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In the initial half of 2023, the sodium perborate market displayed diverse patterns in Asia, Europe, and North America. Asia underwent a gradual decline in the first quarter due to a sluggish construction sector and subdued demand. Although there was a brief price surge in April fueled by boric acid and limited supply, subsequent weaknesses in the cosmetics, agriculture, and detergent industries led to a downward trend. Europe, on the other hand, sustained stable demand for sodium perborate in the first quarter, benefiting from disrupted supply chains and reduced inventories. However, the second quarter encountered challenges from a competitive market due to excessive imports. Meanwhile, North America witnessed price stability in the initial quarter with rebounds in construction and detergent sectors. Nonetheless, the second quarter faced a substantial price downturn, primarily attributed to oversupply and weakened economic conditions.
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Definition
Sodium perborate is a white, crystalline compound with the chemical formula Na2B2(O2OH)4. It is widely known for its properties as a powerful oxidizing agent and its effectiveness in stain removal and disinfection. Sodium perborate has excellent bleaching properties, making it a common ingredient in laundry detergents and cleaning products. It is also stable, non-flammable, and safe for use in various applications. Sodium perborate releases hydrogen peroxide when dissolved in water, allowing it to act as a potent cleaning and disinfecting agent. Due to its versatility, it is utilized in household cleaning, pharmaceutical formulations, and as an oxygen source in some chemical processes.
Key Details About the Sodium perborate 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 Sodium perborate 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 Sodium perborate Price trends, including India Sodium perborate price, USA Sodium perborate price, 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 the Sodium perborate Price Trend:
Sodium perborate holds significant importance across multiple industries due to its strong oxidizing and disinfecting abilities. Primarily featured in laundry detergents, it acts as a potent bleach and stain remover. Its applications extend to the cleaning industry, where it effectively tackles stubborn stains and sanitizes surfaces in various cleaning products. Additionally, it plays a role in the pharmaceutical sector, contributing to wound care products and medical sterilization due to its disinfectant properties. In the cosmetic realm, it's used to whiten teeth. Its reliability, adaptability, and stability render sodium perborate a vital component in numerous industrial processes, particularly in laundry and cleaning applications.
Key Players:
- Solvay AG
- Evonik Industries AG
- OCI Peroxygens LLC
- HOGYE HOLDING GROUP CORPORATION LIMITED
- JINKE Chemical Limited
- Wuxi Wanma Chemical Co Ltd
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