Phenyl Ethyl Alcohol, derived from Benzene and Ethylene Oxide, echoes feedstock pricing trends. Perfume and flavor industry needs steer market dynamics. Post-COVID, China’s revived market focused on necessities amid inflation, while Europe grappled with soaring living costs.
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Initial Q1 strength from high upstream costs waned due to subdued downstream demand, despite some cost support from benzene. Market sentiments overall were pessimistic.
Definition
Phenyl Ethyl Alcohol is an organic compound with a pleasant floral scent. Also known as 2-phenylethanol, it is commonly used in the fragrance and flavor industries to impart a rosy aroma to various products. It can be synthesized from benzene and ethylene oxide and is valued for its aromatic qualities.
Key Details About the Phenyl Ethyl Alcohol 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 Phenyl Ethyl Alcohol 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 Phenyl Ethyl Alcohol Price chart, including India Phenyl Ethyl Alcohol price, USA Phenyl Ethyl Alcohol 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 Phenyl Ethyl Alcohol Price Trend:
Phenyl Ethyl Alcohol finds primary application in the fragrance and flavor industries. Its delightful floral scent makes it a sought-after ingredient for perfumes, cosmetics, and scented products. Additionally, it contributes to the flavor profiles of various food and beverage items, enhancing their aromatic appeal and overall sensory experience.
Key Players:
- Berjé Inc
- Eternis Fine Chemicals Limited
- LyondellBasell Industries Holdings B.V
- Fleurchem, Inc
- Tokyo Chemical Industry Co., Ltd
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