Methyl N-Amyl Ketone (MAK) Prices In USA
- United States: 3,085 USD/MT
In December 2023, the price of methyl n-amyl ketone (MAK) in the USA declined to 3,085 USD/MT.
The latest report by IMARC Group, titled “Methyl N-Amyl Ketone (MAK) Pricing Report 2024: Price Trend, Chart, Market Analysis, News, Demand, Historical and Forecast Data,” provides a thorough examination of the Methyl N-Amyl Ketone (MAK) Prices. This report delves into the price of Methyl N-Amyl Ketone (MAK) globally, presenting a detailed analysis, along with informative Price Chart. Through comprehensive 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.
Methyl N-Amyl Ketone (MAK) Prices Analysis
- India: 3,720 USD/MT
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The study delves into the factors affecting Methyl N-Amyl Ketone (MAK) 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.
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Methyl N-Amyl Ketone (MAK) Price Trend- Last Quarter
The methyl n-amyl ketone (MAK) market is primarily driven by several factors influencing supply and demand dynamics. A key driver is the robust demand from downstream industries, particularly the paint, coatings, and adhesives sectors, where MAK is valued for its solvent properties and effectiveness in formulations. As these industries experience growth, propelled by increasing construction activities and manufacturing output, the demand for MAK continues to rise.
Additionally, the ongoing expansion of the automotive and aerospace sectors contributes to the market, as MAK is used in various applications, including coatings and sealants. Supply-side factors also play a crucial role, as fluctuations in production costs due to changes in feedstock prices, particularly acetone, can impact market pricing.
Besides this, logistical challenges and production constraints, such as maintenance shutdowns at key facilities, can exacerbate supply tightness, thereby influencing market dynamics. Overall, the methyl n-amyl ketone market is characterized by a complex interplay of demand growth in various sectors and supply chain considerations, positioning it for continued evolution in the coming years.
Methyl N-Amyl Ketone (MAK) Industry Analysis
In the second quarter of 2024, the methyl n-amyl ketone (MAK) market in North America demonstrated significant dynamism, characterized by a notable increase in prices driven by several key factors. A primary influence was the heightened market bids from the Asian region, with moderate but persistent demand from downstream sectors in the paint and coating industries.
This quarter saw an alignment of increased purchases alongside rising feedstock ketone prices, fostering a competitive pricing environment. Additionally, export shipments attracted substantial interest, enabling distributors to maintain firm price levels despite some hesitance among market participants. Notably, the USA experienced the most pronounced price fluctuations, with bullish trends attributed to demand outpacing supply, surges in electricity prices, and robust activity in downstream markets. Conversely, the APAC region witnessed a significant price increase, driven by supply constraints and strong demand from downstream sectors.
Disruptions in logistical chains and maintenance shutdowns at key production facilities further tightened supply. At the same time, India’s MAK market exhibited strong bullish trends due to low supply levels and increased spot purchasing. In contrast, the European market, particularly in Germany, faced a notable price decline, influenced by economic uncertainties and reduced demand from traditional sectors, leading to oversupply and pronounced price deflation.
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
Note: The current country list is selective, detailed insights into additional countries can be obtained for clients upon request.
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