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.
Industrial Uses Impacting the Polytrimethylene Terephthalate Price Trend:
Polytrimethylene Terephthalate is widely employed in key industries for its exceptional properties. It finds significant use in manufacturing textiles, especially in the creation of durable and long-lasting fibers. Its abrasion resistance makes it ideal for applications where wear and tear are common, such as sportswear, outdoor fabrics, and automotive interiors. Additionally, it's utilized in producing packaging materials, industrial belts, and other products requiring robustness and flexibility.
Key Players:
- DuPont
- Sinopec
- Eastman Chemical Co.
- Royal Dutch/Shell Group of Companies
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