Diisobutylene is difficult to produce and the global market is highly concentrated

The scientific name of diisobutylene is 2,4,4-trimethylpentene. It looks like a pure, transparent, colorless liquid with an odor, and its skeleton is composed of 8 carbon atoms. Because it contains double bonds, diisobutylene is reactive and can undergo reactions such as addition, halogenation, alkylation, and carbonylation. Diisobutene is an intermediate for fine chemical products and is widely used in plastic additives, synthetic detergents, lubricants, rubber additives, surfactants and other fields. In the industrial field, diisobutene can also be used to produce octylphenol and isonon. alcohol, paraxylene and other products.

The large-scale production of diisobutylene is difficult. The core competitiveness is reflected in the selection of process routes. There are large differences in yield and purity between different technologies. The mainstream domestic process uses mixed C4 as raw material. However, due to the complex raw material components, this process is prone to produce by-products such as dimethylhexene and trimethylpentene, and the by-products are difficult to separate, resulting in low purity of diisobutylene. With technological advancement, my country’s diisobutylene production process has been gradually optimized, that is, using isobutylene as raw material and resin as catalyst, high-purity diisobutylene can be produced.

According to the “2022-2027 China Diisobutylene Industry Market In-depth Research and Development Prospects Forecast Report released by the Industrial Research Center, in 2017 -In 2021, the global diisobutylene market will be in a growth trend as a whole, with an average annual compound growth rate of more than 9.5%. In the past two years, due to the impact of the new coronavirus epidemic, the growth rate of the diisobutylene market has slowed down, and the market size will reach 47,000 in 2021 million US dollars. As the impact of the epidemic declines, the diisobutylene market size will further grow and is expected to reach US$600 million in 2027.

Globally, the diisobutylene market is mainly distributed in North America, Europe and the Asia-Pacific region. With the rise of emerging economies, the Asia-Pacific region will occupy a higher share of the global diisobutylene market. In the Asia-Pacific region, China, Japan, India, South Korea and other regions are important participants in the diisobutylene market. Japan is the world’s largest producer of diisobutylene, accounting for approximately one-third of global production capacity.

The diisobutylene industry has high barriers to technology, talent, and R&D, and the industry has high entry barriers. Therefore, the diisobutylene market is relatively concentrated. Globally, the main diisobutylene suppliers include Ineos, TPC Group, Maruzen Petroleum, and Idemitsu Kosan. and Wanhua Chemical, etc. The diisobutylene market has a history of development for many years, but the country still lacks a production standard system, which to a certain extent limits the standardized and healthy development of the diisobutylene market.

Industry analysts said that as an intermediate for fine chemicals, diisobutene is widely used in chemical industry, rubber additives, lubricants, and surface activity. Agents and other fields are widely used. With the recovery of the global economy, the diisobutylene market will further develop. Large-scale production of diisobutylene is difficult, and the global diisobutylene market is highly concentrated. Compared with international companies, Chinese companies have deficiencies in R&D investment, production levels, and standard setting.