Procurement Resource Evaluates the Price Trends of 2-Methyl-1,3-Butadiene in its Latest Insights and Dashboard
Price Trends of 2-Methyl-1,3-Butadiene in its Latest Insights and Dashboard
Procurement Resource does an in-depth analysis of the market trend to bring forth the monthly, quarterly, half-yearly, and yearly information on the 2-Methyl-1,3-Butadiene price in its latest pricing dashboard. The detailed assessment deeply explores the facts about the product, price change over the weeks, months, and years, key players, industrial uses, and drivers propelling the market and price trends. Each price record is linked to an easy-to-use graphing device dated back to 2014, which offers a series of functionalities; customisation of price currencies and units and downloading of price information as excel files that can be used offline. The pricing database and analysis of 2-Methyl-1,3-Butadiene can prove valuable for the procurement managers, directors, and decision-makers to build up their strongly backed up strategic insights to attain progress and profitability in the business.
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Product Description:
Another name for the very common chemical substance isoprene is 2-methyl-1,3-butadiene. It is a colourless volatile liquid in its purest state. An unsaturated hydrocarbon is an isoprene. Natural rubber’s primary building block is made mostly of polymers, which are produced by numerous plants and animals.
Also Check Acetic Acid Production Cost Report – https://www.procurementresource.com/production-cost-report-store/2-methyl-1-3-butadiene
Regions Covered to Evaluate 2-Methyl-1,3-Butadiene Price Trend:
- North America
- South America
- Europe
- The Asia Pacific
- The Middle East
- Africa
Industrial Uses Impacting 2-Methyl-1,3-Butadiene Price Trend:
Even after the unexpected fall, specialists in the field anticipate a recovery in auto demand in 2021. The demand for novel tyre design and manufacturing is being fueled by the expanding trends of electric mobility and autonomous driving, which is likely to accelerate the expansion of the isoprene market globally. The strict control of synthetic chemicals used to make rubbers, however, tends to raise the growth potential of substitute materials, which may limit the demand for isoprene in the next years.
Key Market Players:
- The Goodyear Tire & Rubber Company
- Royal Dutch Shell Plc
- Kuraray Co. Ltd.
- ZEON Corporation
- LyondellBasell Industries N.V.
News and Events:
As a byproduct of the production of coal tar or petroleum, isoprene, also known as 2-methyl-1,3-butadiene, is a colourless, volatile liquid hydrocarbon that is used as a chemical raw material. On March 25 of 2022, local refiners raised their prices significantly, with Shandong’s average market price for petroleum coke reaching 4,851.25 RMB/MT. While the price of calcined coke climbed, the price of downstream electrolytic aluminium slightly reduced. The Shandong pandemic is currently having little impact, and downstream carbon plants are starting up one by one.
About Us:
Procurement Resource is Claight’s subscription-based SaaS platform providing in-depth research on product pricing and market insights for more than 500 chemicals, commodities, and utilities updated daily, weekly, monthly, and annually. It is a cost-effective, one-stop solution for all your market research requirements, irrespective of which part of the value chain you represent. We have a team of highly experienced analysts who perform comprehensive research to deliver our clients the newest and up-to-date market reports, cost models, price analysis, benchmarking, and category insights, which help in streamlining the procurement process for our clientele. Our team track the prices and production costs of a wide variety of goods and commodities, hence, providing you with the latest and consistent data. To get real-time facts and insights to help our customers, we work with a varied range of procurement teams across industries. At Procurement Resource, we support our clients, with up-to-date and pioneering practices in the industry, to understand procurement methods, supply chain, and industry trends, so that they can build strategies to achieve maximum growth.
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