Get the latest insights on price movement and trend analysis of Fluoropolymers in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East & Africa).
Fluoropolymers Price Trend for the First Half of 2023
In the first quarter of 2023, the prices of fluoropolymers fluctuated as the Chinese market introduced certain policies to deal with the plunging economic conditions. In addition, the number of orders from the overseas market and inquiries from end-user sectors drove up the price trend of fluoropolymers in the first quarter. But the trend declined gradually in the second quarter as the economic activities of the Asia Pacific region slumped. The trading activities also took a toll, and with feeble demand from the domestic and overseas markets, the prices of fluoropolymers found it difficult to sustain their momentum.
In Europe, the price trend of fluoropolymers witnessed a northwards trajectory as the rise in inflation and hike in interest rates supported the rise in the prices. The slow movement of the German economy and the cautious spending of buyers posed a problem for fluoropolymers' prices in the first quarter. But in the second quarter, the consumption rates improved with the positive movement of the automotive industries. The inclining freight charges and significant growth of major market employers of fluoropolymers supported the inclining price trend of fluoropolymers.
The North American region showcased an inclining trajectory in fluoropolymers prices. The high demand and slow supply created disruptions in the supply-demand equilibrium and thus drove the price trend of fluoropolymers. In the second quarter also, the demand from automobile industries supported the rising prices, and the fluctuating cost of freight charges further pushed the market in a positive direction. In addition to this, the consumption rates of customers improved, leading to an overall incline in the fluoropolymers' prices.
According to Procurement Resource, the price trend of Fluoropolymers is estimated to oscillate with the improving market dynamics of automotive industries.
Procurement Resource provides latest prices of Fluoropolymer. 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.
Fluoropolymers are synthetic polymers that have remarkable properties such as temperature resistance, chemical inertness, low friction, and non-stickiness. These properties of Fluoropolymers make them useful in industries such as wire and cable insulation, seals and gaskets, cookware coatings and other related sectors. The polymer is versatile and has high performance for critical applications and high-end performances.
|Industrial Uses||Nonstick coatings, Aerospace components, Oil and gas, Medical devices, Membranes and filters, Seals|
|Supplier Database||Mitsubishi Chemical Advanced Materials, AGC Chemicals Americas Inc, Honeywell International Inc, Daikin Industries Limited, Amco Polymers, Solvay SA, Saint-Gobain Performance Plastics|
|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.
In ethylene resin, some of the hydrogen atoms are replaced with fluorine or related fluorinated alkyl group that gives resultant fluoropolymer.
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).
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