BROOKLYN, NEW YORK, UNITED STATES, May 15, 2024 /EINPresswire.com/ — The latest report by IMARC, titled “๐๐จ๐ฅ๐ฒ๐๐ญ๐ก๐ฒ๐ฅ๐๐ง๐ ๐๐๐ซ๐๐ฉ๐ก๐ญ๐ก๐๐ฅ๐๐ญ๐ ๐๐ซ๐ข๐๐ข๐ง๐ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐๐๐: ๐๐ซ๐ข๐๐ ๐๐ซ๐๐ง๐, ๐๐ก๐๐ซ๐ญ, ๐๐๐ซ๐ค๐๐ญ ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ข๐ฌ, ๐๐๐ฐ๐ฌ, ๐๐๐ฆ๐๐ง๐, ๐๐ข๐ฌ๐ญ๐จ๐ซ๐ข๐๐๐ฅ ๐๐ง๐ ๐ ๐จ๐ซ๐๐๐๐ฌ๐ญ ๐๐๐ญ๐,” delivers a comprehensive analysis of polyethylene terephthalate 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.
๐๐จ๐ฅ๐ฒ๐๐ญ๐ก๐ฒ๐ฅ๐๐ง๐ ๐๐๐ซ๐๐ฉ๐ก๐ญ๐ก๐๐ฅ๐๐ญ๐ ๐๐ซ๐ข๐๐๐ฌ ๐๐๐๐๐ฆ๐๐๐ซ ๐๐๐๐:
โข ๐๐๐: 2342 USD/MT
โข ๐๐จ๐ฎ๐ญ๐ก ๐๐จ๐ซ๐๐: 1970 USD/MT
โข ๐๐๐ซ๐ฆ๐๐ง๐ฒ: 2235 USD/MT
๐๐๐ฉ๐จ๐ซ๐ญ ๐๐๐๐๐ซ๐ข๐ง๐ :
โข ๐๐จ๐ง๐ญ๐ก๐ฅ๐ฒ ๐๐ฉ๐๐๐ญ๐๐ฌ – Annual Subscription
โข ๐๐ฎ๐๐ซ๐ญ๐๐ซ๐ฅ๐ฒ ๐๐ฉ๐๐๐ญ๐๐ฌ – Annual Subscription
โข ๐๐ข๐๐ง๐ง๐ฎ๐๐ฅ๐ฅ๐ฒ ๐๐ฉ๐๐๐ญ๐๐ฌ – Annual Subscription
The study delves into the factors affecting polyethylene terephthalate 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.
๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐ ๐จ๐ซ ๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐จ๐ฉ๐ฒ ๐จ๐ ๐ญ๐ก๐ ๐๐๐ฉ๐จ๐ซ๐ญ: https://www.imarcgroup.com/polyethylene-terephthalate-pricing-report/requestsample
๐๐จ๐ฅ๐ฒ๐๐ญ๐ก๐ฒ๐ฅ๐๐ง๐ ๐๐๐ซ๐๐ฉ๐ก๐ญ๐ก๐๐ฅ๐๐ญ๐ ๐๐ซ๐ข๐๐ ๐๐ซ๐๐ง๐- ๐๐ ๐๐๐๐:
The polyethylene terephthalate (PET) market is currently being propelled by several key factors, chief among them being the growing demand for sustainable packaging solutions across various industries. PET, a versatile polymer known for its recyclability and durability, has seen a surge in demand as companies seek eco-friendly alternatives to traditional packaging materials. With increasing awareness about environmental concerns and stringent regulations regarding single-use plastics, PET emerges as a favored choice due to its ability to be recycled and repurposed efficiently. Furthermore, the expanding food and beverage industry, particularly in developing economies, is driving the demand for PET packaging solutions, bolstering market growth. Additionally, technological advancements in PET manufacturing processes are enhancing production efficiency and product quality, further fueling market expansion.
The global polyethylene terephthalate (PET) market ๐ฌ๐ข๐ณ๐ ๐ซ๐๐๐๐ก๐๐ ๐๐$ ๐๐.๐ ๐๐ข๐ฅ๐ฅ๐ข๐จ๐ง ๐ข๐ง ๐๐๐๐. ๐๐ฒ ๐๐๐๐, IMARC Group expects the market to reach ๐๐$ ๐๐.๐ ๐๐ข๐ฅ๐ฅ๐ข๐จ๐ง, ๐๐ญ ๐ ๐ฉ๐ซ๐จ๐ฃ๐๐๐ญ๐๐ ๐๐๐๐ ๐จ๐ ๐.๐๐% ๐๐ฎ๐ซ๐ข๐ง๐ ๐๐๐๐-๐๐๐๐. In Q4 2023, the North American PET market saw high demand for PET bottles but faced reduced consumption from downstream packaging industries, leading to oversupply in the USA. Producers sold excess inventory at discounted rates, affecting supply and pricing. Price stability later occurred due to uninterrupted feedstock supply and sporadic demand.
