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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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, including India Polybutylene Succinate price, USA Polybutylene Succinate price, pricing database, and analysis can prove valuable for procurement managers, directors, and decision-makers to build up their strongly backed-up strategic insights to attain progress and profitability in the business.
Industrial Uses Impacting the Polybutylene Succinate Price Trend:
The Polybutylene Succinate Price Trend reveals its increasing significance in key industrial sectors, notably packaging and textiles. Polybutylene Succinate Prices reflect its popularity in crafting biodegradable films, bags, and containers, owing to its eco-friendly attributes. Moreover, in the textile industry, Polybutylene Succinate Price Index indicates its use in developing sustainable fabrics, fibers, and clothing items. The polymer’s biodegradability and versatility contribute to its appeal for industries aiming to reduce their environmental footprint and offer more sustainable products amidst the Price Trend.
- MCPP (Mitsubishi)
- Showa Denko
- BioAmber Inc.
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