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.
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 Glycol Ethers are analyzed and region-wise demand pattern is tracked.
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.