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Propanal Price Trend and Forecast

Procurement Resource provides latest prices of Propanal. 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.

Propanal is made via hydroformylation of ethylene with carbon monoxide and hydrogen in the presence of a catalyst like cobalt octacarbonyl or a rhodium complex in the oxo process. During the early half of Q4 FY21, the European ethylene market was hampered by supply shortages and rising freight costs. Imports from North America were quoted at a higher price than the previous quarter, with average ethylene prices in North-West Europe estimated at 1355 USD/MT FD Hamburg, up 10 USD/MT from the previous quarter's average, impacting propanal prices as well.The downstream polymers industry, such as polyethylene and polyvinyl chloride, had a little increase in demand compared to Q3, while demand from most end user industries tapered down in December.

Propanal's use in different cosmetics and personal care applications boosted the market in the fourth quarter of 2021, thanks to the growing cosmetics sector. Because of the broad expansion of the pharmaceutical business in many locations, demand for propanal surged dramatically in the year 2021. In terms of production and demand, Asia Pacific dominates the propanal market.

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About Propanal:

Propanal is a clear, colourless liquid with a pungent fruity odour. It belongs to the family of aldehyde. It is less dense than water, and its vapours are heavier than air. Its flashpoint is about 15°F. It is widely used in the production of plastics as well as synthesis of rubber chemicals. It can also be utilised as a disinfectant.

Product Details:

Report Features Details
Product Name Propanal
Industrial Uses Intermediates, Alkyd resins, Chemical Synthesis, Odour agents, Plastics, Disinfectant
Chemical Formula C3H6O
Synonyms 123-38-6, Propionaldehyde, Methylacetaldehyde, Propionic aldehyde, Propaldehyde
Molecular Weight 58.08 g/mol
Supplier Database BASF SE, The Dow Chemical Company, Perstorp Holding AB, Eastman Chemical Company
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

Production Processes:

  • Production of Propanal via Catalytic Hydroformylation; and via Oxidation of 1-Propanol

In this process, ethylene is used as the starting material. Ethylene is hydroformylated using carbon monoxide and hydrogen in the presence of a catalyst such as rhodium, which results in the formation of Propanal.

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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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