During the first half of Q4, Propylene Glycol demand tightened due to moderate weather conditions throughout the US and travel restrictions due to surging COVID-19 cases. Early in Q4, supply in the US Gulf region was impacted by the production issues reported at the manufacturing facilities.
Demand also witnessed prominent recovery from solvent and pharmaceutical applications but still remained way below pre pandemic levels. Container shortage exacerbated the supply crises in the region and consequently laid a direct influence on its prices. However, traders remained optimistic that the supply imbalance would surely reduce by the end of February.
The cracker has Propylene production capacity of 600 KTPA. In addition, Yeochun NCC (YNCC) and SK Global Chemical were heard starting turnarounds for their crackers from August to October. With producers highlighting tight regional supply, CFR China Propylene prices were assessed at the USD 900 per tonne levels in mid-September. Demand for Propylene Derivatives was seen gaining strength by the end of into Q3.
Propylene Oxide (PO) is colorless, reactive compound belonging to the epoxide product family. PO is primarily utilized in manufacturing of polypropylene glycol and polyether polyols. In addition, the product is also used to produce glycol ethers and dipropylene glycol along with the manufacturing of surfactants, lubricants and oil demulsifiers.
In the northeast Asia, spot BD offers were raised by about 17.5% from the levels observed in July, with producers striving to widen product margins amid players longing for a much-needed revival in the downstream rubber sectors.
The American Hydrogen peroxide market faced abrupt surge in its prices due to lack of proper availability of feedstock chemicals and monthly rise in natural gas value. The demand for hydrogen peroxide from the downstream textile and healthcare industry remained firm during this quarter.
Asian Linear Alpha Olefins (LAO) market witnessed stable domestic demand from downstream sectors during Q1 2021. Although the supply remained tight across the region due to the global shortage, following the US Gulf storm crisis in February. Local supply for LAO in Southeast Asia also reduced due to the Chinese Lunar holidays.
Ethylene Acrylic Acid Copolymer price increased consistently during the second quarter of 2022, backed by surging upstream costs. The feedstock Acrylic Acid market value soared throughout the quarter amidst rising propylene prices and bullish downstream demand from the plastics and paint industries. Furthermore, the increment in Acrylic Acid prices raised the manufacturing cost of Ethylene Acrylic Acid Copolymer, eventually causing its price hike. In addition, the downstream demand for Ethylene Acrylic Acid Copolymer from the packaging industries was another crucial factor contributing to its enhanced price value. Besides, escalated crude oil prices, elevated freight charges, and congested ports amidst Russia- Ukraine war tensions further exacerbated the market value of Ethylene Acrylic Acid copolymer in the region. https://www.chemanalyst.com/Pricing-data/ethylene-acrylic-acid-copolymer-1465
Costs for crude oil and propylene, both required to make this product, are falling, resulting in a drop in the price of Iso Butyric Acid in North America at the end of the quarter. Likewise, Iso Butyric Acid Price decreased because of a decline in demand from paint and personal care product manufacturers. The second quarter saw the product's merits be stable throughout the regional market. Steady demand from downstream dyeing and food additives sectors relieved cost pressure from the product's prices. Varying prices of upstream feedstock Propylene and 2-Methyl Propane due to the fluctuations in the global petrochemicals market affected the downstream market sentiments. https://www.chemanalyst.com/Pricing-data/iso-butyric-acid-1408
At the start of Q3 2022, the Mono Propylene Glycol prices followed a downward trajectory in North America due to the declining costs of its primary feedstock- propylene oxide with weakened downstream demand from pharmaceutical and personal care industries. In terms of supply, there were ample inventories in the market, and suppliers met the overall demand of regional and overseas buyers, which affected the Mono Propylene Glycol market. https://www.chemanalyst.com/Pricing-data/mono-propylene-glycol-1484
Demand for several grades of Glycol Ethers including butyl di-glycol, butyl glycol, and propylene glycol methyl ether witnessed an appreciable revival with gradual improvement in buying interest observed in the latter half of the quarter. In the indefinite lockdown period, there was a prominent increment in the renovation activities that contributed well to the revival in demand from the construction industry. With easing virus panic in the country, the demand for Glycol Ethers underwent a substantial increment from the paints sector. Although relaxation in stringent restrictions levied marginal leverage to the market players but resurgent cases of coronavirus restrained the awaited market revival of Glycol Ethers in the US.
