In the first half of 2023, Hydroxypropyl Methacrylate (HPMA) prices were heavily influenced by fluctuating feedstock prices, primarily Meth Acrylic Acid and Propylene Oxide. Initially, HPMA prices rose in response to increasing feedstock costs and the reopening of the Chinese market post-COVID-19 lockdown. However, as downstream demand decreased and inventories grew in the second quarter, HPMA prices slipped. This period witnessed a mixed price trend for HPMA, characterized by a delicate balance between upstream costs and downstream demands.
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Definition
Hydroxypropyl Methacrylate (HPMA) is a chemical compound with applications in various industries. It is derived from Methacrylic Acid and Propylene Oxide. HPMA is known for its versatility and is used in the production of coatings, adhesives, and polymers due to its ability to enhance adhesion, flexibility, and durability in various materials.
Key Details About the HPMA (Hydroxypropyl Methacrylate) Price Trend:
Procurement Resource does an in-depth analysis of the price trend to bring forth the monthly, quarterly, half-yearly, and yearly information on the HPMA (Hydroxypropyl Methacrylate) 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 HPMA (Hydroxypropyl Methacrylate) Price chart, including India HPMA (Hydroxypropyl Methacrylate) price, USA HPMA (Hydroxypropyl Methacrylate) 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 HPMA (Hydroxypropyl Methacrylate) Price Trend:
HPMA (Hydroxypropyl Methacrylate) finds diverse applications across industries. It serves as a crucial ingredient in coatings and adhesives, enhancing adhesion, flexibility, and durability of materials. Additionally, HPMA contributes to polymer production, enabling improved performance characteristics. Its adaptability and functional properties make it valuable in various industrial processes and formulations.
Key Players:
- Evonik Industries AG
- The Dow Chemical Company
- Nippon Shokubai Co., Ltd
- GEO Specialty Chemicals, Inc
- Kowa American Corporation
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