The development trend of palmitic acid (palmitic acid) industry is improving, and the competitiveness of local enterprises needs to be improved in the future.

Palmitic acid, also known as palmitic acid and hexadecanoic acid, is an organic compound with the chemical formula C16H32O2. It looks like white pearlescent scales. It is easily soluble in ether, chloroform and acetic acid, slightly soluble in petroleum ether, and insoluble in water. Palmitic acid is a saturated higher fatty acid with various biological activities such as antibacterial, anti-inflammatory, and antioxidant. It is mainly used as a precipitant, waterproofing agent, chemical reagent, defoaming agent, lubricant, emulsifier, etc. in medicine, food, Cosmetics, daily chemicals, plastics, spices and other fields.

Palmitic acid is widely found in vegetable oils, including palm oil, palm kernel oil, coconut oil, tallow oil, catalpa seed oil, etc. At present, the main production method of palmitic acid is to use vegetable oil as raw material and prepare it through hydrolysis fractionation, hydrolysis acidification, vacuum fractionation and other steps. Most of the vegetable oil used in the production of palmitic acid in my country is tallow oil, and its output in 2022 will be about 5,000 tons. As the world’s largest producer of tallow oil, my country’s sufficient supply of upstream raw materials has laid a good foundation for the development of the domestic palmitic acid industry.

Palmitic acid has a wide range of applications, among which industry and medical care are its main application areas. In the industrial field, palmitic acid is mainly used as a key raw material for the production of candles, soaps, greases, softeners, waterproofing agents, plasticizers, synthetic detergents, etc.; in the medical field, palmitic acid is used to prepare ascorbyl palmitic acid, paliperidone Key raw materials for drugs such as palmitate and clindamycin palmitate hydrochloride. With the rapid development of the downstream market, the scale of palmitic acid market continues to expand. According to the“China Palmitic Acid (Palmitic Acid) Industry Market Monitoring and Future Development Prospects Research Report 2023-2027” released by the Industrial Research Center 》 Shows that the domestic palmitic acid market size has reached 1.58 billion yuan in 2022, a year-on-year increase of 7.7%.

At present, there are many companies in the domestic palmitic acid market. The main companies include Shandong Banghua Oils and Fats, Shanghai Yuanye Biotechnology, Jiangsu Runrui Biotechnology, Chengde Purun Biopharmaceutical, Suzhou Fuzhiyuan Biotechnology, Guangzhou Gongxin Chemical, Qingdao Sheng Tongyue Chemical, Henan Hengtian Jiuda Industrial, etc. However, most of the local palmitic acid companies are small and medium-sized enterprises with small scale and low technical level, and their products are mostly industrial-grade palmitic acid. The output of high-end products such as pharmaceutical-grade palmitic acid and high-purity palmitic acid is small. In the future, local palmitic acid companies will continue to increase their efforts in research and development of high-end products to promote the continuous improvement of their competitiveness.

Industry analysts said that the current development of the domestic palmitic acid industry continues to be favored by the dual factors of raw materials and demand. Production and sales The scale shows a continuous growth trend, and the overall development trend of the industry is good. However, domestic palmitic acid products are mostly mid- to low-end industrial-grade palmitic acid, and the output of high-end palmitic acid products is relatively low. In the future, local companies will still need to increase their efforts in research and development of high-end products to accelerate the pace of industry transformation and upgrading.