The global market size of phthalaldehyde is showing a steady expansion trend
2023/12/26
Analysis of the ortho phthalaldehyde industry
At present, o-phthalaldehyde is widely used in chemical industry, dye, medicine, essence and other industries. For example, in the dye industry, ortho phthalaldehyde can be used as an important synthetic raw material for synthesizing various pigments and dyes; In the pharmaceutical industry, it can be used to synthesize some pharmaceutical intermediates; In the essence industry, it can be used as one of the raw materials for the synthesis of essence; In the resin industry, ortho phthalaldehyde can be used to synthesize phenolic resins, etc.
The global market size of phthalaldehyde is showing a steady expansion trend. In 2023, the global sales revenue of phthalaldehyde will reach 650 million yuan. Analysis of the current situation of the phthalaldehyde industry predicts that it will reach 940 million yuan by 2030, with a compound growth rate (CAGR) of 5.41% from 2023 to 2030. At present, the market for ortho phthalaldehyde in China is still in a low-level development stage, with generally low prices and fierce industry competition. Due to the growth of market demand and the rise in raw material prices, the price of ortho phthalaldehyde has also increased, and competition in the market is becoming increasingly fierce.
From the perspective of the global market, Europe and America are the main consumer markets for ortho phthalaldehyde, accounting for more than 50% of the total global consumption of ortho phthalaldehyde. With the development of the Chinese economy, the demand for ortho phthalaldehyde in the Chinese market is also increasing year by year, and China has become one of the important countries for the production and consumption of ortho phthalaldehyde. The production capacity of ortho phthalaldehyde is increasing year by year, especially in the Chinese market where demand is growing while production is also expanding. With the strengthening supervision and enforcement of environmental protection by the country, as well as the requirements for safety production, ortho phthalaldehyde manufacturers need to make positive responses in terms of technological upgrading and energy structure adjustment
Production process of ortho phthalaldehyde
Oxidation reaction: Analysis of the current situation of the ortho phthalaldehyde industry shows that benzene and formaldehyde are added to a reaction vessel in a certain molar ratio, and then oxygen or air is introduced to undergo oxidation reaction under the action of a catalyst. Commonly used catalysts include metal salts such as cobalt, manganese, and copper, and require control of reaction temperature and pressure.
Separation and purification: After the reaction is completed, the reaction mixture needs to be separated and purified. Usually, distillation, crystallization, extraction and other methods are used to extract the target product, ortho phthalaldehyde, from the reaction product and remove impurities.
Refinement treatment: Further refine the obtained ortho phthalaldehyde to ensure that the purity and quality of the product meet the requirements. The production process of ortho phthalaldehyde needs to consider safety and environmental protection factors, control the emission of harmful waste gases, and prevent environmental pollution. Therefore, in industrial production, it is necessary to strictly comply with relevant environmental regulations and safety standards, and take effective measures to reduce the impact on the environment.
Overall, the domestic market size of ortho phthalaldehyde is gradually expanding, which provides broad development opportunities for enterprises. However, when participating in market competition, enterprises need to closely monitor factors such as market changes, technological innovation, and policy orientation to adapt to market demand and achieve sustainable development.
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