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Polyetheramine Pricing Report 2024: Price Trend, Chart, Market Analysis, News, Demand, Historical and Forecast Data
Report Format: PDF+Excel | Report ID: SR112024A22729
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Polyetheramine Prices December 2023
|
Product
|
Category | Region | Price |
|---|---|---|---|
| Polyetheramine | Petrochemicals | USA | 2915 USD/MT |
The polyetheramine prices in the United States for Q4 2023 reached 2,915 USD/MT in December. The market saw a notable decline in prices, marked by subdued demand and weak market fundamentals. The combination of reduced demand for new stocks and softening in the automotive sector led to lower contract prices and a cautious market outlook.
Polyetheramine Price Trend, Market Analysis, and News
IMARC’s newly published report, titled “Polyetheramine Pricing Report 2024: Price Trend, Chart, Market Analysis, News, Demand, Historical and Forecast Data,” offers an in-depth analysis of polyetheramine 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 polyetheramine at major ports, a breakdown of prices including Ex Works, FOB, and CIF, alongside a region-wise dissection of polyetheramine price trend across North America, Europe, Asia Pacific, Latin America, the Middle East and Africa.
The report examines the elements influencing polyetheramine 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.
Polyetheramine Market Analysis
The global polyetheramine market size reached US$ 1.1 Billion in 2023. By 2032, IMARC Group expects the market to reach US$ 2.3 Billion, at a projected CAGR of 7.90% during 2023-2032.
- The extensive use of polyetheramines as curing agents in epoxy coating which are favoured for their durability and resistance to chemicals is driving the demand for polyetheramines. The rising usage of epoxy coatings in automotive, industrial, and construction applications is boosting the growth of the market. For instance, in 2024, Clariant, a sustainability-focused specialty chemical company, is bringing a range of innovative paint and coatings products to the American Coatings Show 2024, the leading North American coatings industry event.
- The expanding wind energy sector heavily relies on polyetheramines for producing composite wind turbine blades which is influencing the demand for polyetheramines. These compounds help enhance the performance and longevity of blades, directly contributing to the growth of the market as global investment in renewable energy continues to rise. According to the Indian Wind Turbine Manufacturers Association (IWTMA), with an installed capacity of 42,633 MW (March 2023) of wind energy, renewable energy sources (excluding large hydro) currently account for 30.02% (125160 MW) of India's overall installed power capacity of 416059 MW (31.03.2023). Wind energy holds the major portion of 34.60% of total RE capacity among renewable and continuous as the major supplier of clean energy.
- The growing automotive and construction sectors are driving the demand for high-performance materials such as those utilizing polyetheramines. These industries use polythene amines in adhesives, sealants, and composites which is further driving the market expansion.
- The development of polyurea coatings, known for their rapid curing times and robust physical properties is acting as a major growth-inducing factor in the market. Polyetheramines are vital in formulating these coatings, employed in protective floorings, linings, and roofing materials. For instance, in August 2022, RODIM, a paint-related Product brand of BASF, launched its new invisible Themoplastic Polyurethane (TPU) Paint Protection Film (PPF) in Asia Pacific. It provides multifaceted and long-lasting protection for automotive coatings.
- Continuous innovations in product formulation and applications where polyetheramines can enhance performance characteristics are facilitating the growth of the market.
Polyetheramine News
The report covers the latest developments, updates, and trends impacting the global polyetheramine 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 polyetheramine production technologies, strategic market expansions by key industry players, and significant mergers and acquisitions that impact the polyetheramine price trend.
Latest developments in the polyetheramine industry:
- In September 2023, Huntsman Corporation announced construction commencement on the 30-ton MIRALON carbon nanotube materials plant originally announced at Huntsman’s 2021 investor day event. The new plant, which converts methane gas to carbon nanotubes and clean-burning hydrogen, will be one of the largest of its kind in the Americas.
- In February 2023, Huntsman launched three new products at the European Coating Show (ECS) highlighting its team's ingenuity and the confidence formulators can gain from creating coatings with its chemistries. The new product set for launch at ECS 2023 includes the POLYRESYST IC6005 polyurethane system- a novel intumescent coating developed for the construction industry that can provide passive fire performance alongside strong protective properties.
Product Description
Polyetheramine refers to a versatile class of polyether-based chemicals known for their amine functionality. These compounds are characterized by their high flexibility, low viscosity, and the presence of multiple reactive amine groups.
They're extensively employed in several industrial applications due to their ability to enhance properties such as toughness, flexibility, and thermal stability.
They are generally used in the production of epoxy coatings where they act as curing agents improving the durability and chemical resistance of the coatings.
Polyetheramines are also integral in the manufacture of composites and polyurea, where their rapid reaction times and strong bonding characteristics are essential.
They play a crucial role in fuel additive formulations to improve combustion efficiency and reduce emissions.
Polyetheramines how valuable in sectors such as construction, electronics, and automotive due to their effectiveness in enhancing product performance across a range of applications.
Regional Coverage
The report provides a detailed analysis of the polyetheramine 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 polyetheramine price trend.
Global Polyetheramine Price
The report offers a holistic view of the global polyetheramine pricing trends in the form of polyetheramine 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 polyetheramine historical price trends, enabling stakeholders to understand past fluctuations and their underlying causes.
The report also delves into polyetheramine 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 polyetheramine 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 Polyetheramine Price
In Europe, particularly Germany, the market faced challenges with sluggish demand and limited trading activities. Efforts to manage supply by reducing production rates did little to alleviate the pressure on profit margins. The fuel additive and lubricant sectors in Germany also experienced a downturn, which further depressed prices. European trades were largely necessity-based, with exports from Germany to Asia suffering from slow market activities. The overall weak demand prompted suppliers to reduce prices in hopes of improving sales, though large cargoes remained difficult to trade.
This analysis can be extended to include detailed polyetheramine 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 Polyetheramine Price
Throughout the fourth quarter of 2023, North America witnessed a decline in polyetheramine prices, influenced by low demand and weak market transactions. The region grappled with ample supply yet faced diminished demand from overseas markets and bearish market outlook that seemed to undermine regional needs. The market dynamics were characterized by weakened demand and an overstocked landscape, contributing to reduced contract prices. These trends were further exacerbated by a downturn in the automotive sector, which negatively impacted projections for the sales of new cars.
Specific polyetheramine 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 Polyetheramine Price
The report explores the polyetheramine 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 polyetheramine 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 Polyetheramine Price
In the Asia Pacific, prices remained subdued this quarter, primarily due to limited demand and weak market fundamentals. The Chinese market experienced a downturn in sentiment, driven by an oversupply situation and decreased demand, affecting inquiries from end use industries. Furthermore, the reduced operational rates at manufacturing plants to prevent high inventories reflected the dire state of demand, particularly in the automotive industry. Slow purchasing activities and a lack of vigorous market trades pressured local suppliers to lower prices.
This polyetheramine 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 Polyetheramine Price
The analysis of polyetheramine 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 | Polyetheramine |
| Report Features | Exploration of Historical Trends and Market Outlook, Industry Demand, Industry Supply, Gap Analysis, Challenges, Polyetheramine 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 polyetheramine 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 polyetheramine 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 polyetheramine 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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