Epoxy curing agent News China’s allantoin industry has high concentration and a high proportion of exports

China’s allantoin industry has high concentration and a high proportion of exports

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The allantoin industry is highly concentrated and has a high export share

Allantoin, also known as ureidohydantoin, ureamidazoledione, 5-ureahydantoin, etc., is a hydantoin derivative. The pure product appears as white crystals. Allantoin is widely used in medicine, chemical industry, daily chemicals, agriculture, bioengineering, scientific research and other fields. At present, agriculture, medicine and cosmetics are the three main demand areas for allantoin.

Chemical synthesis is currently the main source of allantoin. According to different specific processes, chemical synthesis of allantoin is divided into oxalic acid electrolysis and glyoxal oxidation method, calcium acetate hydrochloric acid dissolution method, urea dichloroacetic acid heating method, etc. According to different contents, allantoin can be divided into pharmaceutical grade allantoin and industrial grade allantoin. The content of pharmaceutical grade allantoin is generally above 99%, while the content of industrial grade allantoin is required to be above 98%.

Allantoin is a natural, safe, non-toxic compound that has good application prospects in removing keloids, promoting wound healing, preventing skeletal sarcopenia, anti-hepatitis, regulating blood lipids, lowering blood pressure, and anti-tumor. In addition to the pharmaceutical field, allantoin has good application prospects in cosmetics, agriculture, bioengineering and other fields. In recent years, with the development of downstream industries, the demand for allantoin in my country has shown a growth trend. According to the“China Allantoin Industry 2023-2028” released by the Industrial Research Center “In-depth Market Research and Development Prospect Forecast Report”In 2022, China’s demand for allantoin will be 2,901 tons, and the industry will present the following development characteristics:

1. High industry concentration
At present, the market demand for allantoin in my country is small, and the profits of production companies are not high. In addition, the production process of allantoin produces a large amount of wastewater, which is difficult to treat. It is strictly supervised by environmental protection policies, and companies are under great environmental pressure. Therefore, my country’s allantoin industry is currently highly concentrated, and the market share is mainly concentrated in the hands of Wuhu Huahai Biotechnology Co., Ltd., Anhui Dongkai Biotechnology Co., Ltd., Taicang Yanlin Chemical Factory and other companies.

2. Export proportion is relatively high
Allantoin is mainly used in medicine, agriculture, chemical industry and other fields. It is a fine chemical product with a wide range of uses. However, the domestic demand for allantoin in my country is currently small, causing some companies to turn to foreign markets and exports account for a relatively small proportion. High, especially for enterprises with large production scales such as Wuhu Huahai Biotechnology Co., Ltd. and Anhui Dongkai Biotechnology Co., Ltd., their product exports account for a higher proportion. In 2021, my country’s allantoin export volume was 1,485 tons, accounting for 35.2% of sales.

3. Government supervision is becoming increasingly strict
The production of allantoin will produce a large amount of industrial wastewater, which if not effectively treated will cause environmental pollution problems. Environmental protection and production safety issues in the chemical industry to which allantoin belongs have become increasingly prominent, especially in recent years, chemical industry production safety accidents and environmental pollution The frequent occurrence of incidents has attracted the attention of all sectors of society and the attention of government departments. It is imperative to strengthen supervision. With this, higher requirements have been put forward for safe production and clean production of chemical companies, and it has also increased Allantoin business operating costs.

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This article is from the Internet, does not represent the position of Epoxy curing agent, reproduced please specify the source.https://www.dmp-30.vip/archives/49358

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