The domestic triethyl orthoformate market is saturated, and there are development opportunities in overseas markets in the future.
Triethyl orthoformate, also known as ethyl orthoformate, is an important product in the orthoester series. Triethyl orthoformate has a wide range of downstream applications and can be used in pesticides, dyes, medicines and photosensitive materials. It is an important chemical raw material. Benefiting from the development of terminal industries, the triethyl orthoformate industry has developed.
According to the “China Triethyl Orthoformate Industry Market Supply and Demand Status and Development Trend Forecast Report 2021-2025” released by the Industrial Research Center It shows that the production methods of triethyl orthoformate mainly include hydrocyanic acid method, metal sodium method, ethanol method, benzoyl chloride method, sodium ethoxide method, etc. Among them, the hydrocyanic acid method has the highest yield, mainly composed of hydrogen cyanide. The reaction of acid, hydrogen chloride and ethanol, followed by desalination and distillation to obtain the finished product, is currently the main production process for the synthesis of triethyl orthoformate in China.
With the development of domestic economy and industry, the application demand for triethyl orthoformate continues to grow, and the demand in the fields of medicine, dyes and pesticides has shown an upward trend. With the improvement of modern medical technology and the improvement of the quality of triethyl orthoformate products, it has shown a rapid development trend in the pharmaceutical field. Globally, the market demand for triethyl orthoformate is mainly concentrated in the United Kingdom, the United States, Brazil, Germany, India and Japan, among which Germany, Brazil and India have higher demand for triethyl orthoformate.
Due to the different actual development conditions in various places, the application fields of triethyl orthoformate are also different. Analyzing the main demand areas for triethyl orthoformate in the world, in Germany and India, triethyl orthoformate is mainly used to produce ethoxymethylene, while in Brazil, triethyl orthoformate is mainly used to produce biscarboxamidine.
There are dozens of triethyl orthoformate production companies in my country, and most of them are small in scale. The main companies include Xinfei Yuxiang, Taixi Chemical, Defeng Chemical, Huasheng Chemical, Wanchang Technology and other companies. Currently, the hydrocyanic acid method is used in China to produce triethyl orthoformate. This process has high yield and is environmentally friendly. Its by-product is high-purity ammonium chloride, which can be recycled. Domestic triethyl orthoformate production technology is leading and its production capacity and output are relatively high. The domestic market is currently in a state of oversupply, and domestic companies are actively exploring overseas markets. Because domestic triethyl orthoformate has a high cost-effectiveness advantage, it has influence in the international market and is conducive to product exports.
Industrial analysts said that triethyl orthoformate has a wide range of applications and is driven by the terminal pharmaceutical field. Market demand is growing steadily. Globally, countries such as Germany and India have high demand for triethyl orthoformate. Domestic demand for triethyl orthoformate is limited and production capacity is currently in excess. However, due to the leading domestic production technology of triethyl orthoformate and the high cost performance of the products, which is conducive to export overseas, domestic companies have begun to expand into overseas markets.