Product
2-Propylheptanol Price Trend and Forecast
2-Propylheptanol Price Trend and Forecast
Regional Price Overview
Get the latest insights on price movement and trend analysis of 2-Propylheptanol in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East & Africa
For the First Half of 2022
Asia
2-Propylheptanol is obtained via the hydroformylation of alkenes or linear alpha olefins (LAO), which are, in turn, obtained from crude oil. Due to the Russian invasion of Ukraine, oil and natural gas prices soared dramatically, causing the alkenes' prices to inflate. However, during the second quarter, the high upstream costs took a toll on the market dynamics, and the prices suffered amid demand destruction. The price 2-Propylheptanol averaged 1856.42 USD/MT in the Indian domestic arena during the first half of 2022
Europe
The European embargo on Russian oil raised the energy bills of Europe drastically. The higher costs of keeping the refineries running at a constant pace, along with supply shortages and the robust downstream demand, caused the prices to increase. However, this runaway inflation soon led to demand destruction, and the petrochemical industry suffered. The cost of alkenes averaged 1619 USD/MT FD Germany in the second quarter.
North America
In line with the global outlook, the price of linear alpha olefins averaged 790 USD/MT and 850 USD/MT for C-10 and C16-18 systems, respectively, in the first quarter. However, the demand destructions and the heightened costs of natural gas caused the prices to dip in the second quarter, thereby weakening the price trends of 2-Propylheptanol.
Procurement Resource provides latest prices of 2-Propylheptanol. Each price database is tied to a user-friendly graphing tool dating back to 2014, which provides a range of functionalities: configuration of price series over user defined time period; comparison of product movements across countries; customisation of price currencies and unit; extraction of price data as excel files to be used offline.
About
2-Propylheptanol or 2PH is a waxy solid belonging to the class of C-10 fatty alcohols. It serves as a vital feedstock/intermediate in production of plasticizers, surfactants, resins, and lubricants. It is used as a heat stabilizer during PVC manufacture. Its oleate and palmate-based products are valued in the cosmetic industry.
Product Details
| Report Features | Details |
| Product Name | 2-Propylheptanol |
| HS CODE | 29051690 |
| CAS Number | 10042-59-8 |
| Industrial Uses | Plasticizers, Resins, Lubricants, Surfactants, Cosmetics, Solvents |
| Chemical Formula | C10H22O |
| Synonyms | 2-propyl-1-heptanol, Isodecanol, 2PH, 8-methyl-1-nonanol |
| Molecular Weight | 158.285 g/mol |
| Supplier Database | Perstorp, BASF SE, Evonik Industries, Yanchang Petroleum Yan'an Energy and Chemical Co. |
| Region/Countries Covered | 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 |
| Currency | US$ (Data can also be provided in local currency) |
| Supplier Database Availability | Yes |
| 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 |
Note: Our supplier search experts can assist your procurement teams in compiling and validating a list of suppliers indicating they have products, services, and capabilities that meet your company's needs.
Production Processes
- Production of 2-Propylheptanol from C4 alkenes via Hydroformylation/Oxo Synthesis
Oxo synthesis is used in the production of aldehydes from an alkene. This reaction involves adding a formyl group (CHO ) and a hydrogen atom to the carbon-carbon double bond. This reaction is carried at elevated temperature and pressure. The product aldehyde is then hydrogenated to get the corresponding alcohol.
Methodology
The displayed pricing data is derived through weighted average purchase price, including contract and spot transactions at the specified locations unless otherwise stated. The information provided comes from the compilation and processing of commercial data officially reported for each nation (i.e. government agencies, external trade bodies, and industry publications).
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