Downstream market demand continues to increase, and chloroacetic acid production gradually increases

Chloroacetic acid, also known as chloroacetic acid, monochloroacetic acid, monochloroacetic acid, etc., is a colorless highly water-absorbent crystal with a pungent odor. It is easily soluble in ethanol, benzene, water, ether, carbon disulfide and other reagents. It has extremely Strong toxicity and corrosiveness. After years of development, chloroacetic acid production processes have gradually been enriched, which can be roughly divided into chloroacetyl chloride hydrolysis method, trichlorethylene hydrolysis method, sulfur batch method, acetic anhydride batch method, acetic anhydride continuous method, etc. Among them, the acetic anhydride continuous method has high production efficiency and low environmental pollution, and has gradually become a mainstream product in the industry.

At present, my country’s chloroacetic acid industry chain is basically mature. The upstream of the industrial chain is mainly the raw material industry, providing acetic acid, sulfur, chlorine, acetic anhydride and other raw material industries; the midstream is mainly the production industry of chloroacetic acid, responsible for the production and manufacturing of chloroacetic acid; the downstream is mainly oriented to application fields, mostly used in organic synthesis , synthetic resins, medicines, pesticides, dyes, food additives, papermaking, surfactants and other fields. From the perspective of downstream markets, organic synthesis has become the largest application field of chloroacetic acid, with a market share of 51.3%; followed by pesticides, with a market share of 32.8%; and medicine, with a market share of 5.7%.

According to the “China Chloroacetic Acid Industry Market Supply and Demand Status and Development Trend Forecast Report 2023-2027” released by the Industrial Research Center, pesticides As a chemical that prevents and treats weeds, pathogens, pests and other hazards to crops, it plays a very obvious role in increasing crop yields and regulating plant growth, and is widely used in the agricultural field. With the gradual progress of science and technology in our country, the types of pesticides are gradually enriched, and the market demand is gradually growing. Against this background, the scale of my country’s pesticide market has shown a trend of increasing year by year. From 2010 to 2022, my country’s pesticide market size increased from 18.12 billion yuan to 29.58 billion yuan, with an average annual compound growth rate of 4.17%. As an important raw material for the production of pesticides, the market demand for chloroacetic acid is gradually growing. In addition, my country’s pharmaceutical, papermaking, fuel and other markets are developing rapidly, and the demand for chloroacetic acid has further increased. Against this background, my country’s chloroacetic acid production has shown a steady growth trend. In 2022, my country’s chloroacetic acid production will be 752,000 tons, a year-on-year increase of 2.7%.

Industry analysts said that my country has a large number of chloroacetic acid companies, low industry concentration, and fierce market competition. The largest chloroacetic acid companies in my country mainly include Huatai Paper, Donghua Chemical, Banglong Chemical, Dongda Chemical, Hengbang Chemical, Yushe Chemical, Hetai Chemical, Chuanggao Chemical, etc. Among them, Donghua Chemical has the largest market share, accounting for 8.3%; followed by Dongda Chemical, accounting for 5.6%. With the rapid development of my country’s chloroacetic acid industry, the production capacity structure is gradually adjusted, backward production capacity is gradually eliminated, and its industry concentration will gradually increase in the future.