Product
Propanal Price Trend and Forecast
Propanal Price Trend and Forecast
Regional Price Overview
Get the latest insights on price movement and trend analysis of Propanal in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East & Africa).
Propanal is made via hydroformylation of ethylene with carbon monoxide and hydrogen in the presence of a catalyst like cobalt octacarbonyl or a rhodium complex in the oxo process. During the early half of Q4 FY21, the European ethylene market was hampered by supply shortages and rising freight costs.
Imports from North America were quoted at a higher price than the previous quarter, with average ethylene prices in North-West Europe estimated at 1355 USD/MT FD Hamburg, up 10 USD/MT from the previous quarter's average, impacting propanal prices as well.The downstream polymers industry, such as polyethylene and polyvinyl chloride, had a little increase in demand compared to Q3, while demand from most end user industries tapered down in December.
Propanal's use in different cosmetics and personal care applications boosted the market in the fourth quarter of 2021, thanks to the growing cosmetics sector. Because of the broad expansion of the pharmaceutical business in many locations, demand for propanal surged dramatically in the year 2021. In terms of production and demand, Asia Pacific dominates the propanal market.
Procurement Resource provides latest prices of Propanal. 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
Propanal is a clear, colourless liquid with a pungent fruity odour. It belongs to the family of aldehyde. It is less dense than water, and its vapours are heavier than air. Its flashpoint is about 15°F. It is widely used in the production of plastics as well as synthesis of rubber chemicals. It can also be utilised as a disinfectant.
Product Details
| Report Features | Details |
| Product Name | Propanal |
| Industrial Uses | Intermediates, Alkyd resins, Chemical Synthesis, Odour agents, Plastics, Disinfectant |
| Chemical Formula | C3H6O |
| Synonyms | 123-38-6, Propionaldehyde, Methylacetaldehyde, Propionic aldehyde, Propaldehyde |
| Molecular Weight | 58.08 g/mol |
| Supplier Database | BASF SE, The Dow Chemical Company, Perstorp Holding AB, Eastman Chemical Company |
| 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 Propanal via Catalytic Hydroformylation; and via Oxidation of 1-Propanol
In this process, ethylene is used as the starting material. Ethylene is hydroformylated using carbon monoxide and hydrogen in the presence of a catalyst such as rhodium, which results in the formation of Propanal.
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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