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Detergent Alcohol Pricing Report 2024: Price Trend, Chart, Market Analysis, News, Demand, Historical and Forecast Data
Report Format: PDF+Excel | Report ID: SR112024A22458
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Detergent Alcohol Prices December 2023
|
Product
|
Category | Region | Price |
|---|---|---|---|
| Detergent Alcohol | Specialty Chemical | USA | 1701 USD/MT (C12-15) |
| Detergent Alcohol | Specialty Chemical | China | 1335 USD/MT (C12-14) |
| Detergent Alcohol | Specialty Chemical | Germany | 1817 USD/MT (C12-14) |
The detergent alcohol prices in the United States for Q4 2023 reached 1701 USD/MT in December. The market faced challenges from low stock availability and restricted production. Prices were influenced by rising energy costs and increased inquiries from personal care industries, which supported a general price increase. The market also adjusted to significant hike in interest rate aimed at managing inflation.
The price trend for detergent alcohol in China for Q4 2023 settled at 1335 USD/MT in December. The market observed mixed trends with initial price increases due to strong demand from the personal care industry. However, towards the end of the quarter, prices slightly declined as producers adjusted production to align with the somewhat subdued demand, maintaining market balance.
In Germany, the detergent alcohol prices for Q4 2023 reached 1817 USD/MT in December. The market mirrored broader European trends with notable price reductions. This reflected a dip in demand from personal care and an overall decrease in manufacturing activities, compounded by lower energy costs and adjusted production schedules during the off-season.
Detergent Alcohol Price Trend, Market Analysis, and News
IMARC’s newly published report, titled “Detergent Alcohol Pricing Report 2024: Price Trend, Chart, Market Analysis, News, Demand, Historical and Forecast Data,” offers an in-depth analysis of detergent alcohol 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 spot price of detergent alcohol at major ports, a breakdown of prices including Ex Works, FOB, and CIF, alongside a region-wise dissection of detergent alcohol price trend across North America, Europe, Asia Pacific, Latin America, the Middle East and Africa.
The report examines the elements influencing detergent alcohol 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.
Detergent Alcohol Market Analysis
The global detergent alcohol market size reached US$ 7.7 Billion in 2023. By 2032, IMARC Group expects the market to reach US$ 12.5 Billion, at a projected CAGR of 5.50% during 2023-2032.
- The growing awareness among the masses about environmental concerns is catalyzing the demand for detergent alcohols derived from renewable sources like natural oil and fats.
- The detergent alcohol demand is further amplified by its utilization as a multi-purpose cleaner for household and industrial use to provide effective cleaning across various surfaces, such as countertops, floors, and appliances.
- As per United Nations Children's Fund (UNICEF), 3 out of 4 people had access to basic hygiene services in 2022. The increasing focus on personal hygiene is driving the demand for hand sanitizers, hand soaps, and other hand hygiene products. Detergent alcohols, due to their antimicrobial properties, are key ingredients in these formulations.
- According to the IMARC Group’s report, the global beauty and personal care products market is expected to reach US$ 759.3 Billion by 2032. Detergent alcohol is gaining traction in beauty and personal care products, such as hand soaps and body washes, for their cleansing and foaming properties.
- Key players are innovating to develop detergent alcohols with enhanced properties, such as improved cleaning efficacy, better foam stability, and compatibility with other ingredients, to meet evolving individual preferences and market demands.
- Ongoing advancements in manufacturing processes and technologies are leading to improving their availability and affordability in the market.
- Rising preferences for concentrated cleaning products among people due to their reduced packaging waste and lower environmental footprint are encouraging leading manufacturers to develop detergent alcohol-based formulations with higher concentrations.
- The growing employment of detergent alcohol in the agriculture and horticulture industries for cleaning equipment and greenhouse surfaces is propelling the growth of the market.
Detergent Alcohol News
The report covers the latest developments, updates, and trends impacting the global detergent alcohol 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 detergent alcohol production technologies, strategic market expansions by key industry players, and significant mergers and acquisitions that impact the detergent alcohol price trend.
