Paraffin Wax Prices Today, Price Chart and Forecast Analysis | Procurement Resource

 In Asia, the paraffin wax market underwent fluctuations driven by varying crude oil prices and reduced consumer demand, particularly affected by economic uncertainties in China. After the lunar new year and amidst COVID-related restrictions, production rates were initially low, impacting the market. A temporary price increase in Q2 was spurred by higher crude oil costs and a revival in the cosmetic industry. However, this was short-lived as inflation, decreased consumer spending, and subdued demand led to a reversal of this upward trend.

In Europe, paraffin wax prices experienced a decline across Q1 and Q2 due to diminished demand, disruptions in the supply chain caused by labor strikes, and economic indicators signaling a potential recession.

Meanwhile, North America witnessed a decrease in paraffin wax prices owing to weak industry demand, increased imports from Asia, and uncertainties surrounding crude oil.

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Definition

Paraffin wax exhibits notable properties, such as being a colorless or white solid at room temperature that easily melts at low heat. It boasts a high crystalline structure, making it ideal for use in candles and as a solidifier in various products. Paraffin wax is an excellent insulator, with minimal reactivity and chemical inertness. Its malleability, low thermal conductivity, and moisture resistance contribute to applications in packaging, cosmetics, rubber, and coatings. However, concerns regarding its biodegradability and sustainability have prompted exploration of alternative materials in certain applications.

Key Details About the Paraffin Wax 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 Paraffin Wax 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 Paraffin Wax Price analysis, including India Paraffin Wax price, USA Paraffin Wax 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 Paraffin Wax Price Trend:

Paraffin wax boasts a multitude of industrial uses thanks to its adaptable nature. In the candle-making realm, it's a top choice due to its affordability, easy shaping, and clean-burning qualities. In packaging, it shields fruits, cheeses, and candies, prolonging their shelf life and elevating their appearance. Within cosmetics and spa treatments, it provides skin with softening and moisturizing advantages. Pharmaceutical applications include pill coatings that aid in swallowing. Moreover, it plays a role in rubber production, enhancing both processing and final product attributes. Its resistance to water makes it ideal for paper coatings, while its electrical insulating capabilities cater to diverse industries.

Key Players:

• China Petrochemical Corporation
• Sasol Limited
• Petro Bras
• Nippon Seiro Co Ltd
• Repsol
• Honeywell International Inc
• Ergon Inc

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 chains, and industry trends so that they can build strategies to achieve maximum 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

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Acetamide Prices, Trends & Forecasts | Provided by Procurement Resource

 Acetamide production, reliant on acetic acid and ammonia, witnesses price trends closely tied to its raw materials. Versatile applications across industries dictate Acetamide market dynamics. In the initial two quarters of 2023, the Chinese market's subdued economic recovery hampered manufacturing, resulting in below-par Acetamide demand and consistently lower prices. In contrast, Europe experienced relatively stable Acetamide markets, benefiting from restored supply chains, increased offshore trading, and improved supply-demand dynamics. Overall, the Acetamide market displayed fluctuating trends during this period.

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Definition

Acetamide is an organic compound represented by the chemical formula CH3CONH2. A white crystalline solid, it is synthesized through the reaction of acetic acid and ammonia. With versatile applications, acetamide serves as a key chemical intermediate in the production of pharmaceuticals, plastics, and various industrial chemicals, contributing to diverse industrial processes.

Key Details About the Acetamide 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 Acetamide 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 Acetamide Price Trends, including India Acetamide price, USA Acetamide 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 Acetamide Price Trend:

Acetamide plays pivotal roles in several industrial applications. As a vital chemical intermediate, it is extensively utilized in the pharmaceutical industry for drug synthesis. Additionally, acetamide is employed in plastics manufacturing, contributing to the production of polymeric materials. Its versatility extends to various chemical processes, making it integral in diverse industrial applications.

