Competition in the hexafluorobisphenol A industry intensifies and the industry faces greater pressure for transformation and upgrading

Hexafluorobisphenol A, also known as bisphenol AF, or BPAF for short, has a molecular formula of C15H10F6O2 and is a white crystalline powder at room temperature. It is an important organic intermediate. Hexafluorobisphenol A can also be used as a monomer to synthesize fluorine-containing polyimide, fluorine-containing polyester, fluorine-containing polyaryl ether, fluorine-containing polyetherketone, fluorine-containing polycarbonate, fluorine-containing epoxy resin, etc. Fluoropolyurethane and other fluoropolymers.

Polymers containing hexafluorobisphenol A can be used as gas separation membranes, proton exchange membranes, dielectric coatings, optical fiber sheaths, photoelectric tube substrates, adhesives, etc., and are widely used in microelectronics, fuel cells, optics, and space technology and other fields.

Foreign research on the production of hexafluorobisphenol A started earlier and has advanced technology. The main suppliers include DuPont of the United States, Solvay Sulex of Italy, Greene Tweed of the United States, and Daikin Industries of Japan. my country’s research on new chemical materials started in the mid-1950s, focusing on materials used in national defense, electronics, aerospace and other fields. In the 1970s, hexafluorobisphenol A began to be used in the fluorine rubber vulcanization system and achieved good application results. It is another important component of the fluorine rubber vulcanization system with industrial significance after the amine vulcanization system.

Hexafluorobisphenol A is a niche chemical product with limited market volume and low market momentum. In addition, there are certain technical barriers, resulting in a small number of companies in the industry. The main companies include Sanming Haisifu Chemical Co., Ltd., Zhejiang Nuocheng Technology Development Co., Ltd., Jiangsu Fusai Yide Pharmaceutical Co., Ltd., and Sinochem Blue Sky Group Co., Ltd., the market presents an oligopoly competition pattern.

According to the released “2023-2028 China Hexafluorobisphenol A Industry Market Monitoring and Future Development Prospects Research Report“, In 2022, the demand for hexafluorobisphenol A will be 193 million yuan, and the demand will decline. Due to the decline in market demand for hexafluorobisphenol A, companies have lowered product quotations to compete for market share, resulting in lower prices for hexafluorobisphenol A. Overall, the intensified competition in the hexafluorobisphenol A industry may cause companies in the hexafluorobisphenol A industry to lower prices against each other, thereby weakening the profitability of industry companies.

Analysts believe that in the future, based on the development trend of domestic fluorine rubber, semiconductor and other downstream industries, China’s hexafluorobisphenol A market demand will Maintain the growth trend, but the demand growth rate will remain at a low level. Hexafluorobisphenol A industry enterprises may seek transformation according to the market development trend, such as the production of o-aminobisphenol AF (hexafluorobisphenol A) and other types of Fluorine chemical products to enrich product lines, expand business scope and diversify market risks.

In addition, as domestic environmental protection policies and safety production policies become stricter, chemical companies including hexafluorobisphenol A will receive more attention from relevant departments, and the environmental protection and safety production supervision pressure faced by hexafluorobisphenol A will increase. This may prompt some companies to move their hexafluorobisphenol-A production lines from the southeastern coastal areas to the central and western regions where environmental protection policies are more relaxed.