1-octanol, additionally referred to as n-octanol, is a natural substance, a colorless transparent oily liquid with a solid oily as well as citrusy odor, immiscible with water, however miscible with ethanol, ether, and also chloroform. Octanol is mostly made use of to prepare dioctyl phthalate, dioctyl terephthalate, octyl acrylate, dioctyl azelate, dioctyl sebacate and various other products; on top of that, it can likewise be made use of as a solvent, Plasticizers, antifreezes, lubricants, extractants, dispersants, stabilizers, flavors and other products are utilized in polished oil, plastics, layers, printing as well as dyeing, food handling, cosmetics as well as various other fields.
Amongst several application fields, dioctyl phthalate is the largest downstream demand market for n-octanol. Taking advantage of the demand pull of downstream markets and also the enhancing attention of capital, the scale of my country’s n-octanol market has increased rapidly, and also its manufacturing ability has continued to increase. From the perspective of the demand side, from 2017 to 2021, the obvious intake of octanol shows an increasing trend. In 2020, as a result of the effect of the new crown epidemic, the development price will certainly be reduced. For that reason, generally, residential n-octanol is encountering the pressure of weak downstream demand and overcapacity.
From the perspective of sector competition (according to production capacity), the 1octanol sector has a relatively high concentration of production capability, and the five business with the biggest manufacturing capacity make up virtually 50% of the overall manufacturing capability of the sector.As my country’s plasticizer market tends to stabilize, especially the increase in the amount of environmentally friendly plasticizers, the demand for octanol will gradually stabilize, and market competition will gradually intensify. Domestic companies must actively develop downstream applications The field and scope of the market, launch products that can adapt to new requirements, and at the same time start to deploy foreign markets to realize the transfer of surplus production capacity.
In recent years, my country’s 1octanol production capacity has accelerated. For example, the butanol devices of Sichuan Petrochemical, Nanjing Wison and Yantai Wanhua have been put into operation in the past two years, and the domestic octanol industry has ushered in a development peak. In addition, it is expected that Anqing Refining & Chemical’s 250,000 tons/year butanol project (octanol 100,000 tons/year) will be handed over by the end of this year, and will be ready for start-up in February 2016. At that time, the domestic production capacity can reach 2.2 million tons/year.
From the perspective of consumption, the main use of octanol in my country is to produce plasticizer: dioctyl phthalate (DOP). In 2014, the total domestic apparent demand for octanol was about 1.45 million tons. Judging from the current production capacity and total apparent demand, it is basically a foregone conclusion that domestic 1-octanol overcapacity is a foregone conclusion. However, the development of the downstream plasticizer market is not optimistic. The restricted range of octanol’s downstream DOP industry continues to expand. With the improvement of environmental awareness, the toxicity of DOP has been paid more and more attention. For the potential carcinogenic risk of DOP, corresponding measures have been taken internationally to limit the scope of use of DOP. The downstream consumption field has shrunk, and the growth rate of consumption has also been slowing down, so the development prospect of 1octanol will also be hindered.
