Toluene diisocyanate manufacturer News Growing demand for tert-butyl hydroperoxide drives global production capacity expansion

Growing demand for tert-butyl hydroperoxide drives global production capacity expansion

Growing demand for tert-butyl hydroperoxide drives global production capacity expansion

Tert-butyl hydroperoxide is the most commonly used alkyl hydrogen organic peroxide. It can be used as a polymerization initiator, desiccant, catalyst, and intermediate in many fields such as chemical industry, materials, energy, and plastics. In recent years, the continuous development of related downstream industries has driven the growth in demand for tert-butyl hydroperoxide and the expansion of the market size, stimulating the continuous development of the domestic tert-butyl hydroperoxide industry, and a number of outstanding production companies have emerged, such as Jiangsu Qiangsheng Functional Chemical Co., Ltd., Jiangsu Peixing Chemical Co., Ltd., Lanzhou Auxiliary Factory Co., Ltd., etc.

In recent years, attracted by the good market and industrial environment, leading international peroxide companies such as Arkema and Akzo have increased investment in China to establish and expand tert-butyl hydroperoxide production lines in China. On the one hand, this has promoted the shift of the focus of global tert-butyl peroxide production capacity to China; on the other hand, the large-scale, high-quality, and high-standard production lines of major international manufacturers have generally had a small scale, low quality, and high-standard production lines in China. Tert-butyl hydroperoxide companies under heavy environmental pressure have created strong competition.

According to the “In-depth Market Research and Development Prospects Forecast Report of China’s Tert-Butyl Hydroperoxide Industry from 2023 to 2028” released by the Industrial Research Center Shows that tert-butyl hydroperoxide continues to play an important role in the field of synthesis, and with the deepening of relevant research, global demand for tert-butyl hydroperoxide continues to grow, stimulating an increase in tert-butyl hydroperoxide production capacity. Among them, in 2022, the global tert-butyl hydrogen peroxide production capacity will be close to 200,000 tons, and the output will increase slightly compared with the previous year due to the impact of the epidemic.

Industrial researchers believe that for tert-butyl hydroperoxide products, relevant investors should diversify and expand the industrial chain to promote the development of enterprises. Rational expansion. From a horizontal perspective, the company only focuses on the production of one tert-butyl hydroperoxide product, which is not conducive to responding to customers’ diversified market demands and avoiding risks. Tert-butyl hydroperoxide companies should develop and customize diversified product categories based on the principle of profit maximization to meet different customer needs. At the same time, because domestic enterprises mainly produce tert-butanol hydrogen peroxide method and have insufficient development in environmentally friendly and mild production processes, relevant enterprises should increase their efforts in technology research and development, vigorously develop green production processes, and improve corporate profitability and comprehensive competitiveness.

From the perspective of the industrial chain, the development of the tert-butyl hydroperoxide industry is closely related to the development of upstream and downstream industries. If the supply of upstream raw materials is in short supply or prices fluctuate greatly, it will be detrimental to the stable production of tert-butyl hydroperoxide enterprises. Therefore, tert-butyl hydroperoxide companies should maintain good long-term cooperative relationships with upstream raw material suppliers to ensure a stable supply of production raw materials, or use their own advantages to actively expand the production and operation of upstream raw materials, in addition to supplying their own production and use. And sell it externally to increase the company’s profit points. From a downstream perspective, tert-butyl hydroperoxide companies need to focus on key downstream customers and strive to become long-term suppliers to large customers to ensure product sales. Tert-butyl hydroperoxide companies can also invest in the entire industry chain by establishing or reorganizing downstream and upstream companies. This industry chain investment method can reduce the company’s production costs and increase the added value of the company’s products, thus ensuring the company’s profit margins.

This article is from the Internet, does not represent the position of Toluene diisocyanate reproduced please specify the source.https://www.chemicalchem.com/archives/4492

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