The latest report by IMARC, titled "Silicone Rubber Pricing Report 2024: Price Trend, Chart, Market Analysis, News, Demand, Historical and Forecast Data" delivers a comprehensive analysis of silicone rubber prices on a global and regional scale, highlighting the pivotal factors contributing to price changes. This detailed examination includes spot price evaluations at key ports and an analysis of pricing structures, such as Ex Works, FOB, and CIF, across North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.
Silicone Rubber Prices December 2023:
United States:$ 9305/MT
China: $ 3005/MT
Germany: $ 9205/MT
Report Offering:
Monthly Updates - Annual Subscription
Quarterly Updates - Annual Subscription
Biannually Updates - Annual Subscription
The study delves into the factors affecting silicone rubber price variations, including alterations in the cost of raw materials, the balance of supply and demand, geopolitical influences, and sector-specific developments.
The report also incorporates the most recent updates from the market, equipping stakeholders with the latest information on market fluctuations, regulatory modifications, and technological progress. It serves as an exhaustive resource for stakeholders, enhancing strategic planning and forecast capabilities.
Request For a Sample Copy of the Report: https://www.imarcgroup.com/silicone-rubber-pricing-report/requestsample
Silicone Rubber Price Trend- Q4 2023
The silicone rubber market is primarily driven by its extensive application across various industries such as automotive, electronics, healthcare, and construction which is significantly increasing the demand and supply dynamics, particularly in the fourth quarter of 2023. This growth is primarily attributed to silicone rubber's exceptional properties, including high thermal stability, flexibility, water resistance, and durability, which make it an ideal material for various applications. In North America, the cost of silicone rubber witnessed a decrease in the fourth quarter of 2023, notwithstanding a rise in the price of its primary feedstock, Silicon metal. Concerning the downstream automobile market, there was a favorable trend observed in U.S. vehicle sales, with a significant month-on-month upsurge reaching 15.8 million units (annualized) in December, surpassing the anticipated 15.5 million units, yet signaling potential economic hurdles. Similarly, the Asia-Pacific silicone rubber market witnessed price stability, aligning with a marginal decrease in the price of silicon, a crucial raw material. This trend coincided with a contraction in China's factory activity, reaching its lowest point in six months in December. Consequently, Europe's silicone rubber market experienced a downturn, despite a rise in the price of its main raw material, silicon metal. The automotive industry encountered obstacles, particularly evidenced by a notable decrease in new car registrations during the quarter. This decline is directly linked to the premature discontinuation of the environmental incentive for electric vehicle (EV) acquisitions, impacting the demand for components like silicone rubber. The global silicone rubber market size reached US$ 12.4 Billion in 2023 By 2032, IMARC Group expects the market to reach US$ 20.9 Billion, at a projected CAGR of 6.00% during 2023-2032.
In December 2023, various key factors influenced silicone rubber prices, creating a diverse market across various regions. In North America, the automotive and construction sectors witnessed substantial consumers of silicone rubber, and have experienced a recovery post-pandemic, further driving the demand and impacting prices. The interplay of these demand and supply dynamics, along with geopolitical tensions and trade policies, continues to shape the pricing landscape of silicone rubber across these major markets, presenting a complex yet dynamic scenario for stakeholders in the silicone rubber industry. Additionally, the fluctuation in the prices of raw materials, particularly silicon metal, which is a crucial component in the production of silicone rubber, is contributing to the market growth. Silicon metal prices have been subject to volatility due to changes in supply and demand dynamics, influenced by mining outputs, energy costs, and geopolitical tensions affecting major silicon-producing countries. Additionally, environmental regulations and sustainability initiatives have also played a role, as stricter environmental standards in countries such as China have led to the temporary shutdown of production facilities, further straining the supply chain.
Conversely, the prices of silicone rubber were influenced by various factors across North America, Asia Pacific, and Europe. Moreover, in Asia Pacific, where a significant portion of these raw materials is produced, any change in production levels or operational costs directly impacts global prices. Additionally, logistical challenges and increased freight costs contributed to price variations. The ongoing global logistics disruptions, partly due to the aftermath of the COVID-19 pandemic, have led to delays and increased shipping costs, affecting the supply chain and elevating the prices of silicone rubber. Besides this, regulatory policies and environmental concerns are influencing silicone rubber prices. In Europe, stringent environmental regulations have led to increased production costs as manufacturers invest in cleaner and more sustainable production technologies. Moreover, the demand for silicone rubber has seen a notable increase in sectors such as healthcare and electronics, driven by innovation and technological advancements.
