echemi logo
Product
  • Product
  • Supplier
  • Inquiry
    Home > Chemicals Industry > China Chemical > China's natural gas chemical industry will consume 38.2 billion cubic meters in 2026

    China's natural gas chemical industry will consume 38.2 billion cubic meters in 2026

    • Last Update: 2021-12-15
    • Source: Internet
    • Author: User
    Search more information of high quality chemicals, good prices and reliable suppliers, visit www.echemi.com
    【Market analysis of chemical machinery equipment network ] Natural gas chemical industry is one of the branches of the chemical industry.
    An industry that uses natural gas as a raw material to produce chemical products.
    Natural gas can be made into synthetic ammonia, methanol and its processed products (formaldehyde, acetic acid, etc.
    ), ethylene, acetylene, dichloromethane, tetrachloride through purification, separation and cracking, steam conversion, oxidation, chlorination, sulfidation, nitrification, dehydrogenation and other reactions.
    Carbon, carbon disulfide, nitromethane, etc.

     
    Market analysis of chemical machinery equipment networkChemical machinery and equipment
    Development status of China's natural gas chemical industry
     
    Development status of China's natural gas chemical industry
    ——The supply and demand of natural gas show an upward trend year by year
     
    ——The supply and demand of natural gas show an upward trend year by year
    Natural gas is stored in underground porous rock formations, including oil field gas, gas field gas, coal bed methane, mud volcanic gas and biogenic gas, etc.
    , and a small amount is also derived from coal seams.
    It is a high-quality fuel and chemical raw material.
    The current overall economic situation in my country is good, and the momentum of sustained and rapid economic development continues, but the energy supply to ensure economic development is still facing a severe situation.

     

    my country's energy structure* is dominated by cheap coal resources, and the proportion of oil and gas is far below the world average.
    However, natural gas, as a clean and green energy source, is a hot spot in the world's energy distribution, and it is imperative to increase its proportion in my country's energy structure.

     

    This is of great significance for meeting the country's overall energy demand, optimizing the energy structure, protecting the ecological environment, and achieving comprehensive and sustainable economic and social development.
    In the future, my country's natural gas demand will increase significantly, and the growth rate will obviously exceed that of coal and oil.

     

    According to national* data, from 2012 to 2019, China's natural gas consumption has also increased year by year, and the growth rate has increased rapidly in the past two years.
    In 2019, China's natural gas consumption was 304.
    79 billion cubic meters, an increase of 8.
    7% from the same period last year, and the growth rate dropped by 7.
    9 percentage points from the same period last year.
    In addition, according to the "China Natural Gas Development Report (2020)" released by the state*, the national natural gas consumption in 2020 is estimated to be about 320 billion cubic meters, an increase of about 13 billion cubic meters from 2019.
    From 2012 to 2019, China's natural gas production increased year by year, and the growth rate fluctuated.
    According to national* data, in 2019, China's natural gas production was 173.
    62 billion cubic meters, an increase of 5.
    8% over the same period of the previous year, and the growth rate began to decline after three years of rising.
    In the first half of 2020, China's natural gas exploration efforts remained basically unchanged while production continued to grow strongly.
    Natural gas production was 94.
    83 billion cubic meters, an increase of 7.
    91% year-on-year.
      ——Chemical natural gas consumption shows a fluctuating trend
     
    ——Chemical natural gas consumption shows a fluctuating trend
      From 2010 to 2018, the total natural gas consumption of my country's chemical raw materials and chemical products manufacturing industry fluctuated.
    In 2010, my country's natural gas chemical consumption was 18.
    728 billion cubic meters, which rose to 32.
    028 billion cubic meters in 2014.
    Affected by the sharp drop in coal prices, the growth of natural gas chemical consumption has been sluggish in recent years.
    In 2018, the total natural gas consumption of my country's chemical raw materials and chemical products manufacturing industry was 32.
    5 billion cubic meters.
      ——Natural gas chemical companies have shown an explosive trend in recent years
     
