Downstream demand was heard gaining positive momentum after a major drag observed in Q2. Volumes and margins of Ethyl amines remained weak due to the overall depressed economy and competitive pressures. The regional Methyl amine manufacturers continued to optimize their asset footprints in efforts to reduce structural costs and enhance competitiveness of their business when the potential restrictions continued to affect the overall consumption. Alkyl amine imports remained largely impacted with the suppliers keeping a close eye on operating rates and adjusting production according to suppressed demand levels.
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.
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 Acrylonitrile is calculated considering the production, import, export and inventory-levels on the country and regional level markets.
Acrylonitrile price is correlated with the price trend of crude oil, demand-supply gap, Propylene and with movement across the downstream derivatives such as acrylonitrile-butadiene-styrene (ABS), styrene-acrylonitrile (SAN) etc.
Basic details and information on financial performance of leading global players in the Acrylonitrile 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.
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.
Finally, region-specific markets for Alkyl Amines are analyzed and region-wise demand pattern is tracked.
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.
