Polyether_Polyether Polyol News Diethylene glycol (DEG) production and demand continues to rise, and industry development prospects are good

Diethylene glycol (DEG) production and demand continues to rise, and industry development prospects are good

Diethylene glycol (DEG) production demand continues to rise, and the industry has good development prospects

Diethylene glycol (DEG), also known as diethylene glycol and diethylene glycol ether, is a colorless and transparent liquid, mainly used as a solvent, mainly produced by the reaction of ethylene oxide and ethylene glycol. Diethylene glycol can produce a variety of downstream products, including triethylene glycol, diethylene glycol amine, 1,4-dioxane, diethylene glycol dibenzoate, N-methylmorpholine, morpholine, and polyester polyol. , diethylene glycol bis-allyl carbonate, diethylene glycol mono(bis)butyl ether and other products are widely used in fiber lubricants, tobacco anti-drying agents, resin plasticizers, natural gas desiccants and other fields.
“2020-2024 China Diethylene Glycol (DEG) Industry Market Monitoring and Future Development Prospects Research Report” compiled and released by the Industrial Research Center shows that benefiting from the development of terminal industries, my country’s diethylene glycol market demand is showing a growth trend. In 2020, domestic diethylene glycol consumption will be approximately 1.3 million tons, an increase of 22% year-on-year. In terms of the application market structure, the application market of diethylene glycol has undergone major changes in 2019 and 2020. In 2019, diethylene glycol was mainly used in the field of unsaturated resins, accounting for about 50% of the market, followed by polyethylene glycol. The ester field accounts for 18% and polyurethane accounts for 13%. However, in 2020, the application proportion of diethylene glycol in the field of unsaturated resins was only about 41%. The demand in the polyester field showed a high growth rate, accounting for 32%, and the proportion of polyurethane also reached 18%.
Analyzing the main downstream markets of diethylene glycol, unsaturated resins will enter the stage of market structure restructuring in 2020, with production capacity rapidly merging and some backward production capacities being eliminated; the polyester industry is in a stage of rapid upgrading of production capacity and technology, and the demand for diethylene glycol is showing Steady growth trend. As the main downstream application of diethylene glycol, the polyester industry production capacity is still on a growth trend in 2021. It is expected that China’s polyester production capacity will reach 68.5 million tons by the end of 2021, which will drive the continued growth of diethylene glycol demand.
In terms of production, the current domestic diethylene glycol manufacturers include Tianjin Petrochemical, Yangzi Petrochemical, Sanjiang Chemical, Maoming Petrochemical, Fude Energy, Far Eastern United, Shanghai Petrochemical and other enterprises. As demand continues to rise, my country’s diethylene glycol production capacity is also growing. In 2020, my country’s diethylene glycol production will be approximately 520,000 tons. In 2021, companies such as Shenghong Refining and Chemical, Satellite Petrochemical, and Zhejiang Petrochemical will have equipment put into operation. Although my country’s diethylene glycol production capacity shows a growth trend, there is still a large gap between actual domestic supply and demand. my country’s diethylene glycol import dependence is high. In 2020, my country’s diethylene glycol imports reached more than 800,000 tons, and increased year-on-year. 10%.
Industry analysts said that diethylene glycol is widely used in downstream applications. Driven by the development of terminal industries, the market demand for diethylene glycol is showing a growth trend. , domestic diethylene glycol production capacity and output continue to rise. Although my country’s diethylene glycol production shows a steady growth trend, domestic diethylene glycol imports remain at a high level, and there is room for domestic substitution in the future diethylene glycol market.
This article is from the Internet, does not represent the position of Toluene diisocyanate reproduced please specify the source.https://www.polyether-factory.com/archives/8303

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