Monday, June 5, 2023

Dysprosium Oxide, or dysprosia (Dy2O3) is one of the rarest earth oxides. It appears to be white and has a cubic crystal/ monoclinic and/or hexagonal structure based on the temperatures. This is a slightly hygroscopic powder which has major application in the production of phosphors, ceramics, lasers, glass, and dysprosium metal halide lamps.

Request for Real-Time Dysprosium Oxide Prices: https://procurementresource.com/resource-center/dysprosium-oxide-price-trends/pricerequest

It has nanoparticles which exhibit electronic, optical, paramagnetic and catalytic properties. It has a molecular weight of 373.00 u and a density of 7.81 g/cm3.

Key Details About the Dysprosium Oxide 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 Dysprosium Oxide 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 dysprosium oxide price chart, including India Dysprosium Oxide price, USA Dysprosium Oxide 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 Dysprosium Oxide Price Trend:

Price-Trend-Image

The Dysprosium Oxide industry is witnessing immense demand owing to the oxide's main use in materials with large magnetostriction, magneto-optical recording materials, neutron absorbents, nuclear reaction control rods, measurement of neutron energy-spectrum, glass additives, and rare earth permanent magnets. In addition to these applications, it is also employed in optical and laser-based devices, in fluorescent and glass materials as a dopant, high-efficiency phosphors, dielectric multilayer ceramic capacitors (MLCC), and catalysis, which is furthering the market's expansion. Furthermore, owing to its paramagnetic nature, it finds application in magnetic resonance (MR) and optical imaging agents. In the biomedical industry, its nanoparticles are used in drug delivery and new drug screening, as well as cancer research which are key applications bolstering the industry's development.

Key Players:

  • China Minmetals Rare Earth
  • Longyi Heavy Rare-Earth
  • Ganzhou Qiandong Rare Earth Group

News & Recent Development

  • 15th May 2023- Prices of dysprosium oxide recently increased and stood at 1.99-2.01 million yuan/mt, jumping from the previous 1.89-1.91 million yuan/mt by almost 5%.

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 tracks 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

 The latest report titled “Avocado oil manufacturing” by Procurement Resource, a global procurement research and consulting firm, provides an in-depth cost analysis of the manufacturing process of Tomato paste.

Procurement Resource study is based on the latest prices and other economic data available. It also offers additional analysis of the report with detailed breakdown of all cost components (capital investment details, manufacturing cost details, economics for another plant location, dynamic cost model). In addition, the report incorporates the manufacturing process with detailed process and material flow, capital investment, operating costs along with financial expenses and depreciation charges.

Request For Free Sample: https://procurementresource.com/production-cost-report-store/avocado-oil/request-sample

Procurement Resource’s detailed report describes the stepwise consumption of material and utilities along with a detailed process flow diagram. Furthermore, the study assesses the latest developments within the industry, including Avocado oil manufacturing process, that might influence Avocado oil manufacturing cost, looking into capacity expansions, plant turnarounds, mergers, acquisitions, and investments.

Product Definition

Avocado oil is a pure oil made from the ripe avocado's flesh. It is obtained through centrifugation or pressing. This oil is highly prized for its many health benefits and uses in cosmetic, skincare, and haircare products. Avocado oil is popular for its moisturizing and nourishing qualities in skincare. It provides hydration and aids in maintaining a healthy skin barrier because it is easily absorbed by the skin. The oil's vitamins and antioxidants may potentially have skin-rejuvenating and anti-aging properties. The heart-healthy qualities of this oil are due to its high content of monounsaturated fats, especially oleic acid. Antioxidants, vitamins, and minerals like potassium are also present. This oil is great for cooking, salad dressings, and marinades because of its moderate and pleasant flavor.

Market Drivers:

There are several elements that affect the avocado oil industry and its growth and demand. First and foremost, important factors are growing public awareness and acceptance of healthier eating practices and lifestyles. Avocado oil is well known for its health benefits, including its large amount of monounsaturated fats, which are linked to lower cholesterol and better heart health. Second, the market is significantly influenced by the growing food and beverage sector. Avocado oil is very adaptable and is used in various culinary preparations, such as frying, baking, salad dressings, and dipping. The use of avocado oil has been further boosted by the food industry's quest for natural ingredients of the highest caliber. In addition to that, because of its nourishing and moisturizing qualities, avocado oil is frequently used in creams, lotions, and serums for skin care. The health and luster of hair are also promoted by its use in hair care products.

