|Product Name||3-Hydroxypropanoic Acid|
Region/Countries for which Data is available
|Currency||US$ (Data can also be provided in local currency)|
|Supplier Database Availability||Yes|
|Customization Scope||Our services can be customized as per the requirements of the customer|
|Post-Sale Analyst Support||360-degree analyst support after service delivery|
Request for Real Time 3-Hydroxypropanoic Acid Prices: https://www.procurementresource.com/resource-center/3-hydroxypropanoic-acid-price-trends/pricerequest
3-Hyroxypropanoic Acid is a carboxylic acid with the third carbon attached to the hydroxyl group. It is soluble in water, ethanol, as well as diethyl ether and acts as an essential intermediate to make chemicals like acrylates that are economically viable.
It is naturally available in pathogens and aloe vera such as Phomopsis phaseoli and is a crucial human metabolite. It can be manufactured from renewable resources directly or with the help of another biobased chemical.
The leading 3-Hydroxypropanoic Acid producers worldwide are China, India, and Japan.
Key Details About the 3-Hydroxypropanoic Acid Price Trend:
Procurement Resource does an in-depth analysis of the price trend to bring forth the monthly, quarterly, half-yearly, and yearly information on the 3-Hydroxypropanoic Acid price in its latest pricing dashboard. The detailed assessment deeply explores the facts about the product, price change over the weeks, months, and years, key players, industrial uses, and drivers propelling the market and price trends.
Each price record is linked to an easy-to-use graphing device dated back to 2014, which offers a series of functionalities; customization of price currencies and units and downloading of price information as excel files that can be used offline.
The 3-Hydroxypropanoic Acid price chart, pricing database, and analysis can prove valuable for the procurement managers, directors, and decision-makers to build up their strongly backed up strategic insights to attain progress and profitability in the business.
Industrial Uses Impacting 3-Hydroxypropanoic Acid Price Trend:
The industrial uses such as being used as a precursor for several valuable chemical production example, acrylic acid and bioplastics, is impacting the 3-Hydroxypropanoic Acid price trend.
Key Market Players:
- Hangzhou Dayang Chemical
- Shandong Fine Chemical
- Apollo Scientific
- Cargill Inc
- BASF SE
- Chongqing Jiezhou Chemical
News and Events:
- November 29, 2021 – Acrylic Acid’s Sustainable Production by using 3-Hydroxypropionic Acid from Lignocellulosic Biomass – 3-Hydroxypropionic acid (3-HP) was recognised by the U.S. Department of Energy as a great bio-based platform chemical that has great prospect in commercial applications. It can be used in chemicals that are commercially important like acrylic acid, ethyl 3-HP, propiolactone, methyl acrylate, 1,3-propanediol, malonic acid, acrylonitrile, and acrylamide.
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Procurement Resource offers in-depth research on product pricing and market insights for more than 500 chemicals, commodities, and utilities updated daily, weekly, monthly, and annually. It is a cost-effective, one-stop solution for all your market research requirements, irrespective of which part of the value chain you represent.
We have a team of highly experienced analysts who perform comprehensive research to deliver our clients the newest and up-to-date market reports, cost models, price analysis, benchmarking, and category insights, which help in streamlining the procurement process for our clientele. Our team track the prices and production costs of a wide variety of goods and commodities, hence, providing you with the latest and consistent data.
To get real-time facts and insights to help our customers, we work with a varied range of procurement teams across industries. At Procurement Resource, we support our clients, with up-to-date and pioneering practices in the industry, to understand procurement methods, supply chain, and industry trends, so that they can build strategies to achieve maximum growth.
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