Petroleum Resins Price Trend | IMARC Group
BROOKLYN, NEW YORK, UNITED STATE, June 6, 2024 /
EINPresswire.com/ -- The latest report by IMARC, titled " ๐ฃ๐ฒ๐๐ฟ๐ผ๐น๐ฒ๐๐บ ๐ฅ๐ฒ๐๐ถ๐ป๐ ๐ฃ๐ฟ๐ถ๐ฐ๐ถ๐ป๐ด ๐ฅ๐ฒ๐ฝ๐ผ๐ฟ๐ ๐ฎ๐ฌ๐ฎ๐ฐ: ๐ฃ๐ฟ๐ถ๐ฐ๐ฒ ๐ง๐ฟ๐ฒ๐ป๐ฑ, ๐๐ต๐ฎ๐ฟ๐, ๐ ๐ฎ๐ฟ๐ธ๐ฒ๐ ๐๐ป๐ฎ๐น๐๐๐ถ๐, ๐ก๐ฒ๐๐, ๐๐ฒ๐บ๐ฎ๐ป๐ฑ, ๐๐ถ๐๐๐ผ๐ฟ๐ถ๐ฐ๐ฎ๐น ๐ฎ๐ป๐ฑ ๐๐ผ๐ฟ๐ฒ๐ฐ๐ฎ๐๐ ๐๐ฎ๐๐ฎ," delivers a comprehensive analysis of petroleum resins 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.
๐ฃ๐ฒ๐๐ฟ๐ผ๐น๐ฒ๐๐บ ๐ฅ๐ฒ๐๐ถ๐ป๐ ๐ฃ๐ฟ๐ถ๐ฐ๐ฒ๐ ๐๐ฒ๐ฐ๐ฒ๐บ๐ฏ๐ฒ๐ฟ ๐ฎ๐ฌ๐ฎ๐ฏ:
โข ๐๐ต๐ถ๐ป๐ฎ: 1360 USD/MT
๐ฅ๐ฒ๐ฝ๐ผ๐ฟ๐ ๐ข๐ณ๐ณ๐ฒ๐ฟ๐ถ๐ป๐ด:
โข ๐๐จ๐ง๐ญ๐ก๐ฅ๐ฒ ๐๐ฉ๐๐๐ญ๐๐ฌ - Annual Subscription
โข ๐๐ฎ๐๐ซ๐ญ๐๐ซ๐ฅ๐ฒ ๐๐ฉ๐๐๐ญ๐๐ฌ - Annual Subscription
โข ๐๐ข๐๐ง๐ง๐ฎ๐๐ฅ๐ฅ๐ฒ ๐๐ฉ๐๐๐ญ๐๐ฌ - Annual Subscription
The study delves into the factors affecting petroleum resins 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.
๐ฅ๐ฒ๐พ๐๐ฒ๐๐ ๐๐ผ๐ฟ ๐ฎ ๐ฆ๐ฎ๐บ๐ฝ๐น๐ฒ ๐๐ผ๐ฝ๐ ๐ผ๐ณ ๐๐ต๐ฒ ๐ฅ๐ฒ๐ฝ๐ผ๐ฟ๐ :
https://www.imarcgroup.com/petroleum-resins-pricing-report/requestsample
๐ฃ๐ฒ๐๐ฟ๐ผ๐น๐ฒ๐๐บ ๐ฅ๐ฒ๐๐ถ๐ป๐ ๐ฃ๐ฟ๐ถ๐ฐ๐ฒ ๐ง๐ฟ๐ฒ๐ป๐ฑ- ๐ค๐ฐ ๐ฎ๐ฌ๐ฎ๐ฏ
The petroleum resins market is driven by diverse applications across multiple industries, including adhesives, paints, printing inks, and rubber compounding. The primary factor behind this surge is the increasing demand for adhesives and sealants in the construction and automotive sectors where petroleum resins are favored for their superior adhesive properties, thermal stability, and chemical resistance. The rapid urbanization and industrialization in emerging economies are escalating the construction of residential and commercial buildings, subsequently boosting the demand for adhesives and coatings that incorporate petroleum resins. Additionally, the automotive industry utilizes these resins in tire manufacturing and various bonding applications, contributing further to their market growth. The versatility and effectiveness of petroleum resins in enhancing product performance in terms of durability and strength also make them indispensable in various manufacturing processes, driving their demand in a wide array of applications.
