In the Asia-Pacific region, the initial surge in sodium perchlorate prices during the first quarter, driven by heightened consumption, lost momentum as consumer interest waned and inventories expanded. The second quarter displayed more stability, marked by consistent demand from the detergent and paper industries. However, prices faced a downturn in June, influenced by fluctuations in energy prices.
In Europe, the first quarter saw a favorable price trend propelled by increased demand, particularly from the paper and related sectors. This upward trajectory persisted in the second quarter, attributed to rising feedstock costs, developments in the water treatment industry, and uncertainties surrounding crude-based products.
North America witnessed an uptick in sodium perchlorate prices during the first quarter, fueled by heightened sales in the detergent and paper industries. Insufficient inventory levels to meet the growing demand further contributed to the price hike. The bullish trend continued into the second quarter, with sustained high demand and reduced freight charges playing a role. OPEC+ regulations hindered sodium perchlorate supply, contributing to the ongoing rise in prices.
Request for Real-Time Sodium Perchlorate Prices: https://www.procurementresource.com/resource-center/sodium-perchlorate-price-trends/pricerequest
Sodium perchlorate is a white crystalline solid with the chemical formula NaClO4. It is highly soluble in water and possesses powerful oxidizing properties. Sodium perchlorate can be a strong oxidizer when in contact with flammable substances, making it valuable in various applications. This compound is notably hygroscopic, meaning it readily absorbs moisture from the air. Its hygroscopic nature and ability to dissolve in water have led to its use in pyrotechnics, explosives, and airbag systems. Additionally, sodium perchlorate is employed in the manufacture of perchloric acid, a strong acid commonly used in laboratories and chemical processes.
Key Details About the Sodium perchlorate 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 Sodium perchlorate 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 Sodium perchlorate Price trend, including India Sodium perchlorate price, USA Sodium perchlorate 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 Sodium perchlorate Price Trend:
Sodium perchlorate finds application in various industrial sectors due to its unique properties. One of its primary uses is in the production of perchloric acid, a strong and versatile acid used in laboratories and chemical processes. In the defense industry, sodium perchlorate is utilized as an oxidizer in the manufacturing of solid rocket propellants. It is also a crucial component in airbag systems, generating gas for rapid inflation in automotive safety mechanisms. Additionally, its oxidizing properties make it valuable in pyrotechnics, fireworks, and explosives. Sodium perchlorate’s role extends to water treatment, as it assists in removing specific organic compounds from wastewater.
- EMD Chemical
- Shree Chlorates
- GFS Chemicals
- Thermo Fischer
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 chains, and industry trends so that they can build strategies to achieve maximum growth.
Company Name: Procurement Resource
Contact Person: Christeen Johnson
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