Get the latest insights on price movement and trend analysis of Polyolefin Plastomer in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East & Africa).
Polyolefin Plastomer Price Trend for the First Half of 2023
Polyolefin plastomer prices oscillated in the first two quarters of 2023. In the Asia-Pacific region, the trend was affected by the depletion of demand from the automobile sector, and the pricing war with Tesla hampered the prices of polyolefin plastomer in the first quarter of 2023. The rising level of inventories overshadowed the strong demand for the product in the second quarter and thus caused a downfall in the price trend of polyolefin plastomer.
A fluctuating price trend of polyolefin plastomer was observed in the first and second quarters of 2023 with a huge surge in the month of March. The spike in the trend was supported by the semiconductor industries that, in turn, gained momentum from the sales of automobiles. This rising trend continued till May, but the prices dipped in June. This striking downfall was attributed to the fall in the number of new registrations in the automobile sector, indicating a slowing of demand and overall industrial activities.
The polyolefin plastomer market oscillated in the first and second quarters of 2023 due to the shifting equilibrium sentiment of supply-demand dynamics. In the first quarter, initially, the price growth was stable, but the economic disturbances caused by the failure of two major banks in this region adversely affected the polyolefin plastomer market. In the second quarter, the prices initially rose exponentially due to support from the recovering economy, but this trend could not be sustained. The polyolefin plastomer prices faced south ultimately due to the falling demand, excess availability of the product in the region, and abrupt fall in the number of new orders.
According to Procurement Resource, the price trend of Polyolefin Plastomer is expected to showcase a mixed trend as the global economy is showcasing a fluctuating trajectory that is negatively impacting the demand for polyolefin plastomer.
Procurement Resource provides latest prices of Polyolefin Plastomer. 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.
Polyolefin plastomer combines the qualities of plastics and elastomers and belongs to the same family as polyethylene and polypropylene. The unique combination of flexibility, toughness, and processability that polyolefin plastomers possess makes them ideal for applications requiring elasticity, sealing, and impact resistance. They are valuable in sectors including packaging, automotive, and consumer products because they have a semi-crystalline structure and perform better than traditional elastomers.
|Product Name||Polyolefin Plastomer|
|Industrial Uses||Packaging, Toys and sports equipment, Automotive industry, Adhesives and sealants, Wires and cables|
|Supplier Database||Dow, Mitsui Chemical, ExxonMobil Chemical, SABIC SK Nexlene Company, LG Chemical|
|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 this process, the monomers such as but-1-ene, oct-1-ene, hex-1-ene, etc., in the presence of metallocene catalyst polymerizes. The ratio of monomers decides whether the polymer will be a polyolefin elastomer or polyolefin plastomer.
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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