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Pricing Overview

Petrochemicals | Aniline Pricing Overview

Market Overview

Quarterly Update on Global Aniline Market
 
For the Quarter Ending September 2020
 
Asia
 
The Asia Pacific Aniline demand surpassed its Q2 quarter levels as strong demand for MDI served as the key contributing factor for improved margins. The Chinese Aniline plant operating levels have been high, driven by increased buying sentiments right from mid-June onwards, which however, is yet to regain strength up to the pre-pandemic levels. Strong recovery in PU foams sector which is used in the furniture and appliances is predicted with many Southeast Asian producers ramping up production feeling the festive push. Indian Aniline demand from the pharmaceutical industry remained high throughout the quarter with several market players receiving shipment orders from the US.
 
Europe
 
The Aniline market remained pressured in the third quarter as the second wave of COVID-19 wreaked havoc in the Europe Union. The demand for Aniline from the downstream automotive and construction sectors remained muted as the economy continued to grapple with the economic downturn. The pricing curve maintained grounds as there were several reports of downstream MDI plant turnarounds in the region, further pressing the demand side. Production outages at several automotive factories further crimped the Aniline consumption. The quarter ended with the news of Borsod Chem starting production at its new 200 KTPA aniline plant in Hungary during Q3 FY21.
 
North America
 
Regional Aniline demand witnessed a sharp rebound with strong uptick in PU demand from the automotive and construction sector which remained in doldrums during the second quarter as the nation continued strictest coronavirus-related restrictions on economic activity. The end-use markets reported supply tightness due to logistic disruptions and plant closures in several US provinces caused by the Hurricane Laura. Aniline consumption by the manufacturers of methylene diphenyl diisocycanate (MDI) showed sharp recovery with better sales figures reported from sectors such as consumer durables and home appliances.

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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.

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 Aniline is calculated considering the production, import, export and inventory-levels on the country and regional level markets.
 
Pricing Analysis
 
Global Aniline price is correlated with the price trend of crude oil, Benzene, downstream derivatives such as MDI, Polyurethanes, etc. and the demand-supply fundamentals.
 
Company Profile
 
Basic details and information on financial performance of leading global players in the Aniline 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.

Methodology

ChemAnalyst gathers information through primary research surveys conducted with various Aniline manufacturers, spread across the domestic and international markets, suppliers and dealers/distributors to gain insights into value-chains and demand-supply scenario to assess the market situation. Thorough study of the 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 Aniline 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 the Global Aniline market.
 
Pricing is captured through exhaustive primary interviews with domestic and international manufacturers, traders and importers and customers on monthly and yearly basis.
 
Finally, region-specific markets for Aniline are analyzed and region-wise demand pattern is tracked.

About

Aniline (C6H5NH2) is yellow to brownish oily liquid possessing a musty fishy odor. Aniline consists of an amino group attached to a phenyl group and is the prototypical aromatic amine. Aniline is used as a precursor while producing a wide variety of products such as polyurethane foam, agrochemicals, synthetic dyes, antioxidants, rubber additives, varnishes and explosives. The key raw materials used for the industrial production of Aniline are Benzene, Hydrogen and concentrated Nitric Acid. The most common route for Aniline production is through nitrobenzene which is produced via nitration of Benzene in a continuous or batch process. This is followed by the catalytic vapor phase hydrogenation of Nitrobenzene. About 75% of the global Aniline produced is utilized for the production of methylene diphenyl diisocycanate (MDI), a chemical compound used as a raw material in a wide variety of sectors such as construction and automotive and for consumer products such as household appliances, clothing and footwear.