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Catechol Pricing Report 2024: Price Trend, Chart, Market Analysis, News, Demand, Historical and Forecast Data
Report Format: PDF+Excel | Report ID: SR112024A23647
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Catechol Prices December 2023
|
Product
|
Category | Region | Price |
|---|---|---|---|
| Catechol | Chemical | USA | 12958 USD/MT |
The price of catechol in the United States for Q4 2023 reached 12958 USD/MT in December.
Catechol Price Trend, Market Analysis, and News
IMARC’s newly published report, titled “Catechol Pricing Report 2024: Price Trend, Chart, Market Analysis, News, Demand, Historical and Forecast Data,” offers an in-depth analysis of catechol pricing, covering an analysis of global and regional market trends and the critical factors driving these price movements.
It encompasses an in-depth review of the spot price of catechol at major ports, a breakdown of prices including Ex Works, FOB, and CIF, alongside a region-wise dissection of catechol price trend across North America, Europe, Asia Pacific, Latin America, the Middle East and Africa.
The report examines the elements influencing catechol price fluctuations, such as changes in raw material costs, supply-demand dynamics, geopolitical factors, and industry-specific developments. Additionally, it integrates the latest market news, providing stakeholders with up-to-date information on market shifts, regulatory changes, and technological advancements, thereby offering a comprehensive overview that aids in strategic decision-making and forecasting.
Catechol Market Analysis
The global catechol market size reached US$ 167.5 Million in 2023. By 2032, IMARC Group expects the market to reach US$ 230.3 Million, at a projected CAGR of 3.60% during 2023-2032.
- Catechol is essential in the production of pesticides and fungicides used in agriculture. Its derivatives are utilized to create a wide range of agrochemical products that target specific pests and diseases, increasing agricultural productivity and efficiency. The use of catechol-based pesticides enhances crop protection, resulting in increased yield and quality agricultural output. According to the India Brand Equity Foundation, the Indian agrochemicals business is developing rapidly, with a compound annual growth rate (CAGR) of 9% from fiscal year 2025 to 2028. This expansion is expected to grow due to numerous causes, including government backing, improved company production capacity, expanding demand from local and foreign markets, and the introduction of new goods. Furthermore, India's agrochemical exports have grown significantly, with a 14% CAGR from 2019 to 2023, reaching $5.4 billion in 2023. This enormous figure highlights the vital significance of catechol derivatives in addressing the world's expanding food demand, which is driven by rising population and limited agricultural area. Hence, the use of catechol is essential for sustainable agriculture techniques that aim to increase crop yields while reducing environmental damage.
- Catechol compounds are widely employed in the cosmetics sector as they effectively change pigments. They are broadly employed in the production of hair dyes and skin-lightening lotions, helping to address customer demand for personal care goods with improved aesthetic appeal. The efficiency of catechol derivatives in safely modifying pigmentation has attracted a large customer base, contributing to the cosmetics market's rapid growth. For instance, according to IMARC Group's prediction, the global cosmetics market will rise to $618.7 Billion by 2032, with a compound annual growth rate (CAGR) of 4.8% between 2024 and 2032. Furthermore, the versatility of catechol in beauty products guarantees high-performance color modification outcomes while aligning with the industry's continual innovation and consumer-driven product development, emphasizing its critical position in the cosmetics sector globally.
- The catechol market is benefiting greatly from increased government expenditure in chemical research and development (R&D). According to data from the National Center for Science and Engineering Statistics (NCSES) of the National Science Foundation, the United States spent $789.1 Billion on research and experimental development (R&D) in 2021. Projections based on performance were at a total of $885.6 Billion in 2022. Businesses are spending $84.1 Billion more on R&D in 2022 than they did in 2021 and the catechol business is witnessing an increase in innovation and technical developments. This increased financing allows for further in-depth research into novel uses for catechol and its derivatives, notably in the development of more effective and ecologically friendly agrochemicals, medicines, and cosmetics.
