my country’s self-sufficiency rate for isooctyl alcohol continues to increase, and export volume will achieve substantial growth in 2021

Isooctanol, 2-ethylhexanol, is an alcohol compound that appears as a colorless, clear, flammable liquid with a special odor. Isooctanol is toxic and flammable. As an important organic chemical raw material, isooctyl alcohol can produce trioctyl trimellitate, dioctyl phthalate, dioctyl oxalate, and dioctyl terephthalate. Products such as these are widely used in plastics, coatings, synthetic spices, food processing and other fields.

From the perspective of preparation process, the preparation process of isooctyl alcohol includes two types: oxo synthesis and acetaldehyde condensation. Among them, oxo synthesis is the current mainstream preparation process of isooctyl alcohol. The oxo synthesis method uses propylene as the main raw material, adds synthesis gas to cause the oxo synthesis reaction, and then produces butyraldehyde. Then through condensation, dehydration and hydrogenation reactions, isooctyl alcohol is obtained.

According to the “2022 Isooctanol Industry In-depth Market Research and Investment Strategy Analysis Research Report released by the Industrial Research Center, affected by the new coronavirus Affected by the pneumonia epidemic, the global isooctyl alcohol industry’s operating rate was low in 2020. However, in 2021, with economic recovery and increased trade activities, the global isooctyl alcohol industry’s production capacity and consumption have increased. Specifically, in 2021, the global isooctyl alcohol industry production capacity will reach more than 5.9 million tons, a year-on-year increase of 3.0%, and consumption will be 4.5 million tons, a year-on-year increase of 5.5%. It is expected that in 2022, the global isooctyl alcohol industry production capacity will maintain a slow growth trend and reach about 6 million tons.

From the perspective of the domestic market, the production capacity of my country’s isooctyl alcohol industry is relatively stable and the output maintains a growth trend. In 2021, the output growth rate of my country’s isooctyl alcohol industry will reach more than 13.4%. At this stage, my country’s isooctyl alcohol production companies include Luxi Chemical, Shandong Hualu Hengsheng, Jiangsu Huachang Chemical, PetroChina Daqing Petrochemical, etc. From the perspective of company distribution, isooctyl alcohol companies are mainly distributed in Shandong, Jiangsu, Jilin, and Heilongjiang and other regions, among which Shandong Province is the main production area of ​​isooctyl alcohol in my country, accounting for about 50.0% of its production capacity.

From the perspective of the import and export market, in the early days due to insufficient domestic supply capacity, my country’s isooctyl alcohol market relied heavily on foreign countries. Later, with the expansion of domestic production capacity and the growth of market supply, my country’s self-sufficiency rate of isooctyl alcohol continued to increase, and the import scale declined. trend, the export scale has increased. Specifically, in 2021, my country’s isooctyl alcohol imports dropped by 13.2% year-on-year, and exports increased significantly, at about 186.5%. Domestic isooctyl alcohol is mainly exported to Turkey, the Russian Federation, South Korea and other regions.

Industry analysts said that as an important organic chemical raw material, isooctyl alcohol has a wide range of applications and the market demand continues to grow. The future industry scale will be further expanded. Entering 2021, affected by the international situation, my country’s isooctyl alcohol market is growing rapidly, the supply and demand relationship has improved, and the export scale has increased significantly. Under this trend, my country is expected to occupy an increasingly important role in the international isooctyl alcohol market. status.