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Glutaric Acid Pricing Report 2024: Price Trend, Chart, Market Analysis, News, Demand, Historical and Forecast Data
Report Format: PDF+Excel | Report ID: SR112024A23724
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Glutaric Acid Prices December 2023
|
Product
|
Category | Region | Price |
|---|---|---|---|
| Glutaric Acid | Chemical | China | 2488 USD/MT |
The price of glutaric acid in the United States for Q4 2023 reached 2488 USD/MT in December.
Glutaric Acid Price Trend, Market Analysis, and News
IMARC’s newly published report, titled “Glutaric Acid Pricing Report 2024: Price Trend, Chart, Market Analysis, News, Demand, Historical and Forecast Data,” offers an in-depth analysis of glutaric acid 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 glutaric acid at major ports, a breakdown of prices including Ex Works, FOB, and CIF, alongside a region-wise dissection of glutaric acid price trend across North America, Europe, Asia Pacific, Latin America, the Middle East and Africa.
The report examines the elements influencing glutaric acid 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.
Glutaric Acid Market Analysis
- The global glutaric acid market is significantly driven by its increasing demand in the polymer industry. Glutaric acid is used as a key intermediate in the production of various polymers, such as polyamides and polyurethanes. These polymers find extensive applications in the manufacturing of automotive components, textiles, and consumer goods due to their enhanced properties such as high tensile strength, durability, and resistance to chemicals and heat. With the expanding automotive and textile industries, the demand for these polymers is rising, thereby propelling the glutaric acid market. According to the AUTOMOTIVE WORLD, the automotive sales are projected to grow up to 48% in 2022, about to reach 9.4 Million Units around the globe. This rise in production fuels the demand for high-performance polymers, including those derived from glutaric acid, as they are essential for manufacturing lightweight and fuel-efficient vehicle components.
- Another major driver for glutaric acid market is the pharmaceutical sector. Glutaric acid is employed in the preparation of some pharmaceutical drugs and as a component of some polyesters. This highlights its importance as a biochemical entity, serving as a precursor for drugs for the treatment of metabolic disorders. Rising incidence of metabolic disorders worldwide is augmenting the need for efficient treatment further raising demand for glutaric acid. Biodegradable plastics have drawn a lot of attention due to an increasing environmental awareness and a new trend of environmentally conscious consumption. Biodegradable polyhydroxyalkanoates is available as a chemical intermediate for the polymer production of commercially attractive, but also raises flexible use in polylactic acid. These can be used to replace conventional plastics and are used in the field of packaging, agriculture & medical applications.
- The chemical industry extensively uses glutaric acid as a precursor in the synthesis of various chemicals, including solvents, plasticizers, and corrosion inhibitors. Its versatile chemical properties make it a valuable component in the production of high-performance chemicals used in industrial processes, coatings, and adhesives. The growth of the chemical industry, driven by increasing industrialization and urbanization, is a significant factor propelling the glutaric acid market. This expansion is supported by rising demand from end-use industries such as automotive, construction, and electronics. As the chemical industry continues to evolve and innovate, the demand for glutaric acid as a critical raw material is expected to grow, driving the overall market.
Glutaric Acid News
The report covers the latest developments, updates, and trends impacting the global glutaric acid 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 glutaric acid production technologies, strategic market expansions by key industry players, and significant mergers and acquisitions that impact the glutaric acid price trend.
Product Description
Glutaric acid, also known by its chemical name pentanedioic acid, is a naturally occurring organic compound with the molecular formula C5H8O4. It belongs to the dicarboxylic acid family and is characterized by the presence of two carboxyl groups (-COOH) at each end of a five-carbon linear chain. This structural feature imparts unique chemical properties to glutaric acid, making it a versatile intermediate in various industrial processes.
In nature, glutaric acid is found in small amounts in the human body, where it plays a role in the metabolic breakdown of amino acids such as lysine and tryptophan. Industrially, glutaric acid is synthesized through the oxidation of cyclopentane or from the fermentation of sugars using specific bacterial strains. Its applications are diverse and widespread across multiple sectors.
Regional Coverage
The report provides a detailed analysis of the glutaric acid 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 glutaric acid price trend.
Global Glutaric Acid Price
The report offers a holistic view of the global glutaric acid pricing trends in the form of glutaric acid 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 glutaric acid 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 glutaric acid 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 Glutaric Acid Price
European glutaric acid prices are examined, highlighting the market-specific influences in the region, such as stringent environmental regulations, the competitive landscape, and import-export imbalances that significantly affect pricing structures.
This analysis can be extended to include detailed glutaric acid 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 Glutaric Acid Price
The analysis of glutaric acid prices in North America delves into the regional industry dynamics, encompassing the impact of local production capacities and the trade flows between North America and other significant global markets.
Specific glutaric acid 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 Glutaric Acid Price
The report explores the glutaric acid 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 glutaric acid 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 Glutaric Acid Price
The glutaric acid pricing trends in Asia Pacific are examined, reflecting the role of the region as a major global production hub and consumer market, with price dynamics heavily influenced by supply chain efficiencies, regional demand surges, and policy shifts in major economies.
This glutaric acid 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 Glutaric Acid Price
The analysis of glutaric acid 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 | Glutaric Acid |
| Report Features | Exploration of Historical Trends and Market Outlook, Industry Demand, Industry Supply, Gap Analysis, Challenges, 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 |
|
| 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
Plan B: Quarterly Updates - Annual Subscription
Plan C: Biannually Updates - Annual Subscription
|
| 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 glutaric acid 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 glutaric acid 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 glutaric acid price charts ensure our clients remain at the forefront of the industry.
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