Tuesday 3 August 2021

Global Ethanol Market to Grow at a CAGR of 5.75% by 2030 | ChemAnalyst

 According to ChemAnalyst report, “Global Ethanol Market: Plant Capacity, Production, Operating Efficiency, Demand & Supply, Technology, End Use, Distribution Channel, Region, Competition, Trade, Customer & Price Intelligence Market Analysis, 2015-2030”, global Ethanol market has shown promising progress in the historic years and is anticipated to achieve a CAGR of 5.75% during the forecast period. Surging demand for ethanol as biofuel coupled with the increasing consumption of alcoholic beverages such as beer etc. is likely to drive the demand of ethanol in the forecast period. Moreover, the increasing government initiatives for promoting usage of biofuels leads to the rising demand for bio ethanol blending in gasoline, replacing the fossil fuels with biofuels is another factor propelling the demand during the forecast period. 

Get more information: https://www.chemanalyst.com/industry-report/ethanol-market-594

Ethanol is also known as ethyl alcohol. Both natural and petroleum feedstocks can be employed to produce ethanol. In the natural process, it can be produced by natural sugars undergo fermentation in the presence of yeast. Ethanol is available in various grades including food grade, industrial grade, pharmaceutical grade, and lab grade. Based on purity the market can be segmented into denatured and undenatured ethanol. It has wide range of applications in fuel and as fuel additives, industrial solvents, beverages, disinfectant, personal care, and others. Out of the following applications fuel and fuel additives dominate the global ethanol market. 

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 In 2020, COVID-19 crisis in major global economies caused nationwide lockdowns which had an impact on a number of industries. Demand in Renewable energy sector saw a dip   during the pandemic. Ethanol demand from Industrial sector slumped during Covid-19 pandemic. Additionally, Ethanol is related to biofuel which has major application as fuel. As lockdown was imposed by several countries due to pandemic, there was a dip in the usage of vehicles, thus, creating a negative impact on the industrial demand for ethanol-blended gasoline fuel, which, in turn, affected the bio-ethanol market’s demand. Major focus of Industries was on producing ethanol for Pharma application such as Sanitization. The use of ethanol sanitizers as disinfectants has increased its demand, thus, created a exponential growth in Pharma grade Ethanol.

Regionally, North America dominates the global Ethanol market and holds the largest market share due to early adoption and technological advancements. Moreover, increasing demand of green fuels is also a factor propelling demand growth in North America during the forecast period. Asia’s ethanol market is anticipated to grow in the economies like China, India, and Japan, because of increasing awareness about the harmful effects of petrochemicals-based products on human health and environment, therefore, encouraging the manufacturers to shift focus on natural alternatives i.e., bioethanol that consequently drives the growth of the Ethanol market in the forecast period. 

According to ChemAnalyst report, Global Ethanol Market: Plant Capacity, Production, Operating Efficiency, Demand & Supply, Technology, Application, End Use, Distribution Channel, Region, Competition, Trade, Customer & Price Intelligence Market Analysis, 2015-2030”, some of the major players operating global ethanol market are United Breweries, Green Plains Inc., Aventine Renewable Energy, AB Miller, Archer Daniels Midland Company, Kirin, Pure Energy Inc., British Petroleum, Cargill Corporation, and Others.

“Being linked to the renewable and green industry, the global ethanol industry has shown a robust growth alongside changing consumer preference towards cleaner energy sources. North America serves as the key growth region with sufficiently installed capacities for ethanol. Government initiatives and new policies to shift towards biofuels such as Indian govt. announced the timeline change to the country’s national biofuels policy, with the release of a new “Roadmap for ethanol blending in India 2020-25” impels the market growth. Additionally, increasing consumption of biofuels like bioethanol in the aviation industry is likely to create opportunities for the market in the coming years. Hence, with new competitors emerging across the Global ethanol market, players anticipate that there will be sufficient supply demand gaps in future. At this, it is extremely important to keep an eye which region will grab the biggest market share in the upcoming years.” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm promoting ChemAnalyst.

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https://www.chemanalyst.com/industry-report/methanol-market-219

Global Green Hydrogen Market, By End-Use (Utilities, Telecom Power, Industrial, Transport and Others), By Region, Competition Forecast & Opportunities, 2030 

https://www.chemanalyst.com/industry-report/green-hydrogen-market-323 

About Us

ChemAnalyst is a leading provider of chemical commodity prices in more than 12 countries since from last 4 Years. The company has emerged as a preferred pricing supplier amongst Procurement Managers and Strategy Professionals globally who wants to track near real time prices of chemicals on its interactive dashboard. Unlike most of its competitors such as ICIS, IHS & S&P Platts the company doesn’t believe in delivering prices in PDF reports. The company has developed proprietary algorithm based online subscription platform in which users can track years of historical prices of more than 250 chemical commodities. In addition, since it’s all online, the users cannot just compare prices across multiple countries but also with other commodities and play with the data by generating multiple graphs to find out amazing insights. The users get access to grade wise CIF, CFR & Ex Works prices at multiple ports in each country.

ChemAnalyst also provides market analysis for more than 1000+ chemical commodities such as Production, Demand, Supply, Plant Operating Rate, Imports, Exports, Suppliers, Customers and much more. The company has created online interactive dashboard in which customers can access all this data instantly with a click of a button. The users will not only be able to analyse historical data for past years but will also get to analyse short term and long-term forecasts for coming years. With the access to local field teams, the company can provide high quality reliable market analysis data for more than 20 countries.

ChemAnalyst is a one stop solution for all the data related needs. We at ChemAnalyst are committed to assist customers worldwide with their data and insights needs using our comprehensive online platform.

For more information, please visit us at www.chemanalyst.com

Contact Us:

Nilesh Vishwakarma

B-44 Sector-57 Noida, 

National Capital Region

Tel: 0120-4523948

Mob: +91-8882336899

Email: info@chemanalyst.com


Thursday 29 July 2021

Global Acetone Market to Grow at a CAGR of 5.65% by 2030 | ChemAnalyst



According to ChemAnalyst report, “Global Acetone Market: Plant Capacity, Production, Operating Efficiency, Demand & Supply, End Use, Distribution Channel, Region, Competition, Trade, Customer & Price Intelligence Market Analysis, 2015-2030”, global Acetone market has shown tremendous growth in the past five years and is anticipated to achieve a CAGR of 5.65% during the forecast period. Increasing demand of biodegradable, environmentally friendly and non-toxic materials from consumers is anticipated to increase the demand of acetone due to its eco-friendly and less toxic properties. Being one of the major commodities of organic chemicals, the supply of acetone is limited whereas, the market value of acetone is always high due to the high demand of terminal disinfectants, cleaner for paints, adhesives, coatings and other cosmetic uses.

