Carbitol pricing patterns vary among areas in Q1 and Q2 2023. Due to a slowdown in the pharmaceutical industry, an oversupply of supply, and changes in trade, there were variations in Asia. Cost-cutting, excess production, and decreased consumption had a negative influence on Europe, with the exception of a brief recovery in Q2 brought on by higher upstream prices. In Q1, North America’s prices were steady thanks to a balanced supply-demand situation and high-cost feedstock uptake. The conclusion of Q2, however, saw a dip as a result of soaring stockpiles and weaker consumer demand. The overall impact of sector-specific factors, supply dynamics, and consumer behavior on Carbitol pricing was illustrated by these geographical trends.
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Definition
Carbitol, also known as diethylene glycol monoethyl ether, is a clear, colorless liquid solvent with a mild odor. It is widely used in various industrial applications, including paints, coatings, inks, and cleaning agents, due to its ability to dissolve a range of substances. Carbitol exhibits good solvency, low volatility, and is hygroscopic, meaning it absorbs moisture from the air. It also serves as a coupling agent, aiding in the mixing of different substances. However, it’s essential to handle it with care due to its potential health risks.
Key Details About the Carbitol 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 Carbitol 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 Carbitol Price chart, including India Carbitol price, USA Carbitol 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 Carbitol Price Trend:
Carbitol, or diethylene glycol monoethyl ether, serves as a versatile industrial compound with numerous applications. Its solvency and low volatility make it a favored ingredient in paints, coatings, and inks, aiding pigment dispersion and formulation stability. Its role in cleaning agents enhances their efficiency by dissolving oils and soils. Carbitol’s coupling properties find use in various industries, including textiles and dyes, where it assists in mixing different components. Moreover, it acts as a carrier solvent in personal care products, ensuring uniform distribution of ingredients. Despite its industrial significance, precautions must be taken due to its potential health and toxicity concerns.
Key Players:
- The Dow Chemical Company
- Eastman Chemical Company
- Gattefosse
- Maroon Group
- BASF SE
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