Butylene carbonate has good application prospects, but the cost of raw materials is high

Butylene carbonate, also known as 2,3-butylene carbonate, is an important chemical product and chemical intermediate. Under normal conditions, butylene carbonate appears as a colorless and transparent liquid, soluble in organic solvents such as ethanol and ether, but insoluble in water. According to different purity, butylene carbonate can be divided into three types: purity below 95%, purity between 95% and 98%, and purity above 98%. Among them, butylene carbonate with purity between 95% and 98% Ester is the mainstream product in the market.

Butylene carbonate has excellent properties and can be used as a metal extractant, drug intermediate, etc. in the fields of microelectronics, drug research and development, organic synthesis, academic research, lithium batteries, metal welding, etc. Drug research and development and academic research are its main applications. Scenes. Butylene carbonate has good biodegradability and solubility and can be used as an electrolyte for high-energy-density batteries and capacitors. In recent years, with the rapid development of the lithium battery industry, butylene carbonate has attracted market attention as an electrolyte.

According to the “2021-2026 China Butylene Carbonate Industry Market In-depth Research and Development Prospects Forecast Report released by the Industrial Research Center , in 2020, my country’s butylene carbonate market revenue will be around 14 million yuan, accounting for approximately 28.6% of the global market. my country’s epidemic prevention and control has achieved good results. Against this background, my country’s butylene carbonate market will remain higher than the global average The level of growth is expected to reach 248 billion yuan in 2025, by which time my country’s share of the global market will further increase.

In the global market, the butylene carbonate market is mainly concentrated in North America, Europe and the Asia-Pacific region. Related suppliers include TRC, SynQuest, and Empower Materials of the United States. In recent years, thanks to the continuous development of my country’s economy, the scale of butylene carbonate industry has expanded rapidly. At this stage, my country has become a major consumer of butylene carbonate. In the domestic market, suppliers of butylene carbonate include Guangdong Wengjiang Chemical Reagent, Jiangsu Aikang Biomedicine, Nanjing Xize Pharmaceutical Technology, Shaanxi Didu Pharmaceutical Chemical, etc.

In the industrial field, butylene carbonate is mainly produced by a catalytic synthesis process using butylene oxide and carbon dioxide as raw materials. However, the raw material butylene oxide is expensive, and the global butylene oxide production capacity mainly comes from BASF. Domestic butylene oxide Its domestic market share is less than 10%. Due to limitations in raw materials, the production of butylene carbonate in my country is low, and the market is often in a situation of short supply, resulting in product prices continuing to rise.

Industry analysts said that butylene carbonate has excellent performance and good biodegradability, and its downstream applications involve medicine, lithium batteries, In fields such as organic synthesis, the future market application prospects are good. In recent years, thanks to the sustained development of my country’s economy, the butylene carbonate market has continued to expand. However, the raw material for butylene carbonate production is mainly butylene oxide. Due to the high cost of raw materials and dependence on imports for demand, my country’s butylene carbonate production has been limited. It is low and not enough to meet the domestic market demand.