Nonene is greatly affected by environmental protection policies and has great potential for future development.

Nonene is an important olefin fine chemical product, mainly used to synthesize nonylphenol, nonylbenzene, isodecyl alcohol, etc. It is also an important raw material for the production of lubricating oil additives, nonionic surfactants, and synthetic detergents. At present, the industry mainly uses phosphoric acid soaked carriers to prepare solid phosphoric acid catalysts to catalyze the oligomerization of propylene to produce nonene. Nonene appears as a white to light yellow liquid, insoluble in water, and easily soluble in ethanol, ether, etc.

In terms of domestic market competition, foreign-funded companies include Exxon Mobil and Braskem, and local companies include Jiangsu Jiafeng Chemical Co., Ltd., Hebei Xinxinyuan Energy Co., Ltd., and Daqing Zhonglan Petrochemical Co., Ltd. company. Among them, Hebei Xinxinyuan Energy Co., Ltd. was put into operation in 2019, Jiangsu Jiafeng Chemical Co., Ltd. will cease production in 2022 due to environmental reasons, and Zhonglan Petrochemical will resume production at the end of 2022 and plans to expand its production capacity by 50,000 tons.

Nonene belongs to the fine chemical industry. During the production process, certain waste water, exhaust gas and other pollutants will be produced. It is a key monitoring target of the government environmental protection department. In recent years, with the increasing intensity of environmental protection and the increasing awareness of environmental protection among residents, the environmental issues of the fine chemical industry including nonene have received increasing attention. The relevant regulatory authorities have also conducted environmental assessment results on the new nonene project. More emphasis has been placed on enterprises with backward environmental protection technology and equipment in the nonene industry, which has severely restricted their production capacity expansion and product production. For example, in 2022, Jiangsu Jiafeng Chemical Co., Ltd. suspended production due to environmental protection issues, resulting in a sharp decline in output in the industry.

In terms of market application, nonene is an important organic synthetic raw material. It is mainly used to prepare nonylphenol, nonylbenzene, etc., and can also be used to prepare lubricating oil additives. Among them, nonylphenol is its main application field. In 2022, nonene demand in the nonylphenol field will account for more than 70%. If the prosperity of the nonylphenol industry declines in the future and the output of the nonylphenol industry decreases, it will greatly affect the demand of the nonene industry, which will in turn affect the income of nonene industry companies. According to the newly released “2023-2027 Nonene Industry In-depth Market Research and Investment Strategy Suggestions Report“, in 2022, China Nonene production reached 48,600 tons.

Although nonene has broad downstream applications and huge market potential, due to its short development time and weak technology accumulation, local companies are still relatively lagging behind foreign-funded companies such as Exxon Mobil and Braskem. In foreign markets, nonene is mainly used to produce isodecyl alcohol, neodecanoic acid and other products, while in the domestic market it is mainly used to produce nonylphenol. Analysts believe that in the future, as domestic nonene product technology continues to improve and downstream applications continue to mature, nonylphenol will Other application areas may develop rapidly and have certain investment opportunities.