Polyolefin Elastomers Prices In USA

 

  • United States: 3215 USD/MT

 

In Q4 2023, the price of polyolefin elastomer in the USA reached 3215 USD/MT.

The latest report by IMARC, titled "Polyolefin Elastomers Pricing Report 2024: Price Trend, Chart, Market Analysis, News, Demand, Historical and Forecast Data" delivers a comprehensive analysis of polyolefin elastomers 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.


Polyolefin Elastomers Prices December 2023:

  • United States: 3215 USD/MT
  • China: 2680 USD/MT
  • Germany: 2840 USD/MT

 

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The study delves into the factors affecting polyolefin elastomers 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/polyolefin-elastomer-pricing-report/requestsample

 

Polyolefin Elastomers Price Trend- Q4 2023

The polyolefin elastomers (POE) market is witnessing robust growth, fueled by several key drivers propelling its demand across various industries. POEs, a class of thermoplastic elastomers, are highly sought after for their exceptional flexibility, impact resistance, and thermal stability, making them indispensable in a wide array of applications. One of the primary factors driving the POE market is the increasing demand for lightweight and durable materials in the automotive sector. POEs find extensive usage in automotive components, such as seals, gaskets, and under-the-hood applications, where their ability to withstand harsh operating conditions and provide excellent sealing properties is highly valued. Furthermore, the burgeoning packaging industry, driven by the rise in e-commerce and consumer demand for convenient packaging solutions, is driving the demand for POE-based films and packaging materials. Additionally, the construction sector is embracing POEs for their superior weatherability and performance in applications, such as roofing membranes, waterproofing materials, and adhesives, further contributing to market growth.


Polyolefin Elastomers Market Analysis

The global polyolefin elastomer (POE) market size reached US$ 1.4 Billion in 2023. By 2032, IMARC Group expects the market to reach US$ 2.8 Billion, at a projected CAGR of 7.70% during 2023-2032. In Q4 2023, polyolefin elastomers (POE) prices in North America saw a downturn attributed to labor strikes organized by the United Auto Workers (UAW) union. Moreover, uncertainty loomed over the rubber futures market and its synthetic counterparts, including POE, due to new EU guidelines aimed at reducing deforestation. Comparing to the same quarter the previous year, prices experienced a decline of -12%, with a quarter-on-quarter percentage change also registering at -12%. Notably, there was a 5% price decrease between the first and second half of the quarter in the USA.

Conversely, the European POE market witnessed notable price fluctuations in the last quarter, with a decline of 1.4% compared to the previous quarter and a more substantial -11% change compared to the same quarter in the prior year. These shifts can be attributed to moderate supply levels and reduced demand across key sectors.

Overall, the POE pricing in the last quarter was influenced by various factors. Fluctuations in crude oil prices impacted production costs, as POEs are petroleum-derived. Supply chain disruptions, including port congestion and shipping container shortages, led to supply constraints, raising POE prices. Demand fluctuations in automotive, packaging, and construction sectors, along with regulatory changes, also influenced market dynamics and POE prices.

 

Browse Full Report: https://www.imarcgroup.com/polyolefin-elastomer-pricing-report

 

Key Points Covered in the Polyolefin Elastomers Pricing Report:

The report delivers the following key findings, alongside a comprehensive breakdown of prices by region:

  • Polyolefin Elastomers Prices
  • Polyolefin Elastomers Price Trend
  • Polyolefin Elastomers Demand & Supply
  • Polyolefin Elastomers Market Analysis
  • Demand Supply Analysis by Type
  • Demand Supply Analysis by Application
  • Demand Supply Analysis of Raw Materials
  • Polyolefin Elastomers Price Analysis
  • Polyolefin Elastomers Industry Drivers, Restraints, and Opportunities
  • Polyolefin Elastomers 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:

 

Note: The current country list is selective, detailed insights into additional countries can be obtained for clients upon request.

 

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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.

 

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