The PET pricing in APAC during the quarter was mostly bullish with moderate to high demand. South Korea faced PET supply shortages due to high import costs. Taiwan’s packaging industry sentiments turned bearish, impacting prices negatively. Conversely, India saw stable PET prices due to ample supply and steady packaging industry demand.
Overall, in the last quarter, several factors have played a significant role in influencing polyethylene terephthalate (PET) prices. Firstly, fluctuations in crude oil prices have had a notable impact on PET prices, as PET is derived from petroleum feedstocks. Any volatility in crude oil prices directly affects the cost of PET production, subsequently influencing its market price. Secondly, supply chain disruptions caused by the ongoing global logistics challenges, including port congestions and shortages of shipping containers, have led to supply constraints, contributing to upward pressure on PET prices. Moreover, the increased demand for PET resin, particularly in the packaging and textiles industries, has further exacerbated supply-demand imbalances, leading to price escalation. Additionally, macroeconomic factors, such as currency fluctuations and geopolitical tensions, have added uncertainty to the market, influencing investor sentiment and contributing to price volatility in the PET market.
๐๐ซ๐จ๐ฐ๐ฌ๐ ๐ ๐ฎ๐ฅ๐ฅ ๐๐๐ฉ๐จ๐ซ๐ญ: https://www.imarcgroup.com/polyethylene-terephthalate-pricing-report
๐๐๐ฒ ๐๐จ๐ข๐ง๐ญ๐ฌ ๐๐จ๐ฏ๐๐ซ๐๐ ๐ข๐ง ๐ญ๐ก๐ ๐๐จ๐ฅ๐ฒ๐๐ญ๐ก๐ฒ๐ฅ๐๐ง๐ ๐๐๐ซ๐๐ฉ๐ก๐ญ๐ก๐๐ฅ๐๐ญ๐ ๐๐ซ๐ข๐๐ข๐ง๐ ๐๐๐ฉ๐จ๐ซ๐ญ:
The report delivers the following key findings, alongside a comprehensive breakdown of prices by region:
โข Polyethylene Terephthalate Prices
โข Polyethylene Terephthalate Price Trend
โข Polyethylene Terephthalate Demand & Supply
โข Polyethylene Terephthalate Market Analysis
โข Demand Supply Analysis by Type
โข Demand Supply Analysis by Application
โข Demand Supply Analysis of Raw Materials
โข Polyethylene Terephthalate Price Analysis
โข Polyethylene Terephthalate Industry Drivers, Restraints, and Opportunities
โข Polyethylene Terephthalate News and Recent developments
โข Global Event Analysis
โข List of Key Players
๐๐๐ ๐ข๐จ๐ง๐๐ฅ ๐๐ซ๐ข๐๐ ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ข๐ฌ:
โข ๐๐ฌ๐ข๐ ๐๐๐๐ข๐๐ข๐: China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Thailand, South Korea, Malaysia, Nepal, Taiwan, Sri Lanka, Hongkong, Singapore, Australia, and New Zealand
โข ๐๐ฎ๐ซ๐จ๐ฉ๐: Germany, France, United Kingdom, Italy, Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland, Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal and Greece
โข ๐๐จ๐ซ๐ญ๐ก ๐๐ฆ๐๐ซ๐ข๐๐: United States and Canada
โข ๐๐๐ญ๐ข๐ง ๐๐ฆ๐๐ซ๐ข๐๐: Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru
โข ๐๐ข๐๐๐ฅ๐ ๐๐๐ฌ๐ญ & ๐๐๐ซ๐ข๐๐: Saudi Arabia, UAE, Israel, Iran, South Africa, Nigeria, Oman, Kuwait, Qatar, Iraq, Egypt, Algeria, and Morocco
๐๐ซ๐จ๐ฐ๐ฌ๐ ๐๐จ๐ซ๐ ๐๐ซ๐ข๐๐ข๐ง๐ ๐๐๐ฉ๐จ๐ซ๐ญ๐ฌ ๐๐ฒ ๐๐๐๐๐ ๐๐ซ๐จ๐ฎ๐ฉ:
โข Sulphuric Acid Price Trend
โข Vitamin E Price Trend
๐๐๐จ๐ฎ๐ญ ๐๐ฌ:
IMARC is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARCโs 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 companyโs 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.
Elena Anderson
IMARC Services Private Limited
+1 631-791-1145
email us here
Article originally published on www.einpresswire.com as Polyethylene Terephthalate Price Trend, Chart, Historical Prices Analysis, News 2024, Demand, and Forecast