3-Hydroxypropanoic Acid Prices: Latest Price, Pricing, News, Market Analysis, Historical and Forecast, Database, Chart

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3-Hyroxypropanoic Acid is a carboxylic acid with the third carbon attached to the hydroxyl group. It is soluble in water, ethanol, as well as diethyl ether and acts as an essential intermediate to make chemicals like acrylates that are economically viable.

It is naturally available in pathogens and aloe vera such as Phomopsis phaseoli and is a crucial human metabolite. It can be manufactured from renewable resources directly or with the help of another biobased chemical.

The leading 3-Hydroxypropanoic Acid producers worldwide are China, India, and Japan.

Key Details About the 3-Hydroxypropanoic Acid 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 3-Hydroxypropanoic Acid 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 3-Hydroxypropanoic Acid price chart, pricing database, and analysis can prove valuable for the 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 3-Hydroxypropanoic Acid Price Trend:

The industrial uses such as being used as a precursor for several valuable chemical production example, acrylic acid and bioplastics, is impacting the 3-Hydroxypropanoic Acid price trend.

Key Market Players:

• Hangzhou Dayang Chemical
• Shandong Fine Chemical
• Apollo Scientific
• Cargill Inc
• BASF SE
• Novozymes
• Chongqing Jiezhou Chemical

News and Events:

• November 29, 2021 - Acrylic Acid's Sustainable Production by using 3-Hydroxypropionic Acid from Lignocellulosic Biomass - 3-Hydroxypropionic acid (3-HP) was recognised by the U.S. Department of Energy as a great bio-based platform chemical that has great prospect in commercial applications. It can be used in chemicals that are commercially important like acrylic acid, ethyl 3-HP, propiolactone, methyl acrylate, 1,3-propanediol, malonic acid, acrylonitrile, and acrylamide.

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