Para Aminophenol Price Trend

Para Aminophenol Prices December 2023

The price of para aminophenol (PAP) in China for Q4 2023 reached 3545 USD/MT in December. In China, prices began to surge significantly starting in November, influenced by robust demand. Besides this, the trading landscape, driven by escalating costs of ocean freight contributed to the overall increase in export prices. Besides this, manufacturers and suppliers, guided by the market trend of the previous month, adopted a strategic approach. They maintained consistent export shipments and exercised caution in managing inventory levels. Additionally, the strengthening of exchange rates and the Chinese currency Renminbi (RMB) against the USD also contributed to the tight market sentiment.

The price trend for PAP in the USA experienced a significant hike, reaching 4630 USD/MT in December 2023. The market experienced a remarkable increase in demand from the downstream sector, combined with a notable boost in consumer confidence. The heightened demand also prompted restocking activities, leading market players to place substantial orders from exporting nations to replenish their inventories.

Para Aminophenol Price Trend, Market Analysis, and News

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

The report examines the elements influencing para aminophenol 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.

Para Aminophenol Market Analysis

The global para aminophenol market size reached US$ 157 Thousand Tonnes in 2023. By 2032, IMARC Group expects the market to reach US$ 229.9 Thousand Tonnes, at a projected CAGR of 4 4.30% during 2023-2032.

• PAP is a key intermediate in the synthesis of paracetamol, one of the most commonly used pain relievers globally. As demand for pain management solutions increases, the need for PAP also rises, especially with expanding healthcare access.
• The world's aging population requires more frequent medical interventions and pain management solutions. This has further bolstered the consumption of medications like paracetamol, subsequently propelling the production and demand for PAP as a vital component.
• Moreover, the expanding healthcare infrastructure allows enhanced access to medications. As more facilities become capable of dispensing drugs, the demand for over-the-counter (OTC) painkillers increases in the pharmaceutical industry, creating a positive outlook for market expansion.
• Another factor influencing market growth is the growing public awareness about health and wellness, leading to an increased consumption of OTC pain relief solutions like paracetamol.
• Furthermore, PAP serves as a starting material for various dyes, particularly in hair coloring products. As fashion and personal grooming trends evolve, the demand for diverse and high-quality cosmetic products like hair dyes is growing, boosting the market demand.
• Innovations in dye technology, including those for hair products, which often require pure and reliable raw materials are providing an impetus to the market growth.
• In addition to this, the widespread product utilization in analog photography, particularly in black and white films is fueling the market growth. PAP acts as a developer agent in analog film development. During the development process, exposed silver halide crystals in the film emulsion are reduced to metallic silver. PAP facilitates this reduction reaction, turning the exposed silver halide grains into visible metallic silver particles, forming the photographic image.
• Besides this, stricter environmental standards in chemical production pushing manufacturers towards using intermediates like PAP that can be handled and processed in environmentally safer ways compared to other compounds is impelling the market growth.

Para Aminophenol News

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

Latest developments in the para aminophenol industry:

• In July 2022, Sadhana Nitro Chem Limited (SNCL) started production of its first PAP plant, marking a pivotal moment as it introduced its PAP product to the Indian market.
• In April 2022, IOL Chemicals and Pharmaceuticals started commercial production of paracetamol with an installed capacity of 1800 MTPA and backward integration of para-amino phenol (PAP).

Product Description

Para-aminophenol (PAP) is an organic compound that belongs to the class of anilines. It is known for its features that include good solubility in water and alcohol, and its relatively high melting point. These features make it suitable for various chemical reactions and applications. Moreover, PAP's ability to act as both a reducing agent and an amine allows it to experience diverse chemical transformations, contributing to its wide utility in different industrial sectors.

Besides this, para-aminophenol is employed in the production of hair dye and color film developers. In the cosmetic industry, PAP is valued for its properties as a dye precursor and used to develop permanent hair coloring solutions. It reacts with various molecules to produce a range of dye colors, thereby playing a crucial role in the formulation of hair colorants.

Regional Coverage

The report provides a detailed analysis of the para aminophenol 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 para aminophenol price trend.

Global Para Aminophenol Price

The report offers a holistic view of the global para aminophenol pricing trends in the form of para aminophenol 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 para aminophenol 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 para aminophenol 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 Para Aminophenol Price

The European region has experienced a significant surge in the prices of PAP, a trend driven by a notable spike in demand from the downstream sector, coupled with a remarkable boost in consumer confidence across the European region. Additionally, there is a substantial increase in transportation costs, which also contributed to the price hike. Besides this, the heightened demand also triggered restocking activities, prompting market players to place bulk orders from exporting nations to replenish their inventories.

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

North America Para Aminophenol Price

In North America, the market has experienced a significant rise in PAP prices, influenced by the remarkable increase in demand from the downstream sector and a notable boost in consumer confidence. The decision of North American market participants to mirror the pricing curve of exporting nations reflects a strategic move to sustain competitiveness in the market. Besides this, the considerable hike in freight cost also added to rising PAP prices.

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

Middle East and Africa Para Aminophenol Price

The PAP market in the Middle East and Africa (MEA) region showcased a surge in demand due to increased production costs and global economic recovery, leading to a tight supply situation and higher prices. Furthermore, the volatility of raw material prices, such as ammonia and phenol, contributed to additional price fluctuations. Apart from this, the cautious consumer sentiment in the United Arab Emirates (UAE) due to inflationary pressures and economic uncertainties influenced the market demand.

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

Asia Pacific Para Aminophenol Price

The PAP pricing in the Asia Pacific region is witnessing a decline in demand, attributed to a sluggish economy and reduced consumer spending, resulting in an oversupply of para-aminophenol. Concurrent with this, the market experienced downward pressure on prices due to the high inventory levels among suppliers as well as decreased interest from downstream industries, which further reduced the demand for PAP.

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

Latin America Para Aminophenol Price

The analysis of para-aminophenol 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 para aminophenol 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 para aminophenol 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 para aminophenol price charts ensure our clients remain at the forefront of the industry.