Showing posts with label Isophthalic Acid. Show all posts
Showing posts with label Isophthalic Acid. Show all posts

Wednesday, May 24, 2023

 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.

Request for Real-Time Isophthalic Acid Prices: https://procurementresource.com/resource-center/isophthalic-acid-price-trends/pricerequest

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:

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.

About Us:

Procurement Resource offers 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 most 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.

Contact Us:

Company Name: Procurement Resource
Contact Person: Chris Byrd
Email: sales@procurementresource.com
Toll-Free Number: USA & Canada – Phone no: +1 307 363 1045 | UK – Phone no: +44 7537 132103 | Asia-Pacific (APAC) – Phone no: +91 1203185500
Address: 30 North Gould Street, Sheridan, WY 82801, USA

Popular Posts