In Asia, acetanilide prices in Q1 initially dropped due to the new year holidays but later rebounded with increased demand and manufacturing activities, particularly from overseas industries. However, in Q2, demand couldn't keep up with supply. In Europe, prices gradually fell in Q1 due to rising inventories and reduced new orders, exacerbated by declining feedstock material costs. While Q2 saw some support from raw material costs, consumption rates and economic fragility in construction and electronics sectors drove prices down. North America witnessed a slight uptick in Q1, thanks to stable orders from the polymer sector, but an economic slowdown and increased interest rates led to price declines. In Q2, despite some initial support from feedstock and crude oil costs, dwindling demand posed challenges for acetanilide prices.
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Definition
Acetanilide is an organic compound with the chemical formula C8H9NO. It appears as a white crystalline solid with a faint odor, and it has limited solubility in water but is soluble in organic solvents. Acetanilide is known for its analgesic and antipyretic properties, though its use in pharmaceuticals has declined due to safety concerns. It is used as an intermediate in the synthesis of dyes, perfumes, and rubber accelerators. Additionally, acetanilide can serve as a reagent in chemical research and laboratory experiments due to its involvement in various chemical reactions.
Key Details About the Acetanilide 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 Acetanilide 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 Acetanilide Price Trends, including India Acetanilide price, USA Acetanilide 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 the Acetanilide Price Trend:
Acetanilide, a chemical compound with the formula C8H9NO, has limited industrial use due to its potential health risks. Historically, it was employed as an analgesic and antipyretic drug, but its use has declined due to safety concerns. Instead, it finds some applications as an intermediate in chemical processes, particularly in the production of dyes, perfumes, and rubber accelerators. These derivatives are used in the textile and fragrance industries. Although acetanilide has some industrial value, its toxicological properties have led to the development of safer alternatives, reducing its role in pharmaceuticals and increasing its significance as a chemical precursor in specialized chemical manufacturing.
Key Players:
- KLG Group
- Kutch Chemical Industry
- Bodal Chemicals
- Dessica Chemicals
- Pragna Dye Chem
- Corbion
- Sisco Research Laboratories
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