Pentaerythritol Pricing Report 2024: Price Trend, Chart, Market Analysis, News, Demand, Historical and Forecast Data

Pentaerythritol Pricing Report 2024: Price Trend, Chart, Market Analysis, News, Demand, Historical and Forecast Data

Report Format: PDF+Excel | Report ID: SR112024A22611
Buy Now

Pentaerythritol Prices December 2023

Product
Category Region Price
Pentaerythritol Specialty Chemical USA 1910 USD/MT
Pentaerythritol Specialty Chemical China 1220 USD/MT
Pentaerythritol Specialty Chemical Belgium 1435 USD/MT
Pentaerythritol Specialty Chemical Saudi Arabia 1180 USD/MT


The pentaerythritol prices in the United States for Q4 2023 reached 1910 USD/MT in December. In Q4 2023, the USA's pentaerythritol market saw a price decline due to reduced demand in downstream sectors and decreased restocking activities ahead of winter. Limited consumption from insecticide sectors, coupled with shipping delays and lower feedstock costs, led to high inventory levels and further downward pressure on prices.

The price trend for pentaerythritol in China for Q4 2023 settled at 1220 USD/MT in December. China's pentaerythritol market experienced mixed trends in Q4 2023, with weak demand from downstream sectors such as adhesives and disinfectants. This, alongside reduced upstream cost support, led to increased inventories, and falling prices. Shipping disruptions due to geopolitical events added to the market's complexity, affecting supply chains, and contributing to the bearish outlook.

In Belgium, the pentaerythritol prices for Q4 2023 reached 1435 USD/MT in December. In Q4 2023, Belgium's market faced consistent price declines due to weak demand from regional buyers and lower upstream methanol costs. Reduced application in insecticides and weaker demand from producers of plasticizers and inks, along with rising inventory levels, further contributed to the bearish trend as the quarter concluded.

The price trend for pentaerythritol in Saudi Arabia for Q4 2023 settled at 1180 USD/MT in December. During Q4 2023, Saudi Arabia's pentaerythritol market saw falling prices due to reduced demand from key downstream industries and geopolitical tensions affecting supply chains. Increased domestic inventories, coupled with lower food sector sales and shipping disruptions from regional conflicts, kept the market under pressure throughout the quarter.

Pentaerythritol Price Trend, Market Analysis, and News

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

The report examines the elements influencing pentaerythritol 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.

Pentaerythritol Price Trend

Pentaerythritol Market Analysis

The global pentaerythritol market size reached US$ 1.7 Billion in 2023. By 2032, IMARC Group expects the market to reach US$ 2.5 Billion, at a projected CAGR of 4.30% during 2023-2032.

  • The paint and coating industry is experiencing an increase in the product demand due to rising construction globally. Pentaerythritol is used as a key component in alkyd resins to improve the qualities of paints, including durability, gloss retention, and resistance to environmental elements. Urbanization is also speeding up, which raises the need for raw materials like pentaerythritol in infrastructure and development projects. Through October 2023, financing under the Bipartisan Infrastructure Law (BIL) is expected to total about $350 billion in the United States. Among which, $5.9 billion has been set aside for ports and waterways, $9.8 billion for passenger and freight trains, $174.7 billion for major projects, roads, bridges, and public transportation, $7.8 billion for airports, and $34.1 billion for public transportation. Additionally, between 2024 and 2032, the real estate industry is predicted to expand at a 1.9% yearly pace.
  • The automotive industry uses pentaerythritol for the production of adhesives and sealants. It improves the vehicle's durability and integrity as they bond parts, seal openings, and better structural strength. Moreover, as people's per capita income rises internationally, more people are buying cars, which spurs the need for PENT. The number of motor vehicles produced in 2022 was 85.4 million, a 5.7% rise from 2021. Of these, China produced 27,222 thousand units, followed by Europe with 16,391 thousand units and North America with 14,901 thousand units. Beyond this, the market for commercial vehicles is expected to be USD 1114.2 billion by 2032, growing at an annual rate of 3.6%.
  • Moreover, due to health concerns associated with traditional phthalates, there has been a rising demand for non-phthalate plasticizers in consumer products and packaging materials. Pentaerythritol-based plasticizers are known to be safer and more sustainable. Packaging is important in various sectors and is seeing a growth of 3.9% yearly pace to reach $1.42 trillion in 2028. Packaging demand in Asia is also increasing rapidly and is expected to rise by 5.3% year-on-year (YoY) between 2023 and 2028. China will showcase the fastest demand and consumption of packaging materials as it will account for 25.3% of world packaging demand by value in 2028.
  • The fire safety industry is also adopting pentaerythritol for manufacturing intumescent coatings in fireproofing buildings, vehicles, and equipment. These coatings expand when they are exposed to heat and create a char that protects the material beneath from fire. 1.5 million fires in the United States during the year 2022. They caused 3,790 civilian deaths, and 13,250 were injured. It is estimated that a loss of $18 billion occurred due to these fires. This data is crucial and encourages the adoption of PENT in proofing buildings for fire resistance.
  • In addition, pentaerythritol production is showing growth as a result of its use in electronic enclosures and components. Manufacturers in the electronics sector are using PENT to protect their devices from fire hazards and to improve the safety of many components. Online sales of consumer electronics are seeing a hike as it is expected to reach €496.4 billion ($540 billion) in 2027, which is up from €434.99 billion ($473.2 billion) in 2020. India is also exporting several electronic devices to many countries worldwide. Its exports were valued at $101 billion in FY23. Of these, mobile phones accounted for 43%, IT hardware 5%, consumer electronics 12%, strategic electronics 5%, industrial electronics 12%, wearables & hearables 0.3%, PCBA 0.7, auto electronics 8%, LED lighting (3%), and electronic components (11%). This is making the use of pentaerythritol evident in these products and devices.

