glycol ether prices, database, news, trends | chemanalyst
DESCRIPTION
Demand in China picked up by September due to early stockpiling activities observed before the Golden Weeklong holidays scheduled next month. Amidst the supply crises, China launched an anti-dumping and anti-subsidy probe to check on fair-trade deals from the US Glycol market. Demand in Southeast Asia appreciably improved as industries gathered prominent pace to make up for the loss incurred in the previous quarter. Driven by the reduced imports, prices of Butyl Glycol in India showcased a consistent month-on-month increment, averaging at USD 768 per MT in Q3.TRANSCRIPT
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Glycol Ether Pricing Overview
Market Overview
Asia
With several producers reducing their operating rates and a few of them
imposing a temporary turnaround, Glycol Ether supply considerably reduced in
Q3. Limited feedstock or sometimes poor margins compelled Butyl Glycol
producers in China to opt for frequent temporary turnarounds. Trade
disruptions caused by the global pandemic followed by poor weather
exacerbated this supply crisis. Demand in China picked up by September due
to early stockpiling activities observed before the Golden Weeklong holidays
scheduled next month. Amidst the supply crises, China launched an anti-
dumping and anti-subsidy probe to check on fair-trade deals from the US
Glycol market. Demand in Southeast Asia appreciably improved as industries
gathered prominent pace to make up for the loss incurred in the previous
quarter. Driven by the reduced imports, prices of Butyl Glycol in India
showcased a consistent month-on-month increment, averaging at USD 768
per MT in Q3.
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data/glycol-ether-49
North America
Demand for several grades of Glycol Ethers including butyl di-glycol, butyl
glycol, and propylene glycol methyl ether witnessed an appreciable revival with
gradual improvement in buying interest observed in the latter half of the
quarter. In the indefinite lockdown period, there was a prominent increment in
the renovation activities that contributed well to the revival in demand from the
construction industry. With easing virus panic in the country, the demand for
Glycol Ethers underwent a substantial increment from the paints sector.
Although relaxation in stringent restrictions levied marginal leverage to the
market players but resurgent cases of coronavirus restrained the awaited
market revival of Glycol Ethers in the US.
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Glycol Ether Pricing Overview
Europe
In the early part of the quarter, the supply of Glycol Ethers remained ample on
the back of subdued demand and no scheduled turnarounds. In late July,
restricted imports from the US aided to stabilize this widened demand and
supply. Substantial revival in downstream demand further supported in
stabilizing the narrowed margins of Glycol Ethers in the region. However, in the
final weeks of September, demand fundamentals tapered off again due to the
resurgence of coronavirus in some parts of the region leading to a fall in prices
of Glycol Ethers.
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Glycol Ether Pricing Overview
Services
Market Analysis
Company-wise installed capacity, production volume and plant operating
efficiency is captured directly from manufacturers. Import and Export volume is
captured from government sources and demand for Glycol Ethers is calculated
considering the production, import, export and inventory-levels on the country
and regional level markets.
Pricing Analysis
Glycol Ethers price is correlated with the price trend of raw material Ethylene
Oxide or Propylene Oxide , demand-supply fundamentals and performance of
its downstream industries.
Company Profile
Basic details and information on financial performance of leading global
players in the Glycol Ethers market is presented in a visually captivating
manner. Expansion plans and the company’s strategy is also captured to
understand the vision and mission of the company to help understand the
areas where companies need to focus more.
News & Deals
Daily updates on industry-specific and product-specific news, exclusive
primary-based news capturing plant shutdowns/outages/closures, capacity
expansions, operating rates, insights on demand-supply situation, awarding of
technology licenses, new product launch and deals specifying mergers and
acquisitions, strategic investments and disinvestments, to help players
capitalize on market opportunity.
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Glycol Ether Pricing Overview
Methodology
ChemAnalyst gathers information through primary research surveys
conducted with various Glycol Ethers manufacturers, spread across
the domestic and international market, suppliers and dealers/distributors to
gain insights into value-chains and demand-supply scenario to assess the
market situation. Thorough study of company’s annual reports and secondary
sources such as exhaustive search on credible paid databases, including our
internal database is done to verify the information. All the collected information
is analyzed, evaluated and presented in chronological order to depict a
meaningful and clear picture of the concerned market.
Our dedicated team of industry experts comprehensively monitors and
analyzes various aspects of the Global Glycol Ethers market. The team
analyzes various industrial segments, strategic viewpoints and provides an
analysis of the industry’s performance in the long run. This would enable our
clients in efficiently plan their future investments, mitigate risk, understand the
cost dynamics and strike out a balance amidst market volatility.
Critical examination of the impact of COVID-19 pandemic on the global
supply chains and shift in demand patterns with change in buying behavior of
consumers across the globe.
Several ongoing development projects across industries are tracked,
followed by the details of major projects in the development stage, which can
positively or negatively influence Global Glycol Ethers market.
Pricing is captured through exhaustive primary interviews with domestic and
international manufacturers, traders and importers and customers on daily,
weekly, monthly and yearly basis.
Finally, region-specific markets for Glycol Ethers are analyzed and region-
wise demand pattern is tracked.
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Glycol Ether Pricing Overview
About
Glycol Ether are organic liquid solvents containing ether and alcohol as their
primary functional groups. These compounds are regarded as versatile
solvents for various industrial and domestic uses since they are highly soluble
in water as well as other organic liquids. Overall consumption of Glycol Ethers
is dominated by its utilization as a solvent for numerous formulations like inks,
paints, and cleaning fluids. Other than solvent applications it is also used in
anti-icing agents, brake fluids, and chemical intermediates. It is even
considered an essential compound for manufacturing surface coatings. Glycol
Ethers are conventionally produced by reacting Ethylene Oxide or Propylene
Oxide with alcohols like Ethanol or Butanol in a catalytic process under
isothermal and adiabatic conditions. However, Ethylene Oxide is also reacted
directly with Monoethylene Glycol Ethers to form its higher homologues like
Diethylene Glycol Ethers or Triethylene Glycol Ethers. Glycol Ethers can be
categorized as P-Series and E-Series depending upon whether they are
produced by Propylene Glycol or Ethylene Glycol Ethers.