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Procurement Market Intelligence Report

Plasticizers
Sourcing Guide & Market Trends

Comprehensive intelligence for making smart purchasing decisions

Learn about actual and potential costs

How much should I pay for Plasticizers?

What is the average price of Plasticizers?

This procurement report includes pricing information to help you purchase Plasticizers. Our analysts provide a benchmark price and a price range based on key pricing factors to help you understand what you should be paying for this specific product or service. To see the average price for this and hundreds of other products and services, subscribe to ProcurementIQ.

Has the price of Plasticizers been rising or falling?

Analysts look at market data from the previous three years to determine an overall price trend. You can use the recent price trends to help you understand price volatility and plan your budget.

I’m not ready to purchase Plasticizers yet. Will I pay more if I wait too long?

We forecast the next three years of price movements by looking at factors likely to affect the market's supply chain, such as inputs, demand and competition. You can then use the price forecast to figure out the best time to purchase.

What other costs are associated with purchasing Plasticizers?

Our analysts calculate the total cost of ownership and assign a level of low, moderate or high, depending on things like customization, integration and installation. Use this information to budget for Plasticizers with a reduced risk of unexpected costs.

See how we display average pricing information, trends and market data.

Find the vendor to meet your needs

Where can I purchase ?

Market share concentration among plasticizer suppliers is high, with the top four suppliers accounting for more than 50% of US market revenue. There are 550 suppliers of plasticizers in the United States, most of which are distributors purchasing from upstream manufacturers. Although the majority of manufacturers have diversified product lines,... Subscribe to learn more.

Questions to ask potential suppliers

How can I gain leverage during negotiations?

Experience and Expertise

How long have you provided these products to your longest-tenured client?

What qualifications does your staff have and what measures do you take to keep those qualifications up to date?

What industry do you most commonly supply this product for?

To what extent will ordering multiple products from your firm allow me to save on costs?

What is your repeat business rate for businesses in my industry and how does that compare to your overall rates?

Supply Chain Risk

Over the past three years, what percentage of your revenue has been dedicated to raw input materials? How has that changed?

Has the availability of raw materials tightened due to the coronavirus outbreak?

Over the past three years, what percentage of your revenue has been dedicated to labor?

How have fluctuations in input prices affected the prices of your products during the past three years?

How do you mitigate sudden price increases in raw materials?

When input prices rise, how much of the cost is absorbed by you and how much is passed onto buyers?

How, if at all, has your supply chain been affected by import tariffs levied in 2018?

Regulation

How do you manage regulatory change? Do you have regulation advisers or methods to track regulation?

How have changing regulations influenced your pricing now and how will the changes affect prices over the life our proposed agreement?

What ongoing training procedures do you provide for your staff?

Have you ever been found to be noncompliant with regulatory frameworks?

Amid widespread health concerns during the COVID-19 pandemic, what contingency plans are in place to mitigate risk to your clients and employees? Do you offer clients any flexible exceptions, such as contract suspensions?

Purity & Reliability

What quality control measures do you use?

Have you ever had a defective product shipped to buyers without your knowledge? How did you handle the resulting situation?

What are the main concerns or complaints from your buyers?

What products lines do you consider your best?

Health Concerns

Which of your products has had attention regarding harmful health effects and are listed on any regulatory action?

Do you expect to have to reduce or end production of any of your products because of health concerns?

What differences are there in your product line between nonharmful products and allegedly harmful products intended for similar uses?

What protective equipment, if any, should our workers use when handling your product?

Capacity

How do you determine production requirements?

Do you have a predetermined capacity or do you scale according to client orders?

Have you had shortages of materials or other issues leading to diminished capacity and unfulfilled orders during the past three years?

How integrated are your suppliers with your operations? If I need more product, how long would it take to meet my order?

Additional Additives

Do you sell other additives that would meet my specified requirements or improve the performance of the plasticizer?

Does adding additives diminish the performance of a plasticizer?

What other additives are compatible with my host material and chosen plasticizer?

Will bundling other additives together in one order, including other plasticizers, reduce my total cost? Will these additives improve the effectiveness of my host material?

Pricing & Contracts

Do you offer discounts on large orders or long-term supply contracts?

Is it possible to lock in prices or put a cap on maximum price increases for a given period of time?

How often and how significant are your price increases?

How are price increases decided? If shortages were to occur, which contracts take priority?

Customer Support

What level of customer service do you offer?

Are there extra fees for requesting more in-depth help, such as looking at buyer manufacturing processes to optimize use of your product?

Do you offer guarantees or reimbursements in the case of an under-performing product, an incompatible product or other incidents that can be attributed to the supplier?

What concerns take up most of your customer support activity?

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Key elements for every RFP

What should my RFP include?

Project Budget

Buyers should state the maximum value of the contract.

Buyers should state that prices must stay fixed for a portion of the contract, and requests for price changes should be submitted after the initial grace period.

Buyers should state what index they require that their suppliers use to adjust prices.

Selection Criteria

Buyers should evaluate suppliers on their proven success of completing similar contracts.

Buyers should evaluate suppliers on their ability to accurately deliver competitively priced plasticizers.

For more selection criteria information, buyers are advised to consult the Buying-Decision Scorecard section of this report.

Project Schedule

Buyers should include a date for when the RFP was issued.

Buyers should inform suppliers of when the award announcement will be made.

Evaluate major factors to mitigate risk

How risky is the supply chain?

Supply chain risk for plasticizers is moderate. The risk of supply shortages for inputs used to produce plasticizers is low because these inputs are used in a wide variety of energy production and manufacturing applications. The equipment required to produce plasticizers carries a low risk of supply shortages because there... Subscribe to learn more.

HIGH

MEDIUM

LOW