Procurement Resource Evaluates the Price Trends of Dipropylene Glycol in its Latest Insights and Dashboard
Price Trends of Dipropylene Glycol 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 Dipropylene Glycol 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; customization of price currencies and units and downloading of price information as excel files that can be used offline. The pricing database and analysis of the Dipropylene Glycol 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:
Three isomeric chemical molecules, namely 2-propan-1-ol, 4-oxa-2,6-heptandiol, and 2-propan-1-ol, are combined to form dipropylene glycol. It has the appearance of a colourless and odorless liquid. It dissolves in ethanol and mixes well with water. There are two classes available: industrial grade and fragrance grade. Due to its characteristics, it is a frequent component of commercial fog fluid and is also employed as a solvent in other applications.
Regions Covered to Evaluate Dipropylene Glycol Price Trend:
- North America
- South America
- Europe
- The Asia Pacific
- The Middle East
- Africa
Industrial Uses Impacting Dipropylene Glycol Price Trend:
Dipropylene glycol is generally utilized in persona care, cosmetics, fragrance, urethanes, paints & coatings, and these products. The worldwide dipropylene glycol market is anticipated to grow as demand for the substance increases in these applications. The demand for dipropylene glycol is rising as a result of its use in odor-sensitive applications and the production of perfumes. The worldwide market is anticipated to be driven by the usage of dipropylene glycol as a plasticizer, polymerization initiator, and additive in the chemical and polymer sectors.
Key Market Players:
- Royal Dutch Shell Plc.
- LyondellBasell Industries Holdings B.V.
- The Dow Chemical Company
- Solventis
- Sumitomo Corporation
News and Events:
In 2022, the domestic propylene glycol market in China first grew, then it shrank. On March 31, the chemical had a price of 14200 RMB/MT. Since it was priced at 14680 RMB/MT on March 24, this exhibits a marked downward pricing trend.
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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