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Polyacrylonitrile (PAN) Price Chart, Growth, Monitor and Historical Data
Posted: Aug 10, 2024
- United States: 2554 USD/MT
In the USA, the price of polyacrylonitrile (PAN) was 2554 USD/MT in Q4 2023.
The latest report by IMARC Group, titled "Polyacrylonitrile (PAN) Pricing Report 2024: Price Trend, Chart, Market Analysis, News, Demand, Historical and Forecast Data," provides a thorough examination of Polyacrylonitrile (PAN) Prices. This report delves in globally, presenting a detailed analysis, along with an informative Polyacrylonitrile (PAN) Price Chart. Through comprehensive price analysis, the report sheds light on the key factors influencing these trend. Additionally, it includes historical data to offer context and depth to the current pricing landscape. The report also explores demand, analyzing how it impacts market dynamics. To aid in strategic planning, the price forecast section provides insights into price forecast, making this report an invaluable resource for industry stakeholders.
Polyacrylonitrile (PAN) Prices:
- China: 1388 USD/MT
- Germany: 3562 USD/MT
Report Offering:
- Monthly Updates: Annual Subscription
- Quarterly Updates: Annual Subscription
- Biannually Updates: Annual Subscription
The study delves into the factors affecting Polyacrylonitrile (PAN) price variations, including alterations in the cost of raw materials, the balance of supply and demand, geopolitical influences, and sector-specific developments.
The report also incorporates the most recent updates from the market, equipping stakeholders with the latest information on market fluctuations, regulatory modifications, and technological progress. It serves as an exhaustive resource for stakeholders, enhancing strategic planning and forecast capabilities.
Request For a Sample Copy of the Report: https://www.imarcgroup.com/polyacrylonitrile-pricing-report/requestsample
Polyacrylonitrile (PAN) Price Trend
The polyacrylonitrile (PAN) market is primarily driven by its extensive applications across various industries, particularly in the production of carbon fibers, which are crucial for aerospace, automotive, and construction sectors due to their high strength-to-weight ratio and corrosion resistance. Additionally, PAN is extensively used in textiles, filtration systems, and copolymers, further bolstering its demand. Besides this, the rising focus on sustainable and lightweight materials, coupled with advancements in manufacturing technologies, is enhancing PAN's market appeal. Furthermore, increasing investments in renewable energy projects, such as wind energy, where PAN-based carbon fibers are used for turbine blades, are contributing to the market growth.
Moreover, the ongoing shift towards electric vehicles (EVs), requiring lighter and stronger materials, and the expansion of urban infrastructure globally are also catalyzing the market growth. Along with this, the implementation of government regulations favoring environmentally friendly and energy-efficient materials is further propelling the demand for PAN, particularly in emerging economies.
In the USA, the prices of polyacrylonitrile (PAN) in the last quarter have been influenced by fluctuations in raw material costs, particularly acrylonitrile, and supply chain disruptions caused by geopolitical tensions and logistics challenges. Additionally, the demand from the aerospace and automotive sectors, coupled with increased spending on infrastructure projects, has exerted pressure on prices. Environmental regulations and the push for green energy solutions have also contributed to the variability in PAN prices.
In China, PAN prices in the last quarter have been driven by the robust demand from the textile and carbon fiber industries. The government's focus on industrial modernization and urbanization projects has increased the consumption of PAN-based products. However, the prices have also been affected by stringent environmental regulations, leading to factory shutdowns and production curtailments, as well as volatility in raw material costs due to fluctuating oil prices and trade policies.
In Germany, the polyacrylonitrile (PAN) market has seen price fluctuations due to the dynamic automotive sector's demand and the growth of renewable energy projects requiring high-performance materials. The regulatory landscape focusing on sustainability and environmental impact has also played a role in shaping the market. Supply chain constraints and raw material price volatility, particularly in the context of European market dependencies and geopolitical factors, have further influenced the pricing trends in the last quarter.
Regional Price Analysis:
- Asia Pacific: China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Thailand, South Korea, Malaysia, Nepal, Taiwan, Sri Lanka, Hongkong, Singapore, 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
- Middle East & Africa: Saudi Arabia, UAE, Israel, Iran, South Africa, Nigeria, Oman, Kuwait, Qatar, Iraq, Egypt, Algeria, and Morocco
Note: The current country list is selective, detailed insights into additional countries can be obtained for clients upon request.
About Us:
IMARC is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.
Contact us:
IMARC Group
134 N 4th St. Brooklyn, NY 11249, USA
Email: sales@imarcgroup.com
Tel No:(D) +91 120 433 0800
United States: +1-631-791-1145
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