Price Trends of Diethylene Glycol in its Latest Insights and Dashboard

Procurement Resource does an in-depth analysis of the price trend to bring forth the monthly, quarterly, half-yearly, and yearly information on the diethylene glycol price in its latest pricing dashboard.

Diethylene glycol (DEG) (C4H10O3) is a clear, colourless organic compound which is a non-odoriferous, hygroscopic liquid that has a sweet flavour and no smell. It is a great solvent made using ethylene oxide's partial hydrolysis and is an ideal solvent for various insoluble substances.

 

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It is soluble in water and other organic compounds (such as ether, alcohol, acetone, and ethylene glycol). It has a molecular mass of 106.12 u and a density of 1.12 at 20 °C (68 °F).

 

Key Details About the Diethylene Glycol 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 the Diethylene glycol price 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.

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 diethylene glycol price trends, including India Diethylene glycol price, USA Diethylene glycol 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 Diethylene Glycol Price Trend:

Diethylene glycol (DEG) is mainly employed for the commercial preparation of various products from different industries. It is used to make brake fluid, cigarettes, antifreeze and some dyes. In the pharmaceutical business, it is used for making medications like acetaminophen and sulfanilamide. Furthermore, it is used to make polyurethanes and unsaturated polyester resins and is used as a liquid fuel, antifreeze, plasticizer and lubricant. In addition, it offers great hygroscopic properties making it a vital industrial chemical, as well as has application in controlling the moisture of the tobacco filler as a humectant which further boosts the market demand. Other uses of the product include its role in treating paper, cork, glue, and cellophane; as a dehydrator that removes water from natural gas pipelines; as a chemical intermediate for manufacturing acrylate, unsaturated polyester resins, urethanes and methacrylate resins; as a solvent in textile dyeing and printing; as a cement grinding aid; a constituent of hydraulic fluids; and a selective solvent for aromatics in petroleum refining.

 

Key Players:

  • CNPC
  • Reliance Group
  • SABIC
  • BASF
  • Royal Dutch Shell PLC

 

News Recent Development

  • 30th May 2023- India mandates export cough syrup testing following the deaths of children who consumed cough syrups contaminated with ethylene glycol (EG) and diethylene glycol (DEG).

 

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

 

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Chris Byrd

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