Browse Full Report: https://www.imarcgroup.com/silicone-rubber-pricing-report
Key Points Covered in the Silicone Rubber Pricing Report:
The report delivers the following key findings, alongside a comprehensive breakdown of prices by region:
Silicone Rubber Prices
Silicone Rubber Price Trend
Silicone Rubber Demand & Supply
Silicone Rubber Market Analysis
Demand Supply Analysis by Type
Demand Supply Analysis by Application
Demand Supply Analysis of Raw Materials
Silicone Rubber Price Analysis
Silicone Rubber Industry Drivers, Restraints, and Opportunities
Silicone Rubber News and Recent developments
Global Event Analysis
List of Key Players
Regional Price Analysis:
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
Browse More Pricing Reports by IMARC Group:
acrylonitrile butadiene styrene pricing report
biodiesel pricing report
hydrochloric acid pricing report
linear alkylbenzene sulfonic acid pricing report
Note: The current country list is selective, detailed insights into additional countries can be obtained for clients upon request.
About Us:
IMARC is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.
Contact us:
IMARC Group
134 N 4th St. Brooklyn, NY 11249, USA
Email: [email protected]
Tel No:(D) +91 120 433 0800
United States: +1-631-791-1145 | United Kingdom: +44-753-713-2163
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The latest report by IMARC, titled "Diethylene Glycol Pricing Report 2024: Price Trend, Chart, Market Analysis, News, Demand, Historical and Forecast Data" delivers a comprehensive analysis of diethylene glycol prices on a global and regional scale, highlighting the pivotal factors contributing to price changes. This detailed examination includes spot price evaluations at key ports and an analysis of pricing structures, such as Ex Works, FOB, and CIF, across North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.
Diethylene Glycol Prices December 2023:
United States:760 USD/MT
South Korea: 651 USD/MT
Germany: 870 USD/MT
Saudi Arabia: 610 USD/MT
Report Offering:
Monthly Updates - Annual Subscription
Quarterly Updates - Annual Subscription
Biannually Updates - Annual Subscription
The study delves into the factors affecting diethylene glycol price variations, including alterations in the cost of raw materials, the balance of supply and demand, geopolitical influences, and sector-specific developments.
The report also incorporates the most recent updates from the market, equipping stakeholders with the latest information on market fluctuations, regulatory modifications, and technological progress. It serves as an exhaustive resource for stakeholders, enhancing strategic planning and forecast capabilities.
Request For a Sample Copy of the Report: https://www.imarcgroup.com/diethylene-glycol-pricing-report/requestsample
Diethylene Glycol Price Trend- Q4 2023
The Diethylene Glycol (DEG) market is primarily driven by its diverse range of applications across various industries, notably within the antifreeze, polyester resin, and plastic sectors. In the fourth quarter of 2023, the market dynamics of DEG were influenced by supply and demand fluctuations across different regions. Supply constraints, coupled with moderate to high demand from specific sectors, led to varied pricing and availability scenarios globally. The antifreeze sector, in particular, demonstrated a gradual recovery, signaling a potential uplift in demand. However, this was counterbalanced by the sluggish demand from the downstream polyester resin and plastic industries. Additionally, the volatility in feedstock prices further complicated the market landscape, affecting DEG production costs and, consequently, its market price. The scenario was further nuanced by regional differences, with each region experiencing its unique set of challenges and opportunities based on local market conditions, supply chain dynamics, and economic factors.
The global diethylene glycol market size reached 3.3 Million Tons in 2023. By 2032, IMARC Group expects the market to reach 4.7 Million Tons, at a projected CAGR of 3.90% during 2023-2032. In the last quarter of 2023, the DEG market witnessed significant fluctuations in prices, influenced by a variety of factors across different regions. In North America, DEG prices experienced slight increases in October and November, followed by a decrease in December, culminating in an overall dynamic quarter. This price volatility can be attributed to disruptions in supply and demand, sluggish growth in production, and fluctuations in feedstock prices. The supply of DEG remained low to moderate due to decreased new orders and subdued export markets, while demand varied across sectors, with the antifreeze sector showing signs of recovery, but the downstream polyester resin and plastic sectors experiencing sluggish demand. The feedstock price fluctuations had a cascading effect on DEG prices, making the market landscape in North America particularly challenging for stakeholders.
