Procurement Resource Evaluates the Price Trends of Propyl Myristate ISO in its Latest Insights and Dashboard
Price Trends of Propyl Myristate ISO 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 Propyl Myristate ISO 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 Propyl Myristate ISO 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:
Myristyl acetate Iso or isopropyl myristate is a chemical that is transparent and colourless. It looks like an oozy liquid. It is unsolvable in water but can be dispersed in natural diluents. It is one of the essential ingredients for premium cosmetics. It is frequently used in cosmetics as a moisturising ingredient and an emulsifier.
Regions Covered to Evaluate Propyl Myristate ISO Price Trend:
- North America
- South America
- Europe
- The Asia Pacific
- The Middle East
- Africa
Industrial Uses Impacting Propyl Myristate ISO Price Trend:
The propyl myristate market is expected to develop at the quickest rate during the projected period in Asia Pacific. The demand for propyl myristate in the region is anticipated to be driven by high GDP growth and rising disposable income in the growing nations of China and India, which will lead to significant growth in important end user industries like personal care and pharmaceuticals. Several pharmaceutical medicines, particularly creams, use propyl myristate. Therefore, a key element driving propyl myristate demand is the pharmaceutical industry’s rapid global growth. During the projected period, it is anticipated that rising disposable income would fuel a boom in demand for personal care goods, especially oil and other skin products.
Key Market Players:
- Evonik Industries AG
- Ernesto Ventós, S.A.
- Hallstar Corporate
- Kao Corporation
- Moellhausen S.p.A.
- Organo Chem (India)
News and Events:
Demand for US goods was hampered by a supply crunch in Asia brought on by excessive Chinese production. Despite a shaky market and low feedstock prices, IPA FOB prices in late December averaged 1500 USD/MT. Pricing for feedstock have an effect on propyl myristate iso prices.
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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