Diethylenetriamine (DETA) Prices In India

India: 4237 USD/MT

The price of diethylenetriamine (DETA) in India Q4 2023 reached 4237 USD/MT in December.

The latest report by IMARC Group, titled "Diethylenetriamine (DETA) Pricing Report 2024: Price Trend, Chart, Market Analysis, News, Demand, Historical and Forecast Data," provides a thorough examination of the Diethylenetriamine (DETA) Prices. This report delves into the price of Diethylenetriamine (DETA) globally, presenting a detailed analysis, along with informative Price Chart. Through comprehensive Price analysis, the report sheds light on the key factors influencing these trend. Additionally, it includes historical data to offer context and depth to the current pricing landscape. The report also explores the Demand, analyzing how it impacts Industry dynamics. To aid in strategic planning, the price forecast section provides insights into price forecast, making this report an invaluable resource for industry stakeholders.

Diethylenetriamine (DETA) Prices Analysis

Germany: 3495USD/MT
Saudi Arabia: 3345 USD/MT

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The study delves into the factors affecting Diethylenetriamine (DETA) price variations, including alterations in the cost of raw materials, the balance of supply and demand, geopolitical influences, and sector-specific developments.

The report also incorporates the most recent updates from the market, equipping stakeholders with the latest information on market fluctuations, regulatory modifications, and technological progress. It serves as an exhaustive resource for stakeholders, enhancing strategic planning and forecast capabilities.

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Diethylenetriamine (DETA) Price Trend- Last Quarter

The diethylenetriamine (DETA) market is expanding globally due in large part to the chemical industry's need for products that are efficient and versatile. The increasing use of DETA in the production of adhesives and resins is one of the primary forces behind development. Another reason propelling the market's growth is the construction industry, which is expanding swiftly and uses DETA-based products. The market's growth is also being fueled by customers' increasing need for products that are safe and effective. Additionally, significant technical developments in DETA processing and production are fueling the market's growth.

Additionally, the market is expanding due to the increasing usage of DETA in premium paint formulas and high-end goods. Moreover, customization and personalization are becoming more and more prevalent in the field of material engineering. The global market expansion of DETA is being propelled by the substance's expanding domestic and commercial uses. An important factor driving DETA's global market development is the growing consumer demand for products utilizing renewable and energy-efficient sources. The market is growing since the key industrial players are also investing more in research and development (R&D) initiatives. The growth of online shopping and marketing campaigns targeted at improving product accessibility are two major forces propelling development.

Diethylenetriamine (DETA) Industry Analysis

The diethylenetriamine (DETA) market was valued at 38.1 million tons globally in 2023. The market is anticipated to grow at a CAGR of 4.80% between 2023 and 2032, reaching 58.2 million tons by 2032, according to IMARC Group. Global diethylenetriamine (DETA) prices fluctuated significantly in the fourth quarter of 2023 due to a confluence of supply-demand imbalances at the regional, logistical, and macroeconomic levels. Strong demand from downstream industries, especially the silicone rubber sector, and constrained product supply were the main factors driving the price upward trend in the North American DETA market.

This demand resulted in a tightening of supply and ensuing price hikes, along with limited exports and higher bids for foreign markets. The situation was made worse by the large number of transactions in the local market, which gave suppliers the confidence to raise prices in reaction to low supply levels. This pattern highlights how important it is for supply chain inefficiencies and mismatches in supply and demand to have an influence on market pricing, and it also shows how vulnerable the DETA market is to changes in trade fundamentals and inventory levels.

However, the diethylenetriamine market trends in Asia Pacific and Europe presented a contrasting picture. Due to low operating rates, a decline in regional DETA stockpiles, and an increase in demand from the textile and polymer production industries, prices rose throughout the Asia Pacific region, particularly in India. Because of this, even in the face of challenging market conditions, there was a scarcity of supply. Meanwhile, there was an early price movement upward in the European DETA market, especially in Germany, due to robust demand and the rapid depletion of product stocks.

However, the market saw a downturn at the end of November, which was attributed to overcapacity in the petrochemical value chains and Europe's relative lack of competitiveness, which compelled companies to reduce their rates of production. This scenario illustrates the range of factors that drive DETA price in different places. These considerations include industry-specific demand, macroeconomic concerns, supply chain disruptions, shortages in inventory, and more. Each of these factors has a distinct effect on the market environment.

Regional Price Analysis:

Asia Pacific: China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Thailand, South Korea, Malaysia, Nepal, Taiwan, Sri Lanka, Hongkong, Singapore, Australia, and New Zealand
Europe: Germany, France, United Kingdom, Italy, Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland, Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal and Greece
North America: United States and Canada
Latin America: Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru
Middle East & Africa: Saudi Arabia, UAE, Israel, Iran, South Africa, Nigeria, Oman, Kuwait, Qatar, Iraq, Egypt, Algeria, and Morocco

Note: The current country list is selective, detailed insights into additional countries can be obtained for clients upon request.

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