Dibutyl Phthalate Prices

Dibutyl Phthalate Prices December 2023

In the fourth quarter of 2023, India's DBP market experienced a significant increase in prices, reaching 1469 USD/MT. This growth was primarily driven by heightened product demand and the escalating raw material expenses. India emerged as a pivotal player in the Asian market, encountering robust demand and notable price fluctuations. Throughout the quarter, supply and demand dynamics, as well as competitive pressures, profoundly influenced the market trends.

Dibutyl Phthalate Price Trend, Market Analysis, and News

IMARC’s newly published report, titled “Dibutyl Phthalate Pricing Report 2024: Price Trend, Chart, Market Analysis, News, Demand, Historical and Forecast Data,” offers an in-depth analysis of dibutyl phthalate pricing, covering an analysis of global and regional market trends and the critical factors driving these price movements.

It encompasses an in-depth review of spot price of dibutyl phthalate at major ports, a breakdown of prices including Ex Works, FOB, and CIF, alongside a region-wise dissection of dibutyl phthalate price trend across North America, Europe, Asia Pacific, Latin America, the Middle East and Africa.

The report examines the elements influencing dibutyl phthalate price fluctuations, such as changes in raw material costs, supply-demand dynamics, geopolitical factors, and industry-specific developments. Additionally, it integrates the latest market news, providing stakeholders with up-to-date information on market shifts, regulatory changes, and technological advancements, thereby offering a comprehensive overview that aids in strategic decision-making and forecasting.

Dibutyl Phthalate Market Analysis

The global dibutyl phthalate market size reached 226.9 Thousand Tons in 2023. By 2032, IMARC Group expects the market to reach 299.1 Thousand Tons, at a projected CAGR of 3.10% during 2023-2032.

• The flourishing automotive industry, the push for lighter, more fuel-efficient vehicles necessitates the use of flexible PVC in components, boosting DBP's demand.
• Continual technological advancements in medical technologies and the rising need for flexible, safe medical devices and packaging also contribute to the market's expansion.
• The shifting trends towards sustainability and eco-friendly materials pose challenges but also open avenues for innovation in the DBP market, with research focusing on developing bio-based and less environmentally damaging plasticizers.
• The growing market is influenced by stringent regulatory frameworks aiming to reduce health and environmental risks associated with phthalate exposure.
• The packaging industry needs flexible, durable, and lightweight packaging solutions for food, pharmaceuticals, and consumer goods, which supports the use of DBP-containing materials, aligning with the trend toward more sophisticated and sustainable packaging options.
• The electronics industry also contributes to DBP market growth, as it is used in the production of flexible PVC for insulation on wires and cables, and in components where durability and flexibility are paramount.
• Rapid industrialization and economic growth in regions like Africa, South America, and parts of Asia present new opportunities for the DBP market.
• Changes in consumer preferences towards more durable, lightweight, and flexible products in sectors such as sports equipment, leisure, and travel goods also drive the demand for DBP.
• The growing demand for materials that offer superior performance characteristics, such as increased durability, flexibility, and resistance to chemicals and physical stress.
• The growing cosmetic industry, driven by increasing consumer spending on personal care products globally, significantly impacts DBP demand.
• Rapid globalization of the fashion and retail sectors, characterized by fast fashion cycles and an increased demand for affordable luxury goods, fuels the need for materials that are flexible, durable, and cost-effective.

Dibutyl Phthalate News

The report covers the latest developments, updates, and trends impacting the global dibutyl phthalate market, providing stakeholders with timely and relevant information. This segment covers a wide array of news items, including the inauguration of new production facilities, advancements in dibutyl phthalate production technologies, strategic market expansions by key industry players, and significant mergers and acquisitions that impact the dibutyl phthalate price trend.

Latest developments in the dibutyl phthalate industry:

• On March 25, 2024, Eastman's second U.S. molecular recycling facility in Longview, Texas, has been selected by the Department of Energy for award negotiations, potentially receiving up to $375 million in funding from the Bipartisan Infrastructure Law and Inflation Reduction Act.
• On June 28, 2023, KLJ formed a scheme of 20 lakhs through the group. Plasticizers & Phthalic Anhydride ($145 million) production capacity of 300,000 MT (Phthalate Plasticizers) and 100,000 MT (Phthalic Anhydride) among others inaugurated in the Bharuch. Gujarat, India is the first backward integrations for Phthalic Anhydride. Our ambition is to supply to the growing markets by providing quality and innovation in our products; as we foresee to journey into the next stages guided by the market dynamics we aim at increasing at a rate between 6-8% annually.
• On January 5, 2024, UPC won a silver award in the "Best Processing Center" category at the PaySpace Magazine Awards 2023, recognizing its contribution to the Ukrainian FinTech and e-commerce sectors. Despite challenges in 2023, UPC maintained service reliability and security, marking its fourth consecutive recognition at this event. This accolade underscores the team's collective effort to deliver top-notch client solutions.

