China’s isooctanoic acid industry continues to develop, and the quality of industry development and process technology continue to improve.

Isooctanoic acid is a colorless, slightly odorous liquid, flammable, slightly soluble in cold water, soluble in hot water and ether, and slightly soluble in ethanol. Isooctanoic acid is mainly used to produce its salts and ester products. The former can be used as a desiccant for coatings, inks and varnishes; the latter can be used as a plasticizer and a raw material for pharmaceutical carbenicillin. Isooctanoic acid is also used in many dyes, Synthesis of spices. In addition, isooctanoic acid is also used in catalysts, medicine and other fields.

From the perspective of market development, isooctanoic acid is mainly used in coatings, inks and other industries as a drier, accelerator, etc. In addition, it is also used in catalysts, medicine and other fields. Among them, the market capacity of isooctanoic acid in coatings and inks is large, but the overall requirements are high, and domestic products can meet most of the needs; fields such as medicine, catalysts, and high-end coatings and inks have higher requirements for isooctanoic acid, and downstream users tend to choose higher quality products. Good imported products, the main imported brands include BASF, OXEA, Xiehe, etc. In recent years, with the development of China’s isooctanoic acid industry and the improvement of product quality, the cost-effectiveness advantages of local isooctanoic acid products have gradually emerged and are favored by more local users. Local isooctanoic acid production companies such as Shenyang Zhangming Chemical Co., Ltd. are actively expanding the domestic market and setting up offices in Guangdong, Tianjin, Wujiang, Chengdu and other places to develop regional markets, which will help consolidate and enhance their market position.

From the perspective of industry development, isooctanoic acid is a technology- and capital-intensive industry, and the industry threshold is relatively high. Therefore, there are few companies in China with the ability to produce isooctanoic acid products, and the industry concentration is high. The main companies are Shenyang Zhangming Chemical Co., Ltd. , Dancheng County Kaijie Technology Co., Ltd., Jiangxi Jintai Chemical Co., Ltd., Kaifeng Yuhong New Materials Co., Ltd., etc. Among them, Shenyang Zhangming Chemical Co., Ltd. is one of the earliest enterprises in China to develop independent production technology and use it for large-scale production. Its two major production bases in Shenyang and Panjin have a combined production capacity of 50,000 tons, making it the largest manufacturer of isooctanoic acid in China. Production enterprise; Kaifeng Yuhong New Materials Co., Ltd.’s 20,000-ton isooctyl alcohol unit was completed and put into operation in April 2022, and entered the production stage relatively late. According to the released “2023-2028 Isooctanoic Acid Industry In-depth Market Research and Investment Strategy Suggestions Report“, in 2022, China’s Caprylic acid industry output is 58,500 tons.

Analysts believe that in recent years, thanks to technological progress, process optimization and local market development, China’s isooctanoic acid industry has achieved greater development, which is mainly reflected in: 1. The product quality of China’s isooctanoic acid industry has significantly improved, and the quality gap with the products of leading foreign companies such as BASF has narrowed. It can not only meet most of the needs of the local market, but also export products to overseas markets such as Russia. , the competitiveness of the industry has increased; 2. The number of companies involved in the production of isooctanoic acid has increased, and new production capacity and related increases, such as the 40,000-ton isooctanoic acid production unit built by Dalian Preridi Chemical Co., Ltd. on Dalian Changxing Island, will drive China’s isooctanoic acid production. The production capacity of octanoic acid is growing, which in turn intensifies industry competition; 3. Technical research and related results based on the isooctyl alcohol oxidation method, the mainstream domestic production process of isooctanoic acid, have increased, especially the research and development of catalytic systems, which has promoted cost reduction and growth in the isooctanoic acid industry. In the context of increasingly stringent environmental protection policies, the research and development and application of technologies related to emission reduction and pollution reduction have received more attention.