Get more information: https://www.chemanalyst.com/industry-report/acetone-market-272

Acetone (CH3)2CO is an organic compound which is colourless and volatile in nature. The most commonly used industrial method for the manufacturing of Acetone is cumene process. In this process, either solid phosphoric acid or anhydrous aluminium chloride is used as a catalyst to produce acetone from benzene and propylene. Acetone can be further oxidized to yield commercially important intermediates such as Bisphenol A (BPA): It is widely utilized in the production of polycarbonates, food containers and other hygienic products; Methyl Methacrylate (MMA): It has numerous commercial and Industrial applications including acrylic paints, adhesives, coatings, lenses, rear lights and medical procedures; Solvents: Acetone is a considerable solvent used in pharmaceutical and cosmetic industries.

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Acetone has a wide range of applications such as pharmaceuticals, cosmetics, paints, adhesives, and coatings. It is exclusively used as a solvent for the manufacturing of polycarbonate plastics and artificial fibres. The chain of solvents holds the largest market share and continuous growing expanse of solvents across the globe is likely to propel the growth of the global acetone market during the forecast period. The rise in the demand from major end user i.e., automotive sector is projected to drive the global acetone market in the upcoming years. Other major end user industries include cosmetics and healthcare, electronics, paints, adhesives, and others. As the supply of acetone is scarce, the cost is acetone is usually high which will benefit the global acetone market economically.

Global economic slowdown due to COVID 19 impacted the manufacturing industries during the first half of 2020. Industries were lacking the feedstock due to supply chain disruption and global plant outages initially in 2020. This caused the sudden decline in production and sales, which affected the acetone market worldwide. The COVID-19 hampered the sales of paints, coatings and cosmetics as the sectors were shut due to the lockdown.

Region wise, Asia Pacific has emerged to be the largest consumer of Acetone followed by North America and Europe. China has the largest production of paints, coatings, and adhesives in the world. Due to increased construction and infrastructure activities in China, it is expected to witness a boost in the demand of acetone in the country followed by Thailand. Manufacturing units in India is likely to propel the Acetone industry due to increased demand of acetone in the pharmaceutical sector.

According to ChemAnalyst report, Global Acetone Market: Plant Capacity, Production, Operating Efficiency, Demand & Supply, Application, End Use, Distribution Channel, Region, Competition, Trade, Customer & Price Intelligence Market Analysis, 2015-2030”, some of the major players operating in global Acetone market are Formosa Chemicals and Fibre Corporation, Royal Dutch Shell plc, Mitsui Chemicals, Inc., INEOS, Borealis AG.

“Being linked to the downstream application such as pharmaceutical and cosmetic etc, the global Acetone Industry has shown a robust growth alongside growing population and changing consumer preference. It is forecasted that India is going to become the world's fifth largest consumer market by 2025. In addition, growing per capita income globally poised a stronger outlook to the country’s acetone demand. The nationwide lockdown affected the supply chain logistics and caused immediate shortage of raw materials hence increased the prices of Acetone. Meanwhile, China serves as the key growth region as well with sufficiently installed capacities. With new competitors emerging across the Asian acetone market, it is extremely important to keep an eye which region will grab the biggest market share in the upcoming years.” said Mr. Karan Chechi, Research Director with TechSci Research, a research-based management consulting firm promoting ChemAnalyst worldwide.

Browse Related Report

Global Benzene Market: Plant Capacity, Production, Operating Efficiency, Demand & Supply, End Use, Application, Technology, Competition, Trade, Customer & Price Intelligence Market Analysis, 2015-2030

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United States Phenol Market Plant Capacity, Production, Operating Efficiency, Technology, Demand & Supply, End User Industries, Distribution Channel, Region-Wise Demand, Import & Export, 2015-2030

https://www.chemanalyst.com/industry-report/usa-phenol-market-107

About Us       

ChemAnalyst is a leading provider of chemical commodity prices in more than 12 countries since from last 4 Years. The company has emerged as a preferred pricing supplier amongst Procurement Managers and Strategy Professionals globally who wants to track near real time prices of chemicals on its interactive dashboard. Unlike most of its competitors such as ICIS, IHS & S&P Platts the company doesn’t believe in delivering prices in PDF reports. The company has developed proprietary algorithm based online subscription platform in which users can track years of historical prices of more than 250 chemical commodities. In addition, since it’s all online, the users cannot just compare prices across multiple countries but also with other commodities and play with the data by generating multiple graphs to find out amazing insights. The users get access to grade wise CIF, CFR & Ex Works prices at multiple ports in each country. 

ChemAnalyst also provides market analysis for more than 1000+ chemical commodities such as Production, Demand, Supply, Plant Operating Rate, Imports, Exports, Suppliers, Customers and much more. The company has created online interactive dashboard in which customers can access all this data instantly with a click of a button. The users will not only be able to analyse historical data for past years but will also get to analyse short term and long-term forecasts for coming years. With the access to local field teams, the company can provide high quality reliable market analysis data for more than 20 countries. 

ChemAnalyst is a one stop solution for all the data related needs. We at ChemAnalyst are committed to assist customers worldwide with their data and insights needs using our comprehensive online platform.

 

For more information, please visit us at www.chemanalyst.com 

Contact Us:

Nilesh Vishwakarma

B-44 Sector-57 Noida,

National Capital Region

Tel: 0120-4523948

Mob: +91-8882336899


Email: info@chemanalyst.com

Monday 26 July 2021

Global Nylon Filament Yarn Market to Grow at a CAGR of 4.32% by 2030 | ChemAnalyst



According to ChemAnalyst report, “Global Nylon Filament Yarn Market Analysis: Plant Capacity, Production, Operating Efficiency, Technology, Demand & Supply, End-User Industries, Distribution Channel, Regional Demand, 2015-2030”, global Nylon Filament Yarn market has shown tremendous growth in the past few years and is anticipated to achieve a CAGR of 4.32% during the forecast period. The growth is attributed most importantly to increasing demand application in textiles application such as sports apparels, travel accessories, sports and adventure equipment, fabric, magic tape, fishing nets etc. Nylon filament yarn being produced since 1973 using technology from Toray Japan and it has the advantage of producing color that is resistant to stretching, friction and chemicals. There are several grades of nylon filament yarn available including flat yarn, textured yarn, partially oriented yarn, fully drawn yarn, and dyed yarns. Flat yarn dominates the global market for nylon filament yarns due to its application in textile products including women wear, scarf, sarees, sewing thread etc. coupled with its rising utilization in automobile fabric and smart fabric is expected to drive the demand of nylon filament yarn during the forecast period. Nylon filament yarn is basically a synthetic yarn that is light weight, soft, and has high tensile strength and durability. Major technology licensor for nylon filament yarn includes Zimmer AG Germany.

