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Trimethylolpropane Price Chart, Historical and Forecast Analysis | Procurement Resource

Trimethylolpropane (C6H14O3) is an organic compound that appears to be a white crystalline solid/ viscous liquid. It has solubility in alcohol, water, and various organic solvents, like benzene, acetone and ether.

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It is a triol composed of three hydroxyl groups (-OH) linked to a propane backbone. It works like a building block for manufacturing various products like polyester resins, alkyd resins, synthetic lubricants, and plasticizers.

Key Details About the Trimethylolpropane 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 Trimethylolpropane 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 Trimethylolpropane Price forecast, including India Trimethylolpropane price, USA Trimethylolpropane price, pricing database, and analysis can prove valuable for 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 Trimethylolpropane Price Trend:

Trimethylolpropane, or TMP, is a key feedstock used in many manufacturing processes for making products such as resins, coating, and adhesives. Owing to the rapid increase in demand for materials used in the automotive, construction, and electronics industry, the demand for the key raw material is also rising. Furthermore, the eco-friendly bio-based substitute of TMP compared to the conventional petroleum-based TMP is gaining a lot of traction among people since it is made using renewable sources like biomass and vegetable oils, which boosts its market demand. Also, other key factors, such as the rapid technological development for the production of TMP, which makes it affordable to produce and easily available, will likely create more opportunities in the industry.

Key Players:

  • Lanxess
  • Jilin Petrochemical
  • Oxea
  • Mitsubishi Gas Chemical
  • Perstorp

About Us:

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 most 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 tracks 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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Company Name: Procurement Resource
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