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Triethanolamine Price Trend Analysis, Historical Chart and Forecast

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During the early part of 2023, Asia’s triethanolamine market faced a price drop owing to inadequate raw material backing and decreased demand from related industries. However, the succeeding months witnessed a resurgence propelled by heightened demand, particularly from cosmetics and automotive sectors. Trading delays marginally impacted product availability. Meanwhile, Europe grappled with excessive supply and diminished local demand, leading to a significant price decline in the first quarter. This trend continued into the second quarter due to weak economic conditions and surplus stockpiles. Conversely, in North America, subdued demand, import pressures, surplus inventory, and economic hurdles collectively resulted in a continuous decline in triethanolamine prices throughout the period.

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Definition

Triethanolamine is a viscous liquid with unique properties. It possesses both amine and alcohol functionalities, making it versatile. It’s soluble in water and various organic solvents, aiding in formulations. Triethanolamine is a pH adjuster, buffering agent, and emulsifier, enhancing stability in products. It finds use in cosmetics, textiles, and pharmaceuticals due to its ability to soften skin and adjust pH. Its reactivity allows it to participate in various chemical reactions, making it a valuable compound in diverse industrial applications.

Key Details About the Triethanolamine 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 Triethanolamine 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.

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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 Triethanolamine Price analysis, including India Triethanolamine price, USA Triethanolamine 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 Triethanolamine Price Trend:

Triethanolamine boasts versatile qualities that make it a staple in numerous industries. In cosmetics and personal care, it multitasks as an emulsifier, pH balancer, and skin enhancer. Its applications extend to textiles for regulating pH during dyeing and softening fabrics. In pharmaceuticals, it aids in tablet coating and serves as a solvent for drug formulations. Additionally, it provides lubrication in metalworking and contributes to vulcanization in the rubber industry. Its involvement spans across various chemical reactions, serving as an intermediary and playing crucial roles in gas treating, cement production, adhesives, and beyond.

Key Players:

  • BASF SE
  • Ineos
  • Dow
  • Hubei Xian Lin Chemical Co Ltd
  • Nippon Shokubai Co Ltd
  • SABIC
  • Fushun Beifang Chemical Co Ltd

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 chains, and industry trends so that they can build strategies to achieve maximum growth.

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