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Ethylenediamine (EDA)

Ethylenediamine (EDA) Price Trend and Forecast

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Ethylenediamine (EDA) Price Trend and Forecast

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Market Overview

For the Quarter Ending December 2022

North America

The price of Ethylenediamine decreased in the fourth quarter of 2022 as a result of the declining feedstock of ammonia in the US market. In the fourth quarter, the global market remained stagnant, and the product was stockpiled due to declining orders from the overseas and US domestic markets. The low demand from the downstream automotive, paints, and other key driving sectors also contributed to the negative price trend. Consumer spending and purchases decreased as a result of high-interest rates and inflation. The approaching holiday in the final month of Q4 further reduced buyer demand and orders in the USA market.

APAC

Due to weak cost pressure from feedstock Ammonia from the Asian market, the price of Ethylenediamine decreased throughout the fourth quarter of 2022. Further, the demand from the downstream paints, adhesives, and other sectors saw a decline during Q4. The government imposed the zero COVID restriction in China during Q4, which affected the trading activities in the domestic and overseas markets, and products got stockpiled in the market. At the same time, India also followed the same price trend because traders on the Indian domestic market had a lot of stockpiled products from exporting nations like Saudi Arabia and Japan.

Europe

During the fourth quarter of 2022, the price trend of Ethylenediamine decreased as a result of negative market sentiment. The weak-cost pressure from feedstock Ammonia also contributed to the negative price of the Ethylenediamine market. End-use industries saw little demand as a result of high inflation and a declining buying trend in the European market. Due to the ample gas storage in major EU nations, the availability of natural gas on the market increased, lowering production costs. Several businesses slowed down their production rates due to low demand from end-use industries, but the product was readily available. Producers offered to destock their products at a low price at the end of the quarter as the holidays got closer.

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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 Ethylenediamine (EDA) is calculated considering the production, import, export and inventory-levels on the country and regional level markets.

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Pricing Analysis

The product price is correlated with the price trend of crude oil, demand-supply gap, fluctuations in the feedstock and with the market movement of the downstream sectors.

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Company Profile

Basic details and information on financial performance of leading global players in the Ethylenediamine (EDA) 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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Methodology

ChemAnalyst gathers information through primary research surveys conducted with various Ethylenediamine (EDA) 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 sand 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 Ethylenediamine (EDA) 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 behaviour 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 Ethylenediamine (EDA) 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 Ethylenediamine (EDA) are analyzed and region-wise demand pattern is tracked.

About

Ethylenediamine is an organic compound with the formula C₂H₄(NH₂)₂. It is a colorless, low-viscosity liquid with an ammonia-like odor (ammoniacal odor). Ethylenediamine strongly belongs alkaline, and it absorbs Carbon dioxide from the air forming a non-volatile carbonate. Ethylenediamine is the first member of polyethylene amines. It is widely used in building block chemical synthesis. It is used as a precursor to various polymers, as Ethylenediamine contains two amine groups. It is widely used in the production of polyurethane fibers. It is also used as an excipient in pharmacological formulations such as creams and in Personal Care Industry, Pulp and Paper Industry, Adhesives, Paints, and Resins, Agrochemicals Industry, Automotive Industry, Oil and Gas Industry. The key market players of Ethylenediamine are BASF SE, Nouryon, Tosoh Corporation, DOW Chemicals, and ARKEMA SA.

Product Specifications

CAS No.	107-15-3
HS Code	29212100
Grade	Standard
Contract Size	75 MT
Packaging Type	Drums

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FOB - The price at which a country is exporting its commodities.

FD (Free Del.) - Price deals are valid for free delivered commodities sold in the sphere of 300 sq. km in NWE (Northwest Europe).

Ex-works - These are the actual factory price which does not include any logistics charges.

Ex-Location - These are the prices of traders/suppliers/distributors for domestic trade purposes.

Taxes - The prices shown on the portal are exclusive of all taxes such as GST or VAT

Discounts - ChemAnalyst publish contract prices, but we do not consider any trade discount or bulk discount.

Countries Covered:

· India

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Ethylenediamine (EDA) Price Trend and Forecast

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