For the Quarter Ending March 2025
North America
During the first quarter of 2025, the North American Polyetheramine market experienced a price decline of 8% compared to the previous quarter, driven primarily by weakening demand and improved supply conditions.
At the start of the quarter, prices in the U.S. rose slightly due to supply constraints from exporting regions, elevated feedstock costs, and global logistics disruptions ahead of the Lunar New Year. However, the increase was short-lived as domestic demand from the polyurethane, construction, and automotive sectors remained subdued, with suppliers hesitant to lower prices despite weak market activity.
By mid-quarter, prices dropped significantly amid declining feedstock Diethylenetriamine (DETA) costs and rising inventories. A lack of new construction activity and reduced project spending added to the bearish sentiment, while automotive demand also softened.
In March, prices continued to slide modestly due to stable production and sufficient import availability. Seasonal construction lulls and cautious procurement further dampened market activity. Despite some resilience in the auto sector, overall demand weakness and balanced supply contributed to the quarter’s downward pricing trend.
APAC
During the first quarter of 2025, the Asia-Pacific (APAC) Polyetheramine market experienced a modest price increase of 2% compared to the previous quarter, supported by shifting supply-demand dynamics and seasonal trends. Early in the quarter, prices rose sharply due to tight supply conditions in China. Temporary factory shutdowns, labor shortages, and logistical challenges ahead of the Lunar New Year led to depleted inventories and limited production capacity. Strong demand from the polyurethane and coatings sectors further tightened the market, pushing prices upward. However, by mid-quarters, prices declined as production resumed and supply improved. A dip in feedstock Diethylenetriamine (DETA) prices and elevated stock levels led suppliers to clear inventories, creating a competitive, buyer-friendly market. In March, prices rebounded slightly amid stronger demand from downstream construction, automotive, and coatings sectors. Despite lower feedstock costs, sustained consumption and stable manufacturing activity helped stabilize the market. Overall, robust end-use sector performance and strategic supply adjustments resulted in a net quarterly price gain for Polyetheramine across the APAC region.
Europe
During the first quarter of 2025, the European Polyetheramine market witnessed a downward price trend compared to the previous quarter. The decline was primarily driven by subdued demand from key downstream sectors such as construction and automotive, along with stable-to-ample supply levels across the region. Early in the quarter, prices remained under pressure due to sluggish construction activity and limited infrastructure investments. Automotive production also faced headwinds amid reduced consumer spending and supply chain uncertainties. On the supply side, manufacturers maintained steady production rates, while inventories remained sufficient to meet the market needs. Feedstock costs, particularly for Diethylenetriamine (DETA), showed mixed trends, offering limited cost support for producers. Additionally, import flows from Asia contributed to heightened competition and further pressured domestic pricing. Despite some support from the coatings and adhesives industries, overall market sentiment remained cautious. Buyers adopted a wait-and-watch approach, focusing on short-term procurement strategies. These combined factors led to a soft pricing environment across Europe during the quarter.
For the Quarter Ending December 2024
North America
The price of Polyetheramine in the North American market experienced significant fluctuations during the final quarter of 2024, starting with a notable decline in October and November before rebounding in December. The early decline was primarily influenced by the stable to declining costs of its feedstock, Diethylenetriamine (DETA), driven by moderating production expenses in Asian and European markets.
Additionally, subdued demand from the downstream polyurethane sector, along with excess inventory levels from earlier production cycles, further pressured market dynamics. While the automotive industry showed robust demand due to its focus on lightweight materials, this was counterbalanced by reduced consumption in the construction sector, where project slowdowns limited material requirements.
A gradual recovery in December was fueled by constrained supply, exacerbated by potential port disruptions in the U.S. and increased shipping costs linked to rising freight rates and geopolitical instability. The stable performance of the domestic polyurethane sector, particularly in construction and automotive applications, provided a solid demand base, amplifying the impact of supply challenges and supporting the price uptick.
APAC
Polyetheramine prices in the Asia-Pacific region fluctuated significantly during the final quarter of 2024, with an initial decline followed by a strong rebound. In October, despite robust demand from key sectors like automotive, construction, and paints and coatings, prices fell due to declining feedstock costs for Diethylenetriamine (DETA) in the Asian market, which reduced production expenses. Additionally, an oversupply of inventories in the domestic market placed downward pressure on prices as sellers sought to clear stock. This bearish sentiment persisted into November, as further reductions in feedstock costs, including Ethylene Dichloride (EDC), and subdued demand from the downstream polyurethane sector weighed heavily on the market. However, December saw a reversal in this trend, driven by significant increases in transportation costs and supply chain disruptions. Geopolitical instability in key shipping routes and rising freight rates dramatically inflated logistical expenses. Combined with a steady demand outlook supported by the polyurethane sector's recovery and stable offtake in international markets, these factors led to a price surge, despite continued declines in feedstock costs.
