from 2007-2017. In the other countries, the average annual rates were as follows: South Korea (-X% per year) and Taiwan, Chinese (-X% per year).

Inorganic Composite Solvents Import Prices by Country in Asia

In 2017, the inorganic composite solvents import price in Asia amounted to $X per ton, coming up by X% against the previous year. The inorganic composite solvents import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2010, when the import prices increased by X% year-to-year. Over the period under review, the import prices for inorganic composite solvents and thinners for varnishes reached its maximum level of $X per ton in 2013; however, from 2014 to 2017, it stood at a somewhat lower level.

There were significant differences in the average import prices amongst the major importing countries. In 2017, the country with the highest import price was Taiwan, Chinese ($X per ton), while the United Arab Emirates ($X per ton) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by China (+X% per year), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform