Itaconic Acid Prices, Trends & Forecasts | Provided by Procurement Resource

Posted on

Itaconic Acid, derived from Citric Acid, is influenced by Citric Acid prices and demand from chemical, agrochemical, adhesive, and coating industries. The Asian market, especially China, saw a resurgence as COVID-19 restrictions eased, leading to increased demand and a boost from Lunar New Year Holidays. Constant inventory movement fostered a positive market performance, with itaconic acid prices trending upward due to strong demand and higher feedstock costs. Overall, a positive market sentiment prevailed.

Definition

Itaconic Acid is an organic compound derived through the processing of citric acid. It is utilized in various industries as a key chemical intermediate, finding applications in the production of chemicals, agrochemicals, adhesives, coatings, and related sectors. Itaconic Acid is prized for its versatility and plays a vital role in chemical manufacturing processes.

Request for Real-Time Itaconic Acid Prices: https://www.procurementresource.com/resource-center/itaconic-acid-price-trends/pricerequest

Key Details About the Itaconic Acid Price Trends:

Procurement Resource does an in-depth analysis of the price trend to bring forth the monthly, quarterly, half-yearly, and yearly information on the Itaconic Acid 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 Itaconic Acid Price Forecasts, including India Itaconic Acid price, USA itaconic 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.

Industrial Uses Impacting the Itaconic Acid Price Trends:

Price-TrendItaconic Acid serves as a crucial chemical intermediate with diverse industrial applications. It is employed in the production of chemicals, agrochemicals, adhesives, coatings, and related sectors. In chemicals, it contributes to the synthesis of resins and polymers, while in agrochemicals, it aids in the creation of environmentally friendly pesticides. Additionally, it plays a vital role in the adhesive and coating industries, enhancing product formulations and performance.

Key Players:

  • Itaconix Corporation
  • Qingdao Langyatai
  • Zhejiang Guoguang
  • Alpha Chemika
  • Iwata Chemical

About Us:

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 tracks 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.

Contact Us:

Company Name: Procurement Resource
Contact Person: Chris Byrd
Email: sales@procurementresource.com
Toll-Free Number: USA & Canada – Phone no: +1 307 363 1045 | UK – Phone no: +44 7537 132103 | Asia-Pacific (APAC) – Phone no: +91 1203185500
Address: 30 North Gould Street, Sheridan, WY 82801, USA

Leave a Reply

Your email address will not be published. Required fields are marked *