Get more information: https://www.chemanalyst.com/industry-report/nylon-filament-yarn-market-619

Sports apparel is likely to be the most major application segment during the forecast period.  Its characteristics like elasticity, high tensile strength, resistance to abrasion and affordable price can significantly promote the growth of the nylon filament yarn market. Sudden outbreak of novel coronavirus adversely impacted the global Nylon Filament Yarn market due to shutdown of industrial operations in the first half of the year in 2020. However, surging demand for high performance fabrics from the automotive and defence sector and rise in the demand of Nylon Filament fabric in China from the manufacturing sector due to continuation of production activities after the lockdowns is going to act as an opportunity during the forecast period.

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Regionally, Asia Pacific dominates the Global Nylon Filament Yarn market as this region is the major textile manufacturers and there is a continuous demand of textile and high-performance fabrics. Furthermore, the increasing population and per capita income in emerging economies is another factor propelling a higher demand for nylon filament yarn in the region. 

According to ChemAnalyst report, “Global Market By Global Nylon Filament Yarn Market Analysis: Plant Capacity, Production, Operating Efficiency, Technology, Demand & Supply, End-User Industries, Distribution Channel, Regional Demand, 2015-2030”, some of the major players operating in the nylon filament yarn global market are BASF SE, Formosa Chemical and Fibre Corporation, JCT Limited, East Asia Textile Technology Limited, Century enka Ltd., Toray, Colossustex, Saludyarn, and others.

“Surging demand from textile and sports industry, impels the demand for Nylon Filament Yarn industry globally, alongside growing population and changing consumer preference. China and India also serve as the key growth region with sufficiently installed capacities and are the leading textile manufacturers and exporters. Despite of few market restraints, its properties like being lightweight, versatile, higher design flexibility, which enables production of advanced shapes without compromising the safety and stability of products would keep supporting the global NFY market in long run.” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm promoting ChemAnalyst.

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Global Non-Woven Fabrics Market, By Fiber (Polyester, Cotton Rayon, Polypropylene (PP) and Others), By Technology (Dry-Laid, Spun Melt and Others), By End-Use (Disposable Applications, Wipes, Geotextiles, Filtration Products, Medical/surgical Products, Automotive and Others), By Region, Competition Forecast & Opportunities, 2016-2026

https://www.chemanalyst.com/industry-report/global-non-woven-fabrics-market-309

Global Textile chemicals Market Analysis: Plant Capacity, Production, Operating Efficiency, Technology, Demand & Supply, End-User Industries, Distribution Channel, Regional Demand, 2015-2030

https://www.chemanalyst.com/industry-report/textile-chemicals-market-566

About Us       

ChemAnalyst is a leading provider of chemical commodity prices in more than 12 countries since from last 4 Years. The company has emerged as a preferred pricing supplier amongst Procurement Managers and Strategy Professionals globally who wants to track near real time prices of chemicals on its interactive dashboard. Unlike most of its competitors such as ICIS, IHS & S&P Platts the company doesn’t believe in delivering prices in PDF reports. The company has developed proprietary algorithm based online subscription platform in which users can track years of historical prices of more than 250 chemical commodities. In addition, since it’s all online, the users cannot just compare prices across multiple countries but also with other commodities and play with the data by generating multiple graphs to find out amazing insights. The users get access to grade wise CIF, CFR & Ex Works prices at multiple ports in each country.

ChemAnalyst also provides market analysis for more than 1000+ chemical commodities such as Production, Demand, Supply, Plant Operating Rate, Imports, Exports, Suppliers, Customers and much more. The company has created online interactive dashboard in which customers can access all this data instantly with a click of a button. The users will not only be able to analyse historical data for past years but will also get to analyse short term and long-term forecasts for coming years. With the access to local field teams, the company can provide high quality reliable market analysis data for more than 20 countries. 

ChemAnalyst is a one stop solution for all the data related needs. We at ChemAnalyst are committed to assist customers worldwide with their data and insights needs using our comprehensive online platform. 

For more information, please visit us at www.chemanalyst.com

Contact Us:

Nilesh Vishwakarma

B-44 Sector-57 Noida,

National Capital Region

Tel: 0120-4523948

Mob: +91-8882336899

Email: info@chemanalyst.com

Thursday 22 July 2021

Global Isobutylene demand is projected to grow at a healthy CAGR of 4.01% by 2030 | ChemAnalyst


According to ChemAnalyst report, “Global Isobutylene Market Analysis: Plant Capacity, Production, Operating Efficiency, Technology, Demand & Supply, End-User Industries, Distribution Channel, Regional Demand, 2015-2030”. Global Isobutylene market has shown tremendous growth in the past five years and is anticipated to achieve a healthy CAGR during the forecast period. Isobutylene has wide applications in Automotive, Aerospace, Antioxidants, Pharmaceuticals and is also useful for various niche applications, such as wires and cables, compression packaging, and electrical insulation. Automotive comes as the leading application segment accounting for a major part of the isobutylene market whereas, MTBE is the chief product accounting major part of the overall volume.

Get more information: https://www.chemanalyst.com/industry-report/isobutylene-market-621

Isobutylene (or 2-methylpropene) is a highly inflammable, colorless gas with a pungent odor. It is used in the production of a variety of products as it is alkylated with butane to produce isooctane or dimerized to diisobutylene (DIB) and then hydrogenated to make isooctane, a fuel additive. Polymerization of isobutylene produces butyl rubber (polyisobutylene or PIB). Antioxidants such as butylated hydroxytoluene (BHT) and butylated hydroxyanisole (BHA) are produced by Friedel-Crafts alkylation of phenols with isobutylene and it is also used in the production of methacrolein, MTBE and ETBE. Due to its considerable industrial value and wide application, there is an impeccable growth in its demand in the past few years.

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Global economic slowdown due to COVID 19 impacted the manufacturing industries during the first half of 2020. Industries were lacking the feedstock due to supply chain disruption and global plant outages initially in 2020.  There is a decline in the demand of electronics, chemicals and automobiles which directly affected the demand of global isobutylene market adversely. However, a positive trend has been witnessed in the demand and supply of isobutylene since December 2020. Increasing demand for isobutylene in production of antioxidants, fragrances, gas odorization products and in the form of a fuel additive in the aerospace and automotive industry is set to boost the market growth during the forecast period.

Region wise, Europe and North America are estimated to account for most of the demand in the global isobutylene market due to its high demand from the automotive and aerospace industry. However, the growth prospect of Asia Pacific is highly promising and is likely to exhibit rapid growth over the period of analysis. Moreover, China is one of the leading manufacturers as well as consumer of isobutylene and is estimated to drive the demand in the isobutylene market in Asia Pacific.

According to ChemAnalyst report, Global Isobutylene Market: Plant Capacity, Production, Operating Efficiency, Demand & Supply, Application, End Use, Distribution Channel, Region, Competition, Trade, Customer & Price Intelligence Market Analysis, 2015-2030”, some of the major players operating in Isobutylene global market are Exxon Mobil Corporation, LyondellBasell Industries, BASF SE, Honeywell International, Zoucheng Qifa Chemical Co., Ltd, Shandong Shouguang Luqing Petrochemical Co. Ltd and others.

