Vegetable oil polyols have good development prospects and a broad market with great potential

Vegetable oil polyol is a type of polyol, which is synthesized by mixing renewable vegetable oils such as soybean oil, castor oil, sunflower seed oil, and linseed oil with different alcohol compounds. It is renewable, environmentally friendly, and low-cost. A perfect replacement for petroleum-based polyols. At this stage, vegetable oil polyols are mainly used in the production of insulation materials, waterproof coatings, plasticizers, adhesives and other products. The downstream industries include automobiles, daily necessities, furniture, food, medicine and other fields.

my country’s vegetable oil polyol industry is in its early stages of growth. From a technical point of view, although the research on China’s vegetable oil polyol industry has made great progress, the current technology of vegetable oil polyols in my country has many simple processes such as the modification of double bond functional groups and ester functional groups. Bottleneck problems have not yet been resolved, such as unstable product quality and a certain gap in product performance compared with foreign countries. Relevant companies and scientific research institutes still need to increase investment in research and development to solve technical problems existing in the industry. From the perspective of market development space, as the global energy crisis and environmental pollution problems become increasingly serious, green, renewable, and degradable materials have become the focus of attention. Plant-based or bio-based products are considered to be the best alternatives to petroleum-based products. Against this background, vegetable oil polyols, which are rich in resources, low in cost and less harmful to the environment, are increasingly used in the production of resins, coatings, etc., and their development prospects are broad.

At present, there are only a few companies in China’s vegetable oil polyol industry, including Guangzhou Haierma Vegetable Oil Co., Ltd., Zhangjiagang Feihang Technology Co., Ltd., and Skorui New Material Technology (Shandong) Co., Ltd., and the industry is highly concentrated. In terms of production, at this stage, Chinese vegetable oil polyol manufacturers generally adopt the production model of “determining production based on sales and ordering based on production”. The demand in the downstream market directly affects product output. In recent years, driven by demand from downstream polyurethane foam materials, coatings and other industries, the output of China’s vegetable oil polyol industry has continued to grow. According to the “China Vegetable Oil Polyol Industry Market In-depth Research and Development Prospects Forecast Report 2021-2026” released by the Industrial Research Center, In 2022, the output of China’s vegetable oil polyol industry will increase to 62,300 tons.

Industry analysts people said that vegetable oil polyols are crude oil and A substitute for petroleum-based polyols synthesized from natural gas raw materials, with a wide range of raw material sources. Edible oils such as peanut oil, rapeseed oil, soybean oil, castor oil, olive oil, and palm oil, as well as non-edible oils such as jatropha oil and pistacia chinensis oil, can be used as raw materials for vegetable oil polyols. my country is rich in oil resources, among which the output of soybean oil, corn oil, cottonseed oil and other oils ranks among the top in the world. Vigorously developing vegetable oil application research not only has great economic value, but is also of great significance for promoting green economic growth and building a resource-saving and environment-friendly society in my country. In the context of my country’s increasingly strict environmental protection policies, vegetable oil polyols, as polyester polyols based on renewable raw materials and degradable products, will have more companies in the vegetable oil polyol industry in the future. my country’s vegetable oil polyols The polyol market has broad development space.