Europe
Polyetheramine prices in the European market fluctuated significantly during the final quarter of 2024, with an initial decline followed by a notable rebound. In October, despite steady demand from key sectors like automotive, construction, and paints and coatings, prices dropped due to declining feedstock costs for Diethylenetriamine (DETA), which eased production expenses for manufacturers. Furthermore, an oversupply of inventories across the region added downward pressure as sellers worked to clear excess stock. This bearish sentiment continued into November, driven by further reductions in feedstock costs, including Ethylene Dichloride (EDC), and weaker demand from the downstream polyurethane sector, which faced subdued consumption trends. However, December marked a reversal in the market trend, as significant increases in transportation costs and logistical disruptions drove prices upward. The impact of port congestion, rising shipping expenses, and geopolitical instability affecting supply chains intensified logistical challenges. Combined with stable demand from the polyurethane sector, bolstered by ongoing activity in construction and automotive markets, these factors contributed to a price surge, despite the continued softness in feedstock costs.
For the Quarter Ending September 2024
North America
In the third quarter of 2024, the North American Polyetheramine market saw a significant rise in prices, influenced by a combination of factors. A marked increase in demand from various industries, especially the Polyurethane sector, tightened the balance between supply and demand. Concurrently, supply chain issues, including plant closures due to events like Hurricane Francine, intensified these supply constraints, resulting in higher prices. The elevated cost of imports from economically unstable regions also contributed to the upward pressure on market prices.
The United States experienced the most pronounced price fluctuations within the region, showing a clear upward trend throughout the quarter. Although there was a minor decline in prices in the previous quarter, the overall movement was positive, with a notable 12% increase observed between the first and second halves of Q3. By the end of the quarter, prices reached USD 2740 per metric ton (MT) CFR Houston, reflecting a significant rise from earlier in the quarter and indicating a strong pricing environment driven by escalating costs and robust market dynamics.
Overall, the market sentiment remained optimistic as prices continued to climb throughout Q3 2024. The interplay between strong demand and ongoing supply chain challenges created an environment conducive to further price increases. As industries adapt to these evolving conditions, the outlook for Polyetheramine pricing in North America suggests continued growth and fluctuations influenced by both demand and external economic factors.
APAC
In the third quarter of 2024, the APAC region experienced a significant rise in Polyetheramine prices, influenced by multiple factors. Strong demand from key sectors such as Polyurethanes and Construction Chemicals was a major contributor to this price increase. The combination of heightened consumption and reduced production expenses fostered a favourable pricing climate. Furthermore, disruptions in supply chains, including severe weather conditions and logistical difficulties, added complexity to the market dynamics.
China emerged as the focal point for these price fluctuations, revealing a notable link between seasonal changes and market pricing. The quarter recorded a 5% increase in prices compared to the previous quarter, indicating a consistent upward trajectory. Additionally, a stark 20% price variation between the first and second halves of the quarter underscored the market's volatility. Despite facing challenges such as plant shutdowns, the concluding price for Polyetheramine in China reached USD 2390 per metric ton (MT) FOB Shanghai, showcasing a robust upward trend.
Overall, the sentiment in the region remained optimistic, with prices steadily rising throughout Q3 2024. The interplay of strong demand and supply chain issues created an environment where prices were likely to continue their ascent. As industries adapt to these dynamics, the outlook for Polyetheramine pricing in APAC suggests ongoing growth and fluctuations driven by both market demand and external factors.
Europe
In the third quarter of 2024, the European Polyetheramine market experienced a significant rise in prices, influenced by a variety of factors. A notable increase in demand from sectors such as construction and automotive played a crucial role in tightening supply-demand dynamics. Additionally, supply chain disruptions, including logistical challenges and plant shutdowns, further constrained availability, leading to higher prices across the region. The rising costs of imports from regions facing economic instability also contributed to the upward pressure on market prices.
