The ethylamine industry is relatively sluggish and there is little room for future market development.

Ethylamine is an important organic chemical intermediate, mainly including monoethylamine, diethylamine, and triethylamine. It is currently widely used in pesticides, medicines, chemical additives, military industry and other fields. Ethylamine is produced using ethanol as raw material. my country’s ethanol industry is relatively mature. In recent years, the market structure has been in a stage of continuous optimization, and production capacity and output have declined. In 2021, my country’s effective production capacity of edible and industrial ethanol will be around 10 million tons, and the actual output will be 6.04 million tons. my country’s ethanol market is relatively mature and can meet the production needs of ethylamine, which is beneficial to the development of the ethylamine industry.

According to the “China Ethylamine Industry Market In-depth Research and Development Prospects Forecast Report 2022-2027” released by the Industrial Research Center, Globally, the total production capacity of ethylamine is about 200,000 tons. Overseas production companies include American Air Chemicals, Mitsubishi Corporation, BASF, Tosoh Corporation, etc., with relatively large production capacity. my country’s ethylamine industry started relatively late. In the early days, it adopted technology imported from the United States, which resulted in small production capacity, low yield, and high energy consumption. However, as domestic companies realize independent technology research and development, domestic products gradually replace imports with high cost performance and occupy the domestic market. market.

As domestic enterprises realize industrialization and large-scale production, production capacity has rapidly expanded and market competition has become fierce, which is not conducive to the long-term and healthy development of the industry. However, in the past five years, with the release of environmental protection policies and the tightening of market supervision, my country’s ethylamine market structure has been continuously optimized. Devices with high energy consumption, high pollution, and small scale have been continuously withdrawn from the market, and market concentration has continued to increase. Kunda Biotechnology is the largest ethylamine manufacturer in China, with an annual production capacity of 60,000 tons/year, followed by Zhejiang Xinhua, with an ethylamine production capacity of 46,000 tons/year.

Analysis of the application market shows that pesticides have a high demand for ethylamine, accounting for 45%, followed by pharmaceuticals and chemicals, both accounting for around 16%. In recent years, the market demand for ethylamine has shown a growth trend, mainly due to the bottoming out of the downstream pesticide industry, and the market demand for ethylamine has resumed growth. However, in general, the ethylamine terminal industry is relatively sluggish, especially the pesticide industry with a high proportion, resulting in a smaller growth in market demand for ethylamine and less room for industry development in the future.

In terms of market demand, my country’s ethylamine market demand has shown a growth trend in the past five years. In 2016, China’s ethylamine market demand was approximately 150,000 tons, and will grow to approximately 200,000 tons by 2020. At present, the ethylamine market is basically saturated, and there is little room for future demand growth.

Industrial analysts said that as an important chemical intermediate, ethylamine has a wide range of applications, especially in the field of pesticides Application requirements are higher. The ethylamine industry has been developing for many years. The current market is relatively mature, the demand is relatively stable, and the future growth rate will be small. In terms of market competition, there are few ethylamine production companies and high market concentration. In the context of environmental protection trends and increasingly fierce market competition, market concentration will continue to increase in the future.