Coconut acid has wide application fields and great market development potential.

Coco acid, also known as coconut oil fatty acid and coconut oleic acid, is a series of different types of fatty acids extracted from coconut oil. Cocoic acid appears as a white or milky yellow solid waxy or oily liquid. The main fatty acid is lauric acid. In addition, coconut acid also contains saturated fatty acids such as capric acid, caprylic acid, myristic acid, palmitic acid and stearic acid. and a small amount of unsaturated fatty acids.

Cocoic acid is soluble in water, and has good foam stabilizing, emulsifying, solubilizing, antistatic, foaming, etc. functions. As a cleanser, detergent, surfactant, softener, emulsifier, etc., coconut acid is used in It is widely used in daily chemical products, high-end soap, pharmaceutical metal processing, papermaking, chemical fiber, textile, styrene-butadiene rubber and other fields.

Cocoic acid has a wide range of applications. In recent years, with the economic development of our country, the market demand for coconut acid has been continuously released. However, due to environmental restrictions, the coconut planting area in my country is small, mainly concentrated in southern regions such as Hainan, Yunnan, Taiwan, and Guangdong. Due to insufficient supply in the coconut market, my country’s reliance on coconut imports is high, which to a certain extent limits the development of the coco acid industry.

According to the “2022-2027 China Cocoa Acid Industry Market In-depth Research and Development Prospects Forecast Report released by the Industrial Research Center, Coconut oil is an important raw material for the production of cocoaic acid. Benefiting from the increase in market demand, the global coconut oil industry output continues to increase. From 2016 to 2020, the coconut oil industry output increased from 3.4 million tons to 3.65 million tons. As a niche edible oil, coconut oil accounts for a low proportion of the vegetable oil market. With the diversified development of market demand, the coconut oil market has great development potential, which is good for the development of the coconut acid industry.

Globally, the coco acid market is mainly concentrated in North America, Europe, Asia-Pacific and other regions. In North America, the United States and Canada are the main players in the coco acid market. In the Asia-Pacific region, China, India, Japan and other countries are the main participants in the market. By. At present, the global coco acid market is small, but as market demand is released, the coco acid industry will develop towards standardization and scale.

In terms of production, there are a large number of coco acid-related production companies in my country, but they are mainly small and medium-sized enterprises, and the market concentration is not high. At this stage, domestic coco acid suppliers include Nantong Qianhe Chemical, Wuhan Kamik Technology, Guangzhou Wanhong Biotechnology, Guangzhou Muqi Biotechnology, etc. have relatively fierce market competition. In the future market development, coconut acid companies still need to increase investment in product and technology research and development, improve product quality, and thereby optimize the supply structure.

Industry analysts said that my country’s small coconut planting area and insufficient supply of coconut oil have limited the development of the coconut acid market to a certain extent. However, as a natural surfactant, coconut acid has good emulsification, solubilization, and antistatic functions. It has a wide range of downstream applications, involving cosmetics, medicine, textiles, papermaking and other fields. As market consumption moves toward environmental protection, naturalness, and safety, The direction is upgrading, and the coconut acid market has great development potential.