In the Asian polyphenylene ether market during the first two quarters of 2023, prices experienced an upward trajectory, driven by robust demand from both domestic and international sectors, especially the automotive industry. However, stability emerged in the second quarter as crude oil prices declined and restocking activities slowed. In Europe, the first quarter witnessed rising inflation and high bank interest rates, leading to price surges. Although demand remained high in the second quarter, economic sluggishness, falling raw material costs, and reduced exports restrained further price growth. In North America, the first quarter found support from the feedstock market and steady new orders, but prices declined in the second quarter due to feedstock struggles, low gas prices, and economic challenges following the collapse of major US banks, resulting in increased interest rates and inflation.
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Definition
Polyphenylene ether (PPE) is a thermoplastic polymer known for its remarkable properties. It exhibits exceptional electrical insulating capabilities, chemical resistance, and flame retardancy. PPE is dimensionally stable at high temperatures, making it suitable for various engineering applications. With a high glass transition temperature, it maintains stability in demanding conditions. PPE is commonly used in electrical and electronic components, automotive parts, and water filtration systems due to its ability to withstand high temperatures, provide electrical insulation, and resist chemicals. Its unique combination of properties makes it a valuable material in industries requiring dependable performance in challenging environments.
Key Details About the Polyphenylene Ether 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 Polyphenylene Ether 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 Polyphenylene Ether Price chart, including India Polyphenylene Ether price, USA Polyphenylene Ether 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 Polyphenylene Ether Price Trend:
Polyphenylene ether (PPE) finds versatile industrial applications owing to its outstanding properties. In the electrical and electronic industry, PPE is utilized for its excellent electrical insulating capabilities, making it suitable for manufacturing connectors, switches, and insulators. Its thermal stability is vital for automotive applications, where it is used in components that require resistance to high temperatures and automotive fluids. PPE’s chemical resistance makes it valuable in water filtration systems. Moreover, PPE is used in medical devices, consumer goods, and aerospace components. Its flame-retardant nature and dimensional stability ensure reliability across various industries, making PPE a crucial material in the production of resilient and safe industrial products.
Key Players:
- Sumitomo Chemical Co Ltd
- Tokai Rika Create Corporation
- Guangzhou Engineering Plastics Industries Co Ltd
- Asahi Kasei Corp.
- ROMIRA GmbH
- Kingfa Science & Technology Limited
- Mitsubishi Chemical Corporation
- SABIC
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