The demand for 1,3-propane sultone continues to grow, and industry development is greatly affected by the lithium-ion battery market

1,3-Propane sultone can be used as a pharmaceutical intermediate, or in tanning, ink and dye synthesis. It is also a general sulfonating agent and is an important electroplating additive intermediate for the synthesis of PPS, UPS, DPS and MPS. , ZPS, POPS, SP and other products are key raw materials. In addition, 1,3-propane sultone is also an important raw material for the production of lithium-ion batteries. It can also be used in lithium secondary batteries to enhance battery cycle times and service life.

From the perspective of market demand, 1,3-propane sultone is mainly used in lithium-ion batteries and electroplating and other fields, especially in the lithium-ion battery field, accounting for a large share of the demand for 1,3-propane sultone. In recent years, my country’s lithium-ion battery market has developed rapidly, and the output of lithium-ion electrolyte has continued to increase, driving the growing demand for 1,3-propane sultone. At the same time, the development of dyes, pharmaceuticals, surfactants and other industries has also provided a The impetus was provided by increased demand for 1,3-propane sultone. Among them, in 2022, my country’s 1,3-propane sultone demand growth rate will be as high as 23.6%.

From the perspective of enterprise competition, according to the “China 1,3-propane sultone market feasibility study report 2023-2027” released by the Industrial Research Center It shows that the production capacity of domestic 1,3-propane sultone industry enterprises is generally small, and competition among enterprises is relatively fierce. Among them, the 1,3-propane sultone manufacturers with large production capacity mainly include Shandong Yonghao New Materials Technology Co., Ltd., Changshu Juhe Chemical Co., Ltd., Wuhan Jihechang New Materials Co., Ltd., and Wuhan Songshi Technology Co., Ltd. , Hubei Dimei Technology Co., Ltd., etc. The total 1,3-propane sultone production capacity of the above five companies accounts for 58.3% of the country’s total 1,3-propane sultone production capacity.

From the perspective of the development prospects of 1,3-propane sultone, 1,3-propane sultone is a new functional fine chemical material. The development of its downstream lithium-ion battery industry is supported by national policies, and with the development of lithium-ion batteries The market capacity is expanding, and the demand for 1,3-propane sultone in the field of lithium-ion battery electrolyte is on the rise. In addition, the development of automobiles, aerospace and other fields has driven the increase in the application demand for electroplating products, and further promoted the growth of electroplating product output, which is also 1,3 -Propane sultone demand market development has increased momentum, and the domestic market demand for 1,3-propane sultone will continue to grow in the next few years.

Industry analysts said that driven by good market prospects, 1,3-propane sultone companies are increasing. Existing production companies also have plans to expand production capacity. For example, Shandong Shida Shenghua Chemical Group plans to invest 280 million yuan to build 11,000 tons/year of additives, including 1,3-propane sultone production capacity of 1,000 tons/year. In February 2023, Jihechang New Materials (Jingmen) Co., Ltd.’s 1,3-propane sultone 5,000 tons/year project completed environmental protection acceptance and will soon be put into formal production. Under this situation, competition in the domestic 1,3-propane sultone industry will further intensify in the future.