    ——Natural gas chemical companies have shown an explosive trend in recent years
      Since 2020, the outbreak of the new crown epidemic has had a major impact on China's economic, social and energy development.
    The growth rate of natural gas demand has slowed down significantly.
    Looking at the first half of 2020, energy supply has withstood the test of the epidemic.
    In the first half of 2020, natural gas consumption will still maintain a positive growth, with consumption of 148.
    7 billion cubic meters, a year-on-year increase of about 1.
    2%, but the trend of difference in consumption structure is obvious.
    Industrial gas consumption has gradually recovered from negative growth to the same period in 2019.
    Urban gas consumption has maintained steady growth.
    Gas for power generation and chemical industry have been relatively significantly affected by the epidemic, and declined in the first half of the year.
    From the second half of 2020, facing the impact of the new crown epidemic, the development of China's natural gas industry is facing challenges, but the basic conditions and supporting factors that promote the coordinated and stable development of the natural gas industry have not changed, and the overall tone of the natural gas industry's sustained and steady development remains unchanged.

     

      From the perspective of the number of newly established companies, the number of newly established companies in China's natural gas chemical industry from 2000 to 2020 has shown an upward trend year by year.
    Since 2013, China's natural gas chemical industry has seen explosive growth of newly established companies; it reached a peak of 85,300 in 2019.
    In 2020, there will be 63,000 newly established companies in China Natural Gas Chemical Industry.
      ——Enterprises gather in Shandong, Jiangsu and Guangdong provinces
     
    ——Enterprises gather in Shandong, Jiangsu and Guangdong provinces
      my country's natural gas chemical industry started relatively late, starting in the 1960s, with major factories located in oil and gas resource producing areas such as the southwest and northeast.
    According to data from Qichamao, the *echelon is the number of active or surviving natural gas chemical companies with more than 60,000 companies.
    Shandong (80492), Jiangsu (75189) and Guangdong (69649) have entered in three provinces.
    The * echelon accounted for 9.
    68% of the 31 provinces and municipalities; followed by the second echelon represented by 8 provinces, autonomous regions and municipalities including Zhejiang, Henan, and Hebei, accounting for 25.
    81%; followed by Anhui, Fujian, Shanxi, etc.
    20 Three provinces, autonomous regions and municipalities constitute the third echelon, accounting for 64.
    52%.
      Prospects of China's natural gas chemical industry
     
    Prospects of China's natural gas chemical industry
      As an economical and environmentally friendly green energy and chemical raw material, natural gas has attracted widespread attention and promoted its use.
    In recent years, natural gas supply has become an increasingly important part of my country's energy security.
    However, the development of my country's natural gas chemical industry still lacks a reasonable plan, and there is huge room for further improvement.
    The country should take more active measures to promote its sustainable development.
    The whole industry should increase its efforts to broaden the acquisition of natural gas resources, optimize the industrial layout, strengthen exchanges and cooperation, continue to develop *technology, and do a good job in the fine and deep processing of natural gas chemical products.
    From the perspective of national strategy, the realization of the comprehensive, efficient and sustainable development of my country’s natural gas chemical industry can truly optimize my country’s energy structure, ensure energy security, truly balance the relationship between industrial production and environmental protection, and maintain the continuous development of the national economy.
    Good momentum before.
    According to the further deep processing and application of natural gas chemical products, forward-looking use of linear regression method predicts that China's chemical raw material and chemical product manufacturing natural gas consumption will reach about 38.
    2 billion cubic meters in 2026.
      For more data, please refer to Qianzhan Industry Research Institute "China Energy and Chemical Industry Development Prospect Forecast and Investment Strategic Planning Analysis Report".
    At the same time, Qianzhan Industry Research Institute also provides industrial big data, industrial planning, industrial declaration, industrial park planning, industrial investment promotion, etc.
    solution.

     

      Original title: The market status and development prospects of China's natural gas chemical industry in 2020 are predicted to consume 38.
    2 billion cubic meters in 2026
    This article is an English version of an article which is originally in the Chinese language on echemi.com and is provided for information purposes only. This website makes no representation or warranty of any kind, either expressed or implied, as to the accuracy, completeness ownership or reliability of the article or any translations thereof. If you have any concerns or complaints relating to the article, please send an email, providing a detailed description of the concern or complaint, to service@echemi.com. A staff member will contact you within 5 working days. Once verified, infringing content will be removed immediately.

    Contact Us

    The source of this page with content of products and services is from Internet, which doesn't represent ECHEMI's opinion. If you have any queries, please write to service@echemi.com. It will be replied within 5 days.

    Moreover, if you find any instances of plagiarism from the page, please send email to service@echemi.com with relevant evidence.