Acrylamide Price in the USA
- United States: 1305 USD/MT (Powder)
During Q4 2023, the US Acrylamide market displayed mixed trends. Prices initially surged due to expensive imports but later softened as inflation decreased, fostering better business conditions. While demand grew notably from the water treatment sector, overall market demand remained moderate.
The latest report by IMARC Group, titled "Acrylamide Pricing Report 2024: Price Trend, Chart, Market 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 Acrylamide Price, analyzing how it impacts market 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 December 2023:
- 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 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.
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Acrylamide Price Trend- Q4 2023
The global acrylamide market is growing primarily due to the food and beverage industry's growing need for distinctive and long-lasting flavors. One important development driver is the growing popularity of gourmet flavorings. Furthermore, acrylamide's application in skincare products and the cosmetics industry's explosive growth are both major factors driving market expansion. The market is expanding as a result of consumers' growing interest in natural and organic substances. The market is being supported by technological developments in chemical extraction and synthesis. The market is expanding as a result of the growing usage of acrylamide in luxury goods. The trend of consumer goods personalization and customization is also propelling the industry. The global market for acrylamide is expanding due to its increasing use in industrial and household cleaning products. Important market participants are investing more in R&D, which is fueling the market's expansion. One of the main drivers of growth is the rise of online marketing and shopping to increase product accessibility. The tastes of consumers are moving toward complex and exotic flavors. A major factor in the market expansion is creative product presentation and packaging. Policies that support safe and eco-friendly substances are improving the outlook for the market. Another element propelling the acrylamide industry is its integration with personal care products to increase customer attractiveness.
Acrylamide Market Analysis
The global acrylamide market size reached US$ 3.6 Billion in 2023. By 2032, IMARC Group expects the market to reach US$ 5.2 Billion, at a projected CAGR of 4.10% during 2023-2032. In the final quarter of 2023, the Acrylamide market navigated through a labyrinth of global and regional dynamics, each exerting a distinct influence on pricing trends across North America, APAC, and Europe. In North America, particularly the USA, Acrylamide prices showcased a mixed trend initially buoyed by high-priced imports and subsequently moderated by easing inflation. This easing of inflation in November catalyzed improved business conditions, a trend that gained momentum into December as inflationary pressures further receded. Notably, the demand from water treatment and related industries played a pivotal role in fostering these improved conditions. However, the cost structure of Acrylamide production was impacted by higher Acrylonitrile prices, a critical feedstock, compelling major exporters to adjust their selling prices upwards. This period also saw a tangible increase in consumer confidence, hinting at optimism for future business conditions, despite the market grappling with weak demand, bearish sentiments, and a pronounced year-on-year price decrease, illustrating the market's sensitivity to both supply-side cost pressures and demand-side economic indicators.
However, good market circumstances were supported by the pulp, paper, and textile industries' continued strong demand in the Asia-Pacific region, with a focus on China. However, overall industrial performance was tempered by the fragility of the economic recovery and reduced manufacturing rates. Complicating matters further, growing production costs were linked to rising prices for upstream raw materials such as acrylonitrile and sulfuric acid. Although there was a little increase in inquiries from both local and foreign markets and a better forecast for demand, significant price swings were nevertheless noticed in the Chinese market. The manufacturing sector had a revival, despite being compared to factory-gate deflation; this highlighted the ongoing challenges in the economy's post-pandemic recovery trajectory. Because there was not enough demand, prices in Europe kept falling throughout the quarter, which was indicative of a depressing mood. A period of high product inventories and destocking initiatives was a sign of a relaxation of supply chain management practices across Europe due to a decline in customer demand. Acrylamide prices are influenced by a variety of factors, including shifts in demand in significant industries, supply chain interruptions, fluctuations in raw material costs, and overall patterns of economic recovery. These aspects are highlighted by the difference in regional market dynamics.
Key Points Covered in the Acrylamide Pricing Report:
The report delivers the following key findings, alongside a comprehensive breakdown of prices by region:
- Acrylamide Prices
- Acrylamide Price Trend
- Acrylamide Demand & Supply
- Acrylamide Market Analysis
- Demand Supply Analysis by Type
- Demand Supply Analysis by Application
- Demand Supply Analysis of Raw Materials
- Acrylamide Price Analysis
- Acrylamide Industry Drivers, Restraints, and Opportunities
- Acrylamide 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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