Aniline Price in USA
- United States: $1786 /MT
In Q4 of 2023, aniline market prices were volatile. Initially, prices increased due to low inventory levels. However, by December, the price of aniline in the USA stabilized around 1786 US$/MT.
The latest report by IMARC Group, titled "Aniline Pricing Report 2024: Price Trend, Chart, Market Analysis, News, Demand, Historical and Forecast Data," provides a thorough examination of aniline price trend. This report delves into the price of aniline globally, presenting a detailed analysis, along with informative aniline price chart. Through comprehensive aniline price analysis, the report sheds light on the key factors influencing these trends. Additionally, it includes historical data to offer context and depth to the current pricing landscape. The report also explores the aniline demand, analyzing how it impacts market dynamics. To aid in strategic planning, the price forecast section provides insights into price forecast, making this report an invaluable resource for industry stakeholders.
Aniline Prices December 2023:
- United States: $1786 /MT
- South Korea: $1575 /MT
- Belgium: $1465 /MT
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The study delves into the factors affecting aniline price variations, including alterations in the cost of raw materials, the balance of supply and demand, geopolitical influences, and sector-specific developments.
The report also incorporates the most recent updates from the market, equipping stakeholders with the latest information on market fluctuations, regulatory modifications, and technological progress. It serves as an exhaustive resource for stakeholders, enhancing strategic planning and forecast capabilities.
Request For a Sample Copy of the Report: https://www.imarcgroup.com/aniline-pricing-report/requestsample
Aniline Price Trend- Q4 2023
The aniline market is driven by several key factors, reflecting its importance in various industrial applications. A primary driver is the robust demand from the polyurethane industry. Aniline is a crucial precursor in the production of methylene diphenyl diisocyanate (MDI), a key component in manufacturing polyurethane foams. These foams are widely used in automotive interiors, furniture, insulation materials, and footwear. In addition, the dye and pigment industry rely on aniline, especially for producing indigo dye, which is essential in the textile sector. The rising demand for textiles, driven by the increasing population and changing fashion trends, is impelling the market growth. The rubber processing industry also utilizes aniline derivatives as antioxidants and vulcanization accelerators, which is contributing to the market growth. Besides this, environmental regulations and the push towards sustainable and eco-friendly products are supporting the market growth. The development of bio-based aniline, derived from renewable feedstocks, is bolstering the market growth. Furthermore, aniline derivatives are widely employed in the synthesis of various drugs and pharmaceutical compounds. Apart from this, technological advancements and increased research and development (R&D) activities aimed at improving production efficiency and discovering new applications are propelling the market growth.
Aniline Market Analysis
The global aniline market size reached 9.9 million Tons in 2023. By 2032, IMARC Group expects the market to reach 15.2 million Tons, at a projected CAGR of 4.70% during 2023-2032. In the North American region, the aniline price trend exhibited fluctuations during the fourth quarter of 2023. Initially, prices increased due to limited supplies from exporters, driven by weak production rates and high costs of feedstock benzene. This was influenced by the surge in upstream prices caused by crude oil production cuts by OPEC+ and Russia. Additionally, the significantly reduced water levels of the Mississippi River led logistics companies to restrict shipments, further impacting product supply rates in the regional market. In the Q4 of 2023, the aniline price trend in the Asia Pacific region oscillated amid moderate production rates and supply availability in the regional market. Earlier in the quarter, crude oil production cuts by OPEC+ and Russia led to low feedstock availability, affecting production rates in key aniline producer China. Besides this, in Europe, the aniline prices in the fourth quarter of 2023 increased due to affected production rates. Mid-quarter, consumption rates from downstream MDI industries declined as Covestro AG in Brunsbรผttel, Germany, declared force majeure in November 2023.ย
Key Points Covered in the Aniline Pricing Report:
The report delivers the following key findings, alongside a comprehensive breakdown of prices by region:
- Aniline Prices
- Aniline Price Trend
- Aniline Demand & Supply
- Aniline Market Analysis
- Demand Supply Analysis by Type
- Demand Supply Analysis by Application
- Demand Supply Analysis of Raw Materials
- Aniline Price Analysis
- Aniline Industry Drivers, Restraints, and Opportunities
- Aniline News and Recent developments
- Global Event Analysis
- List of Key Players
Regional Price Analysis:
- 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
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Note: The current country list is selective, detailed insights into additional countries can be obtained for clients upon request.
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