Looking for an exhaustive and personalised report that could significantly substantiate your business?

Although Procurement Resource leaves no page unfurled in terms of the rigorous research for the commodities that make the heftiest base of your business, we incline more towards tailoring the reports per your specificities. All you need is one-to-one consulting with our seasoned consultants to comprehend the prime parameters you are looking to pin your research on.

Some of the common requests we receive from our clients include:

  • Adapting the report to the country/region where you intend to establish your plant.
  • Adjusting the manufacturing capacity of the plant according to your needs.
  • Customizing machinery suppliers and costs to meet your requirements.
  • Providing additional information to the existing scope based on your needs.

About Us:

Procurement Resource ensures that our clients remain at the vanguard of their industries by providing actionable procurement intelligence with the help of our expert analysts, researchers, and domain experts. Our team of highly seasoned analysts undertakes extensive research to provide our customers with the latest and up-to-date market reports, cost models, price analysis, benchmarking, and category insights, which aid in simplifying the procurement process for our clientele.

Procurement Resource work with a diverse range of procurement teams across industries to get real-time data and insights that can be effectively implemented by our customers. As a team of experts, we also track the prices and manufacturing costs of an extensive range of goods and commodities, thus, providing you with updated and reliable data.

We, at Procurement Resource, with the help of the latest and cutting-edge techniques in the industry, help our clients understand the supply chain, procurement, and industry climate so that they can form strategies that ensure their optimum growth.

Contact Us:

Company Name: Procurement Resource
Contact Person: Jolie Alexa
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

 The latest report titled “Xylene manufacturing” by Procurement Resource, a global procurement research and consulting firm, provides an in-depth cost analysis of the manufacturing process of Tomato paste.

Procurement Resource study is based on the latest prices and other economic data available. It also offers additional analysis of the report with detailed breakdown of all cost components (capital investment details, manufacturing cost details, economics for another plant location, dynamic cost model). In addition, the report incorporates the manufacturing process with detailed process and material flow, capital investment, operating costs along with financial expenses and depreciation charges.

Request For Free Sample: https://procurementresource.com/production-cost-report-store/xylene/request-sample

Procurement Resource’s detailed report describes the stepwise consumption of material and utilities along with a detailed process flow diagram. Furthermore, the study assesses the latest developments within the industry, including Xylene manufacturing process, that might influence Xylene manufacturing cost, looking into capacity expansions, plant turnarounds, mergers, acquisitions, and investments.

Product Definition:

Xylene belongs to a class of aromatic hydrocarbons and is a colorless, flammable liquid. The three isomers of this substance are ortho-, meta-, and para-xylene. Due to its superior solvent qualities, xylene is frequently utilized as a solvent in a variety of sectors. One of the xylene's most important characteristics is its capacity to dissolve various materials, including oils, greases, paints, and resins. Due to its low boiling point, it is simple to evaporate and eliminate from completed goods. It needs suitable safety precautions and ventilation during handling because of its potent odor and potential for toxicity when inhaled or consumed in excessive quantities.

Market Drivers:

The expanding need for xylene in the chemical sector is one of the major motivators. For producing several compounds, such as polymers, resins, fibers, and synthetic rubber, xylene is employed an essential raw element. Construction, automotive, and packaging industries are growing, especially in emerging nations. The expanding usage of xylene as a solvent in numerous applications is another motivator. Because of its superior solvent qualities, xylene is valuable in sectors like paints, coatings, adhesives, and printing. The xylene market is expanding due to the growing demand for these products, fueled by infrastructure expansion, construction activities, and consumer preferences. The petrochemical and energy sectors are quite important in the xylene market. Petroleum is the source of xylene, frequently created by refining operations. The availability and cost of xylene can be affected by variables such as crude oil prices, refining capabilities, and petrochemical industry dynamics.

Looking for an exhaustive and personalised report that could significantly substantiate your business?

Although Procurement Resource leaves no page unfurled in terms of the rigorous research for the commodities that make the heftiest base of your business, we incline more towards tailoring the reports per your specificities. All you need is one-to-one consulting with our seasoned consultants to comprehend the prime parameters you are looking to pin your research on.

