Formic acid is an organic chemical raw material. In organic synthesis, formic acid can be used to synthesize pharmaceuticals, pesticides, dyes, auxiliaries, and other organic intermediates, etc. In the leather industry, formic acid is used as a substitute for inorganic synthetic acid for the deliming, depilation, and application of tanning. And lime and prevent mildew in wet leather; in the textile printing and dyeing industry, for acidic rinsing. Formic acid can also be used for the preservation of green fodder and cereals, and has obvious functions of inhibiting or preventing the growth of mold; formic acid can also be used as an acid coagulant for latex and a coagulant for cement. According to expert analysis, it is expected that the application of formic acid will have a very broad prospect.
According to reports, in 2005 the global formic acid production capacity reached 560,700 tons/year, of which Western Europe was 371,000 tons/year, Asia Pacific region (excluding Japan) 176,000 tons/year, USA 25,000 tons/year, and India 22,700 tons /year, Japan 12,000 tons / year. Western Europe is the world's largest formic acid consumption region. In 2005, it consumed more than 217,600 tons, and in the Asia-Pacific region, 147,000 tons. The Middle East, the United States, and Japan consumed 17,800 tons, 17,600 tons, and 13,100 tons, respectively.
In 2005, the total global formic acid demand was 443,100 tons. Because of poor profitability, BP and Celanese decided to close production facilities in the United Kingdom and the United States by mid-2008. In addition, China's Yangba Company invested in the formic acid plant in Nanjing in mid-2005, and Perstorp in Sweden also expanded the plant to 40,000 tons/year at the end of last year. The formic acid price is mainly determined by the concentration and purity of the active substance. The formic acid price of 85% in Europe in the second quarter was 0.50-0.59 EUR/kg, and the contract price in the United States and Asia Pacific in June this year was 0.70-0.77 USD/kg and 0.63 respectively. -0.78 USD/kg.
Industrial formic acid production mainly includes four process routes of sodium formate, formamide, butane (or light oil) liquid phase oxidation and methyl formate hydrolysis.
The sodium formate method is the traditional method of production of formic acid, but the labor conditions are poor and the pollution is serious. Many industrialized countries have eliminated this law, but the vast majority of formic acid producers in China still use this method. The carboxamide process developed by Germany's BASF has been eliminated due to high production costs. The butane (or light oil) liquid phase oxidation process is a production method for simultaneous production of acetic acid and formic acid. For each ton of acetic acid produced, 0.05 to 0.25 ton of formic acid can be by-produced. It was once formic acid produced abroad in the 1970s. The main method, later with the industrialization of methanol low pressure oxo synthesis acetic acid technology, this method has no future development, and now most butane (or light oil) liquid phase oxidation device has been suspended. At present, foreign formic acid production mainly uses methyl formate hydrolysis, which accounts for more than 80% of total formic acid production capacity.
In 2005, the total global formic acid demand was 443,100 tons, and the global demand for formic acid in the next four years is expected to increase at an annual rate of 3.3%. The demand growth in the Asia Pacific region will reach 4.6%/year, and the demand in Africa and the Middle East will The growth rate in 3.5%/year continues to grow. The growth rate in the Americas is expected to be 3%/year, the demand growth in Western Europe is about 2.6%/year, and the growth rate in Japan is 1.9%/year. In the next four years, 38,000 tons/year of production capacity will be put into use globally, of which Iran's 10,000 tons/year and China's 20,000 tons/year will be put into operation in 2007.
According to reports, in 2005 the global formic acid production capacity reached 560,700 tons/year, of which Western Europe was 371,000 tons/year, Asia Pacific region (excluding Japan) 176,000 tons/year, USA 25,000 tons/year, and India 22,700 tons /year, Japan 12,000 tons / year. Western Europe is the world's largest formic acid consumption region. In 2005, it consumed more than 217,600 tons, and in the Asia-Pacific region, 147,000 tons. The Middle East, the United States, and Japan consumed 17,800 tons, 17,600 tons, and 13,100 tons, respectively.
In 2005, the total global formic acid demand was 443,100 tons. Because of poor profitability, BP and Celanese decided to close production facilities in the United Kingdom and the United States by mid-2008. In addition, China's Yangba Company invested in the formic acid plant in Nanjing in mid-2005, and Perstorp in Sweden also expanded the plant to 40,000 tons/year at the end of last year. The formic acid price is mainly determined by the concentration and purity of the active substance. The formic acid price of 85% in Europe in the second quarter was 0.50-0.59 EUR/kg, and the contract price in the United States and Asia Pacific in June this year was 0.70-0.77 USD/kg and 0.63 respectively. -0.78 USD/kg.
Industrial formic acid production mainly includes four process routes of sodium formate, formamide, butane (or light oil) liquid phase oxidation and methyl formate hydrolysis.
The sodium formate method is the traditional method of production of formic acid, but the labor conditions are poor and the pollution is serious. Many industrialized countries have eliminated this law, but the vast majority of formic acid producers in China still use this method. The carboxamide process developed by Germany's BASF has been eliminated due to high production costs. The butane (or light oil) liquid phase oxidation process is a production method for simultaneous production of acetic acid and formic acid. For each ton of acetic acid produced, 0.05 to 0.25 ton of formic acid can be by-produced. It was once formic acid produced abroad in the 1970s. The main method, later with the industrialization of methanol low pressure oxo synthesis acetic acid technology, this method has no future development, and now most butane (or light oil) liquid phase oxidation device has been suspended. At present, foreign formic acid production mainly uses methyl formate hydrolysis, which accounts for more than 80% of total formic acid production capacity.
In 2005, the total global formic acid demand was 443,100 tons, and the global demand for formic acid in the next four years is expected to increase at an annual rate of 3.3%. The demand growth in the Asia Pacific region will reach 4.6%/year, and the demand in Africa and the Middle East will The growth rate in 3.5%/year continues to grow. The growth rate in the Americas is expected to be 3%/year, the demand growth in Western Europe is about 2.6%/year, and the growth rate in Japan is 1.9%/year. In the next four years, 38,000 tons/year of production capacity will be put into use globally, of which Iran's 10,000 tons/year and China's 20,000 tons/year will be put into operation in 2007.