Sebacic acid Prices, Trends & Forecasts | Provided by Procurement Resource

Sebacic acid is a dicarboxylic acid that appears to be a white crystalline powder. The acid is made using Castor oil or adipic acid and has many uses, such as functioning as a lubricant, plasticiser, and corrosion inhibitor in the manufacturing of polymers, plastics and lubricants.

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In addition, it is typically used as a starting material for making several compounds like sulfonates, sebacates, and esters. It is non-toxic and non-hazardous in nature and is used across various industries for its versatility, stability and low toxicity.

The top exporters of sebacic acid are China, Germany, The United States, India and the Netherlands, while its biggest importers are Italy and Japan.

Key Details About the Sebacic 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 Sebacic 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 Sebacic acid Price chart, including India Sebacic acid price, USA Sebacic acid 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.

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Industrial Uses Impacting Sebacic acid Price Trend:

Sebacic acid is used across many industries because of its properties, mainly in manufacturing different products. The acid is a key raw material used to make nylon 6 and 10 as well as its resins. As the demand for nylon rises across industries like textile, automotive, and consumer products, so will the demand for sebacic acid. Furthermore, in the cosmetics industry, it works as an emollient; in the textile sector, it is used for the sizing and finishing of fabrics.

Furthermore, it is made using renewable sources like Castor oil that are more sustainable and environmentally friendly compared to petroleum-based products; hence as the demand for bio-based goods rises, the market will witness increased growth. Also, acid is employed in the production of many plastics and polymers, which are also employed in many end-user industries.

Key Players:

Arkema Group
Hokoku Co., Ltd.
Shipra Agrichem Pvt Ltd (SAPL)
BASF SE

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This release was published on openPR.