Antioxidant industry Report Antioxidant industry status and development direction analysis 2023

In recent years, with the rapid development of aerospace, new energy, rail transit and special equipment industries, the production and sales of polymer materials represented by plastics, synthetic rubber and chemical fiber materials have maintained a steady growth. The rapid growth of the polymer material industry has also brought good development space for the plastic additive industry, including antioxidants.

I. Definition of antioxidants

Antioxidants, "antioxidants," are substances that block the adverse effects of oxygen. It is a class of substances that help trap and neutralize free radicals, thereby removing their damage to the body.

Antioxidants are food additives that can prevent or delay food oxidation, improve food stability and prolong storage life. The proper use of antioxidants can not only prolong the storage and shelf life of food, bring good economic benefits to producers and consumers, but also bring better food safety to consumers.

Ii. Status quo of antioxidant industry

In recent years, with the rapid development of aerospace, new energy, rail transit and special equipment industries, the production and sales of polymer materials represented by plastics, synthetic rubber and chemical fiber materials have maintained a steady growth. The rapid growth of the polymer material industry has also brought good development space for the plastic additive industry, including antioxidants.

In view of the current global trend, the output will always grow at a fast growth trend, while China's output growth is very fast, and it is also a big producer in the world. At present, many companies have started to invest in China to build factories to produce antioxidants, so China's output will always increase.

According to the Research Report on Investment Prospect Analysis and Supply-Demand Pattern of Antioxidant Market in 2022-2027 by Zhongyan Industrial Research Institute:

At present, antioxidants have been widely used in production, life, technology and other fields in the world. Due to the development of China and the global economy, people's demand for material life has increased, and the demand for antioxidants is also gradually expanding.

At present, China has reached or approached the advanced level of foreign countries in the field of general antioxidants, such as 1010, 1076, 168 and other products, the performance and indicators can basically meet the demand of polyolefin market, and the domestic competition is relatively full. However, in the field of specialized antioxidants, there is still a certain gap between local enterprises and overseas giants, and a considerable amount of quality still needs to rely on imports. After nearly ten years of rapid development, Leanlong has formed a competitive trend with BASF. It is expected that the rapid expansion of domestic olefin production will bring about an additional demand of 100,000 to 150,000 tons of antioxidants. Enterprises with financial advantages and technical strength are expected to seize more market shares.

The proper use of antioxidants is of great help to enhance the product value and ensure food safety, so it has received much attention in various industries. At present, China is not only a major producer of antioxidants in the world, but also an application country of the products, so the development of antioxidants in our country is good. In terms of production, some large-scale production enterprises of antioxidants have been formed in our country, and the market concentration is relatively high.

Iii. Basic Overview of the Enterprise

Domestic enterprises started late in the field of antioxidant, the industry concentration is not high, the scale of individual enterprises is small, and there are still deficiencies in product quality, research and development management. However, with the gradual improvement of research and development capacity of plastic additives including antioxidants in China, as well as the rapid expansion of market capacity brought by economic growth, domestic antioxidant enterprises are showing a trend of agglomeration development, and the number of large-scale enterprises is increasing rapidly. At present, an antioxidant industry cluster has been formed around Bohai Bay and Yangtze River Delta.

Leon is a leading global supplier of anti-aging additives and technologies for polymer materials. Its main products include antioxidants, antioxidants and total solution U-pack. Existing 6 production bases: Tianjin Hangu Base, Ningxia Zhongwei Base, Zhejiang Changshan base, Hebei Hengshui Base, Guangdong Zhuhai base, Inner Mongolia Chifeng base.

Yingkou Fengguang New Materials Co., Ltd. is mainly engaged in the production and research and development of high efficiency rubber and plastic additives series products. The products are mainly single agent products such as blocked phenolic main antioxidant, phosphite ester auxiliary antioxidant, etc. On this basis, according to the needs of customers, we have successfully developed integrated additive products, providing one-stop polymer material additive solutions and products.

Iv. Analysis of the development direction of antioxidant industry

Due to concerns about the safety of synthetic antioxidants, it is a future trend to gradually replace synthetic antioxidants with natural antioxidants. The 21st century is an era of vigorous development of all kinds of new materials. As an indispensable stabilizing agent for organic polymer materials, antioxidants will certainly show huge market potential. The development of practical, efficient and low-cost natural antioxidants will be the focus of antioxidant research.

With the attention to food safety and in-depth research, many natural substances have been found to have strong toxicity, therefore, toxicology, mutagenesis, carcinogenesis and other tests should still be passed when determining the use of a natural antioxidant.

Antioxidants have become a new focus in the health products industry, with beauty products and pigmented nutrition products (which provide nutrients through natural food pigments) such as antioxidants and vitamins being two of the big emerging areas.

China is the largest antioxidant production country in Asia, and the largest domestic antioxidant production enterprises include Linyi Sanfeng, Tianjin Lianlong, Baifu Chemical, BASf Highbridge, etc.

From the perspective of industrial structure, most Chinese antioxidant enterprises mainly produce hindered phenolic antioxidants and organic phosphite esters, and their combined production capacity accounts for about 94%. It can be seen that Chinese antioxidant products are relatively simple.

In the long run, with the upgrading of market demand and intensifying market competition, the antioxidant industry will gradually upgrade to the direction of safety, high-end, diversification and naturalization. In the future, enterprises with high-end antioxidant production capacity and innovation ability will have more development advantages.