Propane-1,2-diol Price, Historical Charts, Forecasts & News

Product Name - Propane-1,2-diol
HS Code - 290532
Chemical Formula - C3H8O2
Synonyms - Propylene glycol
Currency - US$ (Data can also be provided in local currency)
Supplier Database Availability - Yes
Customization Scope - Our services can be customized as per the requirements of the customer
Post-Sale Analyst Support - 360-degree analyst support after service delivery

Region/Countries for which Data is available

Asia Pacific: China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Iran, Thailand, South Korea, Iraq, Saudi Arabia, Malaysia, Nepal, Taiwan, Sri Lanka, UAE, Israel, Hongkong, Singapore, Oman, Kuwait, Qatar, Australia, and New Zealand

Europe: Germany, France, United Kingdom, Italy, Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal and Greece

North America: United States and Canada

Latin America: Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru

Africa: South Africa, Nigeria, Egypt, Algeria, Morocco

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Propane-1,2-diol is referred to as propane glycol. It is colorless, hygroscopic, and a viscous liquid. It comprises two alcohol groups which are classed as a diol. The texture of the compound is syrupy and oils.

The chemical formula of propane glycol is CH₃CHCH₂OH. This chemical compound is miscible in various solvents like acetone, chloroform, and water. It melts at -59 °C which means it has a low melting point. It helps in preserving moisture and easily helps in dissolving flavors and colors.

Propane-1,2-diol is nearly an odorless compound but possesses a slightly sweet taste. It plays a very essential role in Escherichia coli metabolite and human metabolite. It is also employed as an emulsifying agent. In the manufacturing of the drug industry, it is utilised as a solvent.

The Asia Pacific accounts for the world's largest producer of propane glycol across the globe and has the highest market revenue and it is followed by North America.

Key Details About the Propane-1,2-diol 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 Propane-1,2-diol 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.

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The Propane-1,2-diol 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 Propane-1,2-diol Price Trend:

Industrial uses impacting the Propane-1,2-diol price trend primarily include food and beverages, pharmaceuticals, personal care, cosmetics, paints, and coatings, the textile industry, construction, and buildings.

Key Market Players:

The Dow Chemical Company
LyondellBasell Industries N.V.
BASF SE
Archer Daniels Midland Company
Global Bio-chem Technology Group Co., Ltd
DuPont Tate
Lyle Bio Products

News and Events:

March 28, 2022: Different and new advances are employed in the field of biotechnology for the specialty compounds like lactic acid, propane glycol, citric acid, and certain amino acids by the process of fermentation. These techniques provide conservation of energy and low-cost mixed substrates.

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Bio-Propanediol Price Trend - https://www.procurementresource.com/resource-center/bio-propanediol-price-trends

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