Polyethylene Glycol Prices, News, Chart, Graph and Historical Data

Polyethylene Glycol Price in USA

United States: 1250 USD/MT (PET Bottle Grade)

Consequently, production costs decreased, leading to a drop in market prices. Specifically, the price trend for PEG was documented at $1250 per metric ton.

The latest report by IMARC Group, titled “Polyethylene Glycol Pricing Report 2024: Price Trend, Chart, Market Analysis, News, Demand, Historical and Forecast Data,” provides a thorough examination of polyethylene glycol prices. This report delves into globally, presenting a detailed analysis, along with informative price chart. Through comprehensive price analysis, the report sheds light on the key factors influencing these trends. Additionally, it includes historical data to offer context and depth to the current pricing landscape. The report also explores the demand, analyzing how it impacts market dynamics. To aid in strategic planning, the price forecast section provides insights into price forecast, making this report an invaluable resource for industry stakeholders.

Polyethylene Glycol Prices Analysis:

• South Korea: 1980 USD/MT (Bottle)
• Belgium: 1190 USD/MT (PET Bottle)
• Saudi Arabia: 1132 USD/MT (PET Resin Bottle Grade)

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The study delves into the factors affecting polyethylene glycol 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/polyethylene-glycol-pricing-report/requestsample

𝐏𝐨𝐥𝐲𝐞𝐭𝐡𝐲𝐥𝐞𝐧𝐞 𝐆𝐥𝐲𝐜𝐨𝐥 𝐏𝐫𝐢𝐜𝐞 𝐓𝐫𝐞𝐧𝐝- 𝐋𝐚𝐬𝐭 𝐐𝐮𝐚𝐫𝐭𝐞𝐫

The Polyethylene Glycol (PEG) market is primarily driven by its increasing application in various industrial sectors, including pharmaceuticals, personal care, and automotive industries. In pharmaceuticals, PEG is used as a laxative, in drug delivery systems, and as a base in ointments, making it a critical component in medical formulations. The personal care industry relies on PEG for its emulsifying and moisture-retaining properties, which are essential in the production of skincare, haircare, and cosmetic products. The rising demand for these products, fueled by growing consumer awareness and expanding middle-class populations in emerging economies, significantly drives market growth. Moreover, advancements in manufacturing processes and the expansion of industrial activities globally are also propelling the demand for PEG. Additionally, the ongoing trend towards sustainable and eco-friendly products is encouraging the development of bio-based PEG, further supporting market expansion.

Polyethylene Glycol Industry Analysis

In Q2 2024, the pricing of Polyethylene Glycol (PEG) in North America surged due to rising raw material costs, particularly ethylene oxide influenced by increasing crude oil prices. Moreover, a force majeure event at a major manufacturing facility led to supply disruptions. Strong demand from pharmaceutical and personal care sectors, coupled with an economic recovery and seasonal demand spikes, further contributed to the price increase, resulting in a tight market and higher PEG prices. In Q2 2024, Polyethylene Glycol (PEG) prices in the APAC region surged due to robust demand from pharmaceutical and personal care industries, particularly in China. Supply chain disruptions, ethylene oxide shortages, increased freight costs, and geopolitical tensions contributed to the price hikes. Seasonal demand spikes during warmer months also drove up prices. These factors collectively led to substantial PEG price increases in the APAC region.

In Q2 2024, the European Polyethylene Glycol (PEG) market saw steady price increases due to consistent demand from pharmaceuticals and personal care sectors, supported by ongoing industrial recovery post-pandemic. Stable crude oil prices moderated raw material costs, while improved supply chain logistics and seasonal demand during summer sustained prices. This resulted in a positive pricing environment for PEG in Europe. In Q2 2024, the MEA region experienced a significant uptick in Polyethylene Glycol (PEG) prices due to high demand from the pharmaceutical and personal care sectors. Geopolitical tensions and supply chain challenges, including disruptions in shipping routes in the Red Sea, contributed to increased freight rates and supply shortages. Seasonal factors and plant maintenance in Saudi Arabia further drove prices upward, creating a bullish pricing environment for PEG in the MEA region.

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

Note: The current country list is selective, detailed insights into additional countries can be obtained for clients upon request.

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