Pentaerythritol News

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

Latest developments in the pentaerythritol industry:

  • In June 2023, Perstorp India announced an ISCC PLUS certification at the new production site Sayakha, that is located in Gujarat. The facility will produce Pentaerythritol as well as its renewable equivalent, Voxtar.
  • In October 2021, Asian Paints Ltd proposed to double the production capacity of pentaerythritol to 1,500 tons per month from 730 tons per month for the manufacturing of paints and lubricants at its Cuddalore plant in Tamil Nadu.

Product Description

Pentaerythritol (C5H12O4) is a versatile organic compound that is known for its utility in various industrial applications. It is synthesized through the aldol condensation of formaldehyde and acetaldehyde, resulting in a white, crystalline powder characterized by its stability and high melting point. Pentaerythritol is classified as monopentaerythritol and is used in its polymeric forms, such as dipentaerythritol and tripentaerythritol, which offer varied properties like enhanced functionality.

It is recognized for its remarkable properties, including high flash point, excellent water solubility, and resistance to oxidation. Pentaerythritol is used in materials such as alkyd resins, lubricants, explosives, polyvinyl chloride (PVC) stabilizers, antioxidants, synthetic rubber, firefighting foams, printing inks, adhesives, and sealants. Pentaerythritol offers numerous benefits, including its efficiency in enhancing product performance, cost-effectiveness in production processes, and versatility. Moreover, it has the ability to act as a flame retardant and produce low volatile organic compound (VOC) paints.

Regional Coverage

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

Global Pentaerythritol Price

The report offers a holistic view of the global pentaerythritol pricing trends in the form of pentaerythritol 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 the current price but also provides insights into pentaerythritol historical price trends, enabling stakeholders to understand past fluctuations and their underlying causes.

The report also delves into pentaerythritol 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 pentaerythritol 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 Pentaerythritol Price

Throughout the last quarter of 2023, the European pentaerythritol market mirrored the bearish trends seen in North America, with prices falling steadily. The market was impacted by a decrease in demand from regional buyers and diminished cost support from lower Methanol prices. The drop in temperatures in the Northern Hemisphere led to a reduced application of Pentaerythritol in insecticides, further affecting consumption rates. Additionally, demands from ink and plasticizer makers were weak, and the demand for polyester fibers dropped in winter, negatively affecting polyol industries. Consequently, inventory levels rose, adding to the downward pressure on prices as the quarter concluded .

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

Region Countries Covered
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, among other European countries.


North America Pentaerythritol Price

In the fourth quarter of 2023, the North American Pentaerythritol market experienced a notable price decline due to high inventory levels and a reduction in demand across end-user industries. The decreased restocking ahead of winter and reduced feedstock costs, like Formaldehyde, lowered production expenses. Additionally, low adoption from the insecticide sector, influenced by colder temperatures, further weakened the market. Shipping constraints, notably on the Mississippi River, compounded inventory buildup. By the quarter's end, the paint sector's low demand and logistical delays, including those through the Panama Canal, resulted in higher inventory levels, further impacting market sentiment negatively .

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

Region Countries Covered
North America United States and Canada


Middle East and Africa Pentaerythritol Price

In Q4 2023, the MEA region's pentaerythritol market maintained a bearish stance, with prices declining due to reduced demand in key sectors such as production of paint swelling agents as well as plasticizers. Uncertainty fueled by geopolitical tensions in the region, alongside diminished purchasing efforts from final consumers, further pressured prices. The rise in local inventory levels was also driven by lower demand concerning food-thickening agents amidst increasing rising food prices and a drop in food sector sales. Moreover, shipping disruptions following attacks in the Red Sea contributed to rerouted vessels and increased shipping traffic, which further influenced the market's supply dynamics .

