Azodicarbonamide Price Trend and Forecast

Regional Price Overview

Get the latest insights on price movement and trend analysis of Azodicarbonamide in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East & Africa).

Azodicarbonamide Price Trend for the Second Half of 2023

Azodicarbonamide is mainly used as a blowing agent in foamed plastics and rubber production. Its ability to liberate nitrogen gas upon decomposition at elevated temperatures makes it valuable in expanding and creating cellular structures within materials like bread, yoga mats, and shoe soles. The demand for this chemical in the market is also fueled by the growing need for lightweight and versatile materials in industries such as packaging, construction, and automotive.

Azodicarbonamide Price Chart

Azodicarbonamide Price Trends

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In the second half of 2023, azodicarbonamide prices experienced notable fluctuations across different regions. In Asia, prices initially surged due to increased demand from the rubber industry but later depreciated in the fourth quarter due to a rise in trade challenges and a slowing down of industrial activities. Similarly, in Europe and North America, prices followed a downward trajectory throughout the period due to high inventories and reduced industrial demand.

The azodicarbonamide prices steadily declined as the loss of exports from Asian countries to Europe triggered by the ongoing Israel-Hamas crisis and accelerating inflationary pressure on the market fundamentals resulted in the rise in domestic stockpiles. The traders thus had to assert de-stocking practices in view of limited demand by offering discounts on bulk purchases that resulted in the southward trajectory of the azodicarbonamide price trend.

Analyst Insight

According to Procurement Resource, the price trend of Azodicarbonamide is expected to face the ill consequences of export crunch and delays in shipments due to the rerouting of Red Sea cargoes.

Procurement Resource provides latest prices of Azodicarbonamide. Each price database is tied to a user-friendly graphing tool dating back to 2014, which provides a range of functionalities: configuration of price series over user defined time period; comparison of product movements across countries; customisation of price currencies and unit; extraction of price data as excel files to be used offline.

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About

Azodicarbonamide is a chemical compound that has a yellow to orange red colour, is odourless, and is in the form of crystalline powder. It's commonly used as a blowing agent, food additive, and foaming agent. It's mostly found in rubber and plastic products like yoga mats.

Product Details

Report Features Details
Product Name Azodicarbonamide
Industrial Uses Processing aids, Propellants, Blowing agents
Chemical Formula C2H4N4O2
Synonyms Diazenedicarboxamide, Azodicarboxamide, Azobisformamide, Azodiformamide
Molecular Weight 116.08 g/mol
Supplier Database Ajanta Group, Abtonsmart Chemicals, Jiangxi Selon Industrial, Arkema, Honeywell International, Otsuka Chemical Co Ltd.
Region/Countries Covered Asia Pacific: China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Iran, Thailand, South Korea, Iraq, Saudi Arabia, Malaysia, Nepal, Taiwan, Sri Lanka, UAE, Israel, Hongkong, Singapore, Oman, Kuwait, Qatar, Australia, and New Zealand

Europe: Germany, France, United Kingdom, Italy,  Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal and Greece

North America: United States and Canada

Latin America: Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru

Africa: South Africa, Nigeria, Egypt, Algeria, Morocco
Currency US$ (Data can also be provided in local currency)
Supplier Database Availability Yes
Customization Scope The report can be customized as per the requirements of  the customer
Post-Sale Analyst Support 360-degree analyst support after report delivery


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Production Processes

  • Production of Azodicarbonamide from Urea

Hydrazocarbonamide is formed by the reaction of hydrazine and urea, which then reacts with sodium dichromate and sulfuric acid to produce Azodicarbonamide and basic chromium sulphate as a byproduct.

Methodology

The displayed pricing data is derived through weighted average purchase price, including contract and spot transactions at the specified locations unless otherwise stated. The information provided comes from the compilation and processing of commercial data officially reported for each nation (i.e. government agencies, external trade bodies, and industry publications).

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