Propylene Oxide Price Trend Analysis, Historical Chart and Forecast
Propylene Oxide (C3H6O) is a flammable chemical compound that comprises three carbon, six hydrogen, and one oxygen atom. Propylene Oxide is a volatile colourless liquid with a sweetish odor, like that of ether. It is an acutely toxic chemical commercially synthesized by reacting propylene with chlorine in water. It is then followed by dehydrochlorination of propylene chlorohydrin to obtain Propylene Oxide as the end-product.
Its melting and boiling points are measured around -111.9° C and 35° C, respectively. The compound contains an asymmetrical carbon atom, making it a reactive compound that readily allows the formation of other chemical compounds. It has wide-scale applications throughout the commercial market and is mainly associated with the polymers and chemical manufacturing industries.
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The key importing countries that import Propylene Oxide are India, the Netherlands, and Germany. On the other hand, the key exporting countries include Germany, Belgium, and the Netherlands.
Key Details About the Propylene Oxide 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 Propylene Oxide 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 Propylene Oxide Price Trend, including India Propylene Oxide price, USA Propylene Oxide 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 Propylene Oxide Price Trend:
Propylene Oxide is a volatile chemical with several applications, mainly associated with the chemical and polymer manufacturing industries. It is used as an ingredient in the synthesis of various chemical compounds that are prepared on a commercial scale.
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It enables the production of chemicals such as synthetic glycerine, propylene glycol ether, polypropylene glycol, polyether polyols, propylene glycol, and more. It is a reactive chemical that can form new compounds with several chemicals. It reacts with ammonia to form alcohol amine, with hydrogen halide and produces halogenated alcohol and hydrogen sulfide to form mercaptan and more.
Additionally, polyethylene oxide is utilized to manufacture detergents, thickeners, agrochemicals, papermaking, ceramics, water treatment, printing inks, coatings, adhesives, and more.
Key Players:
- The Dow Chemical Company
- BASF SE
- Huntsman Corporation
- Sumitomo Chemical Co., Ltd.
- LyondellBasell Industries Holdings B.V.
- Royal Dutch Shell Plc.
News & Recent Development
- Date: November 30, 2022- A flat line marked in the Europe market consumption of Propylene Oxide (PO) and its derivative compounds because of shifting consumers pattern, economic depression, and high energy costs.
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