Butyl-octanol products are highly homogenized and the industry is fiercely competitive.

n-Butanol and octanol can be produced by oxo synthesis in the same device, so they are commonly called butanol. Butyl-octanol includes n-butanol and octanol. n-Butanol is a colorless liquid with a wine smell, slightly soluble in water, soluble in most organic solvents such as ethanol and ether, and has stable chemical properties; octanol is a colorless and transparent oily liquid with a strong oily and citrus smell Alcohol is a saturated fatty alcohol, insoluble in water, but soluble in ethanol, ether, chloroform, etc.

Butyl octanol is an important raw material for the synthesis of fine chemical products. Among them, n-butanol is mainly used to make butyl acrylate, butyl acetate, and dibutyl phthalate (DBP), and octanol is mainly used to make dioctyl phthalate (DOP), dioctyl terephthalate Octyl ester (DOTP). From the demand side, Asian countries represented by China are the world’s major producers of butyl crotonate, butyl acetate, DOP, DOTP, etc., and have a large demand for butyl octanol products. In addition to Asia, Europe , North America and other regions have relatively small demand for butanol. From a production perspective, the butyl-octanol industry in developed countries and regions such as Europe, the United States, and Japan developed earlier, and the butyl-octanol production technology is more mature. However, it is affected by factors such as the shift of the global industrial chain and the focus of the downstream demand market for butyl-octanol in Asia. , Butan-octanol production in major producing countries in Europe, the United States and Japan, such as the United States and Germany, is lower than that of China. According to the “2023-2028 Global Butanoctanol Industry In-depth Market Research and Key Area Research Report” released by the Industrial Research Center, In 2022, China’s butyl-octanol production will reach 5.3731 million tons, and China has become the world’s largest producer of butyl-octanol.

After years of development, my country’s butyl-octanol production has formed strong competitiveness, and many large enterprises have emerged, such as Luxi Chemical Group Co., Ltd., Jiangsu Huachang Chemical Co., Ltd., and Wanhua Chemical Group Co., Ltd. , Nanjing Chengzhi Clean Energy Co., Ltd., Shandong Hualu Hengsheng Chemical Co., Ltd., etc. These enterprises occupy a relatively high market share in the domestic market by virtue of their scale advantages and technological advantages. In 2022, the total output share of four companies, Luxi Chemical Group Co., Ltd., Jiangsu Huachang Chemical Co., Ltd., Wanhua Chemical Group Co., Ltd., and Nanjing Chengzhi Clean Energy Co., Ltd. will be 35%. From this point of view, the market concentration of my country’s butanol industry is relatively high.

Industrial analysts said that due to the high technical barriers, financial barriers and environmental barriers to butyl octanol products, my country’s current butyl octanol products Octanol production enterprises are basically large enterprises, and the production capacity of butyl and octanol is generally large. Some enterprises have equivalent strength in the production of subdivided products n-butanol or octanol, and their overall competitiveness is almost the same. Therefore, overall, although butanol and octanol are In the alcohol market segment, there are only a small number of manufacturing companies in the n-butanol/octanol field, but competition among companies is relatively fierce. And since there is no obvious difference in the quality of n-butanol or octanol products produced by most companies in the industry, and the product prices are not very different, without considering factors such as brand and transportation costs, the n-butanol or octanol produced by one company It is more likely to be replaced by n-butanol or octanol produced by another company. For this reason, the butanoctanol industry has a high degree of competition, with companies competing comprehensively on price, product quality, service, brand, channels and other aspects.