Polytrimethylene Terephthalate, a widely recognized polyester lauded for its robust resistance to abrasion, is employed for crafting durable and supple fibers. Market values exhibited fluctuations in H1 2023. Post-Covid-19, Asian trade flourished due to restored exchanges after prolonged halts and exhausted inventories. Conversely, Europe, grappling with high 2022 prices due to supply disruptions and geopolitical tensions, witnessed Polytrimethylene Terephthalate costs normalize with reestablished trade routes and Asian supplies. Similarly, the American market saw decreased prices from reduced demands and renewed Asian imports, resulting in a period of price stability.
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Definition
Polytrimethylene Terephthalate is a type of polyester known for its strong resistance to abrasion. It is commonly used to create durable and flexible fibers. This polyester variant has applications in various industries due to its favorable properties, making it a sought-after material for manufacturing textiles and other products requiring longevity and wear resistance.
Key Details About the Polytrimethylene Terephthalate 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 Polytrimethylene Terephthalate 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 Polytrimethylene Terephthalate Price chart, including India Polytrimethylene Terephthalate price, USA Polytrimethylene Terephthalate 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 Polytrimethylene Terephthalate Price Trend:
The Polytrimethylene Terephthalate Price Trend showcases the increasing demand for this versatile material across key industries, thanks to its exceptional properties. Notably, Polytrimethylene Terephthalate finds extensive applications in textile manufacturing, where its durability and longevity contribute significantly to the creation of resilient fibers. Its remarkable abrasion resistance renders it particularly suitable for sportswear, outdoor fabrics, and automotive interiors, where wear and tear are prevalent. Moreover, the Polytrimethylene Terephthalate Price Index reflects its utility in packaging materials, industrial belts, and other robust and flexible products, indicating a steady rise in Polytrimethylene Terephthalate Prices.
Key Players:
- DuPont
- Sinopec
- Eastman Chemical Co.
- Royal Dutch/Shell Group of Companies
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