In contrast, the APAC region displayed a mix trend, driven by firm domestic demand, particularly in South Korea, and a narrowed gap between demand and supply due to reduced global availability and heightened feedstock prices. The demand from the polyurethanes and antifreeze sectors remained high, although there was a decrease in demand from the antifreeze sector, affecting DEG prices. The market in this region achieved a semblance of balance due to consistent feedstock supply and uninterrupted production, with prices in South Korea increasing by 10% compared to the previous quarter. Europe faced its challenges, with a decrease in demand from the polyester resin and plastic sectors and an oversupply condition leading to a competitive market and decreased prices. The situation was exacerbated by economic factors in Germany, leading to a significant decline in DEG demand. Meanwhile, the MEA region saw a price decrease due to weak demand from downstream industries and the overall economic situation.
Browse Full Report: https://www.imarcgroup.com/diethylene-glycol-pricing-report
Key Points Covered in the Diethylene Glycol Pricing Report:
The report delivers the following key findings, alongside a comprehensive breakdown of prices by region:
Diethylene Glycol Prices
Diethylene Glycol Price Trend
Diethylene Glycol Demand & Supply
Diethylene Glycol Market Analysis
Demand Supply Analysis by Type
Demand Supply Analysis by Application
Demand Supply Analysis of Raw Materials
Diethylene Glycol Price Analysis
Diethylene Glycol Industry Drivers, Restraints, and Opportunities
Diethylene Glycol News and Recent developments
Global Event Analysis
List of Key Players
Regional Price Analysis:
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
Browse More Pricing Reports by IMARC Group:
fatty alcohol pricing report
methanol pricing report
hydrogen peroxide pricing report
polylactic acid pricing report
Calcium Carbonate Pricing Report
Note: The current country list is selective, detailed insights into additional countries can be obtained for clients upon request.
About Us:
IMARC is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.
Contact us:
IMARC Group
134 N 4th St. Brooklyn, NY 11249, USA
Email: [email protected]
Tel No:(D) +91 120 433 0800
United States: +1-631-791-1145 | United Kingdom: +44-753-713-2163
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Soybean oil prices have exhibited fluctuations such as changes in raw material costs, supply-demand dynamics, geopolitical factors, and industry-specific developments. To grasp these price shifts, a thorough examination of supply-demand interactions, regulatory shifts, and broader economic indicators is necessary.
The soybean oil market is driven by a confluence of global demand, agricultural production, geopolitical tensions, and evolving consumer preferences. The soybean oil market is primarily propelled by the expanding use of soybean oil in various industries such as food, cosmetics, pharmaceuticals, and biodiesel production. Additionally, agricultural production levels significantly impact market dynamics, with fluctuations in crop yields due to weather conditions, pest infestations, and technological advancements affecting supply. Moreover, geopolitical tensions, trade policies, and currency fluctuations exert considerable influence on market sentiment and pricing. Furthermore, shifting consumer preferences toward healthier alternatives and sustainable sourcing practices also contribute to the market's direction, as seen in the growing demand for non-GMO and organic soybean oil products.
Get Real Time Soybean oil prices: https://www.imarcgroup.com/soybean-oil-pricing-report
The global soybean oil market size reached 61.2 million Tons in 2023. By 2032, IMARC Group expects the market to reach 71.9 million Tons, at a projected CAGR of 1.70% during 2023-2032. In the last quarter, several factors have influenced the trajectory of soybean oil prices. Firstly, weather conditions and their impact on crop yields have been a significant determinant. Adverse weather events, such as droughts or excessive rainfall, can disrupt planting schedules and reduce harvest yields, thereby affecting supply levels and driving prices higher. Additionally, macroeconomic factors, including fluctuations in currency exchange rates and shifts in global trade dynamics, have played a crucial role. Trade tensions between major soybean-producing nations, such as the United States and China, have led to fluctuations in demand and supply patterns, subsequently impacting prices. Furthermore, developments in the renewable energy sector, particularly policies related to biofuel production and consumption mandates, have influenced the demand for soybean oil as a feedstock for biodiesel, thus affecting its pricing dynamics in the market. Overall, the intricate interplay of these factors underscores the volatility and complexity inherent in the soybean oil market, shaping its pricing trend in the last quarter.
For the whole of 2023's fourth quarter, North American soybean oil prices followed European patterns. This fall was ascribed to lower worldwide consumption, which resulted from domestic traders having an abundance of stock. The weekend food price index, which experts said was 13.7% lower in 2023 than it was in the previous year, served to emphasize this even more. During the fourth quarter of 2023, the pricing dynamics of soybean oil in the Asia-Pacific area experienced considerable fluctuations. October witnessed a big dip, followed by another decline in December. Prices for soybean oil fell for the whole fourth quarter on the European market.
Contact us:
IMARC Group
134 N 4th St. Brooklyn, NY 11249, USA
Email: [email protected]
Tel No:(D) +91 120 433 0800
United States: +1-631-791-1145 | United Kingdom: +44-753-713-2163
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