Countries like Germany, France, and the UK were key contributors to this price escalation, reflecting a consistent upward trend throughout the quarter. Despite some fluctuations in previous periods, the overall trajectory remained positive, with a substantial increase observed. By the end of Q3, prices reached approximately USD 2,500 per metric ton (MT), demonstrating a robust pricing environment driven by strong demand and escalating costs in both construction and automotive applications.
Overall, market sentiment in Europe remained optimistic as prices continued to climb throughout Q3 2024. The convergence of high demand and ongoing supply chain issues created an environment conducive to further price increases. As industries adapt to these evolving conditions, the outlook for Polyetheramine pricing in Europe suggests sustained growth influenced by both market demand and external economic factors.
For the Quarter Ending June 2024
North America
In Q2 2024, the North American Polyetheramine market has experienced a notable downturn, influenced by several significant factors. The quarter has been marked by decreased demand from downstream industries, particularly the automotive and polyurethane sectors, leading to a substantial reduction in market prices. Contributing to this decline were sluggish market activities and heightened competition from imports, which pressured domestic producers to lower prices. The surplus inventory held by manufacturers compounded the issue, exacerbating the downward pricing trend. Additionally, falling feedstock costs, specifically for EDA and DETA, contributed to the overall reduction in Polyetheramine prices.
Focusing on the USA, which witnessed the most pronounced price changes, the Polyetheramine market displayed a consistent negative sentiment throughout Q2. There was a prominent correlation between weakened demand and the seasonality of market activities, with significant reductions observed in the latter half of the quarter. The pricing environment was distinctly negative, evidenced by an 8% decrease from the previous quarter in 2024 and a stark 12% decline between the first and second halves of the quarter.
Overall, the Polyetheramine pricing landscape in the USA for Q2 2024 has been characterized by a negative trajectory, driven by diminished demand, competitive import pressures, and surplus inventories, reflecting the broader regional market's challenges. No plant shutdowns or significant disruptions were reported during this period, further underscoring the influence of market dynamics rather than supply constraints.
APAC
In Q2 2024, the Polyetheramine market in the APAC region experienced considerable downward pressure on prices. This decline was predominantly driven by muted regional demand, oversupply, and stiff competition among Asian suppliers. Falling energy prices provided limited relief to producers, yet the market remained highly unfavorable for exports. The sluggish demand from downstream industries, particularly in the Polyurea Coatings sector, compounded the challenge. Additionally, rising freight charges and increased inventory levels forced suppliers to drop offer prices further. The market environment was significantly bearish, reflecting reduced purchasing activity and bearish purchasing behavior among producers. Focusing on China, the market witnessed the most dramatic price changes. The overall trend was characterized by a consistent decrease in prices, influenced largely by high product availability and weak market sentiment. Seasonal factors also played a role, with the second half of the quarter seeing a sharper decline compared to the first half. The price comparison revealed a notable -22% drop from the start to the end of the quarter. The quarter concluded with Polyetheramine prices reflecting a -17% decrease from the previous quarter. The pricing environment throughout the quarter was negative, marked by disruptions and plant shutdowns which exacerbated supply issues. The overall sentiment was one of cautious pessimism, with market participants grappling with ample supply and tepid demand, leading to a challenging environment for Polyetheramine pricing in the APAC region.
Europe
In the second quarter of 2024, the Polyetheramine market in Europe experienced moderate growth, driven by increased demand across various applications such as epoxy coatings, adhesives, and sealants. The market size was influenced by several factors, including the ongoing economic recovery and the stabilization of supply chains, which had previously been disrupted.One of the key drivers for the Polyetheramine market was the rising demand in the construction and automotive sectors, where Polyetheramine is used for its superior performance characteristics. Additionally, the push towards sustainable and eco-friendly products has led to increased adoption of Polyetheramine in bio-based applications. However, the market faced challenges such as fluctuating raw material prices and stringent environmental regulations. Geopolitical tensions also contributed to the volatility in raw material supply, impacting production costs. Despite these challenges, companies in the Polyetheramine market focused on innovation and strategic collaborations to enhance their product offerings and maintain competitiveness. The market also saw a trend towards regional-specific strategies, with companies tailoring their approaches to address the unique economic and social challenges in different European countries. Government policies promoting the energy transition and the use of bio-chemicals further supported market growth.Overall, the Polyetheramine market in Europe in Q2 2024 demonstrated resilience and adaptability, with a positive outlook for the remainder of the year as companies continue to navigate the complex market dynamics and capitalize on emerging opportunities
