Product
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Category | Region | Price |
---|---|---|---|
Trimethylene Glycol | Chemical | USA | 2294 USD/MT |
Trimethylene Glycol | Chemical | China | 3182 USD/MT |
Trimethylene Glycol | Chemical | Germany | 1887 USD/MT |
The price of trimethylene glycol in the United States for 2023 reached 2294 USD/MT in December.
The price trend for trimethylene glycol in China settled at 3182 USD/MT in December 2023.
In Germany, trimethylene glycol prices reached 1887 USD/MT in December 2023.
IMARC’s newly published report, titled “Trimethylene Glycol Pricing Report 2024: Price Trend, Chart, Market Analysis, News, Demand, Historical and Forecast Data,” offers an in-depth analysis of trimethylene glycol 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 trimethylene glycol at major ports, a breakdown of prices including Ex Works, FOB, and CIF, alongside a region-wise dissection of trimethylene glycol price trend across North America, Europe, Asia Pacific, Latin America, the Middle East and Africa.
The report examines the elements influencing trimethylene glycol 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.
The global trimethylene glycol market size reached US$ 421.88 Million in 2023. By 2032, IMARC Group expects the market to reach US$ 815.64 Million, at a projected CAGR of 7.60% during 2023-2032.
The report covers the latest developments, updates, and trends impacting the global trimethylene glycol 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 trimethylene glycol production technologies, strategic market expansions by key industry players, and significant mergers and acquisitions that impact the trimethylene glycol price trend.
Latest developments in the trimethylene glycol industry:
Trimethylene glycol (TMG), also known as 1,3-propanediol, refers to a versatile organic compound that exists as a colorless, viscous liquid with a slightly sweet taste. It is categorized into two main types based on its production method, such as bio-based and petroleum-based. It is soluble in water, alcohol, and acetone, making it an excellent solvent. It is used in various applications including the production of polytrimethylene terephthalate (PTT), polyurethanes, cosmetics, cleaning agents, and as a coolant and antifreeze in heating and cooling systems. It is also employed in adhesives, coatings, inks, pharmaceuticals, food additives, and personal care products.
Trimethylene glycol is biodegradable, non-toxic, and reduces dependency on fossil fuels when bio-based. It offers high boiling and low freezing points, excellent moisture absorption, and enhanced product durability. Moreover, it is lauded for its versatility, eco-friendliness, cost-effectiveness, improved performance of end products, and compatibility with various materials.
The report provides a detailed analysis of the trimethylene glycol 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 trimethylene glycol price trend.
The report offers a holistic view of the global trimethylene glycol pricing trends in the form of trimethylene glycol 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 trimethylene glycol 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 trimethylene glycol 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.
European trimethylene glycol 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 trimethylene glycol price information for a comprehensive list of countries.
Region | Countries Covered |
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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. |
The analysis of trimethylene glycol 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 trimethylene glycol historical data within the United States and Canada can also be provided.
Region | Countries Covered |
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North America | United States and Canada |
The report explores the trimethylene glycol 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 trimethylene glycol prices for countries can also be provided.
Region | Countries Covered |
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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. |
The trimethylene glycol 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 trimethylene glycol 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. |
The analysis of trimethylene glycol 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. |
Key Attributes | Details |
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Product Name | Trimethylene Glycol |
Report Features | Exploration of Historical Trends and Market Outlook, Industry Demand, Industry Supply, Gap Analysis, Challenges, Trimethylene Glycol 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 |
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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
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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) |