The production capacity of sebacic acid is highly concentrated and the proportion of environmentally friendly sebacic acid will increase.
Sebacic acid, also known as sebacic acid, is a dibasic fatty acid with castor oil as the main raw material. Its appearance is colorless monoclinic prisms, flakes or leaf-shaped crystals. The industrial product is white powder or granules with a slight light yellow color. my country’s sebacic acid market has been developing for a long time. With the continuous improvement of production technology and refining technology, domestic sebacic acid has achieved great improvements in terms of purity, quality, performance, etc., and the proportion of high-end and environmentally friendly sebacic acid has continued to increase.
As a chemical raw material, sebacic acid can be used to make grease, nylon, plasticizers, surfactants, etc., and is widely used in packaging, electronics, medical, construction, chemical industry, automobiles, food and other fields. In the global market, sebacic acid is mainly used to synthesize polyamide with hexamethylenediamine or pentanediamine, accounting for nearly 70% of the demand, followed by the production of hot melt adhesive products.
According to the “2022-2026 Sebacic Acid Industry In-depth Market Research and Investment Strategy Suggestions Report released by the Industrial Research Center, in recent years In recent years, the global sebacic acid industry production capacity has been growing, but the growth rate has slowed down. In 2021, the global sebacic acid industry production capacity will be approximately 200,000 tons, and is expected to grow to more than 268,000 tons in 2026. As environmental protection supervision becomes increasingly strict, global sebacic acid production capacity has gradually shifted domestically. In 2021, my country’s sebacic acid production capacity will reach about 165,000 tons, accounting for approximately 82.5% of global production capacity.
There are many sebacic acid manufacturers. In the global market, the main sebacic acid manufacturers include Hengshui Jinghua Chemical, Hebei Kaide Biomaterials, Shanxi Zhengang Chemical, Shandong Tianxing Bio, Shanxi Siqiang Chemical, Jiangsu Zhongzheng Chemical, Sebric Oman et al. From this point of view, Chinese companies occupy a dominant position in the global sebacic acid market.
Sebacic acid is mainly produced by cracking castor oil, but this process involves a greater risk of environmental pollution. Therefore, sebacic acid production companies are under great environmental pressure. Compared with the castor oil cracking method, the biological method has greater advantages in terms of cost and environmental protection. As environmental protection requirements become increasingly stringent, the market share of biological methods for sebacic acid will gradually increase.
my country is a major producer of sebacic acid. While its production capacity meets domestic market demand, it is also exported to overseas markets. In 2021, my country’s sebacic acid export volume will be approximately 67,000 tons, with an export value of nearly 300 million yuan. Domestic sebacic acid is mainly exported to the Netherlands, Germany, the United States, Japan and other regions, while imported sebacic acid mainly comes from Japan, France, Germany and other regions.
Industry analysts said that due to increasingly stringent environmental protection regulations, global sebacic acid production capacity has gradually transferred from Europe and the United States to China, and my country has become a global The largest producer of sebacic acid. Sebacic acid has broad application scenarios, and market demand maintains a growth trend. At the same time, as environmental protection requirements increase, the market for bio-legal sebacic acid has increased attention. With the active layout of relevant companies, the proportion of environmentally friendly sebacic acid will increase.