Acetamide Price Trend and Forecast
Get the latest insights on price movement and trend analysis of Acetamide in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East & Africa).
Acetamide Price Trend for the First Half of 2023
Acetamide is produced using acetic acid and ammonia, so the price trend for Acetamide align closely with both its feedstock chemicals. Furthermore, owing to the versatility of its usage, industrial consumption from different sectors also determines the market trend for Acetamide.
Acetamide Price Chart
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In the first two quarters of 2023, the market trend for Acetamide were very mixed. The economic recovery in the Chinese market was underwhelming; the manufacturing activities could still not scale up to the pre-covid times. So, the acetamide requirements were still low, and the prices wavered on the lower side of the scale throughout the said period.
However, the European Acetamide markets were relatively stable than the Asian markets since the restored supply chains pushed forward offshore trading. Consequently, the end user consumption also started rising, as a result of which the supply and demand dynamics improved somewhat in the European region. Overall, fluctuating market trend were observed for Acetamide.
Analyst Insight
According to Procurement Resource, the Acetamide market is likely to continue fluctuating going forward as well since the downstream demands will continue to be the primary driving factor.
Procurement Resource provides latest prices of Acetamide. 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.
Acetamide is an organic compound represented by the chemical formula CH3CONH2. A white crystalline solid, it is synthesized through the reaction of acetic acid and ammonia. With versatile applications, acetamide serves as a key chemical intermediate in the production of pharmaceuticals, plastics, and various industrial chemicals, contributing to diverse industrial processes.
Report Features | Details |
Product Name | Acetamide |
Chemical formula | C2H5NO |
Industrial Uses | Pharmaceuticals, Plastics , Chemical Manufacturing, Textiles, Agrochemicals, Cosmetics |
CAS Number | 60-35-5 |
Molecular weight | 59 g/mol |
HS Code | 29242990 |
Synonyms | Ethanamide, Acetic acid amide |
Supplier Database | DuPont, Solvay SA, The Lubrizol Corporation, Vantage Specialty Chemicals, Shanghai Time Chemicals CO., Ltd., Henan Tianfu Chemical Co.,Ltd. , ALB Technology Limited, Indenta Chemicals |
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.
In this reaction, ammonia and acetic acid produce ammonium acetate salt. When ammonium acetate is subjected to temperatures above 165 degrees, it undergoes decomposition and yields acetamide along with water molecules.
When acetonitrile is treated with peroxides, it undergoes hydrolysis and yields acetamide along with molecular oxygen.
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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