Acrylamide Price Chart, News and Demand | IMARC Group
This report delves into the Price of Acrylamide globally, presenting a detailed analysis, along with an informative Acrylamide Price Chart.
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The latest report by IMARC Group, titled "Acrylamide Pricing Report 2024: Price Trend, Chart, Industry Analysis, News, Demand, Historical and Forecast Data," provides a thorough examination of the Acrylamide Price Trend. This report delves into the Price of Acrylamide globally, presenting a detailed analysis, along with an informative Acrylamide Price Chart. Through comprehensive Acrylamide Price analysis, the report sheds light on the key factors influencing these trends. Additionally, it includes historical data to offer context and depth to the current pricing landscape. The report also explores the News, analyzing how it impacts industry dynamics. To aid in strategic planning, the price forecast section provides insights into price forecast, making this Price report an invaluable resource for industry stakeholders.
Acrylamide Prices Last Quarter:
- United States: 1305 USD/MT (Powder)
- China: 1215 USD/MT
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The study delves into the factors affecting acrylamide 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 industry, equipping stakeholders with the latest information on industry 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/acrylamide-pricing-report/requestsample
Key Highlights of the Acrylamide Price Trend – Q2 2024
The acrylamide market is primarily driven by its extensive application across various industries, particularly in water treatment, pulp and paper, and textiles. One of the main drivers is the increasing demand for effective water treatment solutions due to rising concerns over water scarcity and pollution. Acrylamide is a crucial component in producing polyacrylamide, which is widely used as a flocculant in wastewater treatment plants to enhance water quality and meet regulatory standards. Additionally, the paper and pulp industry relies heavily on acrylamide for improving paper strength and retention, which is essential for producing high-quality paper products. The textile industry also contributes to the demand for acrylamide, as it is used in fabric treatments to enhance durability and performance. Moreover, the global trend towards industrialization and urbanization has led to increased industrial and household activities, further propelling the need for acrylamide-based products. Technological advancements and innovations in acrylamide production processes have improved efficiency and reduced production costs, making it more accessible for various applications.
Factors Influencing Acrylamide Prices in Different Regions – Q2 2024
In North America
In the second quarter of 2024, acrylamide prices in North America rose sharply due to increased demand from the water treatment sector, as well as heightened industrial and household activities. This surge in demand coincided with disruptions in the supply chain, including a temporary Force Majeure declared by SNF Floerger Group in Mississippi. Rising raw material costs and increased freight charges also contributed to the price increase, creating a positive pricing environment.
In Asia Pacific
In Q2 2024, acrylamide prices in the Asia-Pacific region initially rose due to increased demand and industrial activities, driven by higher upstream acrylonitrile costs. However, prices sharply declined in June due to reduced consumer demand and high inventory levels influenced by the monsoon season. Despite supply disruptions, market prices fell due to sufficient initial inventories and steady production rates from other manufacturers.
In Europe
Acrylamide prices experienced a pronounced upward trajectory in Q2 2024. This increase was driven by supply chain disruptions and escalating raw material costs. Ongoing issues in the Red Sea and Suez Canal exacerbated shipping delays, contributing to higher logistics costs. The rebound in crude oil prices, influenced by OPEC+ production cuts, directly impacted the cost of upstream acrylonitrile, a key precursor in acrylamide production. In Germany, significant price fluctuations were observed, with a bullish trend due to a moderate recovery in demand from the textiles, water treatment, and paper industries. Pre-summer restocking activities further strained supply-demand dynamics, resulting in a marked price increase.
Overall, Price Trend and Regional Prices 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
Note: The current country list is selective, detailed insights into additional countries can be obtained for clients upon request.
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