|Product Name||Isophthalic Acid|
|Currency||US$ (Data can also be provided in local currency)|
|Customization Scope||The report can be customized as per the requirements of the customer|
|Post-Sale Analyst Support||360-degree analyst support after report delivery|
Request for Real Time Isophthalic Acid Prices: https://www.procurementresource.com/resource-center/isophthalic-acid-price-trends/pricerequest
Isophthalic acid is benzene dicarboxylic acid which substitutes carboxy groups at positions 1 and 3 in the benzene molecule. The other two isomers of benzene dicarbarylic acid are, respectively, phosphoric and terephthalic acids. It is a conjugated isophthalate acid that floats in water and appears as a white substance with a mild scent. The chemical formula of isophthalic acid is C6H4(CO2H)2 and its molecular weight is 166.14 g/mol.
The United States and the EMEA region are the two largest consumers of isophthalic acid, while China is the largest exporter.
Key Details About the Isophthalic 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 isophthalic acid price, lithium carbonate price and carbon black price etc. 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 isophthalic acid 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 Isophthalic Acid Price Trend:
The market for isophthalic acid is driven by the rising demand for PET bottles, which use the acid in their production. Due to their advantages for packaging and carrying liquids, such as being clear, lightweight, colourful, and portable, PET bottles are becoming more and more popular. This is increasing demand on the market.
Additionally, the demand for isophthalic acid on the market is being driven up by the growing trend of using it as thermal and electrical insulation coating.
To further the market’s progress, isophthalic acid also functions as an intermediary substance that is utilised in polymers to provide thermal and electrical resistance. Polybenzimidazole fibre, a type of synthetic fibre, is used to create high-performance protective equipment for firefighters, aeroplane wall textiles, astronaut spacesuits, and high-temperature gloves, and is anticipated to grow in popularity.
Key Market Players:
• LOTTE Chemical
• Beijing Yanshan Petrochemical
• Mitsubishi Gas Chemical
News and Events:
• January 07, 2022: LOTTE Chemical Corporation announced its large investment in the Daesan Petrochemical Complex in order to promote the competitiveness of environmentally friendly and specialised products as well as the local economy.
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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.
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