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Sebacic Acid Pricing Report 2024: Price Trend, Chart, Market Analysis, News, Demand, Historical and Forecast Data
Report Format: PDF+Excel | Report ID: SR112024A24372
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Sebacic Acid Prices December 2023
|
Product
|
Category | Region | Price |
|---|---|---|---|
| Sebacic Acid | Chemical | USA | 4718 USD/MT |
| Sebacic Acid | Chemical | China | 6853 USD/MT |
| Sebacic Acid | Chemical | Germany | 4355 USD/MT |
The price of sebacic acid in the United States for Q4 2023 reached 4718 USD/MT in December. Whereas, the price for sebacic acid in China reached 6853 USD/MT in December 2023. Moreover, in Germany, sebacic acid prices reached 4355 USD/MT in December 2023.
Sebacic Acid Price Trend, Market Analysis, and News
IMARC’s newly published report, titled “Sebacic Acid Pricing Report 2024: Price Trend, Chart, Market Analysis, News, Demand, Historical and Forecast Data,” offers an in-depth analysis of sebacic acid 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 sebacic acid at major ports, a breakdown of prices including Ex Works, FOB, and CIF, alongside a region-wise dissection of sebacic acid price trend across North America, Europe, Asia Pacific, Latin America, the Middle East and Africa.
The report examines the elements influencing sebacic acid 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.
Sebacic Acid Market Analysis
The global sebacic acid market size reached US$ 291.2 Million in 2023. By 2032, IMARC Group expects the market to reach US$ 396.83 Million, at a projected CAGR of 3.50% during 2023-2032.
- Sebacic acid is significantly involved in the manufacture of nylons including nylon-6,10 and nylon-6,10. These materials find application in almost all industries starting from textiles and automotive components due to their strength, durability, and chemical resistance. According to the U.S. Geological Survey (USGS), the demand for nylon and its intermediates directly impacts the production and consumption of sebacic acid. The demand for nylon and therefore sebacic acid also increases as global industrialization, especially in the developing countries, as well as the demand for car parts and other durable goods expands. Consumers depend on sebacic acid for their nylon products, thereby establishing a stable growth in the demand for this product in the manufacturing of nylon materials.
- Sebacic acid is used in the synthesis of advanced performance lubricants for cars’ engines and machinery. The International Energy Agency (IEA) reported that automotive production trends on a global scale are a strong determinant of lubricants and therefore sebacic acid. With the growth of the automotive industry, particularly in areas that are characterized by industrialization and urbanization, there is a growing demand for lubricants that boost the efficiency and longevity of the engines. This growth directly creates the need for sebacic acid since it is used in formulating high-end lubricants. This demand is spurred by market factors such as regulatory changes in the aspect of fuel efficiency/ environmental friendliness since they will necessitate the need for newer and better lubrication solutions based on sebacic acid derivatives.
- Sebacic acid is integral to the cosmetics and personal care industry, valued for its role as a moisturizer, emollient, and stabilizer in various formulations. As reported by the IMARC Group, the global beauty and personal care products market size reached US$ 506.2 Billion in 2023. Sebacic acid's versatility in enhancing product texture and shelf life contributes to its significant role in formulations across skincare, hair care, and color cosmetics segments. As markets expand in both developed and emerging economies, regulatory standards and consumer preferences for natural ingredients further bolster the demand for sebacic acid in the cosmetics industry.
Sebacic Acid News
The report covers the latest developments, updates, and trends impacting the global sebacic acid 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 sebacic acid production technologies, strategic market expansions by key industry players, and significant mergers and acquisitions that impact the sebacic acid price trend.
Latest developments in the sebacic acid industry:
- February 1, 2024: Lacamas Laboratories was awarded an $86.2 million contract to establish production of two precursors of energetics (4-nitroanisole and 1,3,5-trichlorobenzene), two precursors of non-energetics (salicylic acid and sebacic acid), and three stabilizers/burning rate moderators (diphenylamine, ethyl centralite and methyl centralite).
Product Description
Sebacic acid is an aliphatic, naturally occurring dicarboxylic acid that is well renowned for its diverse functions and usage in the industrial sector and chemical industry. Water-soluble, pale yellow liquid containing antioxidant additives, has the chemical formula C10H18O4; the substance is produced from castor oil via oxidation followed by purification. It is primarily employed in the synthesis of nylon 6,10 which is a strong and elastic polymer employed in fabrics, car parts, and other manufactures. Nylon’s properties are improved by sebacic acid integration to boost strength, chemical incline, and performance, which makes it vital within a range of productions.
Apart from nylon manufacture, sebacic acid finds application in lubricant formulations in terms of the products’ viscosity and thermal stability. In cosmetics, sebacic acid is useful for the formulation of moistening personal care products as well as enhancing the product's texture and stability. Hence, its potential to improve the utility and durability of such goods is in synergy with the rising trend of eco-friendly and effective substances used in them.
Regional Coverage
The report provides a detailed analysis of the sebacic acid 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 sebacic acid price trend.
Global Sebacic Acid Price
The report offers a holistic view of the global sebacic acid pricing trends in the form of sebacic acid 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 sebacic acid 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 sebacic acid 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 Sebacic Acid Price
European sebacic acid 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 sebacic acid 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 Sebacic Acid Price
The analysis of sebacic acid 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 sebacic acid 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 Sebacic Acid Price
The report explores the sebacic acid 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 sebacic acid 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 Sebacic Acid Price
The sebacic acid pricing trends in 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 sebacic acid 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 Sebacic Acid Price
The analysis of sebacic acid 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 | Sebacic Acid |
| Report Features | Exploration of Historical Trends and Market Outlook, Industry Demand, Industry Supply, Gap Analysis, Challenges, Sebacic Acid 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 sebacic acid 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 sebacic acid 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 sebacic acid price charts ensure our clients remain at the forefront of the industry.
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