Key Players:

• DuPont
• Solvay SA
• The Lubrizol Corporation
• Vantage Specialty Chemicals
• Shanghai Time Chemicals CO., Ltd.
• Henan Tianfu Chemical Co.,Ltd
• ALB Technology Limited
• Indenta Chemicals

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: 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

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Silver nitrate Prices, Trends & Forecasts | Provided by Procurement Resource

 Silver nitrate finds diverse industrial uses due to its light-sensitive and antibacterial properties. It plays a vital role in generating images for photographic films and sheets. In the pharmaceutical sector, it is a key component in wound care products owing to its antibacterial qualities. Additionally, silver nitrate is utilized in the production of electrical conductors made of silver, essential in the renewable energy sector. The industrial production of silver nitrate relies on silver and nitric acid as feedstock materials, which influence its price trend. Market fluctuations occurred in the first half of 2023, with the US economy's weakness impacting silver prices. However, increased demand during festive seasons and growing usage in solar panels, renewable energy sources, and 5G services in the Asia Pacific region have contributed to the market's upward momentum.

Request for Real-Time Silver nitrate Prices: https://www.procurementresource.com/resource-center/silver-nitrate-price-trends/pricerequest

Definition

Silver nitrate (AgNO3) is a chemical compound known for its unique properties. It exists as a colorless, odorless crystalline solid that is highly soluble in water. One of its distinctive characteristics is its sensitivity to light, which makes it essential in photography and film production, where it is used to create images. Its antimicrobial properties have led to its application in wound care products and as a topical antiseptic. In the field of electronics, silver nitrate is employed to manufacture electrical conductors made of silver, which are widely used in the renewable energy sector. Its versatile properties contribute to its significant role in various industrial and medical applications.

Key Details About the Silver nitrate 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 Silver nitrate 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 Silver nitrate Price Trends, including India Silver nitrate price, USA Silver nitrate 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 Silver nitrate Price Trend:

Silver nitrate (AgNO3) serves diverse industrial purposes owing to its unique properties. It is highly light-sensitive, making it valuable in photography for creating images on photographic films and sheets. Its antibacterial qualities find application in pharmaceuticals, where it is used in wound care products and as a topical antiseptic. In the electronics industry, silver nitrate is crucial for producing electrical conductors made of silver, which are extensively used in renewable energy systems. Moreover, it is employed in the manufacturing of mirrors, as a catalyst in chemical reactions, and in the silvering of glass. Its versatility and special properties make it an indispensable component in various industrial processes.

Key Players:

• Ames Goldsmith Corporation
• S D FINE CHEM LIMITED
• Spectrum Chemical Manufacturing Corp
• Tongling Nonferrous Metals Group Holdings Co Ltd
• Chengzhou Jingui Silver Industry Co Ltd
• K Chemical Industries Pvt Ltd
• EMD Milipore Corporation

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 chains, and industry trends so that they can build strategies to achieve maximum 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

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Zinc Phosphate Prices, Trends & Forecasts | Provided by Procurement Resource

 In the first quarter of 2023, the Asia Pacific region witnessed a surge in zinc phosphate prices due to robust demand, steady supply, and increased imports. However, this positive trend was short-lived, waning in the latter part of the first quarter and continuing into the second quarter.

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Expanded production capacities led to oversupply, contributing to ongoing price declines. In Europe, geopolitical disruptions related to the Russia-Ukraine crisis created challenges throughout the first quarter, resulting in a significant and gradual decline in zinc phosphate prices that extended into the second quarter.

Meanwhile, North America experienced gradual price declines in the first quarter due to low demand and diminishing market confidence. The second quarter saw declining demand from the automobile and construction industries, with a weakening economy further eroding buyer confidence, intensifying the drop in zinc phosphate prices.

Definition

Zinc phosphate is a chemical compound with the formula Zn3(PO4)2. It is a white, crystalline powder that is insoluble in water but can dissolve in acids. Zinc phosphate is widely used as a corrosion inhibitor and rust converter in various coatings, particularly in the automotive and construction industries. Its chemical properties include excellent adhesion to metal surfaces, providing a protective barrier against corrosion. This compound can also act as a pigment in paints, imparting anti-corrosive properties to the coatings. Additionally, zinc phosphate serves as a bonding agent in dental cements and plays a role in the synthesis of various chemicals.

Key Details About the Zinc phosphate 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 Zinc phosphate 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 Zinc phosphate Price Trends, including India Zinc phosphate price, USA Zinc phosphate 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 Zinc phosphate Price Trend:

Zinc phosphate finds a multitude of industrial applications owing to its excellent anti-corrosive properties and versatile nature. One of its primary uses is in the coatings industry, where it is employed as a corrosion inhibitor and rust converter. Zinc phosphate coatings are extensively used in the automotive and construction sectors to protect metal surfaces from corrosion and enhance their longevity.

