In the first half of 2023, the Pentaerythritol market in Asia experienced mixed price patterns. Increased demand from downstream industries like adhesive, varnish, and construction, following the easing of Covid-19 lockdowns, led to an upward price trend. In contrast, the European market saw declining prices due to necessity-centric consumer sentiments and limited demands in construction and related sectors. The North American market initially faced bearish sentiments but witnessed rising demand as energy and crude oil prices stabilized, leading to an overall price increase by the end of the second quarter.
Request for Real-Time Pentaerythritol Prices: https://www.procurementresource.com/resource-center/pentaerythritol-price-trends/pricerequest
Definition
Pentaerythritol is a white, crystalline powder with chemical formula C5H12O4. It is an organic compound primarily used as a key building block in the production of alkyd resins, which are widely employed in paints, coatings, and varnishes. Additionally, Pentaerythritol finds applications in the manufacturing of explosives, stabilizers for PVC, and as a flame retardant in plastics and textiles.
Key Details About the Pentaerythritol 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 Pentaerythritol 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 Pentaerythritol Price chart, including India Pentaerythritol price, USA Pentaerythritol 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 Pentaerythritol Price Trend:
Pentaerythritol serves essential industrial purposes across multiple sectors. It is a crucial building block in the production of alkyd resins, widely used in paints, coatings, and varnishes, imparting durability, and adhesion properties. Additionally, Pentaerythritol finds applications in explosives manufacturing and acts as a stabilizer for PVC, ensuring its longevity. Its flame-retardant properties make it valuable in plastics and textiles, enhancing fire safety in various industrial applications.
Key Players:
- Mitsui Chemicals Inc
- Celanese Corp
- Perstorp
- Zarja Chemicals
- Ercros SA
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.
Contact Us:
Company Name: Procurement Resource
Contact Person: Christeen Johnson
Email: sales@procurementresource.com
Toll-Free Number: USA & Canada – Phone no: +1 307 363 1045 | UK – Phone no: +44 7537 132103 | Asia-Pacific (APAC) – Phone no: +91 1203185500
Address: 30 North Gould Street, Sheridan, WY 82801, USA
