There are few domestic N-hydroxyethylpyrrolidone manufacturers and high concentration of downstream applications.
N-hydroxyethylpyrrolidone is also known as hydroxyethylpyrrolidone, N-hydroxyethyl-2-pyrrolidone, 1-(2-hydroxyethyl)-2-pyrrolidone, N-hydroxyethyl-2-pyrrolidone, CAS number is 3445-11-2, the molecular formula is C6H11NO2, the molecular weight is 129.157, and it has a hydroxyl (-OH) group in the molecule. It is a yellow transparent liquid with low viscosity at room temperature. It has strong polarity, strong solubility and good stability. , non-corrosive, non-toxic, difficult to volatilize and other advantages.
N-Hydroxyethylpyrrolidone is an intermediate, organic chemical solvent and additive, which can be used in medicine, electronics, inkjet (jet printing ink) and coatings, lithium batteries, dyes and other industries. At present, domestic enterprises have done little research on the application of N-hydroxyethylpyrrolidone, and their publicity and promotion of N-hydroxyethylpyrrolidone is limited. Downstream users are not very aware of N-hydroxyethylpyrrolidone. In addition, The price of N-hydroxyethylpyrrolidone products is relatively high and there are many substitutes. The domestic market demand for N-hydroxyethylpyrrolidone is not large.
At the same time, according to the “In-depth market research and development prospects of China’s N-hydroxyethylpyrrolidone industry from 2023 to 2028” released by the Industrial Research Center The Forecast Report shows that due to market capacity constraints, the number of suppliers in the domestic N-hydroxyethylpyrrolidone industry is relatively small. Among them, the more representative suppliers of N-hydroxyethylpyrrolidone mainly include Hubei Zhonglong Kangsheng Fine Chemical Co., Ltd., Wuhan Xinweiye Chemical Co., Ltd., Hangzhou Lianyang Chemical Co., Ltd., etc. Abroad, the main supplier of N-hydroxyethylpyrrolidone is BASF.
From the perspective of downstream applications, China’s N-hydroxyethylpyrrolidone products are mainly used in the fields of medicine, electronics and inkjet. Among them, the pharmaceutical industry is the industry with the largest demand for N-hydroxyethylpyrrolidone. In recent years, with the rapid development of my country’s pharmaceutical industry With the continuous development of China’s pharmaceutical industry, the demand for N-hydroxyethylpyrrolidone is increasing. In the first half of 2023, the demand for N-hydroxyethylpyrrolidone in China’s pharmaceutical industry will account for more than 50%.
From the perspective of investment projects, the current domestic investment companies in the N-hydroxyethylpyrrolidone industry include Boai New Kaiyuan Medical Technology Group Co., Ltd. and Maiqi Chemical Co., Ltd. Among them, Boai New Kaiyuan Medical Technology Group Co., Ltd. plans to build a 300-ton/year N-hydroxyethylpyrrolidone project, and Maiqi Chemical Co., Ltd. plans to build a 100-ton/year N-hydroxyethylpyrrolidone project.
Industry analysts said that the pharmaceutical and electronic industries are the main application fields of N-hydroxyethylpyrrolidone . In the future, with policy support, the domestic pharmaceutical industry, especially the pharmaceutical intermediates industry, is expected to further develop and expand, which will provide a driving force for the growth in demand for N-hydroxyethylpyrrolidone. At the same time, in the context of the continued transformation and upgrading of the electronics industry and the increasingly stringent policy requirements on the VOCs content of solvent products used in the electronics industry, N-hydroxyethylpyrrolidone has the advantages of being non-toxic, non-corrosive, and difficult to volatilize. Applications in the electronics industry will also continue to increase.
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