In the chemical industry, dipentaerythritol is emerging as a focal point — with a price increase of over 300% and a global production capacity contraction of 30%. This phenomenon is the result of the convergence of AI computing power, the new energy wave, and industrial structural adjustment.
1. Market: The "Skyrocketing" of Dipentaerythritol and the "Steadiness" of Pentaerythritol
Dipentaerythritol: On the supply side, the 40,000-ton capacity of Hubei Yihua will be suspended until Q4 2026, and the 30,000-ton plant of an enterprise in Inner Mongolia is undergoing technical transformation, leading to a 30% reduction in global production capacity. On the demand side, AI drives the demand for high-end PCB inks (accounting for more than 40% in UV-curable inks), and the application of lithium battery electrolyte additives is booming. As a result, the price has soared from 32,000 RMB/ton to 65,000-100,000 RMB/ton.
Pentaerythritol: Driven by traditional applications, it maintains stable growth. The demand in the coating and lubricating oil sectors accounts for more than 65%, and the market size is expected to reach 1.085 billion USD by 2032.
2. Industrial Chain: Upstream Costs and Downstream Changes
Upstream, formaldehyde and acetaldehyde account for more than 86% of the costs, and their price fluctuations directly affect corporate profits. Downstream, AI computing power, new energy vehicles, and aerospace drive demand, while the traditional coating and lubricating oil sectors maintain resilience.
3. Opportunities: Emerging Applications and Technological Upgrading
Emerging Sectors: The demand for high-end PCB UV-curable inks increases by 2,000 tons annually due to AI computing power. Aerospace special materials have high technical barriers. The transition to green coatings benefits dipentaerythritol derivatives.
Technological Innovation: Optimization of production processes (improving conversion rates, green processes), development of high-purity (99.9%+) and functional modified products, and provision of customized solutions.
4. Risks: Price, Policy, and Competition
The high price may decline due to the release of production capacity in 2026. Fluctuations in raw material prices and stricter environmental policies increase costs. The industry has a high degree of concentration and fierce international competition, so enterprises need to strengthen technology and risk control.
Outlook: In the short term, the supply-demand imbalance of dipentaerythritol will continue. In the medium term, emerging sectors and technological innovation will drive growth. In the long term, enterprises' technological breakthroughs and risk control capabilities will determine the market pattern.
