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Procurement Resource Evaluates the Price Trends of Carbitol in its Latest Insights and Dashboard

Procurement Resource Evaluates the Price Trends of Carbitol in its Latest Insights and Dashboard

Price Trends of Carbitol 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 Carbitol 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 Carbitol 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:

Carbitol is a thick, colourless liquid with a light, pleasant smell. About 190°F is where it flashes. It is frequently used to make chemicals, such as certain colours and soaps. It is a component of commercial cleansers. It offers advantages including exceptional chemical stability, excellent solubility, and favourable compatibility with water and other organic solvents. It is used in textile printing and dyeing to increase the solvent’s penetration into the fibres, which helps to produce more vibrant and intense hues.

Regions Covered to Evaluate Carbitol Price Trend:

  • North America
  • South America
  • Europe
  • The Asia Pacific
  • The Middle East
  • Africa

Industrial Uses Impacting Carbitol Price Trend:

The expanding demand from end-use industries and strict environmental rules limiting VOC emissions are the main forces behind the expansion of this industry. Additionally, it is anticipated that throughout the projected period, increasing consumer demand for environmentally friendly and biodegradable solvents will propel market expansion. Butyl Carbitol has a pleasant, ether-like aroma and is a transparent, colourless liquid. In water and the majority of organic solvents, it is miscible. The paint, ink, and coatings business use butyl carbitol, a solvent, in a variety of processes. It can be utilised in the synthesis of resins and other goods as a reactant or as an organic solvent.

Key Market Players:

  • The Dow Chemical Company
  • Eastman Chemical Company
  • Gattefossé
  • Maroon Group
  • BASF SE

News and Events:

Southeast Asia and Northeast Asia had different market sentiments for ether overall in the Asia Pacific region, but the market was stable in the fourth quarter of 2021. The decision by the OPEC+ coalition to progressively expand crude oil production output in response to rising demand on the global market had a significant negative impact on the market in Southeast Asia. Power rationing in China drove up offers to an all-time high due to decreased operational loads and a shortage of freight ships in the Asia Pacific market. As a result, GE offers remained strong throughout the quarter, and at the end of the quarter, the Ex-Mumbai discussion for PEG was valued at 111360 INR/MT.

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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Procurement Resource ensures that our clients remain at the vanguard of their industries by providing actionable procurement intelligence with the help of our expert analysts, researchers, and domain experts.