马来酸酐2024中国市场分析(英文)

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Succinic Anhydride Market Analysis

1.0 Market situation

In the global succinic anhydride market, the United States, Europe, and China are the

largest consumer markets. China is the world's largest producer of succinic anhydride and

occupies an important position in the global market.

In 2021, the global demand for succinic anhydride reached 32700 tons, a year-on-

year increase of 7.9%; The global demand for succinic anhydride in 2022 is 35500 tons, a

year-on-year increase of 8.6%.

Since 2023 succinic anhydride Chinese market size is showing a steady upward trend.

Market annual demand is over 20000 tons.

2.0 Price trend

The price trend from May 2023 to April 2024 is as follows:

3.0 Suppliers

There are few suppliers producing succinic anhydride worldwide, and the production

volume is not large. However, succinic anhydride has a wide range of uses, resulting in a

shortage of succinic anhydride supply worldwide. Suppliers producing succinic anhydride

in various countries around the world are all operating at full capacity to produce succinic

anhydride. At present China is also facing a situation of insufficient supply and demand for

succinic anhydride. Although there are many enterprises in China producing succinic

anhydride, but their capacity is not large and their output is relatively small. Due to the

significant importance of succinic anhydride for the development of downstream industries,

in order to encourage the development of the new materials industry, certain policy support

has also been provided.

Summary of recent years’ construction projects in China:

 Henan Energy and Chemical Group 6000 tons/year succinic anhydride project;

 Henan Energy and Chemical Group 50 000 tons/year succinic anhydride project

Note：Due to the financial problems of the construction side, the construction

progress of the project is slowly.

 HSUKO New Materials (Shandong) Co., Ltd 10000 tons/year succinic

acid/succinic anhydride project;

 Ningxia Tailong Biotechnology Co., Ltd 500 tons/year succinic anhydride

production line project.

 China Hengli Petrochemical Co., LTD 100,000 tons/year succinic acid project

4.0 Industry potential

In the field of chemical synthesis: succinic anhydride plays an important role in organic

synthesis reactions and can be used to synthesize various organic compounds, such as

medicine, fragrances, dyes, etc. With the advancement of technology and the continuous

emergence of new materials, the demand for high-purity and high-quality succinic

anhydride will continue to increase.

Polyester resin and plastic industry: Polyester resin is one of the main application

areas of succinic anhydride. Due to its excellent physical properties and plasticity, polyester

resin has a wide range of applications in plastic products, fibers, coatings, and other fields.

With people's attention to sustainable development, the demand for environmentally

friendly polyester resins is also increasing, which will further drive the demand for succinic

anhydride.

New materials field: With the continuous emergence of new materials, succinic

anhydride is expected to play a role in some emerging fields. For example, succinic

anhydride can be used to synthesize functional polymer materials, electronic materials,

polymer films, etc., and has potential applications in new energy, electronic devices, and

other fields.

International market demand growth: With the advancement of globalization and the

rise of emerging market economies, the demand for succinic anhydride in regions such as

Asia Pacific, Latin America, and the Middle East is expected to continue to grow. The rapid

development of chemical and manufacturing industries in these regions will drive an

increase in demand for succinic anhydride.

The deepening implementation of the "plastic restriction order": In the coming years,

the market size of degradable polyester in China will continue to expand, and as a raw

material to produce degradable polyester product PBS. Succinic anhydride will also usher

in broad development prospects. For those with abundant liquefied gas resources

enterprise, the construction of liquefied gas → maleic anhydride→ succinic anhydride →

PBS Industrial chain, using liquefied gas as raw material to produce maleic anhydride, and

then using maleic anhydride catalytic hydrogenation method to produce maleic anhydride

to produce succinic anhydride, and further synthesize PBS has better development

potential.

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标签： #马来酸酐 2024中国市场分析

摘要：

SuccinicAnhydrideMarketAnalysis1.0MarketsituationIntheglobalsuccinicanhydridemarket,theUnitedStates,Europe,andChinaarethelargestconsumermarkets.Chinaistheworld'slargestproducerofsuccinicanhydrideandoccupiesanimportantpositionintheglobalmarket.In2021,theglobaldemandforsuccinicanhydridereached32700ton...

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马来酸酐2024中国市场分析(英文)

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