Ample cargoes of Maleic Anhydride from Asia eased the supply pressure in the European region caused by several planned and unplanned plant turnarounds. Spot availability narrowed by the end of the quarter as a producer who imposed a maintenance turnaround in August delayed its operations under the stress of market uncertainty. The demand however, gradually picked up with resumption in operations across the construction and automotive sector.
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 Maleic Anhydride are analyzed and region-wise demand pattern is tracked.
Maleic Anhydride is a colorless organic compound, commercially utilized for polymer and coating applications. Although its is naturally solid at room temperature, it is processed and commercially sold in the molten state. Maleic Anhydride is primarily utilized in the production of unsaturated polymer resins and in plastic and construction industry. In addition, its increasing usage as an additive for lubricant manufacturing is turning out to be a promising segment in the coming years. Maleic anhydride is commercially manufactured by the oxidation of Benzene or Butane. It can be produced in either of fluidized bed or fixed bed reactor via Butane production route. However, the fluidized bed process offers several advantages over the fixed bed like no premixing requirements and limited air to hydrocarbon concentration in the raw material. However, it consists of several disadvantages like lower conversion rates, by-product formation and catalyst abrasion. Production of Maleic Anhydride via Butane route is considered economically viable for large-scale productions whereas the fix bed Benzene route provides low-cost revamps and is preferred for medium-scale plants.