Product
Heptanoic Acid Price Trend and Forecast
Heptanoic Acid Price Trend and Forecast
Regional Price Overview
Get the latest insights on price movement and trend analysis of Heptanoic Acid in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East & Africa).
Heptanoic acid is made by oxidising heptaldehyde with nitric acid, potassium permanganate in alkaline aqueous solution or acetone solution, potassium dichromate and sulfuric acid, and carbonating the sodium and 1-chlorohexane reaction result. Throughout the fourth quarter of 2021, raw material nitric acid prices in Asia reflected a mix of sentiments.
After reaching record high estimates in the previous quarter, the price in China fell in the months of October and November. The drop in prices was accompanied by a drop in demand from the agrochemical sector. Many agrochemical and other chemical producers were forced to reduce their production by 50% as a result of the Dual Control strategy, which had a direct impact on the product's demand and pricing dynamics.
However, prices of nitric acid rose marginally in December, to roughly 480 USD/MT Ex Work Qingdao, owing to strong demand from the fertiliser sector and rising raw material costs. Volatility in raw material prices affected heptanoic acid prices as well.
Procurement Resource provides latest prices of Heptanoic 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.
About
Heptanoic Acid, an aliphatic carboxylic acid, is a colourless liquid with a pungent odour. It is poorly miscible in water and is found to float on it as it is less dense than water. The product is a conjugate acid of a heptanoate. It has a flash point of about 200°F. It is a straight-chain saturated fatty acid that contributes to the preparation of esters in the fragrance industry.
Product Details
| Report Features | Details |
| Product Name | Heptanoic Acid |
| Industrial Uses | Synthesis of esters, Flavour and fragrance agents, Additive in cigarettes, Drugs and nutritional supplements, Intermediates, Corrosion inhibition, Lubricants, Floor coverings, Paints and coatings |
| Chemical Formula | C7H14O2 |
| Synonyms | Enanthic acid, 111-14-8, n-Heptanoic acid, Oenanthic acid |
| Molecular Weight | 130.18 g/mol |
| Supplier Database | Ernesto Ventós, S.A, Arkema S.A, OXEA GmbH, Kalpsutra Chemicals Pvt. Ltd., Toronto Research Chemicals Inc, IOI Oleo GmbH |
| 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 Process
- Production of Heptanoic Acid from Castor Oil via Decomposition; from Ricinoleic Acid via Pyrolysis and Air-Oxidation
In order to produce Heptanoic Acid from castor oil, the decomposition of esters obtained from castor oil takes place. In this process, the castor oil acid methyl ester decomposition is carried out in the presence of water vapour at 500-600°C to form oenanthal (heptanal) along with undecanoic acid methyl ester. After this, oenanthal is oxidised to produce Heptanoic Acid as the final product.
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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