Price Trends of Acetaldehyde in its Latest Insights and Dashboard"
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Acetaldehyde is a gaseous chemical compound or transparent organic liquid. At boiling temperature, it easily burns. It has a strong fruity odour. In addition to being naturally occurring, acetaldehyde can also be produced industrially and is found in bread, coffee, cigarette smoke, diesel exhaust, vegetables, gasoline plants, and ripe fruits.
Due to its numerous uses, acetaldehyde is produced in large amounts in industrial settings every year. Industrial production of it involves using the liver enzyme alcohol dehydrogenase to partially oxidise ethanol.
China, Germany, Sweden, the United States, and France are top producers of acetaldehyde.
Key Details About the Acetaldehyde 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 Acetaldehyde 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 Acetaldehyde 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 Acetaldehyde Price Trend:
Acetaldehyde is extensively utilised in the production of polyester, antiseptics, perfumes, resins, pharmaceuticals, acetic acid, dyes, and other goods.
It is also used as a bridge in the synthesis of other chemicals.
Additionally, the tanning, rubber, and paper also employ acetaldehyde as a solvent. It is also used to denaturise alcohol, as a fish and fruit preservative, in fuel formulations, and to harden gelatin. These industrial uses have an effect on the price trend for acetaldehyde.
Key Market Players:
- Merck KGaA
- Jubilant Life Sciences
- LCY Chemical
News and Events:
- August 18, 2022: Producer of ethanol Andersons Marathon is required to pay a fine of USD 1.7 million for many Clean Air Act violations. The fine includes four ethanol plants that are situated in Indiana, Ohio, Louisiana, and Michigan. Because it produced more hazardous chemicals than was allowed, including acetaldehyde, methanol, toluene, ammonia, benzene, n-Hexane, formic acid, formaldehyde, acrolein, and ethylbenzene, the company was subject to the fine.
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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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