Catechol News
The report covers the latest developments, updates, and trends impacting the global catechol market, providing stakeholders with timely and relevant information. This segment covers a wide array of news items, including the inauguration of new production facilities, advancements in catechol production technologies, strategic market expansions by key industry players, and significant mergers and acquisitions that impact the catechol price trend.
Latest developments in the catechol industry:
- November 2023: The necessity for better wet adhesives has induced research on materials encouraged by mussel adhesion, comprising dihydroxyphenylalanine (Dopa) (Dopa) and similar catechol analogs. ChemRxiv inquiries the adhesive qualities at the molecular level of catechol analogs, especially dihydroxybenzamide (DHB) and hydroxypyridinone (HOPO), and how pH impacts their stability. The results show that the molecular structure of these analogs influences their oxidation resistance in alkaline circumstances. Notably, HOPO has demonstrated significant potential as a contender for pH-resistant adhesives that may operate in a variety of environments.Top of Form
Product Description
Catechol, also known as pyrocatechol or 1,2-dihydroxybenzene, is an organic molecule that consists of a benzene ring with two adjacent hydroxyl groups. This chemical structure makes it an important intermediate in the manufacture of several compounds. Catechol is generally created by destructive distillation of wood or the hydroxylation of phenol. Its chemical properties make it a valuable precursor for the manufacture of pesticides, fragrances, pharmaceuticals, and pigments. Besides, in the pharmaceutical sector, catechol is deployed to make numerous medications, including those used to treat hypertension and Parkinson's disease. Adhesive and coating industries use catechol derivatives to improve polymer adhesion. In addition, catechol plays an important function in the synthesis of tastes and scents, providing depth and complexity to numerous products. Hence, its broad range of applications highlights its importance across numerous sectors across the globe.
Regional Coverage
The report provides a detailed analysis of the catechol market across different regions, each with unique pricing dynamics influenced by localized market conditions, supply chain intricacies, and geopolitical factors. This includes price trends, price forecast and supply and demand trends for each region, along with spot prices by major ports. The report also provides coverage of ex-works, FOB, and CIF prices, as well as the key factors influencing the catechol price trend.
Global Catechol Price
The report offers a holistic view of the global catechol pricing trends in the form of catechol price charts, reflecting the worldwide interplay of supply-demand balances, international trade policies, and overarching economic factors that shape the market on a macro level. This comprehensive analysis not only highlights the current price of catechol but also provides insights into historical price trends, enabling stakeholders to understand past fluctuations and their underlying causes.
The report also delves into price forecast models, projecting future price movements based on a variety of indicators such as expected changes in supply chain dynamics, anticipated policy shifts, and emerging market trends. By examining these factors, the report equips industry participants with the necessary tools to make informed strategic decisions, manage risks, and capitalize on market opportunities. Furthermore, it includes a detailed catechol demand analysis, breaking down regional variations and identifying key drivers specific to each geographic market, thus offering a nuanced understanding of the global pricing landscape.
Europe Catechol Price
European catechol prices are examined, highlighting the market-specific influences in the region, such as stringent environmental regulations, the competitive landscape, and import-export imbalances that significantly affect pricing structures.
This analysis can be extended to include detailed catechol price information for a comprehensive list of countries.
| Region | Countries Covered |
|---|---|
| Europe | Germany, France, United Kingdom, Italy, Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland, Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal, and Greece, among other European countries. |
North America Catechol Price
The analysis of catechol prices in North America delves into the regional industry dynamics, encompassing the impact of local production capacities and the trade flows between North America and other significant global markets.
Specific catechol historical data within the United States and Canada can also be provided.
| Region | Countries Covered |
|---|---|
| North America | United States and Canada |
Middle East and Africa Catechol Price
The report explores the catechol pricing trends in the Middle East and Africa, considering factors like regional industrial growth, the availability of natural resources, and geopolitical tensions that uniquely influence market prices.
