Carbonic Acid Price Trends and Forecast
Get the latest insights on price movement and trend analysis of Carbonic Acid in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East & Africa).
Carbonic Acid Price Trend for Q1 of 2024
Most industrial carbonic acid production involves direct usage of carbon dioxide, by infusion of carbon dioxide directly into water under pressure. Therefore, the trends in carbonic acid markets are very closely aligned with the trends in the carbon dioxide market.
Carbonic Acid Price Chart
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In the first quarter of 2024, the dynamics of carbonic acid markets in North America, Asia Pacific, and Europe showed varied trends influenced by several factors. In North America, particularly the USA, there was an upward trend due to increased demand from carbonated beverage manufacturers, which helped producers maintain profit margins despite ample supply. The consistent demand for fizzy drinks suggested a stable pricing outlook.
In the Asian region, particularly in Japan, the market experienced notable fluctuations. The decline in natural gas prices and subdued demand from downstream sectors negatively impacted prices in the early part of the quarter. However, prices started rebounding quickly because of firm demand from downstream sectors, and supply chain disruptions due to the Red Sea conflict. An increased shipping charge led to short-term price increases later in the quarter. Overall, the global carbonic acid industry projected borderline stability during the given time period.
Analyst Insight
According to Procurement Resource, not much change is anticipated in the Carbonic Acid prices in the coming months, the supply and demand dynamics are seemingly sustaining their parity.
Procurement Resource provides latest prices of Carbonic Acid. 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.
Carbonic acid (H2CO3) is a weak acid formed when carbon dioxide (CO2) dissolves in water, a reaction crucial in many biological and environmental processes. It plays a pivotal role in the carbon cycle and the acidification of oceans. Industrially, it's used in the beverage industry for carbonation and in water treatment for maintaining pH levels. In medicine, carbonic acid helps stabilize the pH of blood. Its instability means it decomposes quickly into water and CO2 in many conditions.
Report Features | Details |
Product Name | Carbonic Acid |
Chemical Formula | H2CO3 |
Industrial Uses | Beverages, Water Treatment, Fire Safety Industry, Pharmaceuticals, Food Processing |
Molecular Weight | 62.02 g/mol |
CAS number | 463-79-6 |
Supplier Database | Shandong Shida Shenghua Chemical Group, Liaoyang Best Group, Yingkou Hengyang New Energy Chemical, Liaoning Huifu Chemical, Haike Group, Mitsui Fine 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.
The chemical reaction of strong acids such as HCl or sulfuric acid along with calcium carbonate releases carbon dioxide gas. The resultant undergoes hydrolysis in the presence of water, which leads to the production of carbonic acid as the end product.
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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