In the first half of 2023, the Asian dibutyl phthalate market witnessed price fluctuations driven by shifting demand dynamics. Initially, increased demand from various industries in China propelled prices upwards, but as the holiday season slowed demand and inventories swelled, prices began to decline. In Europe, a rise in demand during the first quarter led to higher prices, but increasing inventories and supply dominance caused a downturn in the second quarter. Conversely, North America experienced stable, elevated Dibutyl Phthalate prices due to strong demand and favorable cost support, maintaining positive market sentiments.
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Definition
Dibutyl phthalate (DBP) is a commonly used plasticizer primarily employed to enhance the flexibility and durability of plastics. It’s extensively utilized in various industries, including manufacturing of consumer goods like toys, cosmetics, and food packaging, as well as in industrial applications such as automotive parts and building materials.
The price trends of DBP can fluctuate due to several factors. Market demand, supply chain disruptions, raw material costs, and regulatory changes significantly impact its pricing. Additionally, environmental concerns and shifts toward eco-friendly alternatives can influence DBP’s pricing trends.
Key Details About the Dibutyl Phthalate Price Trends:
Procurement Resource does an in-depth analysis of the price trend to bring forth the monthly, quarterly, half-yearly, and yearly information on the Dibutyl Phthalate in its latest pricing dashboard. The detailed assessment deeply explores the facts about the product, price change over the weeks, months, and years, key players, industrial uses, and drivers propelling the market and price trends.
Each price record is linked to an easy-to-use graphing device dated back to 2014, which offers a series of functionalities; customization of price currencies and units and downloading of price information as Excel files that can be used offline.
The Dibutyl Phthalate Price Trends, including India Dibutyl Phthalate price, USA dibutyl phthalate price, pricing database, and analysis can prove valuable for procurement managers, directors, and decision-makers to build up their strongly backed-up strategic insights to attain progress and profitability in the business.
Industrial Uses Impacting the Dibutyl Phthalate Price Trends:
Price Trends Graph
Dibutyl phthalate (DBP) is commonly used as a plasticizer in various industrial applications, particularly in the manufacturing of flexible plastics, adhesives, and coatings. The demand for DBP is significantly influenced by the growth in these sectors. As industries expand, so does the need for plasticizers like DBP, impacting its price trends.
The automotive industry is a major consumer of DBP due to its use in making car interiors, wires, and cables. Any fluctuations in automobile production and demand directly affect DBP prices. Similarly, the construction sector heavily relies on plasticizers for PVC pipes, flooring, and cables, thus affecting DBP prices in accordance with construction activities.
Environmental regulations also play a vital role. As there’s increased scrutiny on chemicals like phthalates due to their potential health and environmental risks, regulatory changes can impact DBP prices. Stricter regulations often lead to increased production costs or limitations on its use, affecting its availability and price.
Furthermore, the availability and cost of raw materials used in the production of DBP, such as phthalic anhydride and n-butanol, directly influence its price trends. Any fluctuations or shortages in these feedstocks can cause price variations in DBP.
Overall, the interplay between industrial demands, regulatory landscapes, and raw material availability significantly influences the price trends of dibutyl phthalate within the market.
Key Players:
- Henan Kingway Chemicals
- Puyang Zhongke Xinyuan Petroleum Chemical
- Nan Ya Plastics (NPC)
- Aekyung Petrochemical
- UPC Group
- Geo Young Corporation
- Taoka Chemical
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