Product Description

Dibutyl Phthalate (DBP) is a chemical substance which is present in almost all products and its function is to modify the plastic appearance. To this class of them a plasticizer is typically added with the sole intention to broaden the range of plastics’ characteristics, like flexibility, transparency, extended durability, or lifetime. DPB is a result of n-butanol and phthalic anhydride’s esterification. This procedure is achieved by the combination of alcohol and anhydride under controlled conditions of temperature and pressure, which is catalyzed by a catalyzer to yield DBP along with water as a byproduct.

The significance of DBP is that it helps strengthen a wide range of consumer goods. It is a major ingredient in providing plastics with a high degree of toughness, which is very relevant for numerous items including ones like toys and packaging materials on the consumer scale, and, to a certain degree, for applications like wires and cables on the industrial scale. DBP is beneficial because it significantly contributes to better material durability, exposure to weather extremes chemical exposure resistance, and quality of final products.

Besides this use, it is employed as a solvent during the production of paints, printing supplies, adhesives, and cosmetics. DBP has demonstrated a high level of versatility and efficiency for enhancing material properties as well as the manufacturing lifespan of many products.

Regional Coverage

The report provides a detailed analysis of the dibutyl phthalate market across different regions, each with unique pricing dynamics influenced by localized market conditions, supply chain intricacies, and geopolitical factors. This includes price trends, price forecast and supply and demand trends for each region, along with spot prices by major ports. The report also provides coverage of ex-works, FOB, and CIF prices, as well as the key factors influencing the dibutyl phthalate price trend.

Global Dibutyl Phthalate Price

The report offers a holistic view of the global dibutyl phthalate pricing trends in the form of dibutyl phthalate price charts, reflecting the worldwide interplay of supply-demand balances, international trade policies, and overarching economic factors that shape the market on a macro level. This comprehensive analysis not only highlights current price of dibutyl phthalate but also provides insights into historical price trends, enabling stakeholders to understand past fluctuations and their underlying causes.

The report also delves into price forecast models, projecting future price movements based on a variety of indicators such as expected changes in supply chain dynamics, anticipated policy shifts, and emerging market trends. By examining these factors, the report equips industry participants with the necessary tools to make informed strategic decisions, manage risks, and capitalize on market opportunities. Furthermore, it includes a detailed dibutyl phthalate demand analysis, breaking down regional variations and identifying key drivers specific to each geographic market, thus offering a nuanced understanding of the global pricing landscape.

Europe Dibutyl Phthalate Price

In the fourth quarter of the report year, the price trend of DBPH in Europe declined, due to the narrow gap between supply and demand and the overall production cost remaining low. On the contrary, the fourth quarter constituted a tranquil period for DBP precursors. However, the volatile mood of the major feedstock for n-butanol and phthalic anhydride during the quarter, which DBP relies on, was relatively high.

This analysis can be extended to include detailed dibutyl phthalate price information for a comprehensive list of countries.

North America Dibutyl Phthalate Price

In Q4 2023, North America's DBP market saw a bullish trend, driven by strong supply-demand dynamics and a thriving construction sector amid economic recovery. The price was significantly influenced by a global price increase for chemicals in November, including the primary feedstock n-Butanol, affecting downstream plasticizer and elastomer manufacturers despite their moderate demand trend.

Specific dibutyl phthalate historical data within the United States and Canada can also be provided.

Middle East and Africa Dibutyl Phthalate Price

The report explores the dibutyl phthalate pricing trends in the Middle East and Africa, considering factors like regional industrial growth, the availability of natural resources, and geopolitical tensions that uniquely influence market prices.

In addition to region-wise data, information on dibutyl phthalate prices for countries can also be provided.

Asia Pacific Dibutyl Phthalate Price

The fourth quarter of 2023 saw the APAC community sharing the DBP experience which turned out to be a tremendous period. Demand and supply of the products were considerably affected few key influencing factors. The market first saw a sharp increase in the costs of raw materials, particularly phthalic anhydride and n-butanol which, as the input factors in the production process, adversely affected DBP output prices. Mainly, the sector of goods that may include plasticizers and construction observed different types of demand and therefore, faced up and down fluctuations of overall DBP consumption.

This dibutyl phthalate price analysis can be expanded to include a comprehensive list of countries within the region.

Latin America Dibutyl Phthalate Price

The analysis of dibutyl phthalate prices in Latin America provides a detailed overview, reflecting the unique market dynamics in the region influenced by economic policies, industrial growth, and trade frameworks.

This comprehensive review can be extended to include specific countries within the region.

Report Coverage

Key Benefits for Stakeholders:

• IMARC’s report presents a detailed analysis of dibutyl phthalate pricing, covering global and regional trends, spot prices at key ports, and a breakdown of Ex Works, FOB, and CIF prices.
• The study examines factors affecting dibutyl phthalate price trend, including raw material costs, supply-demand shifts, geopolitical impacts, and industry developments, offering insights for informed decision-making.
• The competitive landscape review equips stakeholders with crucial insights into the latest market news, regulatory changes, and technological advancements, ensuring a well-rounded, strategic overview for forecasting and planning.
• IMARC offers various subscription options, including monthly, quarterly, and biannual updates, allowing clients to stay informed with the latest market trends, ongoing developments, and comprehensive market insights. The dibutyl phthalate price charts ensure our clients remain at the forefront of the industry.