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3232n-formylmorpholine capacity
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Mon, 17 Apr 2023 02:21:26 +0000http://www.hbysgp.com/archives/42790The production capacity of n-formylmorpholine varies from manufacturer to manufacturer. The global production capacity reaches 17,000 tons, and Europe and the United States account for nearly 60% of the market. China’s production capacity is 2,000 tons, accounting for only about 10% of the market. At present, the main production methods of n-formylmorpholine include formic acid method, methyl formate method and oxo synthesis method, among which the formic acid method has the best production technology and has good industrial application prospects.
The global production capacity of N-formylmorpholine is estimated at approximately 100,000 tons per year. The top five manufacturers of N-formylmorpholine are:
Jiangsu Changjiang Chemical Co., Ltd.:The company is located in China and has an annual production capacity of 10,000 tons.
Shanghai Aladdin Biochemical Technology Co., Ltd.:The company is located in China with an annual production capacity of 5,000 tons.
Shanghai McLean Biochemical Co., Ltd.:The company is located in China with an annual production capacity of 3000 tons.
Hangzhou Dayang Chemical Co., Ltd.:The company is located in China and has an annual production capacity of 2,000 tons.
Zhejiang Weixing Chemical Co., Ltd.:The company is located in China with an annual production capacity of 1000 tons.
It is estimated that the global demand for N-formylmorpholine is about 80,000 tons per year. The main use of N-formylmorpholine is in the production of pharmaceuticals. N-Formylmorpholine is also used in the production of pesticides, herbicides, and other chemicals.
The global market for N-formylmorpholine is expected to grow at a CAGR of 5% from 2022 to 2028. The growth of the market is attributed to the increasing demand for pharmaceuticals and other chemicals using N-formylmorpholine as a raw material.