Styrene Acrylonitrile Prices In USA
- United States: 2055 USD/MT
the price of styrene acrylonitrile was recorded at USD 2055/MT in Q4.
The latest report by IMARC, titled "Styrene Acrylonitrile Pricing Report 2024: Price Trend, Chart, Market Analysis, News, Demand, Historical and Forecast Data," delivers a comprehensive analysis of Styrene Acrylonitrile 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.
Styrene Acrylonitrile Prices December 2023:
- United States: 2055 USD/MT
- South Korea: 1285 USD/MT
- Belgium: 2330 USD/MT
Report Offering:
- Monthly Updates - Annual Subscription
- Quarterly Updates - Annual Subscription
- Biannually Updates - Annual Subscription
The study delves into the factors affecting Styrene Acrylonitrile 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.
Request For a Sample Copy of the Report: https://www.imarcgroup.com/styrene-acrylonitrile-pricing-report/requestsample
Styrene Acrylonitrile Price Trend- Q4 2023
The styrene acrylonitrile (SAN) market is propelled by its advantageous properties and a wide range of applications across various industries. As a copolymer, SAN is highly valued for its clarity, rigidity, and excellent chemical resistance, making it a preferred material in the manufacture of household and kitchenware products, as well as in cosmetic packaging. Its resistance to oils, fats, and cleaning agents enhances its utility in these sectors. Moreover, the electrical and electronics industries drive demand for SAN due to its good dimensional stability and electrical insulating properties, important for components like battery cases and connectors. The increasing push towards lightweight and durable materials in the automotive industry also contributes to SAN’s growth, as it is used in automotive interior and exterior parts. Additionally, advancements in product development, such as enhancements in UV resistance and color retention, have widened SAN's application scope in outdoor usage, pushing its market further.
Styrene Acrylonitrile Market Analysis
The global styrene acrylonitrile market size reached 722.3 Thousand Tons in 2023. By 2032, IMARC Group expects the market to reach 1,090.1 Thousand Tons, at a projected CAGR of 4.70% during 2023-2032. In the last quarter, the prices of SAN were significantly affected by several interconnected factors, primarily the fluctuating costs of raw materials and energy. Styrene and acrylonitrile, the key components of SAN, saw variable price trends due to changes in crude oil prices and the availability of feedstock. Volatility in the oil market, spurred by geopolitical tensions and global economic shifts, led to inconsistent pricing for styrene, directly impacting SAN production costs. Additionally, acrylonitrile prices were influenced by supply chain disruptions caused by production cutbacks and logistical issues, particularly in Asia where several major producers are based. The increase in manufacturing costs was compounded by rising energy prices globally, which are crucial for the energy-intensive production process of SAN.
Furthermore, demand trends played a critical role in influencing SAN prices. There was a notable increase in demand from the electronics and automotive sectors, where SAN's properties are highly valued. However, the overall economic environment, marked by inflation and a slowdown in consumer spending, moderated this demand increase. On a regional basis, the Asia-Pacific market showed strong demand due to rapid industrial growth, while markets in Europe and North America experienced more stability but cautious buying patterns due to economic uncertainties. Additionally, regulatory changes towards more sustainable materials impacted the demand for traditional SAN, prompting some manufacturers to explore or shift to alternative materials. These demand fluctuations, along with the raw material and energy cost variabilities, shaped the complex pricing landscape for SAN in the last quarter.
Browse Full Report: https://www.imarcgroup.com/styrene-acrylonitrile-pricing-report
Key Points Covered in the Styrene Acrylonitrile Pricing Report:
The report delivers the following key findings, alongside a comprehensive breakdown of prices by region:
- Styrene Acrylonitrile Prices
- Styrene Acrylonitrile Price Trend
- Styrene Acrylonitrile Demand & Supply
- Styrene Acrylonitrile Market Analysis
- Demand Supply Analysis by Type
- Demand Supply Analysis by Application
- Demand Supply Analysis of Raw Materials
- Styrene Acrylonitrile Price Analysis
- Styrene Acrylonitrile Industry Drivers, Restraints, and Opportunities
- Styrene Acrylonitrile 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
- Latin America: Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru
- Middle East & Africa: Saudi Arabia, UAE, Israel, Iran, South Africa, Nigeria, Oman, Kuwait, Qatar, Iraq, Egypt, Algeria, and Morocco
Browse More Pricing Reports By IMARC Group:
Note: The current country list is selective, detailed insights into additional countries can be obtained for clients upon request.
About Us:
IMARC is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.
Contact us:
IMARC Group
134 N 4th St. Brooklyn, NY 11249, USA
Email: sales@imarcgroup.com
Tel No:(D) +91 120 433 0800
United States: +1-631-791-1145 | United Kingdom: +44-753-713-2163