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

Region Countries Covered
Middle East & Africa Saudi Arabia, UAE, Israel, Iran, South Africa, Nigeria, Oman, Kuwait, Qatar, Iraq, Egypt, Algeria, and Morocco, among other Middle Eastern and African countries.


Asia Pacific Pentaerythritol Price

The Asian pentaerythritol market exhibited diverse trends in Q4 2023, with varying demand across sectors. Early in the quarter, requirements from paint and plasticizer producers dropped due to winter, resulting in a market decline scenario. However, some regions, like India, experienced firm demand, driving prices up. China faced declining production rates and increased inventories due to cautious buying and weak downstream consumption, particularly from disinfectant and adhesive producers. Additionally, global shipping disruptions following attacks in the Red Sea led to increased shipping traffic around the Cape of Good Hope, causing a split in market conditions. Overall, the quarter ended with varied pricing trends across different countries in the region .

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

Region Countries Covered
Asia Pacific China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Thailand, South Korea, Malaysia, Nepal, Taiwan, Sri Lanka, Hongkong, Singapore, Australia, and New Zealand, among other Asian countries.


Latin America Pentaerythritol Price

The analysis of pentaerythritol 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.

Region Countries Covered
Latin America Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru, among other Latin American countries.


Report Coverage

Key Attributes Details
Product Name Pentaerythritol
Report Features Exploration of Historical Trends and Market Outlook, Industry Demand, Industry Supply, Gap Analysis, Challenges, Pentaerythritol Price Analysis, and Segment-Wise Assessment.
Currency/Units US$ (Data can also be provided in local currency) or Metric Tons
Region/Countries Covered The current coverage includes analysis at the global and regional levels only. 
 
Based on your requirements, we can also customize the report and provide specific information for the following countries: 
 
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*

*The list of countries presented is not exhaustive. Information on additional countries can be provided if required by the client.
Information Covered for Key Suppliers
  • Company Overview
  • Business Description
  • Product Portfolio
  • Recent Trends and Developments
Customization Scope The report can be customized as per the requirements of the customer
Report Price and Purchase Option

Plan A: Monthly Updates - Annual Subscription

  • Scope
    • Historical Data for the Current Month
    • Forecast for Next Month
  • Total Deliverables Per Year: 12 (One Per Month)
  • Includes: One PDF and Excel datasheet per month, Post Purchase Analyst Support throughout the year

Plan B: Quarterly Updates - Annual Subscription

  • Scope
    • Historical Data for the Current Quarter
    • Forecast for Next Quarter
  • Total Deliverables Per Year: 4 (One Per Quarter)
  • Includes: One PDF and Excel datasheet per Quarter, Post Purchase Analyst Support throughout the year

Plan C: Biannually Updates - Annual Subscription

  • Scope
    • Historical Data for the Current Half
    • Forecast for the Next Half
  • Total Deliverables Per Year: 2 (One Per 6 Months)
  • Includes: One PDF and Excel datasheet per Half, Post Purchase Analyst Support throughout the year
Post-Sale Analyst Support  360-degree analyst support after report delivery
Delivery Format PDF and Excel through email (We can also provide the editable version of the report in PPT/Word format on special request) 


Key Benefits for Stakeholders:

  • IMARC’s report presents a detailed analysis of pentaerythritol 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 pentaerythritol 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 pentaerythritol price charts ensure our clients remain at the forefront of the industry.

Need more help?

  • Speak to our experienced analysts for insights on the current market scenarios.
  • Include additional segments and countries to customize the report as per your requirement.
  • Gain an unparalleled competitive advantage in your domain by understanding how to utilize the report and positively impacting your operations and revenue.
  • For further assistance, please connect with our analysts.
Pentaerythritol Pricing Report 2024: Price Trend, Chart, Market Analysis, News, Demand, Historical and Forecast Data
Purchase Options
For 2 Deliverables, Billed Annually

For 4 Deliverables, Billed Annually

For 12 Deliverables, Billed Annually


Benefits of Customization

Personalize this research

Triangulate with your data

Get data as per your format and definition

Gain a deeper dive into a specific application, geography, customer, or competitor

Any level of personalization

Get in Touch With Us
UNITED STATES

Phone: +1-631-791-1145

INDIA

Phone: +91-120-433-0800

UNITED KINGDOM

Phone: +44-753-714-6104

Email: sales@imarcgroup.com

Client Testimonials

Aktive Services

IMARC made the whole process easy. Everyone I spoke with via email was polite, easy to deal with, kept their promises regarding delivery timelines and were solutions focused. From my first contact, I was grateful for the professionalism shown by the whole IMARC team. I recommend IMARC to all that need timely, affordable information and advice. My experience with IMARC was excellent and I can not fault it.

