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| Product Name | Neopentyl Glycol |
| HS Code | 39079120 |
| Molecular Weight | 104.148 g/mol |
| Chemical Formula | C5H12O2 |
| Synonyms |
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| Region/Countries for which Data is available |
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| Currency | US$ (Data can also be provided in local currency) |
| Supplier Database Availability | Yes |
| Customization Scope | Our services can be customized as per the requirements of the customer |
| Post-Sale Analyst Support | 360-degree analyst support after service delivery |
Request for Real Time Neopentyl glycol Prices: https://www.procurementresource.com/resource-center/neopentyl-glycol-price-trends/pricerequest
Neopentyl glycol, commonly known as 2,2-dimethylpropane-1,3-diol, is an organic chemical substance. Neopentyl glycol improves the polyester product’s resistance to heat, light, and water when used in the manufacturing process. The molecular weight of neopentyl glycol is 104.148 g/mol.
It is possible to create synthetic lubricating esters that have a lower oxidation or hydrolysis potential than natural esters by esterifying fatty or carboxylic acids. Neopentyl glycol is produced on a large scale using the Aldol process, in which two carbonyl compounds are combined to form Aldol. This results in the intermediate hydroxypivaldehyde, which can be converted to neopentyl glycol by palladium on carbon hydrogenation process or a Cannizzaro reaction with formaldehyde.
The neopentyl glycol-producing countries are South Korea, Japan, the United States, Brazil, and Sweden.
Key Details About the Neopentyl Glycol 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 Neopentyl Glycol 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 Neopentyl Glycol 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 Neopentyl Glycol Price Trend:
The Neopentyl Glycol price trend is influenced by its industrial applications which includes the production of polyesters as it enhances the stability of the product towards water, light, and heat. It is also employed in paints, insulation, materials, and lubricants.
Key Market Players:
- BASF SE
- Eastman Chemical Company
- MITSUBISHI GAS CHEMICAL COMPANY, INC.
- Wanhua Chemical Group Co., Ltd.
- OXEA GmbH
- TCI Chemicals (India) Pvt. Ltd.
- LG Chem Ltd.
News and Events:
- October 01, 2021: Neopentyl glycol (NPG) and propionic acid (PA) are now available from BASF with a cradle-to-gate product carbon footprint (PCF1) of zero2 for the first time. The products, marketed under the names “NPG ZeroPCF” and “PA ZeroPCF,” are manufactured at BASF’s Ludwigshafen Verbund facility in Germany. By utilising renewable raw materials in its distinctive Verbund manufacturing system and utilising the biomass balance (BMB) approach, BASF achieves zero PCF for NPG and PA. Additionally, BASF uses renewable energy for the manufacture of NPG.
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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.
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