DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/hwr2zg/trends_in_resin) has announced the addition of the "Trends in Resin Distribution" report to their offering.
The growth of the North American resin distribution market is undeniable - and industry officials are confident that growth will continue into 2015 and beyond.
Resin producers keep a watchful eye on crude oil and natural gas prices, which ultimately impact the prices of their materials.
At the start of 2015, the global slump in crude oil prices has impacted the North American polyethylene resin market, sending prices down an average of 4 cents per pound in December.
Oil was trading near $100 per barrel in July 2014 - the level it had occupied for much of the last few years - but fell below $49 in trading in the first few weeks of 2015. Low demand and increasing supplies in the U.S. and Middle East played a role in the slide. U.S. oil production in particular has increased as a result of hydraulic fracturing (fracking) and horizontal drilling.
North American polyethylene and polypropylene resin makers increased their distribution channel sales during 2014. At the same time, they reduced the amount of material they sold through resellers, according to the American Chemistry Council.
By Feb. 13, oil rose above $60 a barrel amid signs that deeper industry spending cuts could curb excess supply. There also are expectations that low prices will lead to lower supply growth in 2015.
Key Topics Covered:
1. Outlook Positive For Resin Distribution Market
2. Resin Sales Increase Amid Lower Volume Through Resellers
3. Oil, Shale Could Fuel Resin Rollercoaster In 2015
4. Resin Market Benefits From Consolidation
5. Sponsor Spotlight
6. Executive Spotlight
7. Resin Distributor Profiles
- Chase Plastics
- M. Holand co.
- Osterman & Co. Inc.
- Thornton & Co.
For more information visit http://www.researchandmarkets.com/research/hwr2zg/trends_in_resin
