Product
Copolymer Price Trend and Forecast
Copolymer Price Trend and Forecast
Regional Price Overview
Get the latest insights on price movement and trend analysis of Copolymer in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East & Africa).
Copolymer Price Trend for Second Half of 2023
Copolymers serve as adhesives, coatings, and sealants in construction materials, enhancing durability and performance. In the automotive sector, copolymers are widely employed in tire manufacturing for improved traction and resistance to wear and tear. Additionally, they are integral components in packaging materials, providing barrier properties against moisture, gases, and UV radiation.
The third and fourth quarters of 2023 saw similar trends in the copolymer market across Asia, Europe, and North America. In Asia, market sentiments were guided by demand from sectors like pharmaceuticals, sewage, foods, and fuels, with fluctuations in prices influenced by available inventory stocks and production costs of feedstock materials like vinyl acetate and ethylene.
Europe faced challenges due to the ongoing Russia-Ukraine conflict and freight disturbances, contributing to downward price trends. Similarly, North America experienced low industrial demands during the New Year holiday season and the Israel-Hamas conflict, leading to short-range price fluctuations leaning towards lower prices. Overall, market conditions across these regions reflected downward-wavering price trends amid geopolitical and seasonal factors, impacting the copolymer market.
Analyst Insight
According to Procurement Resource, the price trend of Copolymer is estimated to follow the footsteps of the downstream automotive and packaging industries.
Copolymer Price Trend for the First Half of 2023
Copolymers are polymers made of two or more different monomeric units, in which monomers are the basic structural units forming complex compounds (copolymers). To exemplify, SBR (Styrene – Butadiene Rubber) is a copolymer of Styrene and Butadiene monomeric units. Similarly, ABS (Acrylonitrile – Butadiene Styrene), as the name suggests, is a copolymer of Acrylonitrile, Butadiene, and Styrene.
The copolymer prices depend greatly on the prices of their feedstock, usually the monomeric components present in them, and also the demands from their consumption sector. The prices of copolymers suffered from low demand and fluctuating sentiments of the downstream industries. Further, the upstream industries were burdened with overflowing inventories, lower volumes of purchases, and falling conditions of the economy, adversely affecting the price trend of copolymers.
Analyst Insight
According to Procurement Resource, with the growth in the construction and automotive sectors, the demand projections look positive for Copolymers.
Procurement Resource provides latest prices of Copolymer. Each price database is tied to a user-friendly graphing tool dating back to 2014, which provides a range of functionalities: configuration of price series over user defined time period; comparison of product movements across countries; customisation of price currencies and unit; extraction of price data as excel files to be used offline.
About
Copolymer refers to a polymer that is composed of two or more monomer species, unlike homopolymers, which contain only one type of monomer unit. Several polymers of commercial importance are copolymers, for example, polyethylene-vinyl acetate (PEVA), nitrile rubber, styrene/butadiene co-polymer (SBR), acrylonitrile butadiene styrene (ABS), and others.
Copolymers are further categorised based on their structures. into linear copolymers and branched copolymers. Copolymer obtained via copolymerisation demonstrates the many benefits of hybrid materials and offers enhanced properties to the product to meet the specific needs, for example, to reduce crystallinity, limit wetting properties or to improve solubility.
Product Details
| Report Features | Details |
| Product Name | Copolymer |
| Industrial Uses | Thermoplastic elastomers, Construction Materials, Paints and Adhesives, Automotive |
| Supplier Database | LyondellBasell Industries N.V, China Petroleum & Chemical Corporation (Sinopec), The Dow Chemical Company, BASF SE, SABIC, PetroChina Company Limited |
| Region/Countries Covered | Asia Pacific: China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Iran, Thailand, South Korea, Iraq, Saudi Arabia, Malaysia, Nepal, Taiwan, Sri Lanka, UAE, Israel, Hongkong, Singapore, Oman, Kuwait, Qatar, 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 Africa: South Africa, Nigeria, Egypt, Algeria, Morocco |
| Currency | US$ (Data can also be provided in local currency) |
| Supplier Database Availability | Yes |
| Customization Scope | The report can be customized as per the requirements of the customer |
| Post-Sale Analyst Support | 360-degree analyst support after report delivery |
Note: Our supplier search experts can assist your procurement teams in compiling and validating a list of suppliers indicating they have products, services, and capabilities that meet your company's needs.
Production Processes
- Production of Copolymers via the Process of Copolymerisation
In order to produce Copolymer, copolymerisation of two or more monomers is carried out at a specific temperature and conditions. Since the physicochemical characteristics of each monomer are unique, their nature of copolymerisation also varies depending on the monomer involved in the process. The obtained products unite the beneficial properties of their monomeric species while often negating their disadvantageous properties.
Methodology
The displayed pricing data is derived through weighted average purchase price, including contract and spot transactions at the specified locations unless otherwise stated. The information provided comes from the compilation and processing of commercial data officially reported for each nation (i.e. government agencies, external trade bodies, and industry publications).
Assistance from Experts
Procurement Resource is a one-stop solution for businesses aiming at the best industry insights and market evaluation in the arena of procurement. Our team of market leaders covers all the facets of procurement strategies with its holistic industry reports, extensive production cost and pre-feasibility insights, and price trends dynamics impacting the cost trajectories of the plethora of products encompassing various industries. With the best analysis of the market trends and comprehensive consulting in light of the best strategic footstep, Procurement Resource got all that it takes.
Client's Satisfaction
Procurement Resource has made a mark for itself in terms of its rigorous assistance to its clientele. Our experienced panel of experts leave no stone unturned in ensuring the expertise at every step of our clients' strategic procurement journey. Our prompt assistance, prudential analysis, and pragmatic tactics considering the best procurement move for industries are all that sets us apart. We at Procurement Resource value our clients, which our clients vouch for.
Assured Quality
Expertise, judiciousness, and expedience are the crucial aspects of our modus operandi at Procurement Resource. Quality is non-negotiable, and we don't compromise on that. Our best-in-class solutions, elaborative consulting substantiated by exhaustive evaluation, and fool-proof reports have led us to come this far, making us the ‘numero uno' in the domain of procurement. Be it exclusive qualitative research or assiduous quantitative research methodologies, our high quality of work is what our clients swear by.
Table Of Contents
Our Clients
Get in Touch With Us
UNITED STATES
Phone:+1 307 363 1045
INDIA
Phone: +91 1203185500
UNITED KINGDOM
Phone: +44 7537 132103
Email: sales@procurementresource.com