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Isophthalic acid is an organic chemical and benzene dicarboxylic acid that replaces carboxyl groups in the benzene molecule at positions 1 and 3.
Isophthalic acid has the chemical formula C6H4(CO2H)2 and a molecular weight of 166.14 g/mol.
It is white in hue and has a pleasant smell. Because it is a conjugated isophthalate acid, it floats well in water.
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The greatest exporter of isophthalic acid is China, whereas the two major customers are the United States and the EMEA area.
Key Details About the Isophthalic Acid Price Trend:
Procurement Resource does an in-depth analysis of the price trend to bring forth the monthly, quarterly, half-yearly, and yearly information on the Isophthalic Acid 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 isophthalic acid price chart, pricing database, and analysis can prove valuable for procurement managers, directors, and decision-makers to build up their strongly backed-up strategic insights to attain progress and profitability in the business.
Industrial Uses Impacting Isophthalic Acid Price Trend:
The market for isophthalic acid is being pushed by rising demand for PET bottles, which employ the acid in their manufacturing.
They are often used in PET bottles because of their benefits for packaging and transporting liquids, such as being portable, colourful, lightweight, and transparent.
The demand for isophthalic acid is increasing due to the growing trend of employing it as a thermal and electrical insulation layer. It also serves as an intermediate ingredient in polymers that give thermal and electrical resistance.
Aside from that, it is used in firefighting equipment, aviation wall fabrics, astronaut spacesuits, and high-temperature gloves.
Key Market Players:
- Eastman
- LOTTE Chemical
- Beijing Yanshan Petrochemical
- Mitsubishi Gas Chemical
- Indorama
- Formosa
News and Events:
- January 07, 2022: LOTTE Chemical Corporation announced a significant investment in isophthalic acid at the Daesan Petrochemical Complex in order to increase the efficacy of environmentally friendly and specialist goods as well as the area economy.
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