Polyimide Prices, News, Chart, Demand, Graph and Forecast

Polyimide Price in China

• China: 18668 USD/MT

The price of polyimide in the China for Q4 2023 reached 18668 USD/MT in December.

The latest report by IMARC Group, titled "Polyimide Pricing Report 2024: Price Trend, Chart, Market Analysis, News, Demand, Historical and Forecast Data," provides a thorough examination of polyimide prices. This report delves into globally, presenting a detailed analysis, along with informative price chart. Through comprehensive 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 demand, analyzing how it impacts market dynamics. To aid in strategic planning, the price forecast section provides insights into price forecast, making this report an invaluable resource for industry stakeholders.

Report Offering:

• Monthly Updates: Annual Subscription
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The study delves into the factors affecting polyimide 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/polyimide-pricing-report/requestsample

Polyimide Price Trend- Last Quarter

The polyimide market is driven by several key factors rooted in its unique properties and growing application across various industries. Polyimides are renowned for their high thermal stability, chemical resistance, and excellent mechanical properties, making them essential in applications that require durability under extreme conditions. The increasing demand for high-performance materials in the aerospace and defense sectors is a major driver, as polyimides are used in spacecraft, aircraft components, and military equipment due to their ability to withstand high temperatures and harsh environments. The rise of electronic devices and advanced technologies is also fueling market growth, with polyimides being used in flexible electronics, semiconductor processing, and insulation for high-temperature cables.

Polyimide Industry Analysis

In the fourth quarter of 2023, the polyamide market in North America exhibited a modest uptick, driven by balanced supply and demand dynamics. October saw stable polyamide prices due to consistent raw material costs and adequate product availability, meeting domestic needs effectively. November highlighted increased operational costs due to higher oil prices, although demand growth remained limited. The auto industry's recovery post-UAW strikes offered a slight boost in polyamide demand.

However, the market in the APAC region displayed mixed results. A bearish trend emerged due to sluggish demand and an oversupply situation, partly influenced by end-of-year sales and destocking efforts. Despite a minor price increase, the market remained relatively stable throughout the quarter. Along with this, in Europe, the polyamide market experienced varied conditions, such as increasing prices due to tight supply and high domestic demand, but stability returned in the following months as downstream orders weakened. December was particularly challenging, marked by a sharp decline in automotive registrations, attributed to the end of electric vehicle purchase incentives. This downturn led to reduced new orders and intensified the market's struggles, concluding a mixed year for the region.

Furthermore, the polyamide market in the MEA faced a varied landscape as the market was influenced by moderate demand, stable supply, and fluctuations in currency exchange rates. Plant shutdowns and raw material cost pressures also played a role. Also, in Saudi Arabia, the market remained steady due to low-cost imports from Asia despite an overall bearish price trend. The quarter ended with a decrease in polyamide prices compared to both the previous quarter and the same period last year, though a slight increase was observed in the latter half of the quarter.

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

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

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