Isobutyraldehyde exhibited fluctuating price trends in the first half of 2023. Initially, a surge in demand followed the lifting of COVID restrictions in the Chinese market, leading to price increases in January. However, a decline occurred in February due to excess supplies and the Chinese Lunar New Year Holidays, resulting in overall market fluctuations from a strong start to a predominantly low phase during this period.
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Definition
Isobutyraldehyde, also known as isobutanal, is a chemical compound with the formula (CH3)2CHCHO. It is a colorless, flammable liquid with a pungent odor. Isobutyraldehyde is used primarily as an intermediate in the synthesis of various chemicals and pharmaceuticals. It serves as a building block in organic chemistry and plays a crucial role in the production of plastics, resins, and fragrances.
Key Details About the Isobutyraldehyde 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 Isobutyraldehyde 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 Isobutyraldehyde Price chart, including India Isobutyraldehyde price, USA Isobutyraldehyde 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 Isobutyraldehyde Price Trend:
Isobutyraldehyde has several key industrial applications, primarily as a versatile intermediate chemical. It is widely used in the production of synthetic rubber, plastics, and resins. Additionally, it plays a crucial role in the manufacture of various fragrances and flavors for the cosmetic and food industries. Its utility extends to pharmaceuticals, where it serves as a building block in the synthesis of active pharmaceutical ingredients.
Key Players:
- Eastman Chemical Co.
- TCI America
- BASF
- Mitsubishi Chemical Corporation
- MilliporeSigma
- Pharmaffiliates
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