my country’s methyl acetate industry chain is basically mature and output continues to grow

Methyl acetate, also known as methyl acetate, methyl acetate, methyl acetate, etc., is an organic compound composed of methyl group and acetic acid group. The molecular formula of methyl acetate is CH3COOCH3. It appears as a colorless liquid with a fruity aroma under normal temperature and pressure. It is miscible in organic solvents such as ether and ethanol, and is highly volatile and flammable. As the production technology gradually matures, the types of methyl acetate are increasingly abundant. According to different uses and chemical properties, it can be roughly divided into pharmaceutical grade methyl acetate, fragrance grade methyl acetate, solvent grade methyl acetate, etc.

At present, my country’s methyl acetate industry chain has basically matured. The upstream of the industrial chain is mainly the raw material industry, providing acetic acid, methanol, vinyl acetate (VAC), paraxylene (PX) and other raw materials; the midstream is mainly the methyl acetate production industry, responsible for the production and manufacturing of different types of methyl acetate; The downstream is mainly used in application fields. Methyl acetate is mostly used in the production of detergents, acetic anhydride, coatings, adhesives, foaming agents, extraction solvents and other products. It is widely used in chemical industry, medicine, spices and other fields.

From the perspective of application fields, detergents have become the largest application field of methyl acetate, accounting for 42.3%; followed by the coating field, accounting for 40.7%; extraction solvent field ranks third, accounting for 11.4% .

In the field of chemical industry, methyl acetate, as a very important chemical raw material, is mostly used to produce chemical products such as acetamide, acetic anhydride, and methyl acrylate. With the rapid development of my country’s industry and manufacturing industry, the market demand for methyl acetate continues to grow. . In the pharmaceutical field, methyl acetate can be used directly as a pharmaceutical intermediate and is widely used in the pharmaceutical market. At present, my country’s environmental protection requirements are becoming increasingly strict. As a new organic solvent with strong solubility, green and environmental protection, methyl acetate is gradually replacing traditional solvents, and its application fields are gradually expanding. Overall, my country’s methyl acetate has a wide consumer market.

According to the “Special Research Report on Methyl Acetate Benchmark Enterprises and Competitors from 2023 to 2027” released by the Industrial Research Center, in the downstream Driven by market demand, my country’s methyl acetate companies continue to expand their production scale and their output has increased. In 2022, my country’s methyl acetate output will be 1.292 million tons, a year-on-year increase of 6.8%.

Industry analysts said that at this stage, there are a large number of methyl acetate companies in my country and the market concentration is relatively low. The largest methyl acetate companies in my country mainly include Wanwei High-tech, Wannian Jinze, Ruifeng High-tech, Hunan Xiangwei, Kebang Chemical, etc. As my country’s market competition becomes more intense, the pace of corporate mergers and acquisitions in the methyl acetate industry is accelerating. Some smaller companies with backward production technologies will be gradually eliminated. The market will gradually move closer to large companies with technological advantages. The methyl acetate market will be concentrated in the future. The degree is expected to be improved.