In the first two quarters of 2023, the sodium perborate market witnessed varying trends across Asia, Europe, and North America. In Asia, a gradual decline occurred in the first quarter, influenced by the construction sector’s sluggish pace and subdued demand. A brief price increase in April was driven by boric acid and limited supply, but subsequent weakness in cosmetics, agriculture, and detergent industries led to a bearish trend. Europe experienced a stable demand for sodium perborate in the first quarter, aided by disrupted supply chains and lower inventories, while the second quarter faced challenges from a competitive market due to excessive imports. North America saw price stabilization in the first quarter as construction and detergents rebounded, but the second quarter witnessed a significant price decline, primarily attributed to oversupply and weak economic conditions.
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Definition
Sodium perborate is a white, crystalline compound with the chemical formula Na2B2(O2OH)4. It is widely known for its properties as a powerful oxidizing agent and its effectiveness in stain removal and disinfection. Sodium perborate has excellent bleaching properties, making it a common ingredient in laundry detergents and cleaning products. It is also stable, non-flammable, and safe for use in various applications. Sodium perborate releases hydrogen peroxide when dissolved in water, allowing it to act as a potent cleaning and disinfecting agent. Due to its versatility, it is utilized in household cleaning, pharmaceutical formulations, and as an oxygen source in some chemical processes.
Key Details About the Sodium perborate 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 Sodium perborate 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 Sodium perborate Price chart, including India Sodium perborate price, USA Sodium perborate 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 Sodium perborate Price Trend:
Sodium perborate plays a crucial role in various industrial applications owing to its potent oxidizing and disinfecting properties. It is prominently used in laundry detergents, where it acts as a powerful bleach and stain remover. In the cleaning industry, sodium perborate finds application in various cleaning products and formulations, effectively eliminating stubborn stains and disinfecting surfaces. It is also utilized in the pharmaceutical sector for its disinfectant properties, contributing to wound care products and medical sterilization. Furthermore, in the cosmetic industry, it serves as a teeth-whitening agent. Its stability and versatility make sodium perborate an indispensable component in numerous industrial processes, especially in the laundry and cleaning sectors.
Key Players:
- Solvay AG
- Evonik Industries AG
- OCI Peroxygens LLC
- HOGYE HOLDING GROUP CORPORATION LIMITED
- JINKE Chemical Limited
- Wuxi Wanma Chemical Co Ltd
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