Read More
Greenfish S.A.

The IMARC team was very reactive and flexible with regard to our requests. A very good overall experience. We are happy with the work that IMARC has provided, very complete and detailed. It has contributed to our business needs and provided the market visibility that we required

Read More
Colruyt Group

We were very happy with the collaboration between IMARC and Colruyt. Not only were your prices competitive, IMARC was also pretty fast in understanding the scope and our needs for this project. Even though it was not an easy task, performing a market research during the COVID-19 pandemic, you were able to get us the necessary information we needed. The IMARC team was very easy to work with and they showed us that it would go the extra mile if we needed anything extra

Read More
KRISHAK BHARATI CO-OP LTD

Last project executed by your team was as per our expectations. We also would like to associate for more assignments this year. Kudos to your team.

Read More
Zee Media Corp. Ltd.

We would be happy to reach out to IMARC again, if we need Market Research/Consulting/Consumer Research or any associated service. Overall experience was good, and the data points were quite helpful.

Read More
Arabian Plastic Manufacturing Company Ltd.

The figures of market study were very close to our assumed figures. The presentation of the study was neat and easy to analyse. The requested details of the study were fulfilled. My overall experience with the IMARC Team was satisfactory.

Read More
Sumitomo Corporation

The overall cost of the services were within our expectations. I was happy to have good communications in a timely manner. It was a great and quick way to have the information I needed.

Read More
Hameln Rds

My questions and concerns were answered in a satisfied way. The costs of the services were within our expectations. My overall experience with the IMARC Team was very good.

Read More
Quality Consultants BV

I agree the report was timely delivered, meeting the key objectives of the engagement. We had some discussion on the contents, adjustments were made fast and accurate. The response time was minimum in each case. Very good. You have a satisfied customer.

Read More
TATA Advanced Systems Limited

We would be happy to reach out to IMARC for more market reports in the future. The response from the account sales manager was very good. I appreciate the timely follow ups and post purchase support from the team. My overall experience with IMARC was good.

Read More
Stax

IMARC was a good solution for the data points that we really needed and couldn't find elsewhere. The team was easy to work, quick to respond, and flexible to our customization requests.

Read More
DEinternational Egypt

IMARC did an outstanding job in preparing our study. They were punctual and precise, delivering all the data we required in a clear and well-organized format. Their attention to detail and ability to meet deadlines was impressive, making them a reliable partner for our project.

Read More
Gulf Excellent Group

I wanted to express my sincere appreciation for your efforts in handling this matter. Your dedication and commitment have truly been commendable. It is evident that you have put in a tremendous amount of hard work and expertise into resolving the issues at hand. I would also like to take this opportunity to inform you that we are greatly interested

Read More
FS Corporation Inc.

Overall, the deliverable was well organized and my experience with the project team was good. In particular, I appreciated how they responded when I requested additional information and the Japanese version.

Read More
Egyptian Industrial Investment Group

The IMARC team were extremely professional and very cooperative. The team were also extremely flexible in making changes and modifications wherever required. The entire experience right from project kick-off to after sales support was fruitful and smooth.

Read More
Vishnu Chemicals

I’d like to express my gratitude for the work you accomplished with the industry report. The way you responded to the requirements and delivered under tight timelines shows your expertise, exceptional work ethic and commitment to your customer’s success. The entire team and company are incredibly thankful for your dedication. Once again, thank you

Read More
MOUNT EVEREST BREWERIES LIMITED

The market reports from IMARC have been instrumental in guiding our business strategies. We found the reports comprehensive and data-driven, which helped us make informed decisions. The detailed insights and actionable data have consistently provided us with a competitive edge in a rapidly changing alcohol market.

Read More
Borges Branded Foods

One of the best things about IMARC is their flexibility and predisposition to tailor the reports and adapt to our needs. They are not just great in their researching and consulting solutions, but their service is unparallelled. We’ve worked with them a couple of times and we will keep working with them in future projects.

Read More
Godrej Consumer Products Limited

We recently commissioned multiple market research reports from IMARC, and the insights we received were invaluable. The depth of analysis, accuracy of data, and actionable recommendations have greatly enhanced our strategic decision-making.

Read More
ADC Therapeutics

The market estimates provided by your team were pretty much in line with what we were theorizing internally. Really appreciate the work on this.

Read More
Ivanti

The sale account manager and the service was excellent. The data and market trends gathered from the report was insightful and really assisted while planning future product and growth strategies.

Read More
Asiatic Electrical & Switchgear P. Ltd.

The report is excellent and has good amount of data and our team is extremely happy with the information provided.

Read More
Denka Co., Ltd.

Thank you very much for your cooperation and post purchase support. We were really happy with the final deliverable, and the takeaways from the report.

Read More