Isothiazolinone Price Trend

Isothiazolinone Prices December 2023

The price of isothiazolinone in China for Q4 2023 reached 1710 USD/MT (Isothiazolinone MIT 14%). Initially, the market experienced a bearish trend due to the diminished demand from both domestic and international markets. The oversupply situation further declined the pricing dynamics. Moreover, the sluggish economic recovery and weak manufacturing activities in the country contributed to the reduced demand for isothiazolinone. The Chinese market witnessed the most fluctuating price trend owing to lowered domestic demand for isothiazolinone, while international consumption impacted the price trend. Furthermore, the lunar holidays in the country provided temporary relief. These downward price fluctuations were driven by destocking practices and low domestic demand, and there were no major improvements in the construction sector in Q4. Overall, the isothiazolinone market in the country was influenced by bearish downstream market conditions, low regional demand, and oversupply.

Isothiazolinone Price Trend, Market Analysis, and News

IMARC’s newly published report, titled “Isothiazolinone Pricing Report 2024: Price Trend, Chart, Market Analysis, News, Demand, Historical and Forecast Data,” offers an in-depth analysis of isothiazolinone 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 isothiazolinone at major ports, a breakdown of prices including Ex Works, FOB, and CIF, alongside a region-wise dissection of isothiazolinone price trend across North America, Europe, Asia Pacific, Latin America, the Middle East and Africa.

The report examines the elements influencing isothiazolinone 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.

Isothiazolinone Market Analysis

The global isothiazolinone market size reached 52 Thousand Tons in 2023. By 2032, IMARC Group expects the market to reach 73.8 Thousand Tons, at a projected CAGR of 4.00% during 2023-2032.

• Isothiazolinone is employed in water treatment systems as a non-oxidizing agent to control the growth of microorganisms. It is crucial to ensure the safety and quality of water for several purposes. Moreover, there is an increase in the awareness about the benefits of clean water for diverse applications.
• The isothiazolinone demand is further propelled by its utilization in personal care products, such as lotions, shampoos, conditioners, and other hair care and skin care products. It is employed as a chemical additive on account of its bacteriostatic and fungiostatic activity. It also helps in inhibiting microbial growth and extending the shelf life of these cosmetic items. Furthermore, people are increasingly purchasing personal care items to maintain enhanced hygiene.
• There is an increase in the need for isothiazolinone in the paints and coatings sector. It is incorporated into paint formulations to avoid the growth of mildew, algae, and mold. It benefits in making these coatings more durable.
• Isothiazolinone can be used as a leveling agent for acrylic fiber dyeing and for its smooth and antistatic treatment before textile processing. It can serve as a fungicide, antistatic agent, emulsifier, and conditioner in the textile printing and dyeing industry. It is beneficial in protecting fabrics from microbial degradation during storage and transportation. In addition, there is a rise in the production of fabrics to fulfill the demand for high-quality products among individuals. According to the Textile Exchange, fiber production recorded 116 million tons in 2022 and it is projected to reach 147 million tons in 2030 worldwide.
• The isothiazolinone market share is further increasing due to its application in the preservation of high potential of hydrogen (pH) household and industrial cleaning formulations. Its strong inhibition and killing effect on common bacteria, fungi, and algae makes it a valuable component in cleaning products, such as disinfectants and sanitizers.

Isothiazolinone News

The report covers the latest developments, updates, and trends impacting the global isothiazolinone 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 isothiazolinone production technologies, strategic market expansions by key industry players, and significant mergers and acquisitions that impact the isothiazolinone price trend.

Latest developments in the isothiazolinone industry:

• In 1 July 2022, LANXESS acquired the microbial control business unit of the U.S. group International Flavors and Fragrances Inc. (IFF). This acquisition also supports LANXESS position as a global leader in the field of industrial preservation and one of the largest suppliers of isothiazolinone-based preservatives.

Product Description

Isothiazolinone is a kind of fungicidal with properties of broad spectrum, high efficiency, low toxicity, and non-oxidative. It is a safe and effective preservative and does not contain any heavy metals. It is miscible with chlorine and most anionic, cationic, and nonionic surfactants. It has a special effect on killing sulfate-reducing bacteria. It is affordable and has enhanced compatibility and strong stability.

Isothiazolinone can effectively control the growth of bacteria and algae and slime in water. It offers a superior clay stripping effect and certain dispersion and permeability. It can also effectively remove algae propagation and slime growth.

Moreover, isothiazolinone is an ideal biocidal in industrial circulating cool water systems and in wastewater treatment in oilfields, papermaking, pesticides, cutting oil, leather, and detergents.

Regional Coverage

The report provides a detailed analysis of the isothiazolinone 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 isothiazolinone price trend.

Global Isothiazolinone Price

The report offers a holistic view of the global isothiazolinone pricing trends in the form of isothiazolinone 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 current price of isothiazolinone 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 isothiazolinone 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 Isothiazolinone Price

The European region experienced a bearish price trend owing to the moderate to high supply and modest demand in the region. Limited downstream demand and a cautious approach among market participants caused product price stagnancy in Germany during the October month. In addition, the ample availability of inventories further negatively impacted the prices. Despite production cutbacks, the isothiazolinone market consistently faced challenges due to Iow downstream demand in Q4 of 2023.

This analysis can be extended to include detailed isothiazolinone price information for a comprehensive list of countries.

North America Isothiazolinone Price

The isothiazolinone market in the North America region demonstrated a decline in prices amidst muted downstream demand from the paint and coating sector. The automotive industry in the USA experienced limited demand, driven by sluggish economic recovery and stagnant trading conditions in the construction segment. Apart from this, international factors, including the Russia-Ukraine war and a drought affecting the Panama Canal, contributed to the complexity of the international container logistics in the USA in Q4 of 2023.

Specific isothiazolinone historical data within the United States and Canada can also be provided.

Middle East and Africa Isothiazolinone Price

The report explores the isothiazolinone 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 isothiazolinone prices for countries can also be provided.

Asia Pacific Isothiazolinone Price

The isothiazolinone pricing in the Asia Pacific region was influenced by various factors, such as a diminished demand from both domestic and international markets. The oversupply situation worsened the pricing dynamics, resulting in a decline in prices. Additionally, the sluggish economic recovery and weak manufacturing activities caused a low demand for the product. The Chinese economy faced challenges, like lower domestic demand for isothiazolinone.

This isothiazolinone price analysis can be expanded to include a comprehensive list of countries within the region.

Latin America Isothiazolinone Price

The analysis of isothiazolinone 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.

Report Coverage

Key Benefits for Stakeholders:

• IMARC’s report presents a detailed analysis of isothiazolinone 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 isothiazolinone 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 isothiazolinone price charts ensure our clients remain at the forefront of the industry.