Global sebacic acid demand up 5.3% year-on-year

Sebacic acid is an important organic compound and has been widely used in many fields. When preparing and using sebacic acid, it is necessary to pay attention to its safety performance and storage conditions. It is estimated that the global demand for sebacic acid will increase by 5.3% year-on-year in 2024.

The production capacity of sebacic acid industry is gradually expanding, which is mainly driven by the growth of downstream application demand, such as the rapid development of the nylon, plastic plasticizer and lubricant industries. The Asia-Pacific region, especially China, has become an important production region in the world due to the acceleration of industrialization and policy support, which makes the expansion of sebacic acid production capacity particularly significant. It is estimated that the global sebacic acid production capacity will increase by 14.1% in 2024.

The sebacic acid industry will show the trend of green and intelligent technology. Environmentally friendly production processes such as bio-fermentation and catalytic oxidation will gradually replace traditional methods to reduce energy consumption and pollution, and intelligent manufacturing and automation technologies will optimise production processes, improve efficiency and reduce resource waste.

With the progress of technology and diversification of market demand, sebacic acid also shows a strong growth momentum in several emerging fields. For example, in the automobile industry, sebacic acid is used to produce antifreeze and high performance lubricants; In the field of materials science, sebacic acid and other polymers are constantly innovating in blending and copolymerization technology, which makes it possible to manufacture lighter, stronger and more environmentally friendly products.