Procurement Resource Evaluates the Price Trends of Isobutanol in its Latest Insights and Dashboard
Price Trends of Isobutanol 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 Isobutanol 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 Isobutanol 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:
A flammable, colourless liquid with a distinctive odor, Isobutanol is also combustible. The majority of its uses are as a solvent, either directly or via esters. Its three isomers, 1-butanol, 2-butanol, and tert-butanol, are all used in industry. C4H10O is its chemical formula.
Also Check Isobutanol Production Cost Report – https://www.procurementresource.com/production-cost-report-store/isobutanol
Regions Covered to Evaluate Isobutanol Price Trend:
- North America
- South America
- Europe
- The Asia Pacific
- The Middle East
- Africa
Industrial Uses Impacting Isobutanol Price Trend:
One of the key factors influencing the growth of the Isobutanol market is the increase in demand from end-users including chemical and oil & gas companies, as well as properties like restricted miscibility and medium volatility. The Isobutanol market is expanding due to rising applications from the paint and coatings industry as well as increased usage of isobutyl acetate by sectors including food processing, lacquer, and others. It is also widely used in several other industries like Adhesives and sealant chemicals, Agricultural chemicals (non-pesticidal), Corrosion inhibitors and anti-scaling agents, Fuels, fuel additives, and Intermediates.
Key Market Players:
- BASF SE
- Eastman Chemical Company
- Gevo
- Butamax Advanced Biofuels LLC
- Sahara PCC
News and Events:
Due to limited supply and low inventory, Isobutanol prices increased in North America during the first quarter of 2022. Its price was 1990 USD/MT FOB Louisiana at the beginning of the month. Prices of oxy alcohol isobutanol have been continuously rising in the Asia Pacific region due to rising raw material costs, which was the main cause of the sudden spike. According to dealers, price hikes throughout the world are what caused prices to increase to the upper end. After the end of the month, the price of Isobutanol in China was reported to be 1595 USD/MT Spot Ex-Qingdao. Due to increased demand from downstream paints and coatings, fuels, and fuel additives, the price of Isobutanol has been continuously rising in Europe, reaching 2025 USD/MT FD Hamburg. Strong downstream sector demand during the first half of 2022 drove up the cost of the chemical.
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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