Latest developments in the detergent alcohol industry:
- In 2021, Sasol Chemicals announced an agreement with Univar Solutions for the distribution of its chemical business of alcohols and surfactants in the personal care product market of US and Canada.
- In 2022, Kao Corporation a Japanese global chemical and cosmetics company has decided to build a new tertiary amine production plant in Texas, United States, to meet growing demand for sterilizing and cleaning applications.
Product Description
Detergent alcohol is a fatty alcohol derived from natural sources, such as coconut or palm oil, or synthesized from petrochemicals. It consists of surfactant properties that help in reducing surface tension and facilitate the removal of dirt, grease, and stains from surfaces. It is valued for its ability to create stable forms, enhance the cleaning surface of products, and improve their overall performance.
Detergent alcohol is soluble in water, making it easy to formulate into liquid cleaning products. In many formulations, this alcohol can contribute to the mildness of the product, which makes it gentle on the skin and surfaces. It is compatible with various other ingredients utilized in cleaning formulations.
Detergent alcohol is used as a key ingredient in laundry detergents. It is also utilized in dishwashing liquids to cut through grease and food residues. Besides this, it is employed in industrial settings to remove heavy oils, soils, and residues from machinery, equipment, and surfaces.
Regional Coverage
The report provides a detailed analysis of the detergent alcohol 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 detergent alcohol price trend.
Global Detergent Alcohol Price
The report offers a holistic view of the global detergent alcohol pricing trends in the form of detergent alcohol 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 but also provides insights into detergent alcohol historical price trends, enabling stakeholders to understand past fluctuations and their underlying causes.
The report also delves into detergent alcohol 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 detergent alcohol 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 Detergent Alcohol Price
The market in Europe experienced a downward trend in the fourth quarter of 2023, characterized by steady to low demand from end use sectors. The market felt the impact of decreased orders from personal care sector, a drop in prices of natural gas, and reduced manufacturing activities. Noteworthy was the major price fluctuation in Germany, reflecting broader market sentiments that turned bearish during the peak winter off-season. Companies in the region also undertook scheduled maintenance to manage pressures from rising inventories, which contributed to lower operating rates, while the support from palm oil costs remained minimal, reflecting its reduced prices.
This analysis can be extended to include detailed detergent alcohol 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 Detergent Alcohol Price
In the fourth quarter of 2023, the market in North America experienced a noticeable increase in demand from end use sectors, which contributed to a gradual rise in prices. Simultaneously, the market conditions were further enhanced by the lowering inflation rate across the region. However, challenges were also present due to constrained manufacturing output and a limited presence of finished stocks. Rising costs of crude oil further escalated the production expenses. Additionally, palm oil supply was restricted to the personal care industries due to high demand from biofuel sector, further complicating the market landscape. Amidst these conditions, vendors in December adopted strategic price reductions during the destocking period to encourage new orders, despite a slowdown in exports caused by weaker global demand.
Specific detergent alcohol 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 Detergent Alcohol Price
The report explores the detergent alcohol 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 detergent alcohol prices for countries can also be provided.
| Region | Countries Covered |
|---|---|
| Middle East and 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 Detergent Alcohol Price
In the Asia Pacific, the market during Q4 2023 saw a steady to low trend, particularly from the personal care sector as economic conditions stabilized. The demand from detergent and surfactant industries was met by adequate supply levels in the market. In India, strong purchasing activity was noted throughout the period. Although destocking led to price reductions in December, lower freight rates and palm oil prices, owing to high inventories in major exporting countries like Malaysia and Indonesia, helped in reducing production costs. China, however, experienced fluctuating prices with a notable rise in November followed by a slight decline in December, reflecting a balancing act between maintaining market balance and responding to tepid year-end demand.
This detergent alcohol 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 Detergent Alcohol Price
The analysis of detergent alcohol 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 | Detergent Alcohol |
| Report Features | Exploration of Historical Trends and Market Outlook, Industry Demand, Industry Supply, Gap Analysis, Challenges, Detergent Alcohol 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 detergent alcohol 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 detergent alcohol 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 detergent alcohol 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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