my country’s fatty amine production capacity is gradually increasing, and Xinhua Co., Ltd.’s operating income has increased

Fatty amine, also known as fatty alkylamine, is an organic amine compound with a carbon chain length in the range of C8-C22. It mostly appears as a white crystalline solid or colorless transparent liquid at normal temperatures and pressures. Currently, there are many types of fatty amines. According to the number of hydrogen atoms substituted by alkyl groups, fatty amines can be divided into tertiary amines, primary amines, polyamines, secondary amines, etc.; according to different carbon chain lengths, fatty amines can be divided into higher fatty amines (C8-C22), low Carbon fatty amines (C2-C8), etc. Among them, high-grade fatty amines mainly refer to polyether amines, etc., and low-carbon fatty amines mainly refer to triethylamine, monoethylamine, isopropylamine, etc.

At present, my country’s fatty amine industry chain has been basically completed. The upstream of the industrial chain is mainly the raw material industry, providing acetone, ethanol, catalysts and other raw materials; the midstream is mainly the fatty amine production industry, responsible for the production and synthesis of different types of fatty amines; the downstream is mainly the application field, and fatty amines are mostly used in the production of organic intermediates , rubber additives, polymerization inhibitors, antioxidants, bactericides, surfactants and other products are widely used in medicine, chemical industry, pesticides, dyes, cosmetics, printing and other fields.

From the perspective of application fields, pesticides have become the largest application field of fatty amines, accounting for 42.28%; followed by the pharmaceutical field, accounting for 17.54%; the chemical industry ranks third, accounting for 15.37%.

In the field of pesticides, fatty amines can be used directly as pesticide auxiliaries, which can improve the permeability and adsorption of pesticides, thereby enhancing the effect of pesticides. In the field of daily chemicals, fatty amines can increase foam stability and improve washing effects, and are mostly used in the production of shampoos, detergents, conditioners and other products. In addition, fatty amines can also be used directly as emulsifiers, which can disperse water and oil into emulsified liquids to form emulsions, which are widely used in the fields of cosmetics and food processing. Overall, the market demand for fatty amines is relatively large.

According to the “In-depth Research Report on the Global and China Fatty Amine Industry in 2023” released by the Industrial Research Center, driven by downstream market demand , my country’s fatty amine enterprises have gradually expanded their production scale and increased their production capacity. In 2022, my country’s fatty amine production capacity will exceed 450,000 tons. Due to the large gap between the market demand and production of fatty amines in my country, a large amount of imports from abroad are still needed to fill this gap. However, as China’s production capacity gradually increases, the import volume of fatty amines has declined.

Industry analysts said that at present, my country’s larger fatty amine companies mainly include Jianye Co., Ltd., Detian Chemical, and Xinhua Shares, Kunda Biotech, Akoli, etc. Among them, Xinhua Co., Ltd. has a large market share and has become the leading enterprise in my country’s fatty amine industry. With the rapid development of my country’s fatty amine market, Xinhua Co., Ltd.’s operating income has gradually increased. According to data in the company’s annual report, in 2022, Xinhua Co., Ltd.’s operating income will be 2.683 billion yuan, a year-on-year increase of 5.03%.