Competition in the fluorobenzene industry eases and market supply is tight

Fluorobenzene, also known as fluorobenzene, has a molecular formula of C6H5F and is a primary fluorine-containing fine chemical. Fluorobenzene is a colorless and transparent liquid under normal temperature and pressure, and is miscible with ethanol and ether. Fluorobenzene is flammable and may cause combustion when exposed to high heat, open flames, or oxidants. Fluorobenzene is widely used in the production of pesticides, medicines, batteries and engineering plastics. Among them, in the field of pesticide production, fluorobenzene can be used to produce fluorobenzene, flufenacil, flufenacil, fluflubenzuron, and fluorosilazole. etc., are important pesticide raw materials; fluorobenzene can be used to produce antipsychotic drugs such as flubutanol, dacroguat butaben, trihaloperidol, trihaloperidinol and other drugs; as a fluorine chemical product, fluorobenzene can be used It is used in the preparation of polyetheretherketone monomers, polyetherketone, and intermediates for liquid crystal materials. In addition, fluorobenzene can also prepare the electrolyte used in lithium batteries, thereby improving the low-temperature performance and battery life of lithium batteries.

After long-term development, China’s fluorobenzene industry has become mature and the production process is relatively stable, resulting in less product differentiation. In recent years, as environmental protection and production safety policies have become stricter, the chemical industry in some industries with high pollution and high production safety risks has been negatively affected. Some companies that do not meet environmental protection and production safety standards have suspended production for rectification, causing local fluorobenzene supply to be tight. At present, the number of companies in the fluorobenzene industry is small and the industry concentration is high. The main companies in the industry include Shandong Fore Co., Ltd., Jiangsu Dongransheng Electronic Technology Co., Ltd., Shandong Futong Chemical Co., Ltd., and Xiangshui New United Chemical Co., Ltd. Company, Ningxia Kunzheng Biotechnology Co., Ltd., etc.

From the perspective of market demand, the application fields of fluorobenzene are still mainly medicines and pesticides. As a relatively niche fluorine chemical product, its market demand is greatly restricted. In the future, the growth rate of demand for fluorobenzene will remain at a very low level, and the upper limit of industry development is not high. According to the released “2023-2028 China Fluorobenzene Industry Market In-depth Research and Development Prospects Forecast Report ” shows that in 2022, the output of China’s fluorobenzene industry will be 27,500 tons.

Since 2016, under the high pressure of environmental protection, the fluorobenzene industry has continued to survive and eliminate the fittest. Some companies that do not meet environmental protection standards have had to withdraw from the market. Currently, there are more than a dozen competing companies in China’s fluorobenzene industry. Existing production enterprises can be divided into two categories according to the length of the enterprise chain. The first category of enterprises has a longer industrial chain. They not only produce fluorobenzene products, but also produce downstream products of fluorobenzene such as p-fluorotoluene, o-fluorotoluene, etc. Therefore, enterprise products are mainly used for internal consumption and rarely flow to the market; the other type of enterprise has a shorter industrial chain, and enterprise products are mainly used for external sales. Analysts believe that at this stage, due to the growing market demand, some enterprise equipment cannot produce normally, and the overall supply of fluorobenzene is tight. , the bargaining power of enterprises is strong, and the market competition among enterprises is relatively relaxed. However, with the development of the industry and market adjustments, competition in China’s fluorobenzene industry may increase.