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Demand Resilience: MIPA Market Thrives Amidst downstream market challenges

Demand Resilience: MIPA Market Thrives Amidst downstream market challenges

Stella Fernandes 13-May-2024

Monoisopropylamine (MIPA) prices have witnessed an upward trend in various markets due to factors such as supply chain disruptions, changes in government regulations, and shifts in global demand patterns. Despite these challenges, the demand for MIPA remains resilient, driven by key industries such as textiles and pharmaceuticals, underscoring the importance of MIPA in various industrial applications.

In the US market, MIPA prices have surged by x.xx this month, reaching USD xxxx/MT. Various sectors are exhibiting diverse levels of growth and demand, with the Personal Care sector witnessing robust demand, while the rubber and polymer markets show promising signs. Particularly, the agrochemical sector is thriving, especially in the Surfactant and Detergent market, witnessing tepid demand. Notably, beauty sales in the US have witnessed remarkable growth, with prestige beauty sales increasing by xx and mass market beauty products by xx year-over-year in Qx xxxx. Makeup, although the largest category...

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