Price of Povidone, Monitor, News and Demand from Alex Maxwell's blog
- United States: 1765 USD/MT
In the USA region, the average price of povidone in Q1 2024 was $8,690 USD per metric ton, significantly influenced by various factors. The latest report by IMARC Group, titled "Povidone Pricing Report 2024: Price Trend, Chart, Market Analysis, News, Demand, Historical and Forecast Data" delivers a comprehensive analysis of Povidone 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.
Povidone Prices December 2023:
- United States: 1765 USD/MT
- China: 1325 USD/MT
- Netherlands: 1165 USD/MT
Report Offering:
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The study delves into the factors affecting Povidone 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/povidone-pricing-report/requestsample
Povidone Price Trend- Q4 2023
The povidone market is primarily driven by its extensive application across various industries, notably in pharmaceuticals, where it serves as a binder in tablets and capsules and as a stabilizer in oral and topical medications. Its unique properties, such as water solubility, film formation, adhesion, and non-toxic nature, make it highly valuable in medical and cosmetic products alike. In the healthcare sector, the heightened demand is linked to povidone's role in infection control, notably in products like antiseptics and disinfectants, which have seen increased use amid health crises such as the COVID-19 pandemic. Moreover, the expansion of the cosmetics industry, with povidone being a critical component in hair styling products and makeup, further propels market growth. The global push towards improved healthcare infrastructure, coupled with rising consumer awareness about health and hygiene, continues to stimulate demand for povidone. The ongoing developments in pharmaceutical formulations and increasing investments in healthcare are expected to sustain the market’s growth trajectory, positioning povidone as a key component in both medical and personal care products.
Povidone Market Analysis
The global povidone market size reached 86.2 Thousand Tonnes in 2023. By 2032, IMARC Group expects the market to reach 144.4 Thousand Tonnes, at a projected CAGR of 5.90% during 2023-2032. Over the last quarter, povidone prices have been influenced by several factors, including fluctuations in raw material costs and supply chain disruptions. Povidone, a polymer derived from the monomer N-vinylpyrrolidone, has faced price pressures due to the volatility in petrochemical markets, as these chemicals are fundamental in its synthesis. The instability in oil prices, influenced by global economic conditions and geopolitical tensions, has led to inconsistent pricing for raw materials, thereby affecting povidone manufacturing costs. Additionally, the pandemic-induced disruptions have exacerbated supply chain issues, ranging from delayed shipments and increased transportation costs to shortages of raw materials. Furthermore, regulatory changes and market demand fluctuations have also played significant roles in shaping povidone pricing dynamics. As regulatory bodies tighten safety and quality standards for pharmaceutical and cosmetic products, manufacturers are compelled to invest in high-quality povidone that meets these stringent requirements, pushing production costs higher. On the demand side, the surge in health awareness and subsequent increase in consumption of healthcare and hygiene products have driven up the demand for povidone significantly. This demand surge, particularly for pharmaceutical and hygienic applications amid health crises, has put additional pressure on supplies, further inflating prices.
Browse Full Report: https://www.imarcgroup.com/povidone-pricing-report
Key Points Covered in the Povidone Pricing Report:
The report delivers the following key findings, alongside a comprehensive breakdown of prices by region:
- Povidone Prices
- Price of Povidone
- Povidone Demand & Supply
- Povidone Market Analysis
- Demand Supply Analysis by Type
- Demand Supply Analysis by Application
- Demand Supply Analysis of Raw Materials
- Povidone Price Analysis
- Povidone Industry Drivers, Restraints, and Opportunities
- Povidone 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.
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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.
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