Polyetheramine Price Trend

Polyetheramine Prices December 2023

The price of polyetheramine in the United States for Q4 2023 reached 2915 USD/MT in December. In the US, the price trend of polyetheramine also showcased feeble market dynamics along with weak market fundamentals. The price of polyamine in the US market will reduce further as it deterred demand for the new stock hampered the prices.

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 current price of polyetheramine 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 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

During the fourth quarter of 2023, the polyetheramine market in Europe witnessed a decline in demand with limited trade and sluggish trade volumes among the significant production units, especially in Germany. Exports of polyetheramine from Germany to other European countries remain moderate and trades were mainly on a need-to basis. Some suppliers nearly halved their overall capacity via lower rates at several plants to accomplish supply management at a time when demand considerably stronger.

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

North America Polyetheramine Price

During the fourth quarter of 2023, the polyetheramine market in North America witnessed a downward trajectory in prices, due to limited product consumption from the downstream enterprises and feeble market trades. The regional market struggles with sufficient supply in 2023, with weaker regional export demand and a bearish market expected to offset local demand. Polyetheramine contract prices also decreased, coupled with slow demand, global bearishness, and softening in the downstream automotive market.

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

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.

Asia Pacific Polyetheramine Price

During the fourth quarter of 2023, the polyetheramine market in the Asia-Pacific region remains sluggish with low market fundamentals and limited demand for fresh stock especially in China. A weak pattern in China’s costs was accompanied by poor trading activities and inadequate product accessibility regional players have been providing up their December 2023 Polyetheramine mostly stabilized on the weaker side. Regional suppliers also decreased prices due to limited demand and lower bidding for the new stock.

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

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.

Report Coverage

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.