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.
Dibutyl Phthalate (DBP) is a chemical compound commonly used as a plasticizer in various industries, particularly in the production of plastics, resins, and adhesives. It imparts flexibility and durability to these materials by softening them. However, DBP has faced scrutiny due to potential health and environmental concerns, leading to regulatory restrictions in some regions.
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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 Forecast, 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.
Dibutyl Phthalate (DBP) finds key industrial uses as a plasticizer, primarily in the production of vinyl and other synthetic resins, as well as in manufacturing flexible plastics, adhesives, and coatings. Its ability to enhance flexibility and durability in these materials makes it valuable in industries such as construction, automotive, and packaging.
Procurement Resource offers in-depth research on product pricing and market insights for more than 500 chemicals, commodities, and utilities updated daily, weekly, monthly, and annually. It is a cost-effective, one-stop solution for all your market research requirements, irrespective of which part of the value chain you represent.
We have a team of highly experienced analysts who perform comprehensive research to deliver our clients the newest and most up-to-date market reports, cost models, price analysis, benchmarking, and category insights, which help in streamlining the procurement process for our clientele. Our team tracks the prices and production costs of a wide variety of goods and commodities, hence providing you with the latest and consistent data.
To get real-time facts and insights to help our customers, we work with a varied range of procurement teams across industries. At Procurement Resource, we support our clients, with up-to-date and pioneering practices in the industry, to understand procurement methods, supply chain, and industry trends, so that they can build strategies to achieve maximum growth.
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