“ As Isobutylene is a highly versatile gas and is used as an intermediate in butyl rubber, fuel additive, food additive, antioxidants and in cosmetics, chemicals, electronics and other sectors. With all these applications, isobutylene is a material of choice among manufacturers in numerous industries. Outbreak of covid-19 in major global economies impacted the global manufacturers and market due to which, the demand of global isobutylene market was adversely affected. However, an exponential rise has been witnessed in the demand and supply of Isobutylene in the market since December 2020.Hence, there is huge scope for various manufacturers to target towards identifying and investing in isobutylene market share in the upcoming years.” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm promoting ChemAnalyst.

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Global N-Butanol Market Analysis: Plant Capacity, Production, Operating Efficiency, Technology, Demand & Supply, End-User Industries, Distribution Channel, Regional Demand, 2015-2030

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About Us       

ChemAnalyst is a leading provider of chemical commodity prices in more than 12 countries since from last 4 Years. The company has emerged as a preferred pricing supplier amongst Procurement Managers and Strategy Professionals globally who wants to track near real time prices of chemicals on its interactive dashboard. Unlike most of its competitors such as ICIS, IHS & S&P Platts the company doesn’t believe in delivering prices in PDF reports. The company has developed proprietary algorithm based online subscription platform in which users can track years of historical prices of more than 250 chemical commodities. In addition, since it’s all online, the users cannot just compare prices across multiple countries but also with other commodities and play with the data by generating multiple graphs to find out amazing insights. The users get access to grade wise CIF, CFR & Ex Works prices at multiple ports in each country.

ChemAnalyst also provides market analysis for more than 1000+ chemical commodities such as Production, Demand, Supply, Plant Operating Rate, Imports, Exports, Suppliers, Customers and much more. The company has created online interactive dashboard in which customers can access all this data instantly with a click of a button. The users will not only be able to analyse historical data for past years but will also get to analyse short term and long-term forecasts for coming years. With the access to local field teams, the company can provide high quality reliable market analysis data for more than 20 countries.

ChemAnalyst is a one stop solution for all the data related needs. We at ChemAnalyst are committed to assist customers worldwide with their data and insights needs using our comprehensive online platform.

For more information, please visit us at www.chemanalyst.com

Contact Us:

Nilesh Vishwakarma

B-44 Sector-57 Noida,

National Capital Region

Tel: 0120-4523948

Mob: +91-8882336899

Email: info@chemanalyst.com

Wednesday 21 July 2021

Global Hexane Market to Grow at a CAGR of 3.21% by 2030 | ChemAnalyst



According to ChemAnalyst report, “Global Hexane Market: Plant Capacity, Production, Operating Efficiency, Demand & Supply, Technology, End Use, Distribution Channel, Region, Competition, Trade, Customer & Price Intelligence Market Analysis, 2015-2030”, global hexane market has shown promising growth in the past five years and is anticipated to achieve a CAGR of 3.21% during the forecast period. Growing demand of edible oil coupled with the increasing demand of industrial solvents from the paints and adhesives industry is expected to drive the demand of hexane during the forecast period. Moreover, Availability of safer alternatives for oil extraction such as cyclohexane is expected to somehow hinder the market growth.

Get more information: https://www.chemanalyst.com/industry-report/hexane-market-610

Hexane is a colourless fluid with a relatively low and narrow boiling range. It has low odor and quick drying properties. It is able to dissolve in many organic compounds and evaporate easily which makes it good solvent and diluent for a wide range of industrial applications. Structurally hexane has three isomers including n-hexane, iso hexane and neo hexane. Out of the three, n-hexane is the most sought after isomer of hexane. Depending upon the concentrations of n-hexane and purity there are two grades of hexane namely polymerization grade and food grade. The polymerization grade is used as a reaction medium for polymerization process. The extraction grade is used to extract edible oils which is the major application of hexane.

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The key application areas for hexane include polymerization process, specialist coatings and adhesives, pharmaceutical and food extraction, industrial cleaning and degreasing, textile and rubber manufacturing etc. Owing to the impact of COVID-19, hexane demand has declined drastically due to nationwide lockdowns and subsequent disruptions in supply chains. Construction and automotive sectors were the most severely hit sectors during the pandemic which had an impact on paints and adhesives industry which have application of hexane as solvent. However overall good demand growth has been observed in China from the manufacturing sector due to continuation of production activities after the lockdowns.

Hexane is majorly related to crude oil and natural gas hence the price is linked to the variations in the prices of crude oil and natural gas. Prices are linked to the prices of the crude oil as hexane is a byproduct of cracking of petroleum into gasoline.  In the first half of FY20 sudden outbreak of novel coronavirus followed by a fall in in the demand of crude oil due to nationwide lockdowns rendered a major fall in the global hexane, hence the prices remained low for hexane during the coronavirus pandemic.

Region wise, Asia Pacific region holds the major share of global demand for hexane due to growing demand for edible oils and commercial and residential construction and automotive sector. Increasing population and per capita income in emerging economies is another factor propelling demand growth for hexane in Asia Pacific.

According to ChemAnalyst report, Global Hexane Market: Plant Capacity, Production, Operating Efficiency, Demand & Supply, Technology, Application, End Use, Distribution Channel, Region, Competition, Trade, Customer & Price Intelligence Market Analysis, 2015-2030”, some of the major players operating in global hexane market are Bharat Petroleum Corporation Limited, HPCL, Indian Oil Corporation Ltd, Exxon Mobil Corporation, Jun Yuan Petroleum Group, Merck KGaA, Liaoning Yufeng Chemical Co. Ltd, Phillips 66 Company, Royal Dutch Shell Plc, Rompetrol-Rafinare, Sumitomo Chemical Co., Ltd., and Others.

“Having endues application in Food industry, the global hexane industry has shown a robust growth alongside growing population and changing consumer preference. China serves as the key growth region with sufficiently installed capacities for hexane. Major players are anticipating that there will be sufficient demand supply gaps in the future given that the global population is on the rise at a steady rate which will rise the demand for edible oils which require hexane for extraction.” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm promoting ChemAnalyst.

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https://www.chemanalyst.com/industry-report/india-lpg-market-221

About Us       

ChemAnalyst is a leading provider of chemical commodity prices in more than 12 countries since from last 4 Years. The company has emerged as a preferred pricing supplier amongst Procurement Managers and Strategy Professionals globally who wants to track near real time prices of chemicals on its interactive dashboard. Unlike most of its competitors such as ICIS, IHS & S&P Platts the company doesn’t believe in delivering prices in PDF reports. The company has developed proprietary algorithm based online subscription platform in which users can track years of historical prices of more than 250 chemical commodities. In addition, since it’s all online, the users cannot just compare prices across multiple countries but also with other commodities and play with the data by generating multiple graphs to find out amazing insights. The users get access to grade wise CIF, CFR & Ex Works prices at multiple ports in each country.

