Bis (Chloromethyl) Biphenyl, a significant chemical intermediate, is produced using benzene, biphenyl, and chloromethane. Its price trends closely follow that of feedstock materials. During the discussed period, the market experienced mixed price sentiments, mostly leaning towards lower prices. Temporary increases were noted in the first quarter due to Chinese factory recovery after lockdowns and supply chain disruptions. However, reduced downstream demand and the global inflation-driven cost of living crisis contributed to sustained low prices.
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Definition
Bis (Chloromethyl) Biphenyl is a vital chemical intermediate used in diverse industries. Derived from benzene, biphenyl, and chloromethane, it plays a key role in producing complex compounds in pharmaceuticals, agrochemicals, plastics, and dyes. It enhances drug efficacy, improves pesticide formulations, strengthens specialty plastics, and imparts vibrant colors to various products. Its versatility and significance make it an essential raw material in the chemical sector, contributing to numerous aspects of modern life.
Key Details About the Bis (Chloromethyl) Biphenyl 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 Bis (Chloromethyl) Biphenyl 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 Bis (Chloromethyl) Biphenyl Price chart, including India Bis (Chloromethyl) Biphenyl price, USA Bis (Chloromethyl) Biphenyl 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 Bis (Chloromethyl) Biphenyl Price Trend:
Bis (Chloromethyl) Biphenyl serves as a crucial chemical intermediate with key applications in various industries. It plays a significant role in pharmaceuticals by acting as a building block for the synthesis of active pharmaceutical ingredients (APIs). Additionally, it is utilized in agrochemicals to enhance the effectiveness of pesticides and herbicides. In the plastics industry, it acts as a crosslinking agent, improving the mechanical and thermal properties of specialty plastics. Moreover, it finds use in the production of dyes, imparting vibrant colors to textiles, paints, and coatings.
Key Players:
- BioCrick BioTech
- Schultz Canada Chemicals Ltd.
- Toronto Research Chemicals
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