In addition to region-wise data, information on catechol prices for countries can also be provided.
| Region | Countries Covered |
|---|---|
| Middle East & Africa | Saudi Arabia, UAE, Israel, Iran, South Africa, Nigeria, Oman, Kuwait, Qatar, Iraq, Egypt, Algeria, and Morocco, among other Middle Eastern and African countries. |
Asia Pacific Catechol Price
The catechol pricing trends in the Asia Pacific are examined, reflecting the role of the region as a major global production hub and consumer market, with price dynamics heavily influenced by supply chain efficiencies, regional demand surges, and policy shifts in major economies.
This catechol price analysis can be expanded to include a comprehensive list of countries within the region.
| Region | Countries Covered |
|---|---|
| Asia Pacific | China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Thailand, South Korea, Malaysia, Nepal, Taiwan, Sri Lanka, Hongkong, Singapore, Australia, and New Zealand, among other Asian countries. |
Latin America Catechol Price
The analysis of catechol prices in Latin America provides a detailed overview, reflecting the unique market dynamics in the region influenced by economic policies, industrial growth, and trade frameworks.
This comprehensive review can be extended to include specific countries within the region.
| Region | Countries Covered |
|---|---|
| Latin America | Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru, among other Latin American countries. |
Report Coverage
| Key Attributes | Details |
|---|---|
| Product Name | Catechol |
| Report Features | Exploration of Historical Trends and Market Outlook, Industry Demand, Industry Supply, Gap Analysis, Challenges, Catechol Price Analysis, and Segment-Wise Assessment. |
| Currency/Units | US$ (Data can also be provided in local currency) or Metric Tons |
| Region/Countries Covered | The current coverage includes analysis at the global and regional levels only. Based on your requirements, we can also customize the report and provide specific information for the following countries: Asia Pacific: China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Thailand, South Korea, Malaysia, Nepal, Taiwan, Sri Lanka, Hongkong, Singapore, Australia, and New Zealand* Europe: Germany, France, United Kingdom, Italy, Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland, Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal and Greece* North America: United States and Canada Latin America: Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru* Middle East & Africa: Saudi Arabia, UAE, Israel, Iran, South Africa, Nigeria, Oman, Kuwait, Qatar, Iraq, Egypt, Algeria, and Morocco* *The list of countries presented is not exhaustive. Information on additional countries can be provided if required by the client. |
| Information Covered for Key Suppliers |
|
| Customization Scope | The report can be customized as per the requirements of the customer |
| Report Price and Purchase Option |
Plan A: Monthly Updates - Annual Subscription
Plan B: Quarterly Updates - Annual Subscription
Plan C: Biannually Updates - Annual Subscription
|
| Post-Sale Analyst Support | 360-degree analyst support after report delivery |
| Delivery Format | PDF and Excel through email (We can also provide the editable version of the report in PPT/Word format on special request) |
Key Benefits for Stakeholders:
- IMARC’s report presents a detailed analysis of catechol pricing, covering global and regional trends, spot prices at key ports, and a breakdown of Ex Works, FOB, and CIF prices.
- The study examines factors affecting catechol price trend, including raw material costs, supply-demand shifts, geopolitical impacts, and industry developments, offering insights for informed decision-making.
- The competitive landscape review equips stakeholders with crucial insights into the latest market news, regulatory changes, and technological advancements, ensuring a well-rounded, strategic overview for forecasting and planning.
- IMARC offers various subscription options, including monthly, quarterly, and biannual updates, allowing clients to stay informed with the latest market trends, ongoing developments, and comprehensive market insights. The catechol price charts ensure our clients remain at the forefront of the industry.
Need more help?
- Speak to our experienced analysts for insights on the current market scenarios.
- Include additional segments and countries to customize the report as per your requirement.
- Gain an unparalleled competitive advantage in your domain by understanding how to utilize the report and positively impacting your operations and revenue.
- For further assistance, please connect with our analysts.
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