Propylene Industry Outlook in Japan to 2017 - Market Size, Company Share, Price Trends, Capacity Forecasts of All Active and Planned Plants provides an in-depth coverage of Japan Propylene industry. Browse full report @ http://bit.ly/1HTsq2V
A new report avail by decisiondatabases.com for Global Propylene market which provides an in-depth analysis during the forecast period. This report focuses on top manufactures with capacity, production, price, revenue and market share.
Download FREE Research Report Sample PDF: shorturl.at/cwJ13 #Market #Report #Research #Global #Outlook #Forecast We surveyed the Propylene Glycol Solvent manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Ethylene Propylene Diene Monomer (EPDM) Market size was valued over USD 2.68 billion in 2015 and is forecast to experience gains exceeding 5% up to 2024. Global EPDM market share is highly competitive. Major industry includes Petrochina Co. Ltd., Versalis, Exxonmobil Chemical Company, SK Global Chemical Co. Ltd., and Mitsui Chemicals Inc. Growing automotive industry, accompanied with increasing range of applications within the domain is anticipated to propel the global EPDM market size growth over the forecast timeframe.
The report provides a complete roadmap for setting up an propylene manufacturing plant. It covers a comprehensive market overview to micro-level information such as unit operations involved, raw material requirements, utility requirements, infrastructure requirements, machinery and technology requirements, manpower requirements, packaging requirements, transportation requirements, etc. More Info:- https://www.imarcgroup.com/propylene-manufacturing-plant-project-report
Converting Methanol to Propylene (MTP) M. Daftari Gh. Joukar; NPC-RT General Manager S. Sahebdelfar; Head of NPC-RT Catalyst Group A. Firouzi; Head of NPC-RT Process ...
Tetrahydrofuran (THF), also known as Oxolane, is an organic compound having transparent liquid appearance at room temperature. THF is a polar versatile solvent which can be mixed in water and have lower viscosity.
Asia pacific is the largest producer of Acetonitrile, holding more than 50% of the total market share in terms of production and leading in terms of consumption. The regional supply remained tight due to planned and unplanned turnarounds and reduction in the supply from the northeast Asian region in October.
Download FREE Sample Report- http://bit.ly/2xUjjSS Propylene glycol methyl ether (PGME) market report is an essential reference for who looks for detailed information on it. The report covers data on Southeast Asia markets including historical and future trends for supply, market size, prices, trading, competition and value chain as well as Southeast Asia major vendors information. In addition to the data part, the report also provides overview of Propylene glycol methyl ether (PGME) market, including classification, application, manufacturing technology, industry chain analysis and latest market dynamics. Finally, a customization report in order to meet user's requirements is also available. For more visit here- http://bit.ly/32AYB8N
Download free PDF Sample: http://bit.ly/2Qk6Wt4 #PropyleneGlycolDiacetate #MarketAnalysis The global market size of Propylene Glycol Diacetate is $XX million in 2018 with XX CAGR from 2014 to 2018, and it is expected to reach $XX million by the end of 2024 with a CAGR of XX% from 2019 to 2024.
Propylene glycol, also identified as propane 1, 2-diol according to International Union of Pure and Applied Chemistry nomenclature, is a synthetic organic compound. It is produced from petroleum products as well as it is bio-based and equipped with certain peculiar traits such as outstanding stability, high flash and boiling point, as well as low vapor pressure and broad solvency. Owing to such characteristics it has found tremendous scope of industrial application to craft products such as unsaturated polyester resin, coolants and antifreeze, hydraulic and brake fluid, aircraft deicing fluid, and paints and coatings. The analyst in this research report has stated the global propylene market size to be valued at around $3655 million as of 2018 and is estimated to be growing at a CAGR of around3.9% during the forecast period of 2019-2025.
FOB US Gulf prices of IPA, which remained the star product of 2020, surged to USD 1300 per MT amid higher shipping costs observed particularly for containers from Asia and firming Acetone values.
