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Request for Real Time 2-Hydroxybenzoic Acid Prices: https://www.procurementresource.com/resource-center/2-hydroxybenzoic-acid-price-trends/pricerequest
2-Hydroxybenzoic Acid or Salicylic acid is a colorless, white crystalline organic compound that has a bitter aftertaste. It is mainly used in the production of dyes, aspirin, perfumes or as a fungicide. It is a beta hydroxy acid that is a plant hormone as it is derived from plants.
2-Hydroxybenzoic Acid is widely used in anti-acne products owing to its anti-inflammatory properties that function as a topical antibacterial agent as they enable exfoliation.
Salicylic acid combined with methanol in the company of an acid catalyst results in methyl salicylate, which has application as a flavoring agent. The acid along with phenol makes phenyl salicylate that can be used to make creams that treat sunburns. It can also fight against other skin conditions like corns, warts, and calluses.
The worldwide leading 2-Hydroxybenzoic Acid producing countries are China, France, Germany, India, and the United States.
Key Details About the 2-Hydroxybenzoic 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 2-Hydroxybenzoic 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 2-Hydroxybenzoic Acid price analysis, pricing database, and chart 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 2-Hydroxybenzoic Acid Price Trend:
Industrial uses impacting 2-Hydroxybenzoic Acid price trend primarily include as a key raw ingredient in medicines like aspirin, spices, and food preservatives.
It is also used in the making of dye and is also employed as a Disinfection preservative and as rubber vulcanization retardant. It is added to food as a preservative. In the pharmaceutical sector, it is utilised to make acetylsalicylic acid (aspirin).
Key Market Players:
- Seqens International
- JM Loveridge Limited
- Zhenjiang Gaopeng Pharmaceutical Co., Ltd.
- Hebei Jingye Group
- Siddharth Carbochem Products Ltd.
News and Events:
- March 25, 2022- salicylic acid (industrial grade) prices on average were around 17000 RMB/MT, unhinged from the month’s beginning. In comparison to the prior year, the prices rose by 17.51%.
Related Price Trend:
- DSBP (4,4-Distyryl biphenyl derivative) Price Trend – https://www.procurementresource.com/resource-center/dsbp-44distyryl-biphenyl-derivative-price-trends
- Ethylene Dichloride Price Trend – https://www.procurementresource.com/resource-center/ethylene-dichloride-price-trends
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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