Toluene diisocyanate manufacturer News Market demand continues to be released and domestic octanol supply is relatively short

Market demand continues to be released and domestic octanol supply is relatively short

Market demand continues to release and domestic octanol supply is relatively short

Octanol, also known as n-octanol, is an organic compound that appears as a colorless and transparent oily liquid. Octanol has a strong greasy smell and citrus smell. It is not miscible with water, but is miscible with ethanol, ether, chloroform, etc. As a chemical raw material, octanol can be used to prepare products such as dioctyl phthalate (DOP), dioctyl terephthalate (DOTP), dioctyl azelate, and dioctyl sebacate. It can be used as antifreeze, dispersant, stabilizer and lubricant, and is used in food, cosmetics, plastics, coatings, textiles and other fields.

According to the “2022-2026 n-octanol market research and investment vision planning research report released by the Industrial Research Center, octanol It has a wide range of applications and huge market demand. From 2017 to 2021, along with my country’s economic growth, the apparent consumption of octanol continued to rise, reaching 2.643 million tons in 2021. From the production side, the output of my country’s octanol industry is in a stable growth trend. In 2021, the production capacity of the octanol industry will be around 2.5 million tons, and the industry output will exceed 2.3 million tons.

Overall, the output of my country’s octanol industry cannot meet domestic market demand, and some octanol still relies on imports. From 2018 to 2020, my country’s octanol imports were in a downward trend, but the import volume has increased in 2021, at about 9,000 tons. Imported octanol mainly comes from Asia, of which the total import volume from India, Malaysia, and South Korea is The proportion reached more than 98.0%.

In the global market, foreign companies still occupy the major share of the global octanol market by virtue of their advantages in technology, quality, scale, brand, etc., such as Dow Chemical of the United States, Eastman, BASF of Germany, Mitsubishi Chemical, DuPont of the United States, Exxon Mobil, etc. enterprise. In the domestic market, octanol production companies include PetroChina, Wynn Chemical, Daqing Petrochemical, Qilu Petrochemical, Shandong Jianlan Chemical and other companies. Local companies occupy a certain proportion of the domestic octanol market, but in the international market, the competitiveness of Chinese companies Far less than large foreign companies.

According to different sources, octanol can be divided into two types: natural octanol and synthetic octanol. Among them, synthetic octanol is the mainstream product in the market. The preparation processes for synthesizing octanol mainly include oxo synthesis, Ziegler method, acetaldehyde condensation method, etc. Among them, oxo synthesis is the mainstream preparation process for octanol. From the perspective of downstream applications, octanol is mainly used to produce plasticizers such as dioctyl phthalate and dioctyl terephthalate, with the combined consumption share of these two areas reaching 80%.

Industry analysts said that octanol has a wide range of applications. In recent years, with the release of downstream market demand, the scale of the octanol industry has continued to expand. , Octanol production and sales continued to grow. The market demand for octanol is growing rapidly. At present, there is still a contradiction between supply and demand in my country’s octanol market. However, as relevant domestic projects under construction and proposed are put into production, the supply shortage of octanol will gradually be improved. At the same time, the import volume of octanol will also fall.

This article is from the Internet, does not represent the position of Toluene diisocyanate reproduced please specify the source.https://www.allhdi.com/archives/32368

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