You are currently viewing Procurement Resource Evaluates the Price Trends of Petroleum Jelly in its Latest Insights and Dashboard

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

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

Price Trends of Petroleum Jelly 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 Petroleum Jelly 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 Petroleum Jelly 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:

Petroleum Jelly, a combination of hydrocarbons, has the appearance of a semi-solid material (with carbon numbers mainly higher than 25). Essentially, it is an amalgam of mineral waxes and oils. Petroleum Jelly has a melting point that ranges from 105 to 160 °F (40 to 70 °C). Additionally, it doesn’t oxidise when exposed to air. Due to its therapeutic effects, it is frequently used as a topical ointment or skin protectant.

Regions Covered to Evaluate Petroleum Jelly Price Trend:

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

Industrial Uses Impacting Petroleum Jelly Price Trend:

The petroleum jelly sector is growing as a result of the rising usage of medications. The cosmetics and personal care sector dominates the market demand for petroleum jelly because it is an ingredient in numerous skin and hair care products such as lotions, vaseline, moisturisers, and other personal care items. Additionally, after the COVID-19, the pharmaceutical industry’s strong growth aided in the expansion of petroleum jelly.

Key Market Players:

  • Sasol Limited
  • Unilever PLC
  • Unisynth Oil Refinery India Ltd. (Unisynth Group)
  • Raj Petro Specialities Pvt. Ltd.
  • Sonneborn LLC
  • Eastern Petroleum Pvt. Ltd
  • Unicorn Petroleum Industries Pvt. Ltd.
  • Kerax Limited

News and Events:

As part of its main Sustainable Development Goal (SDG): Responsible Production and Consumption, Sasol and GrnCat (pronounced “green cat,” where “cat” stands for catalysts) created a method to recover wax from used catalysts on February 4, 2021.

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

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.