2-Propenenitrile Prices In USA

• United States: 1264 USD/MT

In the fourth quarter of 2023, the price of 2-propenenitrile in the United States reached 1264 USD/MT by December.

The latest report by IMARC Group, titled “2-Propenenitrile  Pricing Report 2024: Price Trend, Chart, Market Analysis, News, Demand, Historical and Forecast Data,” provides a thorough examination of the 2-Propenenitrile Prices. This report delves into the price of 2-Propenenitrile globally, presenting a detailed analysis, along with informative Price Chart. Through comprehensive 2-Propenenitrile Price analysis, the report sheds light on the key factors influencing these trend. 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 Industry dynamics. To aid in strategic planning, the price forecast section provides insights into price forecast, making this report an invaluable resource for industry stakeholders.

2-Propenenitrile Prices Analysis

• China: 1173 USD/MT
• Germany: 1335 USD/MT

Report Offering:

• Monthly Updates – Annual Subscription
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The study delves into the factors affecting 2-Propenenitrile  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/2-propenenitrile-pricing-report/requestsample

2-Propenenitrile Price Trend -Last Quarter

2-propenenitrile, commonly known as acrylonitrile, is an organic compound with the chemical formula C3H3N. It is a colorless, volatile liquid that has a pungent odor and is primarily used as a precursor in the production of plastics, synthetic rubbers, and fibers. Acrylonitrile is produced through the catalytic ammoxidation of propylene and ammonia, a process widely adopted by the chemical industry due to its efficiency.

It plays a key role in manufacturing acrylonitrile butadiene styrene (ABS) and styrene-acrylonitrile (SAN) resins, which are highly valued for their strength and durability. As a hazardous substance, acrylonitrile requires careful handling, storage, and transportation due to its toxic and flammable properties. Additionally, it is used in the synthesis of several important industrial chemicals, such as adiponitrile, a key precursor for nylon production. The global demand for 2-propenenitrile remains strong, especially in high-performance material sectors.

2-Propenenitrile Industry Analysis

 The global 2-propenenitrile market is experiencing significant growth due to its extensive use in the production of various high-performance polymers, particularly acrylonitrile butadiene styrene (ABS), which is widely used in the automotive, electronics, and construction industries. The demand for lightweight, durable, and heat-resistant materials in automotive manufacturing has been a key factor driving the market, as 2-propenenitrile serves as a critical raw material in producing these polymers.

 Additionally, the growing electronics sector, fueled by advancements in consumer electronics, requires ABS for manufacturing components such as casings, enclosures, and housings, further supporting market expansion. The rising trend of urbanization and infrastructural development, particularly in emerging economies, has increased the need for durable construction materials, which is boosting the use of acrylonitrile-based products. Moreover, the compound’s role in the production of synthetic fibers like acrylics, used in textiles and home furnishings, has contributed to its growing demand.

 The surge in the packaging industry, driven by increasing e-commerce activities and changing consumer preferences for sustainable packaging, has also spurred the need for acrylonitrile derivatives in the production of rigid and flexible packaging solutions. Innovations in medical devices and equipment, where acrylonitrile-based materials are preferred for their chemical resistance and structural integrity, have further expanded the scope of 2-propenenitrile applications.

 Additionally, the growing emphasis on the development of environmentally friendly processes and the shift toward bio-based acrylonitrile production are anticipated to foster long-term market growth. With ongoing industrial advancements and the expanding application scope of 2-propenenitrile, the market is expected to maintain its upward trajectory.

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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