Salicylaldehyde is notably employed in diverse sectors encompassing fragrance, flavor, and chemical industries. Its pricing hinges primarily on downstream requirements from these sectors, alongside feedstock prices such as Phenol and Chloroform. Throughout H1 2023, Salicylaldehyde prices paralleled feedstock fluctuations.
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The Asian market experienced low demand and high inventories, yielding a fluctuating yet descending price trajectory. The American and European markets depicted mixed trends due to variables like transport expenses and supply chains, with a notable influence from Asian imports resulting in a wavering but generally low-price pattern.
Definition
Salicylaldehyde is an aromatic compound with the chemical formula C7H6O2. It is a colorless to pale yellow liquid with a distinct odor. Primarily used in industries such as flavors, fragrances, and chemicals, it lends its unique aroma to various products. It is also utilized as a precursor in the synthesis of other chemicals.
Key Details About the Salicylaldehyde 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 Salicylaldehyde 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 Salicylaldehyde Price chart, including India Salicylaldehyde price, USA Salicylaldehyde 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 Salicylaldehyde Price Trend:
Salicylaldehyde plays crucial roles in several industries. It is a fundamental ingredient in flavor and fragrance formulations, adding distinct aromatic characteristics. Additionally, it finds application as an intermediate in chemical synthesis, contributing to the production of pharmaceuticals, dyes, and agrochemicals, showcasing its versatility across industrial processes.
Key Players:
- Guannan East Chemical Co., Ltd
- Hubei Xiansheng Biotechnology Co., Ltd
- Lianyungang Hengshun Chemical Co., Ltd
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