๐ฃ๐ฒ๐๐ฟ๐ผ๐น๐ฒ๐๐บ ๐ฅ๐ฒ๐๐ถ๐ป๐ ๐ ๐ฎ๐ฟ๐ธ๐ฒ๐ ๐๐ป๐ฎ๐น๐๐๐ถ๐
The global Petroleum Resins market size reached ๐จ๐ฆ$ ๐ฐ.๐ฏ ๐๐ถ๐น๐น๐ถ๐ผ๐ป ๐ถ๐ป ๐ฎ๐ฌ๐ฎ๐ฏ. ๐๐ ๐ฎ๐ฌ๐ฏ๐ฎ,IMARC Group expects the market to reach ๐จ๐ฆ$ ๐ฒ.๐ฎ ๐๐ถ๐น๐น๐ถ๐ผ๐ป, ๐ฎ๐ ๐ฎ ๐ฝ๐ฟ๐ผ๐ท๐ฒ๐ฐ๐๐ฒ๐ฑ ๐๐๐๐ฅ ๐ผ๐ณ ๐ฏ.๐ต๐ฌ% ๐ฑ๐๐ฟ๐ถ๐ป๐ด ๐ฎ๐ฌ๐ฎ๐ฏ-๐ฎ๐ฌ๐ฏ๐ฎ. In the last quarter, petroleum resin prices have been significantly influenced by fluctuations in raw material costs and supply chain disruptions. Throughout the fourth quarter of 2023, the US market witnessed a bullish trend, particularly evident in the initial two months with consecutive increases of 2.5% and 1.2% in petroleum resin prices.ย This upward trajectory in product prices was primarily driven by heightened production costs, closely tied to the fluctuating price of the raw material, which increased during this period and elevated the production cost.
๐๐ฟ๐ผ๐๐๐ฒ ๐๐๐น๐น ๐ฅ๐ฒ๐ฝ๐ผ๐ฟ๐:
https://www.imarcgroup.com/petroleum-resins-pricing-report
Besides, Q4 2023 marked a pivotal period for the petroleum resin market in the APAC region, characterized by notable developments and influences on market dynamics. One key factor was the substantial increase in demand from the downstream construction industry, both domestically and internationally, creating a bullish market scenario. Despite the overall economic slowdown in the region, the construction sector demonstrated resilience, contributing to the sustained demand for petroleum resin.
Moreover, in the final quarter of 2023, the European market experienced a bullish trend in the region due to the volatility in feedstock crude oil prices, which increased the production cost of the product in the country and resulted in a market situation. Moreover, that quarter observed a disruption in the supply chain across the region. The supply shortage was intricately linked to the elevated spot prices of refined products on the US West Coast, a trend anticipated ahead of the impending Hurricane Hilary. These factors combined have created a complex pricing environment for petroleum resins in the last quarter, marked by both volatility and a general upward trend in prices.
