Maleic Anhydride Pricing Report, Trend, Chart, Demand, Index, Historical Price Analysis and Forecast In The Latest Research

The latest report by IMARC, titled "Maleic Anhydride Pricing Report 2024: Price Trend, Chart, Market Analysis, News, Demand, Historical and Forecast Data," delivers a comprehensive analysis of maleic anhydride prices on a global and regional scale, highlighting the pivotal factors contributing to price changes. This detailed examination includes spot price evaluations at key ports and an analysis of pricing structures, such as Ex Works, FOB, and CIF, across North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.

Maleic Anhydride Prices December 2023:

• United States: 1155 USD/MT (Liquid)
• Japan: 1040 USD/MT
• Belgium: 1343 USD/MT (Flakes)

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The study delves into the factors affecting maleic anhydride 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.

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Maleic Anhydride Price Trend- Q4 2023

Maleic anhydride is an organic compound that is widely used in various industrial processes and applications. Chemically represented as C4H2O3, it is an unsaturated dicarboxylic anhydride that appears as a white, crystalline solid at room temperature. The maleic anhydride market, as of the fourth quarter of 2023, has exhibited stable yet varied dynamics across different global regions, influenced by a multitude of factors. The stability in North America was predominantly driven by moderate demand and raised production costs, reflecting the impact of sluggish global economic data juxtaposed with positive forecasts from downstream sectors such as butanediol and solvent industries. The equilibrium between demand and supply, alongside environmental considerations and technological advancements, played a crucial role in shaping the market's direction. Furthermore, geopolitical tensions and fluctuations in feedstock prices contributed to the observed stability in prices, demonstrating the complexity of factors that drive the market.

The global maleic anhydride market size reached US$ 3.4 Billion in 2023. By 2032, IMARC Group expects the market to reach US$ 5 Billion, at a projected CAGR of 4.30% during 2023-2032. In December 2023, maleic anhydride prices were influenced by a variety of factors across different regions, each contributing to the overall market dynamics in unique ways. In North America, the prices remained stable, supported by the interplay between moderate demand, fluctuating production costs, and the broader economic context. This stability, however, was delicately balanced against the backdrop of geopolitical tensions and environmental considerations, highlighting the complex interdependencies within the market. The demand from key downstream sectors such as butanediol and solvent industries provided a supportive base, while the operational costs associated with production dictated the price segmentation. The market's response to these factors was a testament to the resilience and adaptability of the supply chain, amidst fluctuating feedstock prices and technological advancements that could potentially reshape production processes and cost structures.

Conversely, the APAC region witnessed a pressured pricing environment, largely due to the moderate demand that failed to keep pace with the supply levels, leading to a widened demand-supply gap. The benzene market, which serves as a critical feedstock for Maleic Anhydride, experienced an oversupply situation, further exacerbating the price pressures within the Maleic Anhydride market. This scenario was particularly evident in Japan, where prices saw a significant downtrend, attributed to the weak demand coupled with an ample supply of Maleic Anhydride. The negative correlation between these market forces underscored the vulnerabilities and challenges faced by the market, amidst stable benzene prices that influenced production costs and operational rates. These regional discrepancies highlight the fragmented nature of the global market, where localized factors and global trend converge to shape the pricing and demand landscape.

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Key Points Covered in the Maleic Anhydride Pricing Report:

The report delivers the following key findings, alongside a comprehensive breakdown of prices by region:

• Maleic Anhydride Prices
• Maleic Anhydride Price Trend
• Maleic Anhydride Demand & Supply
• Maleic Anhydride Market Analysis
• Demand Supply Analysis by Type
• Demand Supply Analysis by Application
• Demand Supply Analysis of Raw Materials
• Maleic Anhydride Price Analysis
• Maleic Anhydride Industry Drivers, Restraints, and Opportunities
• Maleic Anhydride News and Recent Developments
• Global Event Analysis
• List of Key Players

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

Browse More Pricing Reports By IMARC Group:

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Note: The current country list is selective, detailed insights into additional countries can be obtained for clients upon request.

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