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Polyacetal Resin Pricing Report 2024: Price Trend, Chart, Market Analysis, News, Demand, Historical and Forecast Data
Report Format: PDF+Excel | Report ID: SR112024A24472
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Polyacetal Resin Prices December 2023
|
Product
|
Category | Region | Price |
|---|---|---|---|
| Polyacetal Resin | Chemical | Canada | 3781 USD/MT |
| Polyacetal Resin | Chemical | China | 2234 USD/MT |
| Polyacetal Resin | Chemical | Germany | 2655 USD/MT |
The polyacetal resin price in Canada reached 3781 USD/MT in the fourth quarter of 2023. During December 2023, the price of polyacetal resin in China reached 2234 USD/MT. In Germany, polyacetal resin prices for Q4 2023 reached 2655 USD/MT.
Polyacetal Resin Price Trend, Market Analysis, and News
IMARC’s newly published report, titled “Polyacetal Resin Pricing Report 2024: Price Trend, Chart, Market Analysis, News, Demand, Historical and Forecast Data,” offers an in-depth analysis of polyacetal resin 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 polyacetal resin at major ports, a breakdown of prices including Ex Works, FOB, and CIF, alongside a region-wise dissection of polyacetal resin price trend across North America, Europe, Asia Pacific, Latin America, the Middle East and Africa.
The report examines the elements influencing polyacetal resin 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.
Polyacetal Resin Market Analysis
The global polyacetal resin market size reached 1.46 Million Tons in 2023. By 2032, IMARC Group expects the market to reach 2.19 Million Tons, at a projected CAGR of 4.60% during 2023-2032.
- The market is experiencing steady growth due to the increasing demand for polyacetal resin in the automotive industry. The increasing application of the polymer in the production of fuel system parts, interior components, and a variety of other mechanical components on account of its impressive strength, stiffness, and dimensional stability is accelerating the market.
- The rising use of polyacetal resin in aerospace applications due to its exceptional mechanical integrity and stability across diverse environmental conditions is leading to a higher product uptake as an ideal material for aircraft components, which is acting as a significant growth-inducing factor for the market.
- Major companies in the polyacetal resin market are strengthening their market presence and innovation capabilities. They are focusing on joint ventures, and acquisition strategies, which, in turn, is providing an impetus to the market.
- The growing use of the compound in healthcare, particularly in medical devices, is creating a positive market outlook. Due to its biocompatibility, ease of sterilization, and resistance to many chemicals, it is becoming a material of choice for producing various parts of surgical instruments and diagnostic equipment.
- The market is also driven by the growing application of polyacetal resin in consumer goods, including kitchen utensils, toys, and sports commodities, due to its durable and wear-resistant properties.
- The product is gaining popularity in the expansion of the construction industry, particularly in emerging economies due to its utilization in distinct applications, such as fasteners, zippers, and various durable components that are used in building materials.
- Technological improvements are leading to the development of high-performance polyacetal resin grades with enhanced properties, such as UV resistance and flame-retardant capabilities, thus expanding their usage in several industries and creating a positive market outlook.
- The market is further stimulated by the rapid expansion of the e-commerce sector as these channels are incorporating polyacetal resins for their durability and reliability in handling and shipping operations.
- Rapid urbanization and the consequent demand for advanced infrastructure in the developing countries are driving the applications of polyacetal resin in smart city projects, where it is used in a variety of urban infrastructure components, from water management systems to transport solutions. This in turn is augmenting the market revenue.
Polyacetal Resin News
The report covers the latest developments, updates, and trends impacting the global polyacetal resin 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 polyacetal resin production technologies, strategic market expansions by key industry players, and significant mergers and acquisitions that impact the polyacetal resin price trend.
Latest developments in the polyacetal resin industry:
- On 29th April 2024, Delrin entered into a distribution agreement with PolySource, making the company a fully authorized distributor of the company’s Delrin homopolymer polyacetal portfolio. The focus of this agreement is on application development and engineering for industrial and consumer end markets.
Product Description
Polyacetal resin, also known as polyoxymethylene (POM) resin, is a high-performance engineering polymer known for its excellent mechanical properties and chemical resistance. It is characterized by its high tensile strength, rigidity, low friction, and good dimensional stability, making it ideal for precision parts in various applications. It is available in two distinct varieties, including homopolymer and copolymer. Homopolymer polyacetal exhibits better mechanical properties and chemical resistance. However, copolymer polyacetal shows improved thermal stability and processing ease.
The polymer is used in several applications, such as automotive, electronics and home appliances, plumbing fixtures, and precision equipment. It is also employed in the production of electronics, particularly in manufacturing of smartphone parts, hardware components of computers, and various home appliances.
In addition to this, polyacetal resin is a preferred material for precision engineering components as it exhibits low toxicity and can be modified with additives to enhance specific properties, such as UV resistance, flame retardancy, and color. Some of its advantages include high fatigue endurance, and excellent resistance to wear, making it a versatile material for precision parts that demand long-lasting durability and reliability.
Regional Coverage
The report provides a detailed analysis of the polyacetal resin 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 polyacetal resin price trend.
Global Polyacetal Resin Price
The report offers a holistic view of the global polyacetal resin pricing trends in the form of polyacetal resin 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 polyacetal resin 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 polyacetal resin 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 Polyacetal Resin Price
European polyacetal resin 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 polyacetal resin 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 Polyacetal Resin Price
The analysis of polyacetal resin 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 polyacetal resin 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 Polyacetal Resin Price
The report explores the polyacetal resin 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 polyacetal resin 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 Polyacetal Resin Price
The polyacetal resin 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 polyacetal resin 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 Polyacetal Resin Price
The analysis of polyacetal resin 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 | Polyacetal Resin |
| Report Features | Exploration of Historical Trends and Market Outlook, Industry Demand, Industry Supply, Gap Analysis, Challenges, Polyacetal Resin 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, 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, Greece* North America: United States and Canada Latin America: Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, Peru* Middle East & Africa: Saudi Arabia, UAE, Israel, Iran, South Africa, Nigeria, Oman, Kuwait, Qatar, Iraq, Egypt, Algeria, 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 polyacetal resin 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 polyacetal resin 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 polyacetal resin 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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