It also acts as a pigment in paints, contributing to both the anti-corrosive properties and the coloration of the coatings. Furthermore, zinc phosphate is utilized as a bonding agent in dental cements for dental applications. In the chemical industry, it plays a role in the synthesis of various chemicals. These wide-ranging industrial uses highlight the significance of zinc phosphate in corrosion protection and other applications across different sectors.

Key Players:

• Henkel Corporation
• Chem Processing Inc
• ALFA Chemicals Ltd
• Haward Corporation
• WPC Technology
• Hanchang Industries
• Xinsheng Chemical

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 chains, and industry trends so that they can build strategies to achieve maximum 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

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Silicon Carbide Prices, Trends & Forecasts | Provided by Procurement Resource

 The silicon carbide market in 2023 exhibited diverse price trends across key global regions. In Asia, the first quarter saw price increases driven by sustained demand, particularly from the pharmaceutical sector, and external factors like cultural events and geopolitical tensions. However, the second quarter brought a sharp decline, primarily due to reduced purchasing activities and a contracting manufacturing sector.

Request for Real-Time Silicon Carbide Prices: https://www.procurementresource.com/resource-center/silicon-carbide-price-trends/pricerequest

In Europe, the first quarter witnessed initial price surges resulting from high input costs and inflation, but the second quarter witnessed a significant decline in silicon carbide prices, driven by reduced manufacturing activity, lower consumer sector demand, and rising inventories, creating pressure on trading activities.

North America experienced an upturn in silicon carbide prices in the first quarter due to rising raw material costs and strong domestic demand, but the second quarter saw a price decline influenced by downturns in both domestic and international supply and demand, along with global economic challenges impacting energy costs. These region-specific trends highlighted the intricate interplay of market dynamics and external factors shaping the silicon carbide price trajectory.

Definition

Silicon carbide (SiC) boasts a range of remarkable chemical properties that contribute to its versatile industrial applications. As a compound of silicon and carbon, SiC is exceptionally hard, with a structure similar to that of diamond. This property makes it a valuable abrasive material in various applications, including grinding, cutting, and polishing. SiC is highly refractory and can withstand extremely high temperatures, making it ideal for use in high-temperature environments, such as refractories in industrial furnaces. Its chemical inertness and resistance to corrosion render it suitable for aggressive chemical applications and as a component in high-temperature materials like crucibles and thermocouple protection tubes.

Key Details About the Silicon Carbide 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 Silicon Carbide 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 Silicon Carbide Price Trends, including India Silicon Carbide price, USA Silicon Carbide 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 Silicon Carbide Price Trend:

Silicon carbide (SiC) is a versatile material with a wide range of industrial uses. Due to its exceptional hardness and abrasive properties, SiC is commonly employed as an abrasive material in grinding wheels, sandpapers, and abrasive powders, making it vital in metalworking, woodworking, and precision grinding. Its high thermal conductivity and ability to withstand high temperatures have made it a key material in the electronics and semiconductor industries, where SiC is used in power electronic devices, aiding in efficient heat management. In the steel industry, silicon carbide serves as a reducing agent in the production of iron and steel, enhancing the quality of metals and alloys. Moreover, SiC's chemical inertness and resistance to corrosion allow its use in aggressive chemical environments, including water and wastewater treatment.

Key Players:

• ALLEGRO MICROSYSTEMS INC
• Infineon Technologies AG
• ROHM Co Ltd
• STMicroelectronics N.V.
• ON SEMICONDUCTOR CORPORATION
• WOLFSPEED INC
• Mitsubishi Electric Corporation
• FUJI ELECTRIC CO LTD

News and recent development:

• Onsemi has announced that its cutting-edge, biggest silicon carbide facility in the world is now fully operational in South Korea. When operating at maximum efficiency, this fabrication facility can produce over a million 200 mm SiC wafers annually. (Dated: 25 October 2025)

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 chains, and industry trends so that they can build strategies to achieve maximum 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

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Ammonium Chloride Prices, Trends & Forecasts | Provided by Procurement Resource

 Throughout the initial half of 2023, the ammonium chloride market displayed varied trends in different regions. In Asia, despite surplus supplies and sluggish demand, sporadic offtakes from the agricultural sector countered the negative sentiment. Europe experienced fluctuating patterns due to reduced feedstock costs, energy prices, and limited trade. North America paralleled these trends, with declining prices linked to excess supplies, production challenges, and subdued market sentiments. These trends collectively painted a challenging global market landscape for ammonium chloride.

