The Polyvinylidene Chloride Resins market in Asia exhibited a bearish trend in the first half of 2023, with prices mostly fluctuating at the lower end. The market was affected by weak demand from downstream construction and packaging sectors, as well as uncertainty surrounding crude oil prices and high inventory levels. Similar trends were observed in the European and North American markets, where excessive stocks and economic factors, such as rising living costs and interest rates, contributed to subdued market sentiments. The declining price trends in these regions were also influenced by reduced investments in construction and lower upstream costs.
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Definition
Polyvinylidene Chloride Resins, commonly known as PVDC resins, are a type of thermoplastic material known for their excellent barrier properties against moisture, gases, and chemicals. They are used in various industries, including food packaging, medical packaging, and construction materials, to enhance product protection and shelf life. PVDC resins offer high clarity and resistance to oil and grease, making them suitable for a wide range of applications.
Key Details About the Polyvinylidene Chloride Resins Resins 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 Polyvinylidene Chloride Resins Resins 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 Polyvinylidene Chloride Resins Resins Price chart, including India Polyvinylidene Chloride Resins Resins price, USA Polyvinylidene Chloride Resins Resins 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 Polyvinylidene Chloride Resins Resins Price Trend:
Polyvinylidene Chloride Resins (PVDC) find crucial industrial uses due to their outstanding barrier properties. In the packaging industry, they are extensively used for food and medical packaging, ensuring extended shelf life and protection against moisture, gases, and odors. Additionally, PVDC resins serve in construction materials, providing durability and weather resistance. Their versatility extends to the textile industry, where they enhance fabric properties. These applications make PVDC resins indispensable in multiple sectors, benefiting from their exceptional protective qualities.
Key Players:
- Axiall
- Formosa
- Inovyn
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