Some of the common requests we receive from our clients include:

  • Adapting the report to the country/region where you intend to establish your plant.
  • Adjusting the manufacturing capacity of the plant according to your needs.
  • Customizing machinery suppliers and costs to meet your requirements.
  • Providing additional information to the existing scope based on your needs.

About Us:

Procurement Resource ensures that our clients remain at the vanguard of their industries by providing actionable procurement intelligence with the help of our expert analysts, researchers, and domain experts. Our team of highly seasoned analysts undertakes extensive research to provide our customers with the latest and up-to-date market reports, cost models, price analysis, benchmarking, and category insights, which aid in simplifying the procurement process for our clientele.

Procurement Resource work with a diverse range of procurement teams across industries to get real-time data and insights that can be effectively implemented by our customers. As a team of experts, we also track the prices and manufacturing costs of an extensive range of goods and commodities, thus, providing you with updated and reliable data.

We, at Procurement Resource, with the help of the latest and cutting-edge techniques in the industry, help our clients understand the supply chain, procurement, and industry climate so that they can form strategies that ensure their optimum growth.

Contact Us:

Company Name: Procurement Resource
Contact Person: Christeen Johnson
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

Fluorite is a mineral seen in vibrant colors like blue, green, yellow, etc. It has a chemical formula CaF2. The salt is soft and has cubic or octahedral crystals that exhibit transparency and fluorescence. The mineral can show a wide range of colors due to its fluorescence under UV light.

Request for Real-Time Fluorite Prices: https://procurementresource.com/resource-center/fluorite-price-trends/pricerequest

Fluorite has exceptional clarity and optical properties making it a central element in the gemstone and lens market. The mineral also has wide industrial applications. It is used in the production of steel, aluminum, and ceramics. It also has a high melting point and high chemical stability.

Key Details About the Fluorite 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 Fluorite 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 fluorite price chart, including India Iron price, USA Iron 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 Fluorite Price Trend:

Price Trend

Owing to its unique properties, fluorite finds its applications in various industries. The steel and aluminum industries are the major sectors employing the use of fluorite. It is used as a flux during the production of steel and aluminum. This flux helps in removing impurities and enhances the fluidity of the metal. In the cement industry also, fluorite assists in clinker production and reduces energy consumption. The high melting point and chemical stability of this mineral aid in the production of ceramics. Here also, it acts as a fluxing agent and reduces the melting point of the materials. In the optical industry, it is used in manufacturing glasses and prisms due to high transparency and low dispersion by the material. In chemical synthesis, this mineral is used in the production of hydrofluoric acid that is used in refrigerants, plastics, pharmaceuticals, and pesticides. In some chemical reactions, it also serves as a catalyst. Overall, fluorite's numerous industrial uses emphasize its significance in a number of fields, including metals, construction, optics, and chemicals.

Key Players:

  • Mexichem
  • Yarislavsk Mining Company (RUSAL)
  • Kenya Fluorspar Company
  • Steyuan Mineral Resources Group
  • Wuyi Shenlong Flotation
  • China Kings Resources Group
  • Guoxing Corporation
  • Jiangxi Shangro Sanshan Mining
  • Zhejiang Sanmei Chemical

News and Recent Developments:

  • March 3, 2023- Elementos (ASX:ELT) confirms fluorite discovery at Cleveland project, Tasmania- The Cleveland tin project in Tasmania owned by Elementos (ELT) has been verified to contain "significant" fluorite mineralization. In 2022, the company used a follow-up assay on the drill core from the C2119 diamond drill hole to find and confirm the fluorite. Fluorite made up 8.7% of the composite sample under consideration, according to the laboratory results. Tin, copper, tungsten, molybdenum, and bismuth were among the elements found in hole C2119, according to the company.

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 tracks 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

 The latest report titled “Polyurethane manufacturing” by Procurement Resource, a global procurement research and consulting firm, provides an in-depth cost analysis of the manufacturing process of Polyurethane.

Procurement Resource study is based on the latest prices and other economic data available. It also offers additional analysis of the report with detailed breakdown of all cost components (capital investment details, manufacturing cost details, economics for another plant location, dynamic cost model). In addition, the report incorporates the manufacturing process with detailed process and material flow, capital investment, operating costs along with financial expenses and depreciation charges.

