Procurement Resource Evaluates the Price Trends of Acetic Oxide in its Latest Insights and Dashboard
Price Trends of Acetic Oxide 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 Acetic Oxide 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 Acetic Oxide 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:
Acetic oxide is the most widely utilised reagent in organic synthesis because it is the simplest isolable anhydride of a carboxylic acid. It is primarily used to transform cellulose into cellulose acetate, which is utilised in the production of cigarette filters as well as photographic film and other coated materials. Additionally, it is employed in the manufacture of aspirin and as a wood, preservative to create wood that will last longer.
Also Check Acetic Oxide Production Cost Report – https://www.procurementresource.com/production-cost-report-store/acetyl-oxide
Regions Covered to Evaluate Acetic Oxide Price Trend:
- North America
- South America
- Europe
- The Asia Pacific
- The Middle East
- Africa
Industrial Uses Impacting Acetic Oxide Price Trend:
The market size is being driven by an increase in the use of solvents like VAM in the chemical industry’s paints, coatings, adhesives, and sealants. Furthermore, PTA is used in the production of polyester, and the growing consumption of PTA is a result of the rising demand for polyester in the textile and packaging industries. Global market expansion will be aided by the development and expanding applications in several industries, including paints & coatings, adhesives & sealants, and textiles. Vinyl Acetate Monomer (VAM) consumption is fueled by the expanding need for paints and coatings around the world, which supports the market’s expansion.
Key Market Players:
- Celanese
- BP Chemicals
- Eastman Chemical Company
- BASF
- Jubilant Life Sciences
- DuPont
- SABIC
- PetroChina Ltd.
News and Events:
BP’s global Aromatics & Acetyls business, which consists of 15 locations, including 5 in the Americas, 2 in Europe, and 8 in Asia, as well as 10 top joint ventures, was acquired by INEOS in January 2021 of 2022. This move will help the company strengthen its position in the global petrochemicals market and open up opportunities for business integration and growth.
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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