The scale of the spermine industry is on a downward trend, but there is still room for growth in the market in the future.
Spermine, also known as spermine, is a polyamine containing two amino groups and two imino groups. Spermine is widely distributed in animals, plants and microorganisms. Spermine has various metabolic functions and is an important substance that promotes cell proliferation. In vivo, spermine is generated from putrescine and S-adenosylmethionine through the catalysis of various enzymes.
Spermine is a typical anionic surfactant with emulsification, penetration and decontamination capabilities. It is suitable for manufacturing shampoo, toothpaste and other products. It is widely used in chemical industry, cosmetics, pesticides, fibers, mineral processing, electroplating and other fields. In addition, spermine also has With functions such as antioxidant, anti-inflammatory, and promotion of cell proliferation, its application in the pharmaceutical market has also received attention. The expansion of downstream application fields is conducive to the expansion of spermine market space.
According to the “2022-2027 China Spermine Industry Market In-depth Research and Development Prospects Forecast Report released by the Industrial Research Center, in recent years In recent years, the scale of my country’s spermine industry has fluctuated greatly. In 2018, the output of the spermine industry was about 63,000 tons, which dropped to about 45,000 tons in 2021. Due to the decline in industry output, the output value of the spermine industry is also on a downward trend. In 2021, the output value of my country’s spermine industry will be approximately 1.04 billion yuan, a year-on-year decrease of 3.2%.
At present, spermine is mainly used in the production of acephate, which is an organophosphorus restricted-use pesticide. my country is a major producer of acephate. Domestic acephate is mainly used for export, with exports accounting for about 60.0%. . In recent years, due to the restriction of domestic acephate application, the supply and demand of acephate have shown a downward trend. Against this background, the demand for spermine in this field has also declined, with the demand dropping to about 15,000 tons in 2021.
Affected by factors such as environmental protection policies and declining demand, the price increase of spermine products in my country is limited, and the market is showing a shrinking trend. The market size in 2021 will be around 1.0 billion yuan. In the future, relevant companies will still need to increase investment in product and technology research and development, expand new application scenarios for spermine, and open up new avenues for spermine market growth.
my country is a major producer of spermine, with many related domestic production companies. As market competition intensifies, supply-side structural reform deepens, and backward production capacity exits the market at an accelerated pace, the concentration of the spermine market has increased. At present, my country’s largest spermine production companies include Sanonda, Hubei Chishun Chemical, Hubei Sancaitang Chemical, Zhejiang Jiahua, Yuanjiang Chifeng, etc. Among them, Sanonda is the largest spermine production company in China.
Industry analysts said that in recent years, due to environmental protection policies, the demand for spermine has declined, and the industry scale and output value have shown a downward trend. Spermine has excellent decontamination and emulsifying properties and is widely used in pesticides, chemicals, fibers and other fields. Spermine has excellent properties. As research continues to deepen, the application fields of spermine are expected to be further expanded. There will still be certain growth momentum in the spermine market in the future. .