Dinitrochlorobenzene (DNCB) Price Trend

Dinitrochlorobenzene Prices December 2023

In India, the dinitrochlorobenzene (DNCB) market observed notable fluctuations during Q4 2023. October and November experienced a surge in DNCB prices, primarily due to robust demand from the healthcare and pharmaceutical industries, coupled with a tight supply scenario. However, the market dynamics shifted in December, with prices slightly declining. By the quarter's end, the price of DNCB was 1262 USD/MT.

In Spain, the DNCB market during the same period initially saw price improvements, supported by heightened demand from sectors such as printing, plastics, and textiles, underpinned by a rise in consumer spending and reduced market inventories. By the end Q4, constrained inventories and sustained consumer interest kept the market relatively stable, with DNCB prices at 1415 USD/MT.

Dinitrochlorobenzene Price Trend, Market Analysis, and News

IMARC’s newly published report, titled “Dinitrochlorobenzene Pricing Report 2024: Price Trend, Chart, Market Analysis, News, Demand, Historical and Forecast Data,” offers an in-depth analysis of dinitrochlorobenzene 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 dinitrochlorobenzene at major ports, a breakdown of prices including Ex Works, FOB, and CIF, alongside a region-wise dissection of dinitrochlorobenzene price trend across North America, Europe, Asia Pacific, Latin America, the Middle East and Africa.

The report examines the elements influencing dinitrochlorobenzene 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.

Dinitrochlorobenzene Market Analysis

The global dinitrochlorobenzene market size reached 192.6 Thousand Tons in 2023. By 2032, IMARC Group expects the market to reach 276.5 Thousand Tons, at a projected CAGR of 4.10% during 2023-2032.

• Increased use of DNCB in pharmaceutical applications, particularly in the synthesis of active pharmaceutical ingredients and research and development (R&D) activities represents a key growth-inducing factor. As per Congressional Budget Office, the United States, the pharmaceutical industry's R&D spending as a share of net revenues has been on the rise in recent years. In the early 2000s, the industry's R&D intensity averaged about 13% annually. From 2005 to 2014, this intensity increased to an average of 18% to 20% each year. As a result, the demand for materials like DNCB is projected to increase.
• Growth in the agriculture sector has increased the demand for DNCB for the production of pesticides and herbicides. Based on the recent report by IMARC Group, the global agrochemicals market size is projected to reach US$ 390.0 Billion by 2032, exhibiting a growth rate (CAGR) of 3.3% during 2024-2032. Consequently, the demand for DNCB is projected to rise.
• Expanding manufacturing sectors across various regions contribute to higher demand for DNCB in the production of chemicals and other industrial products. As per the World Manufacturing Production Quarterly Report, Q4 2023, by the United Nations Industrial Development Organization (UNIDO), global manufacturing production is entering a more dynamic phase. The manufacturing output globally increased by 1.5% during Q4 2023 as compared to Q4 2022. As a result, the demand for specialty chemicals like DNCB is projected to increase.
• Variability in the costs of key raw materials such as sulfuric acid and nitric acid affect production costs for DNCB. For instance, nitric acid experienced fluctuating prices in 2023 due to supply chain disruptions and global trade uncertainties, which, in turn, had a direct influence on the global DNCB market.
• Increased consumer demand in end-use industries such as textiles, dyes, and coatings drives the market for DNCB. For instance, as per the global paints and coatings market report by IMARC, the industry is projected to grow at a CAGR of 4.6% during 2024-2032, reaching a value of US$ 269.0 Billion by 2032.
• Stricter environmental laws in major markets are pushing manufacturers to modify processes and formulations, impacting DNCB usage and production. Innovations in chemical processing and safer handling of chemicals like DNCB are also enhancing market growth through improved production efficiencies.

Dinitrochlorobenzene News

The report covers the latest developments, updates, and trends impacting the global dinitrochlorobenzene 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 dinitrochlorobenzene production technologies, strategic market expansions by key industry players, and significant mergers and acquisitions that impact the dinitrochlorobenzene price trend.

Latest developments in the dinitrochlorobenzene industry:

• January 2024: Aarti Industries Limited (AIL) has secured a long-term contract worth over ₹6,000 crore with a multinational conglomerate for the supply of a niche specialty chemical. The agreement is for a period of over 4 years.

Product Description

Dinitrochlorobenzene (DNCB) refers to two chemical compounds with the formula C6H3ClN2O4, specifically 2,4-dinitrochlorobenzene and 1,3-dinitrochlorobenzene, both of which are used in various industrial applications. 2,4-Dinitrochlorobenzene, the more common isomer, appears as yellow needle-like crystals with a melting point of 52°C and a boiling point of 315°C. It is sparingly soluble in water but dissolves well in organic solvents such as alcohol and ether. This compound is primarily used in the synthesis of dyes, pharmaceuticals, and agricultural chemicals, leveraging its ability to undergo further chemical reactions like sulfonation and reduction.

Chemically, DNCB is characterized by the presence of 2 nitro groups and 1 chloro group attached to a benzene ring, making it a potent electrophile. This structure contributes to its reactivity, particularly in substitution reactions that are crucial in industrial synthesis processes. DNCB is hazardous upon exposure, known to cause skin irritation and other health risks, necessitating careful handling and adherence to safety regulations in its industrial use.

Regional Coverage

The report provides a detailed analysis of the dinitrochlorobenzene 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 dinitrochlorobenzene price trend.

Global Dinitrochlorobenzene Price

The report offers a holistic view of the global dinitrochlorobenzene pricing trends in the form of dinitrochlorobenzene 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 dinitrochlorobenzene 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 dinitrochlorobenzene 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 Dinitrochlorobenzene Price

In Europe, Q4 2023 saw initial DNCB price increases driven by growing demand from printing, plastics, and textiles, coupled with reduced market inventories. However, persistent high energy costs and inflationary pressures later led to a price decline, reflecting a slowdown in business activities. In Spain, despite a stable market, constrained supply and moderate inflation influenced by lower fuel costs impacted prices, with ongoing high interest rates affecting consumer spending patterns.

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

North America Dinitrochlorobenzene Price

The North American DNCB market saw varied dynamics in Q4 2023, with initial price increases driven by higher consumer spending and easing inflation. However, December experienced a price decline due to reduced demand from downstream industries and a well-supplied market. Despite this, consumer confidence remained high, influenced by decreased inflationary pressures which boosted spending. Yet, a late-quarter rise in inflation led to cautious consumer behavior, affecting overall demand for Dinitrochlorobenzene.

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

Middle East and Africa Dinitrochlorobenzene Price

The report explores the DNCB 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 dinitrochlorobenzene prices for countries can also be provided.

Asia Pacific Dinitrochlorobenzene Price

The APAC DNCB market in Q4 2023 was marked by robust demand from healthcare and pharmaceutical sectors, pushing prices up. Constrained supply and rising costs of key raw materials like sulfuric and nitric acid also contributed to higher prices. India displayed a significant price increase until November, fueled by strong demand and limited supply, but saw a decline in December due to slower demand and rising interest rates, reflecting a volatile pricing trend throughout the quarter.

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

Latin America Dinitrochlorobenzene Price

The analysis of DNCB 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 dinitrochlorobenzene 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 dinitrochlorobenzene 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 dinitrochlorobenzene price charts ensure our clients remain at the forefront of the industry.