2-Propanol Prices, Trend and Forecasts | Provided by Procurement Resource
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2-propanol is an organic compound, which is also called isopropyl alcohol or propan-2-ol, or isopropanol. It is colourless in appearance and has a very strong alcoholic odour. It is flammable derivative alcohol.
It is an isomer of ethyl methyl ether and 1-propanol. It is essential to keep smoke away from heat and open flames since it is denser, heavier, and more explosive than air. Additionally, it is a skin irritant; hence wearing gloves is advised when handling the substance.
Asia Pacific is a major producer of the 2-Propanol market, wherein China and South Korea are the leading countries.
Key Details About the 2-Propanol 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 2-Propanol price 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 2-Propanol price chart, 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 2-Propanol Price Trend:
2-Propanol is extensively used in producing a large variety of manufacturing and domestic chemicals and is also used in disinfectants, detergents, antiseptics, and hand sanitisers.
In addition, 2-propanol is employed as a washing or maintenance liquid for oils, DVDs, electrical contacts, and eyeglasses. It is also used to trigger DNA for extractions.
It is utilised in the paints, coating, and food beverages industries. It is also used as a cleaner as well as for industrial equipment, in flexography, lithography, and in gravure printing, and in the printing industry.
Key Market Players:
- Dow Chemical
- Mistral Industrial Chemicals
- INEOS Corporation
- ReAgent Chemicals Ltd.
- LyondellBasell Industries
- Linde Gas
News and Events:
- September 2022: A new line of catalysts was just announced by BASF. Oxo alcohol catalyst Ni 3354 E from a company offers outstanding selectivity and activity. It is high-performance and of high quality. This catalyst has been investigated and shown to be efficient for the hydrogenation of acetone to create isopropyl alcohol.
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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 track 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.
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