Product
Methyl Salicylate Price Trends and Forecast
Methyl Salicylate Price Trends and Forecast
Regional Price Overview
Get the latest insights on price movement and trends analysis of Methyl Salicylate in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East & Africa).
Methyl Salicylate Price Trends for the First Half of 2023
Methyl Salicylate is a chemical compound extensively used in food, pharma, chemical, and hygiene sectors. So, the downstream demands from these industries influence the market trendss for Methyl Salicylate substantially. Methyl Salicylate is produced using methanol and salicylic acid, so the price trendss of these feedstock chemicals also determine the Methyl Salicylate price trendss.
In the discussed period, the Methyl Salicylate market experienced mixed price trendss as the market started strong at the beginning of H1 2023 because of fresh demands from the consuming sectors. But gradually, by the middle of Q2, the prices moved southward as the inventories had leveled up by that time.
Analyst Insight
According to Procurement Resource, given the fluctuating supply–demand dynamics, the Methyl Salicylate prices are expected to oscillate in a similar manner.
Procurement Resource provides latest prices of Methyl Salicylate. 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.
About
Methyl Salicylate, better known as the oil of wintergreen or wintergreen oil, is an organic ester that is naturally produced by several species of plants, particularly wintergreens. It is a viscous colourless liquid releasing sweet fruity odour reminiscent of root beer. It has minty taste and aroma and thus, it is often used to prepare mint candies. It can be produced synthetically and is utilised as a flavouring and fragrance ingredient in foods, beverages, and many other products.
Product Details
| Report Features | Details |
| Product Name | Methyl Salicylate |
| Industrial Uses | Odour agents, Flavouring ingredient , Plasticisers , Antiseptic , Home and personal care products, Food and beverages, Insecticides and pesticides , Solvent for inks |
| Chemical Formula | C8H8O3 or C6H4(OH)(CO2CH3) |
| Synonyms | 119-36-8, Methyl 2-hydroxybenzoate, Oil of wintergreen, Betula oil |
| Molecular Weight | 152.149 g/mol |
| Supplier Database | Berjé Inc, Fleurchem, Inc. , Seqens SAS, Mollhausen S.A.S, Zhenjiang Gaopeng Pharmaceutical 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 |
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.
Production Processes
- Production of Methyl Salicylate via Esterification of Salicylic Acid and Methanol; and via Steam Distillation
In order to produce Methyl Salicylate, the process of esterification is utilised. In this process, salicylic acid and methanol are esterified to produce Methyl Salicylate as the result.
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).
Table Of Contents
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