The global chemical industry is a dynamic landscape that is constantly evolving due to technological advancements, economic shifts, and changing consumer preferences. One of the significant components of this industry is propylene oxide (PO), a versatile chemical compound used in various applications across multiple sectors. In this blog, we will delve into the growth and analysis of the global propylene oxide market, exploring its key drivers, challenges, and future prospects. Market Overview: Propylene oxide is a vital raw material in the production of polyurethanes, propylene glycols, glycol ethers, and other chemicals. The demand for these products has a direct impact on the growth of the propylene oxide. The automotive, construction, furniture, and electronics industries are among the major consumers of propylene oxide-based products, driving the market's expansion.
Imagine the tranquil beauty of a pond, nestled in your garden or landscape, reflecting the clear blue sky and teeming with vibrant aquatic life. Achieving this picturesque vision requires more than just digging a hole and filling it with water. The key to a thriving pond lies beneath the surface, where a carefully chosen pond lining sheet ensures watertight integrity, prevents seepage, and creates a stable aquatic environment. In this article, we'll explore the world of pond lining sheets, highlighting their significance, types, benefits, and how they play a pivotal role in the creation and maintenance of your aquatic oasis.
Download FREE Research Report Sample PDF: https://bit.ly/3lQL9bU The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2016 to 2027. #Industrial Grade Propylene Glycol #market research report #forecast 2027 #marketresearch
Download free PDF Sample: https://bit.ly/39TbDBy #CrackingCatalystsforPropylene #MarketAnalysis Global Cracking Catalysts for Propylene Market: Drivers and Restrains The research report has incorporated the analysis of different factors that augment the market’s growth.
However, in the second half of the quarter, supply considerably eased as crude oil futures tumbled to astonishing lows amid narrowed fuel demand under consistent increment in coronavirus cases across the globe.
Although several downstream sectors like automotive and construction showcased promising hopes of recovery, players were cautious over prevailing demand uncertainties on consistent rise in coronavirus number in some parts of the region.
PS is available in several forms – general purpose (GPPS), medium impact and high impact (HIPS). Different grades of PS produced are used for different set of applications in several downstream industries.
Polyols are waxy solids or viscous liquid functional resins utilized to produce a range of products such as elastomers, adhesives, flexible foams, sealants and others. Polyols are categorized into polyester, polyether, polycarbonate, polybutadiene and polyacrylate polyols. Amongst them, polyether polyols and polyester polyols hold the maximum consumption share across globe owing to their superior properties and better affordability.
Acetone also called Propanone, is a colorless, flammable and volatile organic chemical solvent. It is primarily utilized as an industrial solvent with commendable consumption from the pharmaceutical industry due to its high miscibility in other solvents. The product is also utilized as an active cleanser in commercial operations, laboratories and households.
PolymerMIS.com provide International Polymer Market prices and news in everything you need to know to stay informed and react to changing market conditions on real time basis with breaking news as it happens. Subscribe us and get polymer market updates, pvc prices, crude oil price news, polymer prices and more.
IMARC Group in its latest report entitled Polypropylene Copolymer Market” provides a comprehensive insight into the global Polypropylene Copolymer Industry. The report provides a detailed analysis on industry trends, manufacturing process, prices have been comprehensively evaluated in this study. To know more about Polypropylene Copolymer : http://www.imarcgroup.com/polypropylene-copolymer-technical-material-market-report/
Global Propylene Carbonate Market, Global Propylene Carbonate Market, By Type (Aqueous Form, Pellet Form), By Application (Paints & Coatings, Cleaning & Degreasing, Personal Care & Cosmetics, Textile Dyeing, Lithium-Ion Batteries & Electronics, Others) and By Region (North America, Europe, Asia Pacific, Latin America, Middle East, & Africa) is expected to grow at a significant CAGR for the period between 2022 and 2030.
The propylene oxide market refers to the global trade and production of propylene oxide, an organic compound with the chemical formula C3H6O. Propylene oxide is a versatile chemical with a wide range of applications, including the production of polypropylene glycols, polyurethanes, and propylene glycol. The propylene oxide market is driven by demand from various end-use industries, such as automotive, construction, packaging, and electronics.