Request For Free Sample: https://procurementresource.com/production-cost-report-store/polyurethane/request-sample

Procurement Resource’s detailed report describes the stepwise consumption of material and utilities along with a detailed process flow diagram. Furthermore, the study assesses the latest developments within the industry, including Polyurethane manufacturing process, that might influence Polyurethane manufacturing cost, looking into capacity expansions, plant turnarounds, mergers, acquisitions, and investments.

Product Definition:

Polyurethane is a polymer comprising organic units linked by urethane linkages. Based on the quantity of cross-linking and the addition of other additives, the plastic material can range from soft and flexible to extremely stiff and unyielding. Its density ranges from low-density foam to high-density and is usually stiff with excellent tensile strength and wear and tear resistance. It can also handle substances such as alkalis, acids, oils and solvents.

Market Drivers:

Owing to the plastic material's properties like versatility, durability, etc., it is extensively employed in a broad range of industries like making Polyurethane materials which are further employed in making products such as sealants, insulation, adhesives, and coatings that find application in the construction industry propelling the market demand.

Furthermore, it finds applications in the automobile sector for applications like interior trim, seating, and sound insulation, boosting the market growth. Also, as it has properties like being soft and durable, it is used to make bedding, furniture, and mattresses which will further the market expansion. Hence, as the rise in demand for these products occurs, the demand for Polyurethane foam will also increase, simultaneously creating opportunities and sales for key market players.

Looking for an exhaustive and personalised report that could significantly substantiate your business?

Although Procurement Resource leaves no page unfurled in terms of the rigorous research for the commodities that make the heftiest base of your business, we incline more towards tailoring the reports per your specificities. All you need is one-to-one consulting with our seasoned consultants to comprehend the prime parameters you are looking to pin your research on.

Some of the common requests we receive from our clients include:

  • Adapting the report to the country/region where you intend to establish your plant.
  • Adjusting the manufacturing capacity of the plant according to your needs.
  • Customizing machinery suppliers and costs to meet your requirements.
  • Providing additional information to the existing scope based on your needs.

Read Also - 

About Us:

Procurement Resource ensures that our clients remain at the vanguard of their industries by providing actionable procurement intelligence with the help of our expert analysts, researchers, and domain experts. Our team of highly seasoned analysts undertakes extensive research to provide our customers with the latest and up-to-date market reports, cost models, price analysis, benchmarking, and category insights, which aid in simplifying the procurement process for our clientele.

Procurement Resource work with a diverse range of procurement teams across industries to get real-time data and insights that can be effectively implemented by our customers. As a team of experts, we also track the prices and manufacturing costs of an extensive range of goods and commodities, thus, providing you with updated and reliable data.

We, at Procurement Resource, with the help of the latest and cutting-edge techniques in the industry, help our clients understand the supply chain, procurement, and industry climate so that they can form strategies that ensure their optimum growth.

Contact Us:

Company Name: Procurement Resource
Contact Person: Amanda Williams
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

 The latest report titled “Polyacrylonitrile (PAN) manufacturing” by Procurement Resource, a global procurement research and consulting firm, provides an in-depth cost analysis of the manufacturing process of Polyacrylonitrile (PAN).

Procurement Resource study is based on the latest prices and other economic data available. It also offers additional analysis of the report with detailed breakdown of all cost components (capital investment details, manufacturing cost details, economics for another plant location, dynamic cost model). In addition, the report incorporates the manufacturing process with detailed process and material flow, capital investment, operating costs along with financial expenses and depreciation charges.

Request For Free Sample: https://procurementresource.com/production-cost-report-store/pan/request-sample

Procurement Resource’s detailed report describes the stepwise consumption of material and utilities along with a detailed process flow diagram. Furthermore, the study assesses the latest developments within the industry, including Polyacrylonitrile (PAN) manufacturing process, that might influence Polyacrylonitrile (PAN) manufacturing cost, looking into capacity expansions, plant turnarounds, mergers, acquisitions, and investments.

Product Definition:

Polyacrylonitrile or PAN (C3H3N)n is a hard, rigid thermoplastic material and synthetic resin made via acrylonitrile polymerization. It is a semicrystalline organic polymer which is an important member of the acrylic resin family. It exhibits good resistance towards most chemicals, solvents and degradation caused by ultraviolet rays and breakage. They are soft, comfortable, and offer thermal insulation. It is insoluble in water and degrades upon boiling. It has a density of 1,184 g/cm³.

