Procurement Resource Evaluates the Price Trends of 2-Propanol in its Latest Insights and Dashboard
Price Trends of 2-Propanol 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-Propanol 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-Propanol 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:
The chemical compound 2-Propanol is odourless, colourless, and flammable. The simplest instance of a secondary alcohol, in which the alcohol’s carbon atom is bonded to two additional carbon atoms, is an isopropyl group joined to a hydroxyl group. 2-Propanol is a fundamental isomer of 1-propanol and ethyl methyl ether.
Also Check 2-Propanol Production Cost Report – https://www.procurementresource.com/production-cost-report-store/acetyl-oxide
Regions Covered to Evaluate 2-Propanol Price Trend:
- North America
- South America
- Europe
- The Asia Pacific
- The Middle East
- Africa
Industrial Uses Impacting 2-Propanol Price Trend:
In developing countries, the building industry is growing significantly. As a result, the market for propanol has grown as demand for paints and coatings has increased. A solvent used in the manufacture of paint and coatings is n-propanol. The majority of emerging nations’ rising urban populations are what are fueling the expansion of the construction sector. Less than 35% of people live in metropolitan centres in the majority of APAC countries, including India, Myanmar, Nepal, and Afghanistan, according to the World Bank. The construction industry will grow as a result of these economies’ anticipated, promising rise.
Key Market Players:
- Dow Chemical
- Mistral Industrial Chemicals
- INEOS Corporation
- ReAgent Chemicals Ltd.
- LyondellBasell Industries
- Linde Gas
News and Events:
In the presence of a hydrogenation catalyst, acetone and hydrogen react to form 2-propanol. On March 22 of 2022, it was projected that the price of acetone in the East China market would be 5900 RMB/MT. The offer was firm, international crude oil prices were skyrocketing, and shippers’ spirits were high. The American acetone market was thriving. Contract consumers in East China assimilated the standard range of 5900 RMB/MT aggressively. But logistical transportation is currently subpar due to the pandemic. The price of 2-propanol was also impacted by fluctuations in the cost of raw materials.
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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