Definition:
Betaine is a naturally occurring compound found in various foods and organisms. It is known for its versatile applications in industries such as cosmetics, pharmaceuticals, and plastics, as well as its potential health benefits for metabolism and other issues.
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Key Details About the Betaine Price Trend:
Betaine prices in H1 2023 mirrored fluctuations in feedstock sugar beet and bioethanol prices. The market saw sustained growth due to increased demand from downstream industries, fueled by rising bioethanol prices and heightened awareness of the clean beauty and nutritional benefits of betaine in Northern America and Europe. The versatile applications of betaine across various sectors, including plastics, polymers, pharma, and cosmetics, contributed to its escalating consumption.
Industrial Uses Impacting the Betaine Price Trend:
Betaine finds wide-ranging industrial applications, including its use in plastics, detergents, cosmetics, paints, coatings, Wittig reactions, and polymerase chain reactions. Its versatility and effectiveness in these diverse sectors make it a valuable compound with multiple functional roles.
Key Players:
- BASF SE
- Dow
- Evonik
- Industries AG
- Solvay
- Kao Corporation
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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.
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.
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