Get the latest insights on price movement and trends analysis of Heptanoic Acid in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East & Africa).
Heptanoic Acid Price Trends for the First Half of 2023
Heptanoic acid prices vary according to its feedstock heptanal which is sourced from hexene, so the price trendss almost replicate each other. During the first half of the year 2023, the price trendss for the heptanoic acid market showed mixed sentiments but were overall positively inclined. As manufacturing activities were reviving in China after the lockdown was lifted, trade exchanges increased. As China is the major exporting territory, improved market sentiments induced movement in the other international markets as well.
American market, too, showed improvement despite a slow start. Same with the European market, as the supply chains were restored and port congestions cleared, giving way to improved shipping, the overall trade excises fixed up. Increasing offtakes from downstream sectors supported the rising heptanoic acid prices. Overall, the market looked steady and hopeful.
According to Procurement Resource, the heptanoic acid price trendss are expected to stabilize further in the upcoming quarter as the consistent supply and demand dynamics suggest positive market behavior.
Procurement Resource provides latest prices of Heptanoic Acid. 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.
Heptanoic Acid, an aliphatic carboxylic acid, is a colourless liquid with a pungent odour. It is poorly miscible in water and is found to float on it as it is less dense than water. The product is a conjugate acid of a heptanoate. It has a flash point of about 200°F. It is a straight-chain saturated fatty acid that contributes to the preparation of esters in the fragrance industry.
|Product Name||Heptanoic Acid|
|Industrial Uses||Synthesis of esters, Flavour and fragrance agents, Additive in cigarettes, Drugs and nutritional supplements, Intermediates, Corrosion inhibition, Lubricants, Floor coverings, Paints and coatings|
|Synonyms||Enanthic acid, 111-14-8, n-Heptanoic acid, Oenanthic acid|
|Molecular Weight||130.18 g/mol|
|Supplier Database||Ernesto Ventós, S.A, Arkema S.A, OXEA GmbH, Kalpsutra Chemicals Pvt. Ltd., Toronto Research Chemicals Inc, IOI Oleo GmbH|
|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|
Note: Our supplier search experts can assist your procurement teams in compiling and validating a list of suppliers indicating they have products, services, and capabilities that meet your company's needs.
In order to produce Heptanoic Acid from castor oil, the decomposition of esters obtained from castor oil takes place. In this process, the castor oil acid methyl ester decomposition is carried out in the presence of water vapour at 500-600°C to form oenanthal (heptanal) along with undecanoic acid methyl ester. After this, oenanthal is oxidised to produce Heptanoic Acid as the final product.
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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