ChemAnalyst also provides market analysis for more than 1000+ chemical commodities such as Production, Demand, Supply, Plant Operating Rate, Imports, Exports, Suppliers, Customers and much more. The company has created online interactive dashboard in which customers can access all this data instantly with a click of a button. The users will not only be able to analyse historical data for past years but will also get to analyse short term and long-term forecasts for coming years. With the access to local field teams, the company can provide high quality reliable market analysis data for more than 20 countries.

ChemAnalyst is a one stop solution for all the data related needs. We at ChemAnalyst are committed to assist customers worldwide with their data and insights needs using our comprehensive online platform.

For more information, please visit us at www.chemanalyst.com

Contact Us:

Nilesh Vishwakarma

B-44 Sector-57 Noida,

National Capital Region

Tel: 0120-4523948

Mob: +91-8882336899   

Email: info@chemanalyst.com

Monday 19 July 2021

Neopentyl Glycol Market is expected to Grow at a CAGR of 4.19% by 2030

 


According to ChemAnalyst report, “Global Neopentyl Glycol Market: Plant Capacity, Production, Operating Efficiency, Demand & Supply, Technology, End Use, Distribution Channel, Region, Competition, Trade, Customer & Price Intelligence Market Analysis, 2015-2030”, global neopentyl glycol market has shown promising growth in the past five years and is anticipated to achieve a CAGR of 4.19% during the forecast period. Growing demand for coating resins from the end use industries including construction and automotive is expected to drive the demand of neopentyl glycol (NPG) during the forecast period. Capacity expansions by companies including BASF and Sinopec expansion of capacity from 40 KT to 80 KT in China is expected to further the opportunities in the market for NPG.

Get more information: https://www.chemanalyst.com/industry-report/neopentyl-glycol-market-613

Neopentyl glycol is polyalcohol having superior performance advantages in many end use areas due to its high chemical and thermal stability. There are two main routes to produce NPG using isobutyraldehyde and formaldehyde. In the first one, the raw materials react with a strongly alkaline catalyst to form NPG. In the process large amounts of formate salts are formed as byproduct. In a second and more common process, the aldolisation reaction is carried out in the presence of an amine catalyst. This is further hydrogenated in the presence of a catalyst and the molten NPG is solidified by means of a flaking roll, or a crystallising or cooling belt.

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Neopentyl glycol (NPG) is mainly used as a building block for coating resins such as saturated polyesters which have major application in powder coatings, unsaturated polyesters which have application in artificial marble and gel coat for boats, and alkyd resins which have application in metal coatings. NPG is also used for the production of polyurethane resins which have application as an adhesives. Other applications of NPG include polyester lubricants and plasticizers. Major end uses for NPG include automotive, construction, furniture, electronics, pharmaceuticals. Owing to the impact of COVID-19, neopentyl glycol demand has declined drastically due to nationwide lockdowns and subsequent disruptions in supply chains. Construction and automotive sectors were the most severely hit sectors during the pandemic. However overall good demand growth has been observed in China from the manufacturing sector due to continuation of production activities after the lockdowns.

Neopentyl glycol is majorly related to isobutyraldehyde and formaldehyde hence the price is linked to the variations in the prices of the raw materials.  In the first half of FY20 sudden outbreak of novel coronavirus followed by a fall in in the demand of construction sector which consumes most of the powder coatings which are the major application of NPG rendered a major fall in the global neopentyl glycol, hence the prices remained low for neopentyl glycol during the coronavirus pandemic.

Region wise, Asia Pacific region holds the major share of global demand for neopentyl glycol due to growing demand for commercial and residential construction and automotive sector. Increasing population and per capita income in emerging economies is another factor propelling demand growth for neopentyl glycol in Asia Pacific

According to ChemAnalyst report, Global Neopentyl Glycol Market: Plant Capacity, Production, Operating Efficiency, Demand & Supply, Technology, Application, End Use, Distribution Channel, Region, Competition, Trade, Customer & Price Intelligence Market Analysis, 2015-2030”, some of the major players operating in global neopentyl glycol market are BASF SE, Celanese, Eastman Chemicals, Koei-Perstorp Chemical, LG Chemical, Mitsubishi Gas Chemical, Perstorp, Polioli, Shandong Dongchen, Shandong Guanghe, Shandong Linzi Yongliu, and others. 

“Being linked to the coatings industry, the global neopentyl glycol industry has shown a robust growth alongside growing population and changing consumer preference. China serves as the key growth region with sufficiently installed capacities for neopentyl glycol. Major players are anticipating that there will be sufficient demand supply gaps in the future given that the global population is on the rise at a steady rate which will rise the demand for paints and coatings which require neopentyl glycol for production.” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm promoting ChemAnalyst.

Browse Related Reports

Global Propylene Glycol Market: Plant Capacity, Production, Operating Efficiency, Demand & Supply, End Use, Grade, Distribution Channel, Region, Competition, Trade, Customer & Price Intelligence Market Analysis, 2015-2030

https://www.chemanalyst.com/industry-report/propylene-glycol-market-87

India Diethylene Glycol Market: Plant Capacity, Production, Operating Efficiency, Process, Demand & Supply, End Use, Application, Sales Channel, Region, Competition, Trade, Customer & Price Intelligence Market Analysis, 2030

https://www.chemanalyst.com/industry-report/india-diethylene-glycol-market-47

About Us       

ChemAnalyst is a leading provider of chemical commodity prices in more than 12 countries since from last 4 Years. The company has emerged as a preferred pricing supplier amongst Procurement Managers and Strategy Professionals globally who wants to track near real time prices of chemicals on its interactive dashboard. Unlike most of its competitors such as ICIS, IHS & S&P Platts the company doesn’t believe in delivering prices in PDF reports. The company has developed proprietary algorithm based online subscription platform in which users can track years of historical prices of more than 250 chemical commodities. In addition, since it’s all online, the users cannot just compare prices across multiple countries but also with other commodities and play with the data by generating multiple graphs to find out amazing insights. The users get access to grade wise CIF, CFR & Ex Works prices at multiple ports in each country.

ChemAnalyst also provides market analysis for more than 1000+ chemical commodities such as Production, Demand, Supply, Plant Operating Rate, Imports, Exports, Suppliers, Customers and much more. The company has created online interactive dashboard in which customers can access all this data instantly with a click of a button. The users will not only be able to analyse historical data for past years but will also get to analyse short term and long-term forecasts for coming years. With the access to local field teams, the company can provide high quality reliable market analysis data for more than 20 countries.

ChemAnalyst is a one stop solution for all the data related needs. We at ChemAnalyst are committed to assist customers worldwide with their data and insights needs using our comprehensive online platform.

