3-Propenol is an organic compound, which is also referred to as Allyl alcohol. It is colourless and clear in appearance, with a very strong smell similar to mustard. It is a crucial raw material in the production of glycerol.
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It is highly visible in water and is very toxic as compared to standard alcohol. It is produced by the hydrolysis of allyl chloride and by the polymerisation process by heating it with oxygen.
It is used as a predecessor to various composites such as plasticisers, fire-resilient, and drying oils.
The leading producers in the market of 3-Propenol on a global scale are Jordan and the United States.
Key Details About the 3-Propenol 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-Propenol 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-Propenol price chart, 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 3-Propenol Price Trend:
The 3-Propenol price trend is impacted by industrial uses like an industrial herbicide, solvent, and fungicide. Other than that, it acts as a key ingredient in the production of various polymers, pesticides, pharmaceuticals, and other allyl compounds.
Additionally, it is also used as a crucial key element in the manufacturing of diallyl phthalate, acrolein, glycerol, and diallyl isophthalate.
It also finds application as an ethanol denaturant, celery beds, a herbicide for ornamentals, and soil treatment. It is also employed primarily in military warfare gases.
Key Market Players:
- LyondellBasell Industries Holdings B.V.
- RX Marine International
- Dairen Chemical Corp.
- Acros Organics
- Central Drug House
News and Events:
- September 13, 2022: Before a probable work stoppage, the US chemical makers LyondellBasell are alerting customers to some shipment restrictions imposed by Class 1 railroads. Allyl alcohol, styrene, ethylene oxide (EO), and ethylene are the items that are anticipated to be subject to the ban, according to the business.
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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 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.
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