Polybutylene Succinate Price Chart, Historical and Forecast Analysis Provided by Procurement Resource
In the Asian context, price patterns of Polybutylene Succinate closely mirrored those of its source materials, Succinic Acid and Butanediol. These materials displayed varied trends in the initial half of 2023. In the first quarter, trade remained sluggish due to the Chinese Lunar New Year holidays, resulting in uncertainty and cautious supplier orders. The second quarter faced similar uncertainty, lacking clear inventory insight. Throughout, the Polybutylene Succinate market managed to maintain stability. Similarly, in Europe, market trends were volatile due to dependence on Asian exports, while in North America, the market experienced fluctuating prices influenced by declining feedstock costs and limited demand, leading to an overall bearish market sentiment.
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Definition
Polybutylene Succinate is a biodegradable polymer composed of succinic acid and butanediol units. It is known for its eco-friendly characteristics and is used in various applications, including packaging materials, textiles, and disposable products. This versatile polymer offers both durability and environmental benefits, making it a suitable alternative to traditional plastics in certain applications.
Key Details About the Polybutylene Succinate Price Trend:
Procurement Resource does an in-depth analysis of the price trend to bring forth the monthly, quarterly, half-yearly, and yearly information on Polybutylene Succinate in its latest pricing dashboard. The detailed assessment deeply explores the facts about the product, price change over the weeks, months, and years, key players, industrial uses, and drivers propelling the market and price trends.
Each price record is linked to an easy-to-use graphing device dated back to 2014, which offers a series of functionalities; customization of price currencies and units and downloading of price information as Excel files that can be used offline.
The Polybutylene Succinate Price Chart, which encompasses Polybutylene Succinate Prices in India and the USA, along with a comprehensive pricing database and insightful analysis, can be an invaluable resource for procurement managers, directors, and decision-makers. It equips them with robust strategic insights, enabling them to achieve growth and profitability in their respective businesses. This chart also tracks Polybutylene Succinate Price Trend and offers a Polybutylene Succinate Price Index, making it a vital tool for informed decision-making.
Industrial Uses Impacting the Polybutylene Succinate Price Trend:
Polybutylene Succinate finds key industrial uses primarily in packaging and textiles. It is employed in producing biodegradable films, bags, and containers due to its eco-friendly nature. In the textile sector, it is utilized to create sustainable fabrics, fibers, and clothing items. This polymer’s biodegradability and versatility make it an appealing choice for industries aiming to reduce their environmental footprint and offer more sustainable products.
Key Players:
- MCPP (Mitsubishi)
- Showa Denko
- BioAmber Inc.
- DowDuPont
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Procurement Resource offers in-depth research on product pricing and market insights for more than 500 chemicals, commodities, and utilities updated daily, weekly, monthly, and annually. It is a cost-effective, one-stop solution for all your market research requirements, irrespective of which part of the value chain you represent.
We have a team of highly experienced analysts who perform comprehensive research to deliver our clients the newest and most up-to-date market reports, cost models, price analysis, benchmarking, and category insights, which help in streamlining the procurement process for our clientele. Our team tracks the prices and production costs of a wide variety of goods and commodities, hence providing you with the latest and consistent data.
To get real-time facts and insights to help our customers, we work with a varied range of procurement teams across industries. At Procurement Resource, we support our clients, with up-to-date and pioneering practices in the industry, to understand procurement methods, supply chain, and industry trends, so that they can build strategies to achieve maximum growth.
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