The market attention of 2,5-furandicarboxylic acid (FDCA) has increased, and the number of companies with global presence continues to increase.

2,5-Furandicarboxylic acid (FDCA), also known as furancarboxylic acid, refers to an organic compound composed of two carboxylic acid groups. FDCA is a high value-added biological and chemical substance that is chemically stable, has a high melting point, and is insoluble in most solvents. FDCA can be used as a substitute for terephthalic acid, a petrochemical derivative, and has broad application prospects in pharmaceutical packaging, engineering plastics, nylon, coatings, plasticizers and other fields.

The polymerization of FDCA and ethylene glycol can produce polyethylene furandicarboxylate (PEF). PEF is highly recyclable and sustainable, and is superior to polyparaphenylene in terms of heat resistance, mechanical strength, and gas barrier. Ethylene glycol dicarboxylate (PET). In the context of the global plastic ban, PEF is expected to gradually replace PET, thereby driving the release of FDCA demand.

According to the “China 2,5-furandicarboxylic acid (FDCA) industry application market demand and development opportunities research report from 2022 to 2026 released by the Industrial Research Center 》shows that with technological advancement, the scale of global FDCA production continues to expand. It is expected that the global FDCA market will grow at a compound annual growth rate of more than 8.5% from 2022 to 2027, reaching US$820 million in 2027.

FDCA has good application prospects, and global R&D and production companies are constantly increasing. Currently, in the international market, the companies that realize FDCA production mainly include Alfa Aesar, Toronto Chemicals, Dutch Avantium, Corbion, AVA, TCI, Synvina, etc. Among them, Dutch Avantium It is a market leader in FDCA and PEF and has established good cooperative relationships with customers such as Teijin, Coca-Cola, Cargill, Danone, and Solvay.

In order to catch up with international companies, in recent years, Chinese companies have also been actively deploying the FDCA market to assist its large-scale development, such as Anhui Zhongcarbon, Sugar Energy Technology, Zhongke Guosheng, Hefei Lifu, Jiangsu Seric, Hengyi Group and other companies . The FDCA market is very popular. In November 2021 and February 2022, Zhongke Guosheng completed angel round and angel round + financing respectively; in August 2022, Jiangsu Seric completed angel round financing, etc.

With the active deployment of domestic enterprises, my country’s FDCA industrial production has made certain progress. Biomax, a subsidiary of Anhui China Carbon, has developed a process for producing polymer-grade FDCA from de-fructose. The product purity reaches over 99.9%. Currently, Biomax’s 5 ton/month FDCA production line has been completed. In addition, Biomax has also A continuous HMF synthesis process with multiple reactors in series was developed. With the advancement of technology, the reduction of production costs and the commissioning of related projects under construction, the large-scale production capacity of my country’s FDCA industry will continue to improve, and the development of the FDCA market will accelerate.

Industry analysts said that the application prospects of FDCA are good, and the number of companies with global layout is increasing. Compared with foreign markets, my country’s FDCA industry research It started late, and the current industrialization of FDCA is still in the early stages of development. In recent years, driven by capital assistance and technological progress, my country’s FDCA industrial production has made certain progress. With technological progress and cost reduction, my country’s FDCA industrial scale production and application process will accelerate.