Request for Real-Time Ammonium Chloride Prices: https://www.procurementresource.com/resource-center/ammonium-chloride-price-trends/pricerequest

Definition

Ammonium chloride, with the chemical formula NH₄Cl, is a white crystalline salt commonly used in various industrial, agricultural, and medical applications. It consists of ammonium ions (NH₄⁺) and chloride ions (Cl⁻) and is soluble in water. In industries, it serves as a nitrogen source in fertilizers and plays a role in the production of chemicals and pharmaceuticals. In medicine, it's used as an expectorant to alleviate coughs. Its versatile properties make it valuable across different sectors, from agriculture to manufacturing.

Key Details About the Ammonium Chloride 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 Ammonium Chloride 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 Ammonium Chloride Price Trends, including Ammonium Chloride price, Ammonium Chloride 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 Ammonium Chloride Price Trend:

Ammonium chloride finds crucial application in multiple industries, directly influencing its price. In agriculture, it's used in fertilizers to provide essential nitrogen to crops. The chemical industry employs it in various processes, including metal cleaning, galvanization, and production of textiles, dyes, and resins. Additionally, it serves as a flux in soldering and tinning.

Key Players:

• BASF SE
• Dallas Group of America
• Central Glass Co., Ltd.
• Shandong Everlast AC Chemical Co., Ltd.
• Tuticorin Alkali Chemicals & Fertilizers Ltd.

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 chains, and industry trends so that they can build strategies to achieve maximum 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

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Titanium Tetrachloride Prices, Trends & Forecasts | Provided by Procurement Resource

 In both the first and second quarters of 2023, the price trend of titanium tetrachloride exhibited a persistent downward movement influenced by various factors. In Asia, the subdued activity of downstream industries and energy production cost volatility played a pivotal role in driving prices lower, compounded by consumer hesitancy due to inflation and rising interest rates.

Request for Real-Time Titanium Tetrachloride Prices: https://www.procurementresource.com/resource-center/titanium-tetrachloride-price-trends/pricerequest

In Europe, inflation rates and soaring production costs initially supported price increases, but high inventory levels and weak procurement from downstream sectors, notably construction and automotive, had adverse effects on titanium tetrachloride prices.

North America experienced price volatility, primarily attributed to low demand from end-user industries and limited trading activities, exacerbated by inflationary pressures, increased interest rates, and stringent governmental monetary policies, all collectively contributing to the declining price trend of titanium tetrachloride.

Definition

Titanium tetrachloride is a chemical compound known for its distinctive properties. It is a colorless to pale yellow liquid at room temperature, with a pungent and irritating odor. This compound is highly reactive, particularly with water and air, forming dense white fumes in moist conditions. Titanium tetrachloride is a vital precursor in the production of titanium metal, commonly used in aerospace, medical implants, and various industrial applications. Its reactivity and role as a catalyst make it valuable in the synthesis of organic compounds, including plastics and pharmaceuticals. Additionally, it is crucial in the semiconductor industry for its role in the synthesis of thin films and integrated circuits. Its unique properties and versatility contribute to its significance in various fields.

Key Details About the Titanium tetrachloride 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 Titanium tetrachloride 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 Titanium tetrachloride Price Trends, including India Titanium tetrachloride price, USA Titanium tetrachloride 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 Titanium tetrachloride Price Trend:

Titanium tetrachloride (TiCl4) holds significant importance in various industrial applications due to its versatile properties. One of its primary uses is in the production of titanium metal, a crucial material in aerospace, medical implants, and industrial equipment. TiCl4 acts as a key precursor in the Kroll process, where it reduces titanium ore to produce high-purity titanium metal. Additionally, it plays a pivotal role in the semiconductor industry for the synthesis of thin films and integrated circuits. TiCl4 is utilized as a catalyst in the production of various organic compounds, including plastics and pharmaceuticals. Its reactivity and catalytic properties make it valuable in chemical synthesis processes. The diverse range of applications underscores the industrial significance of titanium tetrachloride.

Key Players:

• Huntsman International LLC
• Dow
• Du Pont Inc
• Kronos Lab Sciences Pvt Ltd
• Tronox Limited
• ISK Industries
• The Kerala Minerals & Metal Ltd
• Merck KgA

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 chains, and industry trends so that they can build strategies to achieve maximum 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

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