Market Drivers:

Polyacrylonitrile (PAN) is extensively employed in several industrial applications; the majority of PAN produced are as copolymers obtained by combining acrylonitrile with other monomers such as vinyl esters (methyl acrylate, methyl methacrylate and vinyl acetate) for textile applications; vinylpyrrolidone, acrylamide, and itaconic acid for carbon fibre applications; as well as vinylidene chloride and vinyl chloride in anti-flame modacrylic fibres.

Owing to the great thermal stability, low density, elasticity modulus, non-melting and chemical resistance of the product, it is considered a crucial polymer used in the textile and high technology industry. Also, it finds application in producing carbon fibre and in other end-user applications such as cement reinforcement fibres, anti-flame fibres, filtration membranes, awning fabrics and out-door applications, oxidized PAN fibres for thermal and acoustic insulation as well as producing felts for hot air filtration.

Looking for an exhaustive and personalised report that could significantly substantiate your business?

Although Procurement Resource leaves no page unfurled in terms of the rigorous research for the commodities that make the heftiest base of your business, we incline more towards tailoring the reports per your specificities. All you need is one-to-one consulting with our seasoned consultants to comprehend the prime parameters you are looking to pin your research on.

Some of the common requests we receive from our clients include:

  • Adapting the report to the country/region where you intend to establish your plant.
  • Adjusting the manufacturing capacity of the plant according to your needs.
  • Customizing machinery suppliers and costs to meet your requirements.
  • Providing additional information to the existing scope based on your needs.

About Us:

Procurement Resource ensures that our clients remain at the vanguard of their industries by providing actionable procurement intelligence with the help of our expert analysts, researchers, and domain experts. Our team of highly seasoned analysts undertakes extensive research to provide our customers with the latest and up-to-date market reports, cost models, price analysis, benchmarking, and category insights, which aid in simplifying the procurement process for our clientele.

Procurement Resource work with a diverse range of procurement teams across industries to get real-time data and insights that can be effectively implemented by our customers. As a team of experts, we also track the prices and manufacturing costs of an extensive range of goods and commodities, thus, providing you with updated and reliable data.

We, at Procurement Resource, with the help of the latest and cutting-edge techniques in the industry, help our clients understand the supply chain, procurement, and industry climate so that they can form strategies that ensure their optimum growth.

Contact Us:

Company Name: Procurement Resource
Contact Person: Amanda Williams
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
Reference Link - https://takeitcool.com/polyacrylonitrile-pan-manufacturing/

Formalin (Formaldehyde (37%)) (H2CO) is the water-based solution of formaldehyde gas comprising 37% formaldehyde by weight, and the rest is water and other contaminants. It appears to be a clear, colourless liquid and has a strong displeasing, pungent, irritating smell.

Request for Real-Time Formalin Prices: https://procurementresource.com/resource-center/formalin-price-trends/pricerequest

It is a highly reactive compound that is extremely dangerous and hazardous to health. It has a molecular weight of 30.03 g/mol and a density of 1.09 g/cm³.

Key Details About the Formalin 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 Formalin 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 formalin price chart, including India Formalin price, USA Formalin 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 Formalin Price Trend:

Price Trend

Formalin is widely used for a series of industrial and medical applications such as biological specimen preservation in the field of life sciences and research, as a disinfectant, and to produce various products like polymers, adhesives, plastics, resins, and textiles. Furthermore, it is used in the food and pharmaceutical sectors as a sterilising agent that eradicates viruses, bacteria, or microbes. When combined with urea, it makes urea-formaldehyde resin which has wide application in end-user industries like automotive, construction, and packaging. Also, it helps boost the material's strength and durability in the textile industry and serves as a finishing agent which improves the fabric's colour fastness.

Key Players:

  • BASF SE
  • 3M
  • Bayer AG
  • Celanese Corporation
  • DuPont
  • Dynea AS
  • Georgia-Pacific Chemicals
  • Huntsman International LLC
  • Merck KGaA

News & Recent Development

  • 29th May 2023- Collaborators from the University College London, The University of Hong Kong (HKU), and Tsinghua University together created an extremely active and selective catalytic material which converts methane (a greenhouse gas) to formaldehyde with great efficiency.

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 tracks 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

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