The price trend of diethyl sulfate in the Asia-Pacific region during the first and second quarters of 2023 was largely influenced by the bearish feedstock market of ethylene and sulfuric acid. Diminished demand from downstream industries, particularly the struggling fertilizers sector, contributed to the declining trend. Similarly, in Europe, while ethylene performed better initially, both feedstocks saw a slump in the second quarter due to falling consumption rates and increasing inventories. North America experienced mixed sentiments, with an initial decline and subsequent recovery driven by demand. However, swinging economic conditions negatively affected feedstock costs, leading to a decline in the diethyl sulfate price trend.
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Definition
Diethyl sulfate is a chemical compound composed of potassium, chlorine, and oxygen (KClO3). It is a powerful oxidizing agent commonly used in various industrial applications, such as pyrotechnics, matches, and chemical synthesis. It forms white, crystalline solid crystals and is highly soluble in water. Due to its oxidizing properties, it can support combustion and release oxygen when heated. However, it is sensitive to shock, friction, and heat and can be hazardous if mishandled.
Key Details About the Diethyl Sulfate 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 Diethyl Sulfate 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 Diethyl Sulfate Price chart, including India Diethyl Sulfate price, USA Diethyl Sulfate 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 Diethyl Sulfate Price Trend:
Diethyl sulfate finds diverse industrial applications due to its chemical reactivity and versatility. It is commonly used as an alkylating agent in organic synthesis, enabling the introduction of ethyl groups into various compounds. This property makes it valuable in pharmaceutical and agrochemical production. It is also utilized in the manufacturing of dyes, perfumes, and other fragrance compounds. Diethyl sulfate plays a role in the creation of surfactants, detergents, and other specialty chemicals. Additionally, it has applications in the production of ion-exchange resins and as an electrolyte in lithium-ion batteries. Its reactivity and ability to modify molecular structures make it a valuable component in chemical processes across different industries.
Key Players:
- The Dharamsi Moraji Chemical Company Ltd
- Union Carbide Corporation
- Coyne Chemical
- The Dow Chemical Company
- Jarchem Industries Inc
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