Increased market awareness drives steady growth in demand for cyclopentyl methyl ether in China
Cyclopentyl methyl ether is mainly produced by the etherification reaction of cyclopentene and methanol under the action of a catalyst. Generally, an acidic catalyst is selected. Commonly used ones include: strongly acidic ion exchange resin catalyst, supported heteropoly acid catalyst and molecular sieve catalyst. my country’s cyclopentyl methyl ether industry started relatively late. The existing process technology still has problems such as high energy consumption and catalyst selection. There is a certain gap between the cyclopentyl methyl ether synthesis process and foreign countries.
At this stage, in the domestic market, due to the high price of cyclopentyl methyl ether products and low market awareness, it has inhibited the growth of its market demand to a certain extent. In addition, Japan Zeon is the first to produce and promote cyclopentyl methyl ether globally. Enterprises producing cyclopentyl methyl ether products started early in product commercialization, quickly seized the market, and also occupied an important position in the Chinese market. As a result, imported products in the industry dominated the market, and domestic products were insufficiently competitive.
According to the “In-depth Market Research and Investment Strategy Suggestions Report on Cyclopentyl Methyl Ether Industry from 2023 to 2028” released by the Industrial Research Center Cyclopentyl methyl ether is a new type of green and environmentally friendly hydrophobic ether solvent. It has excellent properties such as low toxicity, antioxidant and anti-explosion properties, wide temperature range fluidity, and azeotrope with water. It is now mainly used in general chemicals. Reaction solvents, extraction solvents, recrystallization solvents, polymerization solvents, and coating solvents for resins in the manufacturing process of chemicals, medicines, electronic materials, spices, etc. In recent years, with the continuous improvement of market awareness, the domestic market demand for cyclopentyl methyl ether has shown a steady growth trend.
From the perspective of market competition, due to restrictions on technology patents and raw materials in the early days, there were no stable domestic product manufacturers, and the output was very small, and the products mainly relied on imports. In recent years, with the development of my country’s cyclopentene industry and the progress of domestic etherification technology, domestic enterprises such as Zhejiang Alpha Chemical Technology Co., Ltd. and Cobonte Chemical (Hangzhou) Co., Ltd. have successively entered the cyclopentyl methyl ether industry. Within the industry The number of competing entities increases.
Industrial analysts said that cyclopentyl methyl ether can replace traditional ether solvents, and the product is environmentally friendly. In line with the national environmental protection policy, Driven by this, market demand is expected to continue to grow.