๐๐ฒ๐ ๐ฃ๐ผ๐ถ๐ป๐๐ ๐๐ผ๐๐ฒ๐ฟ๐ฒ๐ฑ ๐ถ๐ป ๐๐ต๐ฒ ๐ฃ๐ฒ๐๐ฟ๐ผ๐น๐ฒ๐๐บ ๐ฅ๐ฒ๐๐ถ๐ป๐ ๐ฃ๐ฟ๐ถ๐ฐ๐ถ๐ป๐ด ๐ฅ๐ฒ๐ฝ๐ผ๐ฟ๐:
The report delivers the following key findings, alongside a comprehensive breakdown of prices by region:
โข Petroleum Resins Prices
โข
Petroleum Resins Price Trend
โข Petroleum Resins Demand & Supply
โข Petroleum Resins Market Analysis
โข Demand Supply Analysis by Type
โข Demand Supply Analysis by Application
โข Demand Supply Analysis of Raw Materials
โข Petroleum Resins Price Analysis
โข Petroleum Resins Industry Drivers, Restraints, and Opportunities
โข Petroleum Resins News and Recent developments
โข Global Event Analysis
โข List of Key Players
๐ฅ๐ฒ๐ด๐ถ๐ผ๐ป๐ฎ๐น ๐ฃ๐ฟ๐ถ๐ฐ๐ฒ ๐๐ป๐ฎ๐น๐๐๐ถ๐:
โข ๐๐๐ถ๐ฎ ๐ฃ๐ฎ๐ฐ๐ถ๐ณ๐ถ๐ฐ: China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Thailand, South Korea, Malaysia, Nepal, Taiwan, Sri Lanka, Hongkong, Singapore, Australia, and New Zealand
โข ๐๐๐ฟ๐ผ๐ฝ๐ฒ: Germany, France, United Kingdom, Italy, Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland, Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal and Greece
โข ๐ก๐ผ๐ฟ๐๐ต ๐๐บ๐ฒ๐ฟ๐ถ๐ฐ๐ฎ: United States and Canada
โข ๐๐ฎ๐๐ถ๐ป ๐๐บ๐ฒ๐ฟ๐ถ๐ฐ๐ฎ: Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru
โข ๐ ๐ถ๐ฑ๐ฑ๐น๐ฒ ๐๐ฎ๐๐ & ๐๐ณ๐ฟ๐ถ๐ฐ๐ฎ: Saudi Arabia, UAE, Israel, Iran, South Africa, Nigeria, Oman, Kuwait, Qatar, Iraq, Egypt, Algeria, and Morocco
๐๐ซ๐จ๐ฐ๐ฌ๐ ๐๐จ๐ซ๐ ๐๐ซ๐ข๐๐ข๐ง๐ ๐๐๐ฉ๐จ๐ซ๐ญ๐ฌ ๐๐ฒ ๐๐๐๐๐ ๐๐ซ๐จ๐ฎ๐ฉ:
โข
Adipic Acid Price Trend
โข
Maize (Corn) Price Trend
๐ก๐ผ๐๐ฒ: ๐ง๐ต๐ฒ ๐ฐ๐๐ฟ๐ฟ๐ฒ๐ป๐ ๐ฐ๐ผ๐๐ป๐๐ฟ๐ ๐น๐ถ๐๐ ๐ถ๐ ๐๐ฒ๐น๐ฒ๐ฐ๐๐ถ๐๐ฒ, ๐ฑ๐ฒ๐๐ฎ๐ถ๐น๐ฒ๐ฑ ๐ถ๐ป๐๐ถ๐ด๐ต๐๐ ๐ถ๐ป๐๐ผ ๐ฎ๐ฑ๐ฑ๐ถ๐๐ถ๐ผ๐ป๐ฎ๐น ๐ฐ๐ผ๐๐ป๐๐ฟ๐ถ๐ฒ๐ ๐ฐ๐ฎ๐ป ๐ฏ๐ฒ ๐ผ๐ฏ๐๐ฎ๐ถ๐ป๐ฒ๐ฑ ๐ณ๐ผ๐ฟ ๐ฐ๐น๐ถ๐ฒ๐ป๐๐ ๐๐ฝ๐ผ๐ป ๐ฟ๐ฒ๐พ๐๐ฒ๐๐.
๐๐ฏ๐ผ๐๐ ๐จ๐:
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