Epichlorohydrin Prices in USA

United States: 1849 USD/MT

In Q4 2023, the price of epichlorohydrin (ECH) in the United States was 1849 USD/MT. The latest report by IMARC Group, titled "Epichlorohydrin Pricing Report 2024: Price Trend, Chart, Market Analysis, News, Demand, Historical and Forecast, Data," delivers a comprehensive analysis of epichlorohydrin prices on a global and regional scale, highlighting the pivotal factors contributing to price changes. This detailed examination includes spot price evaluations at key ports and an analysis of pricing structures, such as Ex Works, FOB, and CIF, across North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.

Epichlorohydrin Prices December 2023:

United States: 1849 USD/MT
South Korea: 1166 USD/MT
Netherlands: 2639 USD/MT
Brazil: 2279 USD/MT

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The study delves into the factors affecting epichlorohydrin 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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Epichlorohydrin Price Trend- Q4 2023

The Epichlorohydrin market is predominantly influenced by several key factors contributing to its growth. The rising demand for epoxy resins, which are the primary derivatives of Epichlorohydrin, acts as a major driving force. Epoxy resins find extensive applications in various industries such as construction, automotive, electronics, and coatings, owing to their exceptional properties like high strength, durability, and chemical resistance. The expanding construction and automotive sectors, particularly in emerging economies, fuel the demand for epoxy resins, thereby stimulating the Epichlorohydrin market. Besides, the increasing adoption of Epichlorohydrin in the production of synthetic glycerin, water treatment chemicals, and pharmaceuticals contributes significantly to market growth. With the growing emphasis on environmental sustainability and stringent regulations promoting clean water initiatives, the demand for water treatment chemicals derived from Epichlorohydrin is expected to rise. Additionally, the pharmaceutical industry's reliance on Epichlorohydrin for manufacturing various drugs, including cholesterol-lowering medications and antiseptics, further boosts market demand. Furthermore, ongoing research and development activities aimed at enhancing production processes, improving product quality, and exploring new applications for Epichlorohydrin continue to drive innovation and market expansion.

Epichlorohydrin Market Analysis

The global epichlorohydrin market size reached US$ 3 Billion in 2023. By 2032, IMARC Group expects the market to reach US$ 5.1 Billion, at a projected CAGR of 6% during 2023-2032. The North American Epichlorohydrin (ECH) market exhibited a notable downtrend in the fourth quarter of 2023, with October remaining subdued due to the maintenance shutdown of a major manufacturer, Westlake Epoxy, in Deer Park, Texas. This shutdown, alongside underutilized capacity, signaled a period of supply constraint. However, November saw a clear downtrend despite some companies hesitating to scale back production. The introduction of new production capacity and slow performance in downstream epoxy resin markets, driven by depleting raw material inventories, contributed to cautious inquiries for ECH, based on rigid demand considerations. Consequently, the US ECH market experienced a significant price decrease of around 15% from the previous quarter and a staggering 41% decline from the same period in the previous year, primarily influenced by cheaper imports and subdued demand.

In the APAC region, Epichlorohydrin prices witnessed a rebound in the fourth quarter of 2023 compared to the previous quarter, driven by a notable increase in the cost of feedstock glycerine during October. Additionally, November experienced a growth in market sentiment fueled by expected improvements in economic activities across the region. However, domestic supply struggled to meet heightened overseas demand, leading to insufficient inventories and creating a tight supply scenario. South Korea, particularly affected by low supply, saw a significant increase in prices. Meanwhile, in Europe, the market faced a downward trend due to weak demand from the construction industry and high supply chain pressures despite moderate supply levels. South America experienced a similar downward trend, driven by steady imports and reduced demand from the construction sector, although the lowered cost of feedstock provided some stability to the market.

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Key Points Covered in the Epichlorohydrin Pricing Report:

The report delivers the following key findings, alongside a comprehensive breakdown of prices by region:

Epichlorohydrin Prices
Epichlorohydrin Demand
Epichlorohydrin Demand & Supply
Epichlorohydrin Market Analysis
Demand Supply Analysis by Type
Demand Supply Analysis by Application
Demand Supply Analysis of Raw Materials
Epichlorohydrin Price Analysis
Epichlorohydrin Industry Drivers, Restraints, and Opportunities
Epichlorohydrin News and Recent developments
Global Event Analysis
List of Key Players

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

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

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