Neopentyl Glycol Research and Analysis: It is expected that the industry's production capacity will expand to 527,000 tons per year in 2022

Published Date: Wednesday,11 Jan,2023

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Neopentyl glycol belongs to the white material in the chemical industry. Under my troubles due to the new crown epidemic, the market price of the neopentyl glycol industry has been increasing, and the shortage of production capacity is gradually decreasing. The following is the development status of the neopentyl glycol industry in 2022.

Neopentyl glycol is widely used in my country. Most of it is used in the production of polyester resins for powder coatings and saturated polyester resins for steel coils. It is also used in chemical products such as unsaturated polyester resins and alkyd resins. . The development status of the neopentyl glycol industry points out that the end products cover the fields of automobile, textile, medicine, paint, pesticide, plastic and petroleum.

There are two industrial production routes: disproportionation method and hydrogenation method. The disproportionation method is that isobutyraldehyde and formaldehyde are condensed into HPA under the catalysis of liquid alkali, and then HPA and formaldehyde undergo disproportionation reaction under strong alkali conditions to form NPG; hydrogenation method Using triethylamine to catalyze condensation and catalytic hydrogenation at medium or high pressure to reduce HPA to NPG.


The development status of the neopentyl glycol industry points out that the disproportionation method is gradually being replaced by the hydrogenation method due to reasons such as high production cost, a large number of side reactions affecting product quality, and low process yield.

The data shows that with the growth of my country's demand for powder coatings and unsaturated resins, there is room for substantial growth in the consumption of neopentyl glycol.

In recent years, my country's neopentyl glycol production capacity has increased year by year. In 2021, my country's neopentyl glycol production capacity will be 447,000 tons/year, and it is expected to expand to 527,000 tons/year in 2022.

Apparent sales volume: With the deepening of the country's control over VOC emissions, the demand for powder coatings has entered a period of rapid growth, while the market consumption of neopentyl glycol has increased rapidly.

The data shows that the apparent consumption of neopentyl glycol in my country has grown rapidly, from 145,000 tons in 2012 to 340,000 tons in 2021, with a compound annual growth rate of 12.9%. It is expected to reach 375,000 tons in 2022.

At present, the number of major enterprises in the domestic neopentyl glycol industry is relatively small, and the market concentration is relatively high. Hengzhou Bozhi pointed out that enterprises with larger scale and more production capacity include Shandong Fufeng Pastor Chemical Co., Ltd., Wanhua Chemical Group Co., Ltd., Yangzi Petrochemical-BASF Co., Ltd., and BASF Jihua Neopentyl Glycol Co., Ltd. , Dongying Pusen Chemical Co., Ltd., etc., these companies occupy a relatively high market share in China.
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