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Plasticizers Pricing Report 2024: Price Trend, Chart, Market Analysis, News, Demand, Historical and Forecast Data
Report Format: PDF+Excel | Report ID: SR112024A24438
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Plasticizers Prices December 2023
|
Product
|
Category | Region | Price |
|---|---|---|---|
| Plasticizers | Chemical | USA | 2424 USD/MT |
| Plasticizers | Chemical | China | 3182 USD/MT |
| Plasticizers | Chemical | Germany | 3057 USD/MT |
The price of plasticizers in the United States for Q4 2023 reached 2424 USD/MT in December. Moreover, the price trend for plasticizers in China in Q4 reached 3182 USD/MT in December 2023. Meanwhile, in Germany Q4 2023 plasticizers price hit 3057 USD/MT in December.
Plasticizers Price Trend, Market Analysis, and News
IMARC’s newly published report, titled “Plasticizers Pricing Report 2024: Price Trend, Chart, Market Analysis, News, Demand, Historical and Forecast Data,” offers an in-depth analysis of plasticizers 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 plasticizers at major ports, a breakdown of prices including Ex Works, FOB, and CIF, alongside a region-wise dissection of plasticizers price trend across North America, Europe, Asia Pacific, Latin America, the Middle East and Africa.
The report examines the elements influencing plasticizers 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.
Plasticizers Market Analysis
The global plasticizers market size reached US$ 17.85 Billion in 2023. By 2032, IMARC Group expects the market to reach US$ 30.41 Billion, at a projected CAGR of 6.10% during 2023-2032.
- The expanding construction industry is significantly influencing the demand for plasticizers, particularly within PVC applications. Additionally, plasticizers are essential in enhancing the flexibility and workability of PVC, a material extensively used in building applications such as pipes, wiring, and flooring. According to the United Nations (UN) Census Bureau, in May 2024, construction spending was estimated at an annual rate of US$2,139.8 Billion, representing an increase of 6.4 percent compared to May 2023. From January to May 2024, total construction spending reached US$836.3 Billion, marking an 8.8% increase from the same period in 2023, when it was $768.6 Billion. The growth in construction spending reflects broader economic growth and urban development, driving the need for more durable and adaptable materials. As buildings and infrastructures demand more innovative and sustainable construction materials, the role of plasticizers becomes essential. This trend is expected to continue as the construction sector seeks more efficient and cost-effective solutions, thereby boosting the market for plasticizers.
- The global packaging industry growth is also increasing the demand for plasticizer. Additionally, plasticizers are essential to produce flexible packaging materials as they improve their performance, flexibility, and durability. According to WorldMetrics, the global packaging business is predicted to reach a valuation of US$ 1.05 Trillion by 2025. Moreover, flexible materials are used more frequently than rigid packaging since they use fewer resources due to the expanding e-commerce and customer demand for eco-friendly and practical packaging options. For instance, as per WorldMetrics, the market for flexible packaging was projected to be worth US$160.8 Billion in 2020. Therefore, plasticizer demand is predicted to increase as the packaging sector innovates and grows, enabling the creation of more effective and ecologically friendly packaging solutions globally.
- The increase in urbanization and subsequent infrastructure development is propelling the plasticizers market. According to WorldMetrics , the global urban population is expected to grow by around 1.63% year between 2020 and 2025. The widespread infrastructural development, including the construction of residential and commercial structures, necessitates the use of resilient and adaptable building materials like plasticizers. Furthermore, plasticizers are necessary to improve the strength, flexibility, and resistance to weathering of the materials used in infrastructure. According to Cement and Concrete SA, plasticizers also referred to as water-reducing agents stick to the surface of the binder particles when added to a concrete mixture. This procedure improves workability and makes it easier for the binder particles to be distributed evenly throughout the mixture. Lignosulfonates and their derivatives, hydroxylated carboxylic acids and their derivatives, and mixtures of these substances are the main classes of plasticizers. Therefore, the need for plasticizers to assist the construction of complex infrastructure projects will increase as the urban population continues to grow and modernize, thereby driving the expansion of the market.
Plasticizers News
The report covers the latest developments, updates, and trends impacting the global plasticizers 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 plasticizers production technologies, strategic market expansions by key industry players, and significant mergers and acquisitions that impact the plasticizers price trend.
Latest developments in the plasticizers industry:
- 28 August 2023, LANXESS, a specialty chemical company, announced Mesamoll plasticizer, which is an essential step toward sustainability with its polymer additives (PLA) business unit. Mesamoll will be available in a new, more eco-friendly version of Mesamoll with a much lower carbon footprint while maintaining the same quality or performance that started distribution in October 2023. This phthalate-free plasticizer is known for its excellent gelation properties and exceptional resistance to saponification which is a flexible solution in the industry that works with a variety of polymers, such as rubber, PVC, and PUR.
- 15 March 2024, Eastman Chemical Company increased the prices of its plasticizer, such as Non-Phthalate Plasticizer, in North America. The price increase of US$0.05 per pound or US$0.11 per kilogram will impact all grades and packaging choices of Eastman 168 Non-Phthalate Plasticizer across the region.
Product Description
Plasticizers are chemical additives used to improve the plasticity or fluidity of the material, which makes it more pliable and manageable. Additionally, manufacturers produce plasticizers by combining alcohol such as butanol or ethanol with an acid such as adipic acid or phthalic anhydride to make esters under carefully regulated circumstances. These esters are then specifically designed to yield the necessary physical qualities in the final product plasticizers. They are employed in the manufacturing of rubber and polymers, especially polyvinyl chloride (PVC), which they help to make more flexible and durable. Plasticizers also function by dispersing and lowering intermolecular forces between the polymer chain materials, allowing chains to slide past one another easily. Materials produced by this method are more elastic and resilient to fracture under pressure. Moreover, phthalates, which include substances like DEHP and DINP, are the most widely used plasticizers. Besides this, the growing environmental concerns have prompted the development and usage of substitute plasticizers such as adipates and citrates. Plasticizers are widely employed in concrete as it is easy to work with and require less water, which makes the concrete constructions stronger and longer lasting.
Regional Coverage
The report provides a detailed analysis of the plasticizers 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 plasticizers price trend.
Global Plasticizers Price
The report offers a holistic view of the global plasticizers pricing trends in the form of plasticizers 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 plasticizers 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 plasticizers 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 Plasticizers Price
European plasticizers 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 plasticizers 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 Plasticizers Price
The analysis of plasticizers 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 plasticizers 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 Plasticizers Price
The report explores the plasticizers 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 plasticizers 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 Plasticizers Price
The plasticizers 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 plasticizers 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 Plasticizers Price
The analysis of plasticizers 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 | Plasticizers |
| Report Features | Exploration of Historical Trends and Market Outlook, Industry Demand, Industry Supply, Gap Analysis, Challenges, Plasticizers 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 plasticizers 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 plasticizers 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 plasticizers 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.
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