The cyclopentyl methyl ether (CPME) industry has a short development time and the market development potential remains to be developed.

Cyclopentyl methyl ether (CPME) is a new type of environmentally friendly hydrophobic ether solvent. It has the characteristics of high hydrophobicity, wide liquid state range, and low latent heat of evaporation. It can be used to replace tetrahydrofuran, methyl tert-butyl ether, etc. as a reaction Solvent, used in Grignard reaction, coupling reaction, metal reduction reaction, Lewis acid reaction and other fields. In addition, cyclopentyl methyl ether (CPME) is also used in extraction, crystallization, metal surface treatment and other processes.

According to the “2022-2026 Cyclopentyl Methyl Ether (CPME) Industry In-depth Market Research and Investment Strategy Suggestions Report” released by the Industrial Research Center shows that in the world, the development time of cyclopentyl methyl ether (CPME) is still short. It was first launched by Japan’s Zeon Company and began commercial production in 2005. It has been widely recognized in Europe and the United States and other countries, and has been widely recognized in Europe and the United States. It has gradually become a substitute for tetrahydrofuran, diethyl ether, isopropyl ether, methyl tert-butyl ether, dioxane and other ether solvents and conventional solvents such as ethyl acetate and toluene.

In China, awareness of cyclopentyl methyl ether (CPME) is low, coupled with high product prices, the actual demand at this stage is relatively limited. In 2020, the domestic market demand for cyclopentyl methyl ether (CPME) will be less than 500 tons; in 2021 , although the domestic market demand for cyclopentyl methyl ether (CPME) continues to increase, it has not yet reached 550 tons. From this point of view, cyclopentyl methyl ether (CPME) is a niche industry and its market development potential remains to be developed.

From the perspective of competition in the cyclopentyl methyl ether (CPME) market, Japan’s Zeon Company is the world’s most important cyclopentyl methyl ether manufacturer. In addition to Japan’s Zeon, domestic Zhejiang Alpha Chemical Technology Co., Ltd., Cobonte Chemical ( Hangzhou) Co., Ltd. and others have also entered the cyclopentyl methyl ether (CPME) industry and competed with Japan’s Zeon. Generally speaking, at this stage, there are only a small number of companies in the global cyclopentyl methyl ether (CPME) industry, and the overall competition is very gentle.

Judging from the market prospects of cyclopentyl methyl ether (CPME), cyclopentyl methyl ether (CPME) belongs to a new generation of environmentally friendly, high-performance hydrophobic ether solvents. It is in line with the development trend of the chemical industry and is widely used in fine chemicals. As reaction solvents and extraction solvents, recrystallization solvents, polymerization solvents, resin surface coating solvents, etc., in the future, as the advantages of cyclopentyl methyl ether (CPME) become more prominent and its recognition in downstream industries increases, its market demand will gradually expand. , at the same time, driven by the localization strategy, there is a large space for import substitution of cyclopentyl methyl ether (CPME).

Industry analysts said that the cyclopentyl methyl ether (CPME) industry has development potential, but there are still problems in the industry such as high product prices, Due to problems such as low market awareness and insufficient competitiveness of domestic products, potential entrants still need to increase process technology innovation and strive to reduce production costs to accelerate domestic substitution. At the same time, they need to increase market promotion to promote cyclopentyl methyl ether. (CPME) demand potential is released.