The cracked C9 market is in short supply and the industry’s development space continues to expand

Cracking C9, also known as nine-carbon aromatic hydrocarbons and nine-carbon aromatic hydrocarbons, refers to the polymerization mixture formed by catalytic reforming and cracking of petroleum, and the by-products containing nine-carbon aromatic hydrocarbon fractions are polymerized under the action of acidic catalysts. Cracked C9 has the characteristics of non-volatile, low toxicity, complex components, and high added value. It can be used to produce C9 petroleum resin, two-stage hydrogenation C9 components, refined dicyclopentadiene and other products.

According to the “2023-2028 China Cracking C9 Industry Market In-depth Research and Development Prospects Forecast Report released by the Industrial Research Center shows that cracking The main processing technologies of C9 include distillation and separation, direct hydrogenation and polymerization separation and hydrogenation. In recent years, with continuous technological breakthroughs and strong market demand, my country’s cracked C9 production has continued to grow. In 2022, my country’s cracked C9 production will reach 1.937 million tons, a year-on-year increase of 11.4%. However, at present, my country’s cracked C9 production is still unable to meet the production needs of downstream products. In addition, the rising prices of raw materials have led to an increase in its production costs, which has brought certain challenges to the development of my country’s cracked C9 industry.

C9 petroleum resin, two-stage hydrogenation C9 components, refined dicyclopentadiene, etc. are cracked C9 end products. The second-stage hydrogenation C9 component is the main raw material for gasoline. In recent years, as my country’s automobile purchase demand continues to grow, the production capacity of the second-stage hydrogenation C9 component has rapidly expanded, and the output has continued to grow. In 2022, my country’s second-stage hydrogenation C9 component output A year-on-year increase of 19.4%. The main manufacturers of C9 components for second-stage hydrogenation in my country include Daqing Yixin, CITIC Guoan, Huizhou Isco, Zhejiang Ganghe, etc. Driven by market demand, the development space of the cracked C9 industry continues to expand.

Cracked C9 contains components such as cumene, n-propylbenzene, trimethylbenzene, and ethyltoluene. Its main application areas include rubber, coatings, inks, pharmaceutical intermediates, gasoline, etc. In addition, cracked C9 can also be used to produce chemical products such as paraxylene and aromatic hydrocarbon solvents. It is expected that in the future, as local companies continue to improve their independent research and development capabilities, the application scope of cracked C9 will be further expanded.

The main players in my country’s cracked C9 market include Zhongyuan Petrochemical Co., Ltd., China-Korea (Wuhan) Petrochemical Co., Ltd., Guangdong Xinhua Yue Petrochemical Co., Ltd., Fujian Gulei Petrochemical Co., Ltd., Panjin Heyun Industrial Group Co., Ltd., etc. In recent years, Chinese companies have continued to increase the improvement of cracked C9 production equipment, further accelerating the development of the cracked C9 industry.

Industry analysts said that at present, my country’s cracked C9 market is in short supply. In the future, with the innovation of local enterprises’ production technology, my country’s cracked C9 market will C9 production is expected to further increase. The added value of cracked C9 products is high and can be used to produce C9 petroleum resin, two-stage hydrogenated C9 components and other products. Driven by market demand, the prosperity of my country’s cracked C9 industry will increase.