For more information, please visit us at www.chemanalyst.com

Contact Us:

Nilesh Vishwakarma

B-44 Sector-57 Noida,

National Capital Region

Tel: 0120-4523948

Mob: +91-8882336899

Email: info@chemanalyst.com

Wednesday 30 June 2021

Firm offtakes amid global scarcity, uplifted the Bromine prices during Q1 2021 | ChemAnalyst


 

Market Overview

Quarterly Update on Global Bromine Market

For the Quarter Ending March 2021

North America

The supplies in the North American region remained limited during the first quarter of 2021, owning to the repercussions of the polar winter storm in the US Gulf region. The industrial infrastructure collapsed, and plants were forced to shut their production during the mid-February. However, restocking activities from the previous quarter under the stress ahead of winter season reduced the impact over the prices of Bromine which averaged around USD 4480 per tonne FOB Michigan. Demand witnessed a tremendous uptrend as the offtakes improved from the downstream chemicals and pharmaceutical industries.

Asia-Pacific (APAC)

The Asia Pacific Bromine market witnessed strong market sentiments with tight supplies during the first quarter of 2021, owning to the limited inventories of Bromine as several Bromine manufacturers halted their production during the first half of the quarter as the inventories level were piled up amid the reluctant offtakes and Chinese lunar new year holidays in the February. Demand was healthy from the downstream flame retardants and intermediates; however, the offtakes surged from the pharmaceutical sector by the quarter ending due to the resurgence of COVID in India. Prices in the FOB Shanghai hiked by 16.8% on y-o-y averaging at USD 5620 per tonne in Quarter ending.    

Europe

Supplies in the European market remained balanced to tight throughout the Q1 of 2021, owning to the reduced throughput in the regional manufacturing facilities. Deliveries to Antwerp were disrupted amid the extreme cold weather in the North western hemisphere and the decline in shipments from the USA. Demand surged as the offtakes improved from the downstream pharmaceutical and chemical manufacturing industries.

Market Overview: https://www.chemanalyst.com/Pricing-data/bromine-1125

Bromine is a fuming liquid with dark-reddish brown color and pungent odor. The product is widely demanded for the production of agriculture chemicals, dyestuffs, pharmaceuticals, and chemical intermediates. The compounds of Bromine can also be used as flame retardants. Its compound Organobromides is used in halon fire extinguishers. Silver bromide is chemical used in film photography. Bromine is produced commercially by heating sodium bromide containing brines and then oxidized to elemental form with chlorine. Crude bromine is then obtained from compound with either steam or air. The product is soluble in organic solvent and is less active chemical than chlorine and fluorine but is more active than iodine. The compounds of Bromine are similar to those of halogens.    

Product Specific Details

CAS No.: 7726-95-6; HS Code: 28013020, 28013001; Grades: Technical, Industrial; Packaging Size: Bottles/tanks/drums; Incoterms: CFR, FOB, Ex-Works, Bulk Contracted, Spot

Countries Covered:

APAC – China, Japan, India, South Korea, Singapore,

Europe – Germany, France, Belgium

America – USA, Brazil

MEA – Saudi Arabia, UAE, South Africa

How we can help

ChemAnalyst addresses the key problematic areas and risks associated with chemical and petrochemical business globally and enables the decision-maker to make smart choices. It identifies and analyses factors such as geopolitical risks, environmental risks, raw material availability, supply chain functionality, disruption in technology and so on. It targets market volatility and ensures clients navigate through challenges and pitfalls in an efficient and agile manner. Timeliness and accuracy of data has been the core competency of ChemAnalyst, benefitting domestic as well as global industry in tuning in to the real-time data points to execute multi-billion-dollar projects globally.

Related Report:

Global Bromine Market Analysis, Plant Capacity, Production, Operating Efficiency, Technology, Demand & Supply, End-User Industries, Distribution Channel, Regional Demand, 2015-2030

About Us       

ChemAnalyst is a leading provider of chemical commodity prices in more than 12 countries since from last 4 Years. The company has emerged as a preferred pricing supplier amongst Procurement Managers and Strategy Professionals globally who wants to track near real time prices of chemicals on its interactive dashboard. Unlike most of its competitors such as ICIS, IHS & S&P Platts the company doesn’t believe in delivering prices in PDF reports. The company has developed proprietary algorithm based online subscription platform in which users can track years of historical prices of more than 250 chemical commodities. In addition, since it’s all online, the users cannot just compare prices across multiple countries but also with other commodities and play with the data by generating multiple graphs to find out amazing insights. The users get access to grade wise CIF, CFR & Ex Works prices at multiple ports in each country.

ChemAnalyst also provides market analysis for more than 1000+ chemical commodities such as Production, Demand, Supply, Plant Operating Rate, Imports, Exports, Suppliers, Customers and much more. The company has created online interactive dashboard in which customers can access all this data instantly with a click of a button. The users will not only be able to analyse historical data for past years but will also get to analyse short term and long-term forecasts for coming years. With the access to local field teams, the company can provide high quality reliable market analysis data for more than 20 countries.

ChemAnalyst is a one stop solution for all the data related needs. We at ChemAnalyst are committed to assist customers worldwide with their data and insights needs using our comprehensive online platform.

For more information, please visit us at www.chemanalyst.com

Contact Us:

Nilesh Vishwakarma

B-44 Sector-57 Noida,

National Capital Region

Tel: 0120-4523948

Mob: +91-8882336899

Email: info@chemanalyst.com

Monday 28 June 2021

Improved demand from the aviation sector pushed up Jet Kerosene Prices in Q1 | ChemAnalyst



 Quarterly Update on Global Jet Kerosene Market

For the Quarter Ending March 2021

North America

Jet Kerosene demand were observed improving consistently compared to the prior quarter in North America, as international flights stated taking off with the economic rebound. Although the demand for Jet Kerosene from the aviation sector was observed to be low initially during January, but rapid vaccination roll out brought overall improvement in the demand. Varying with consistent demand from the aviation sector, the price of Jet Kerosene rose from USD 972.5/MT in January to USD 1197/MT in March, although lower output from the US gulf coast amidst winter disruption also contributed to this rise.

Asia

Jet Kerosene demand from Asian countries varied with the recovery of the aviation sector amid COVID 19 crisis. Aviation sector of China was expected to rise but was observed to be way below the pre-pandemic levels, prompting Jet Kerosene manufacturers to look towards export markets as the domestic demand remained unreasonably low. On the other side, demand for Jet Kerosene from the Indian aviation sector showed a healthy improvement which supported the prices of Jet Kerosene across the country. The price of Jet Kerosene in India rose by 9.9% within the quarter, backed by recovery in the crude values.

Europe

Another wave of COVID 19, fresh lockdown restrictions and slower pace of vaccination halted the improvement of the European aviation sector during Q1 2021. It was observed that the operations turned lower than the prior quarter due to fresh restrictions over several economies. Hence the demand for Jet Kerosene from the aviation sector remained low initially, pushing Jet Kerosene values to undue stability. Although demand is expected to show improvement as UK has announced to resume international travel from early May.