The report, “Global Phenol Market” prudently analyzes the past, present and future trends in the Phenol industry. To know more about Phenol Industry : http://www.imarcgroup.com/phenol-technical-material-market-report-3/
The report, “Global HPMC Market” prudently analyzes the past, present and future trends in the HPMC industry. To know more about HPMC Industry : http://www.imarcgroup.com/hpmc-technical-material-market-report/
Price of Polybutadiene Rubber (PBR) in the Asian market surged amid tight feedstock supplies in H1 of Q4, meanwhile later in the quarter, upstream supplies were heard easing to an optimum level. An unexpected shutdown at China’s Sinopec Zhongke’s new 120 KTPA Butadiene unit created hindrance in the raw material availability. In the first half of the quarter, PBR prices spiked in response to firming raw materials and tight supply situation. With producers directing their supplies largely in the automotive sector, Chinese PBR producers reported renewed pressure over the production margins following the price spike.
To read the complete report at: http://www.marketreportsonindia.com/industry-mfg-market-research-reports-3369/propylene-industry-outlook-india.html Market reports on India presents the latest report on “Propylene Industry Outlook in India to 2019”. This report provides in-depth coverage of India’s Propylene industry and presents major market trends.
Download free PDF Sample: https://bit.ly/3aePqy8 #PropyleneCarbonate #MarketAnalysis The global market size of Propylene Carbonate (PC) is $XX million in 2018 with XX CAGR from 2014 to 2018, and it is expected to reach $XX million by the end of 2024 with a CAGR of XX% from 2019 to 2024.
DecisionDatabases.com adds a report on Global Propylene Glycol Industry 2016 Market Research Report. This research study is segmented on the bases of applications, technology and geography.
EPDM rubber (Ethylene Propylene Diene Monomer) is a type of synthetic rubber which has gained traction in several industries due to its outstanding thermal resistance as well as slow oxidation, ozone and weather aging. The Global synthetic industry has witnessed a surge in EPDM membranes demand in construction activities due to it’s withstand temperatures up to 1600 Celsius. These properties can be attributed to their saturated polymer backbone structure. EPDM remains a lucrative market due to the ongoing boom in the automotive sector, with uses such as insulation, engine hose, doors and window seals is expected to witness the largest consumer of EPDM.
This report examines the various aspects of the "Isopropyl Alcohol Market". The report includes Isopropyl Alcohol manufacturing Process, Production, market trends, chemical reactions, imports, exports, raw material etc. To know more about Isopropyl Alcohol Market : http://www.imarcgroup.com/isopropyl-alcohol-technical-material-market-report/
The Global And China Biobased Propylene Glycol Industry 2017 Market Research Report is a professional and in-depth study on the current state of the Biobased Propylene Glycol industry.
Fluorinated ethylene propylene (FEP) market is expected to register its growth at a rate of 10.50% for the forecast period of 2021 to 2028 and is likely to reach a value of USD 1667.09 million by 2028. Data Bridge Market Research report on fluorinated ethylene propylene (FEP) market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecasted period while providing their impacts on the market’s growth.
According to IMARC Group, the global propylene oxide market is expected to exhibit moderate growth during the next five years. To learn more about this market, visit us at: https://www.imarcgroup.com/propylene-oxide-market
GlobalData, the industry analysis specialist, has released its latest research, “Global Propylene Industry – On-Purpose Technologies to Gain Prominence”. For more details : http://goo.gl/5g72e1
Thailand will dominate the Propylene Southeast Asia Market during the forecast period. It is expected to reach revenue of $6,850.30 million by 2023 at a CAGR of 19.4%.
The Global And China Fluorinated Ethylene-Propylene Copolymer Industry 2017 Market Research Report is a professional and in-depth study on the current state of the Fluorinated Ethylene-Propylene Copolymer industry.
Global Propylene capacity will experience considerable growth in the next five years with increase from 11.6 mtpa in 2015 to 130.0 mtpa by 2020. Around 65 planned projects are expected to come online primarily in China and US in the next five years. Lotte Chemical Corporation, Ascend Performance Materials LLC and Oriental Energy Co., Ltd. are the top three companies by capacity additions expected to come on-stream over the next five years. Global Propylene industry is expected to spend around US$16.9 billion by 2020 for the upcoming projects. China, Russia and US are the top three countries by capital expenditure for projects by 2020.
Propylene is produced through traditional processes like steam cracking and fluid catalytic cracking (FCC). Check complete report @ http://www.marketintelreports.com/report/irtntr10434/global-propylene-market-20162020