best price DOP Plasticizer Market Scope

  • best price DOP Plasticizer Market Scope
  • best price DOP Plasticizer Market Scope
  • best price DOP Plasticizer Market Scope
  • What was the price of dioctyl phthalate (DOP) in the third quarter?
  • Overall, the third quarter was marked by a sluggish DOP market, with downward price pressure due to weak demand and uncertain market dynamics. As the Quarter ended, the price of Dioctyl Phthalate (DOP) was assessed at USD 1394/MT, FOB Busan (South Korea). Europe
  • What is the global plasticizers market size?
  • The global plasticizers market was valued at USD 17.0 billion in 2022 and is projected to reach USD 22.5 billion by 2027, growing at a cagr 5.7% from 2022 to 2027. Construction is one of the major end-use industries of plasticizers and offers market growth opportunities.
  • Why was DOP demand limited in the USA's manufacturing plasticizer sectors?
  • The limited DOP demand in the USA's manufacturing plasticizer sectors was a result of a slow economic recovery and stagnant trading conditions in relevant segments. In anticipation of a price hike due to a new import tariff, buyers temporarily suspended their purchasing activities during this period.
  • What shaped the plasticizer market?
  • The market was primarily shaped by weak demand in the downstream plasticizer industry, adequate supply levels, and stable upstream raw material costs. These elements worked together to maintain balanced market conditions, resulting in minimal pricing fluctuations throughout the third quarter of 2024.
  • Why is DOP a low price?
  • The domestic market's demand for DOP kept declining, and the price pressure on 2-EH (2 Ethyl Hexanol) and PA (Phthalic Anhydride) as feedstock also slowed. However, its price has dropped to a low point due to adverse market sentiments and sluggish end-use industry offtakes.
  • What influenced the price trend of dioctyl phthalate (DOP) in the European market?
  • The average pricing trend of Dioctyl Phthalate (DOP) during the second quarter in the European market remained weak as compared with the first quarter. The DOP market is highly influenced by the downstream PVC sector, which is used as a key housing factor in the construction industry.

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