Market Overview: https://www.chemanalyst.com/Pricing-data/jet-kerosene-23

Jet Kerosene is a critically refined light petroleum compound with a flash point higher than 38 degrees and a freezing point around 47 degrees. Jet Kerosene comes under the category of aviation fuel that basically comprises fuels that are utilized for aircraft propulsion. Production of Jet Kerosene from crude oil is a complex process primarily concerned with the boiling points of hydrocarbons. At first, the crude is placed into a distillation column and heated at a temperature around 800 degrees Celsius. The temperature decreases towards the top of distillation column. Fuels especially petroleum and kerosene which are referred to as middle distillates, are the materials that are separated at a boiling point between 250 to 360 degree Celsius. Several anti-static substances are added to the freshly refined fuels to make them suitable to use for their specific consuming industries.

Product Specific Details

CAS No.: NA; HS Code: 27101920; Grades: Jet A, Jet B, TS-1; Packaging Size: Drums/Tank; Incoterms: CFR, FOB, Ex-Works, Bulk Contracted, Spot

Countries Covered:

APAC – China, Japan, India, South Korea, Singapore,

Europe – Germany, France, Belgium

America – USA, Brazil

MEA – Saudi Arabia, UAE, South Africa

How we can help

ChemAnalyst addresses the key problematic areas and risks associated with chemical and petrochemical business globally and enables the decision-maker to make smart choices. It identifies and analyses factors such as geopolitical risks, environmental risks, raw material availability, supply chain functionality, disruption in technology and so on. It targets market volatility and ensures clients navigate through challenges and pitfalls in an efficient and agile manner. Timeliness and accuracy of data has been the core competency of ChemAnalyst, benefitting domestic as well as global industry in tuning in to the real-time data points to execute multi-billion-dollar projects globally.

About Us       

ChemAnalyst is a leading provider of chemical commodity prices in more than 12 countries since from last 4 Years. The company has emerged as a preferred pricing supplier amongst Procurement Managers and Strategy Professionals globally who wants to track near real time prices of chemicals on its interactive dashboard. Unlike most of its competitors such as ICIS, IHS & S&P Platts the company doesn’t believe in delivering prices in PDF reports. The company has developed proprietary algorithm based online subscription platform in which users can track years of historical prices of more than 250 chemical commodities. In addition, since it’s all online, the users cannot just compare prices across multiple countries but also with other commodities and play with the data by generating multiple graphs to find out amazing insights. The users get access to grade wise CIF, CFR & Ex Works prices at multiple ports in each country.

ChemAnalyst also provides market analysis for more than 1000+ chemical commodities such as Production, Demand, Supply, Plant Operating Rate, Imports, Exports, Suppliers, Customers and much more. The company has created online interactive dashboard in which customers can access all this data instantly with a click of a button. The users will not only be able to analyse historical data for past years but will also get to analyse short term and long-term forecasts for coming years. With the access to local field teams, the company can provide high quality reliable market analysis data for more than 20 countries.

ChemAnalyst is a one stop solution for all the data related needs. We at ChemAnalyst are committed to assist customers worldwide with their data and insights needs using our comprehensive online platform.

For more information, please visit us at www.chemanalyst.com

Contact Us:

Nilesh Vishwakarma

B-44 Sector-57 Noida,

National Capital Region

Tel: 0120-4523948

Mob: +91-8882336899

Email: info@chemanalyst.com

Friday 25 June 2021

Multifold hike in Alkyl Amine prices, amid Global scarcity and high demand | ChemAnalyst



 Market Overview

For the Quarter Ending March 2021

North America

Alkyl Amines market in the North American region witnessed constraint supplies of feedstock and was unable to cater the demand from downstream agrochemical and pharmaceutical market. Amines plants in DOW and BASF were forced to shut down amid the severe freeze weather conditions in the USA Gulf region. The region witnessed steep uptrend in the feedstock Ammonia prices which led to a multifold hike in the prices of Alkyl Amines as well. Imports from the Asian suppliers surged as the domestic buyers became more flexible towards the Asian market for feasible procurement.

Asia-Pacific (APAC)

During the first quarter of 2021, the Asia pacific supplies of Alkyl Amines remained tight due to the reduced inventories levels amid the Chinese Lunar New Year holidays, and the delay in ammonia cargoes due to congestion and high shipment freight charges in prime trading routes. Demand surged from the pharmaceutical sector, whereas enquiries from agrochemical sector hiked amid the seasonal demand. The diversion of shipments towards USA on back of hiked seasonal demand surged the prices, especially in Southeastern region with Ex-depot Mumbai prices of n-Butyl Amine and Mono-Methyl Amine settling at USD 2029 per ton and USD 914 per ton in early March.     

Europe

In the European region, supplies of Alkyl amines showcased mixed sentiments. Plants were heard operating at sluggish rated due to the shortage in key feedstock Methanol and Ammonia. The transportation lag occurred in the Northwest European region, as the routes between Amsterdam –Rotterdam-Antwerp were closed due to the extreme cold weather. Demand from the downstream market surged as the offtakes improved from the pharmaceutical and agrochemical sector.

Market Overview: https://www.chemanalyst.com/Pricing-data/alkyl-amines-53

Alkyl Amines is a large class of nitrogen-containing organic compounds used across a plethora of chemical industries. Amines are generally produced through hydrogen-reduction reactions using metals as catalysts under high pressure. Amines are generally produced from Ammonia (NH3), by displacement of Hydrogen molecule in the Ammonia molecule with alkyl radicals (R) such as Methyl, Ethylene, Propanol etc. Structurally, three types of alkyl amines are produced-Primary, Secondary or Tertiary, based on the number of hydrogen atoms displaced. Alkyl Amines have wide-ranging applications in the rubber processing chemicals, agrochemicals, surfactants, and solvents. The key end-use markets that they serve include explosives, agriculture, pharmaceuticals, chemicals, animal/poultry feed additives and water-treatment. Globally, the Alkyl Amines industry is an oligopoly with two-three producers catering to the majority demand. Eastman Chemical Company and BASF are the largest players globally among the top six players having a greater hold of the global Alkyl Amine capacities.

Product Specific Details

CAS No: Multiple CAS no.; HS Code: Multiple HS Codes; Grades: Methyl amine, Ethyl amine, propyl amine, isopropyl amine, butyl amine, Ethyl hexyl amine, cyclohexyl amine; Packaging Size: Drum/Tanks; Incoterms: CFR, FOB, Ex-Works, Bulk Contracted, Spot

Countries Covered:

APAC – China, Japan, India, South Korea, Singapore

Europe – Germany, France, Belgium

America – USA, Brazil

MEA – Saudi Arabia, UAE, South Africa

How we can help

ChemAnalyst addresses the key problematic areas and risks associated with chemical and petrochemical business globally and enables the decision-maker to make smart choices. It identifies and analyses factors such as geopolitical risks, environmental risks, raw material availability, supply chain functionality, disruption in technology and so on. It targets market volatility and ensures clients navigate through challenges and pitfalls in an efficient and agile manner. Timeliness and accuracy of data has been the core competency of ChemAnalyst, benefitting domestic as well as global industry in tuning in to the real-time data points to execute multi-billion-dollar projects globally.

About Us:

ChemAnalyst is a leading provider of chemical commodity prices in more than 12 countries since from last 4 Years. The company has emerged as a preferred pricing supplier amongst Procurement Managers and Strategy Professionals globally who wants to track near real time prices of chemicals on its interactive dashboard. Unlike most of its competitors such as ICIS, IHS & S&P Platts the company doesn’t believe in delivering prices in PDF reports. The company has developed proprietary algorithm based online subscription platform in which users can track years of historical prices of more than 250 chemical commodities. In addition, since it’s all online, the users cannot just compare prices across multiple countries but also with other commodities and play with the data by generating multiple graphs to find out amazing insights. The users get access to grade wise CIF, CFR & Ex Works prices at multiple ports in each country.

ChemAnalyst also provides market analysis for more than 1000+ chemical commodities such as Production, Demand, Supply, Plant Operating Rate, Imports, Exports, Suppliers, Customers and much more. The company has created online interactive dashboard in which customers can access all this data instantly with a click of a button. The users will not only be able to analyse historical data for past years but will also get to analyse short term and long-term forecasts for coming years. With the access to local field teams, the company can provide high quality reliable market analysis data for more than 20 countries.

ChemAnalyst is a one stop solution for all the data related needs. We at ChemAnalyst are committed to assist customers worldwide with their data and insights needs using our comprehensive online platform.

For more information, please visit us at www.chemanalyst.com

Contact Us:

Nilesh Vishwakarma

B-44 Sector-57 Noida,

National Capital Region

Tel: 0120-4523948

Mob: +91-8882336899

Email: info@chemanalyst.com

Thursday 24 June 2021

Curtailed production activities across USA, skyrocketed Ethanol prices in the global market during Q1 2021 | ChemAnalyst



For the Quarter Ending March 2021

North America

In North America, the price of Ethanol surged due to production cuts and high demand from the domestic consumers as well as for exports. Ethanol prices skyrocketed during Q1 2021 as an effect of low feedstock corn availability. Furthermore, winter season disrupted the production activity across the gulf coast that led several production plants to face unplanned shutdowns during January-February. In addition, USA exports skyrocketed due to sudden rise in export demand from China.

Asia

In the Asian markets, overall demand for Ethanol remained firm from the downstream sectors during Q1 2021. In China, demand from the disinfectant sector-maintained stability over the prior quarter. Furthermore, to satisfy this demand, China imported a huge quantity of Ethanol from the US. In addition, feedstock corn prices in China were 35-45% high. Meanwhile, in the Indian market, heavy availability of feedstock sugarcane pushing down the prices of Ethanol for 3 months consecutively, CFR India prices of Ethanol settled down from USD 883.2 per MT (January 2021) to USD 750 per MT (March 2021).

Europe

Limited supply for Ethanol across the region supported its prices during Q1 2021. Though Europe is largely depending upon Ethanol imports from USA, tight supply kept a tab on the product availability. The supply from USA remained low due to low feedstock production and high exports and domestic demand in the country. Meanwhile the demand from disinfectant or sanitizers manufacturers remained stable throughout the quarter.

Market Overview:  https://www.chemanalyst.com/Pricing-data/ethanol--13

Ethanol is a flammable and volatile organic chemical compound. It can be produced by a bio route as well as by a petrochemical route. In a petrochemical process, it is produced by hydration of Ethylene while the natural process involves the fermentation of sugar. Although, Ethanol is a major compound found in alcohol beverages but the product in its pure form is highly unfit for human consumption. Owing to its high solubility in water and ideal disinfectant properties, Ethanol can be utilized as a solvent in cleaning products, sanitizers and paints and varnishes. Ethanol is widely demanded in industries as a fuel as it efficiently supplies the required oxygen to fuel along with reducing excess emissions. It also enhances the octane number in fuel resulting in a longer life of engine. Ethanol is also widely utilized as an intoxicating ingredient in alcohol and thus constitutes vivid demand from the alcohol and beverages industry.

Product Specific Details

CAS No.: 64-17-5; HS Code: 22072000; Grades: Pure/absolute, denatured, industrial; Packaging Size: Tanker/Drum; Incoterms: CFR, FOB, Ex-Works, Bulk Contracted, Spot

Countries Covered:

APAC – China, Japan, India, South Korea, Singapore

Europe – Germany, France, Belgium

America – USA, Brazil

MEA – Saudi Arabia, UAE, South Africa

How we can help

ChemAnalyst addresses the key problematic areas and risks associated with chemical and petrochemical business globally and enables the decision-maker to make smart choices. It identifies and analyses factors such as geopolitical risks, environmental risks, raw material availability, supply chain functionality, disruption in technology and so on. It targets market volatility and ensures clients navigate through challenges and pitfalls in an efficient and agile manner. Timeliness and accuracy of data has been the core competency of ChemAnalyst, benefitting domestic as well as global industry in tuning in to the real-time data points to execute multi-billion-dollar projects globally.”

Related Report:

Global Ethanol Market Analysis: Plant Capacity, Production, Operating Efficiency, Technology, Demand & Supply, End-User Industries, Distribution Channel, Regional Demand, 2015-2030

https://www.chemanalyst.com/industry-report/ethanol-market-594

About Us:

ChemAnalyst is a leading provider of chemical commodity prices in more than 12 countries since from last 4 Years. The company has emerged as a preferred pricing supplier amongst Procurement Managers and Strategy Professionals globally who wants to track near real time prices of chemicals on its interactive dashboard. Unlike most of its competitors such as ICIS, IHS & S&P Platts the company doesn’t believe in delivering prices in PDF reports. The company has developed proprietary algorithm based online subscription platform in which users can track years of historical prices of more than 250 chemical commodities. In addition, since it’s all online, the users cannot just compare prices across multiple countries but also with other commodities and play with the data by generating multiple graphs to find out amazing insights. The users get access to grade wise CIF, CFR & Ex Works prices at multiple ports in each country.

ChemAnalyst also provides market analysis for more than 1000+ chemical commodities such as Production, Demand, Supply, Plant Operating Rate, Imports, Exports, Suppliers, Customers and much more. The company has created online interactive dashboard in which customers can access all this data instantly with a click of a button. The users will not only be able to analyse historical data for past years but will also get to analyse short term and long-term forecasts for coming years. With the access to local field teams, the company can provide high quality reliable market analysis data for more than 20 countries.

ChemAnalyst is a one stop solution for all the data related needs. We at ChemAnalyst are committed to assist customers worldwide with their data and insights needs using our comprehensive online platform.

For more information, please visit us at www.chemanalyst.com

Contact Us:

Nilesh Vishwakarma

B-44 Sector-57 Noida,

National Capital Region

Tel: 0120-4523948

Mob: +91-8882336899

Email: info@chemanalyst.com