DOP Price History and Forecast Analysis | Provided by Procurement Resource
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DOP is a chemical compound, which is referred to as Dioctyl phthalate. The chemical formula of DOP is C24H38O4, and its molecular weight is 390.6 g/mol.
It is slightly denser than water and is insoluble in it and has a flash point of 430°F. DOP is prepared using an esterification catalyst such as sulphuric acid in which access ethanol is heated with phthalic anhydride. After that, n-octanol with phthalic anhydride is esterified and further forms dioctyl phthalate.
The top dioctyl phthalate-producing countries are South Korea, Malaysia, and Taiwan.
Key Details About the DOP 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 DOP 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 DOP price trend, 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 DOP Price Trend:
Flexible PVC, screen printing inks, paints, varnishes, lacquers, adhesives, and sealants all make substantial use of DOP. A diester of phthalic acid is dioctyl phthalate. Dioctyl phthalate (DOP) is a low-cost, all-purpose plasticiser that can be used as a dielectric fluid in capacitors and in hydraulic fluid applications.
The most prevalent member of the group of plasticizers is dioctyl phthalate (DOP). It is the diester of branched-chain 2-ethyl hexanol and phthalic acid. DOP is frequently used in plastics for things like medical supplies, the production of PVA and rubber, wood coatings, and occasionally as a waxing agent.
In order to make dioctyl phthalate, phthalic anhydride, and 2-ethyl hexanol are used. Wires and cables, flooring, and walls are just a few of the end user uses for DOP, which is typically employed as a plasticiser.
Additionally, it is also employed in pulp mixtures and PVC pastes, as well as an additive in various processes and manufacturing of door mats, hoses, paints, coverings, and synthetic rubbers.
Key Market Players:
- Indo-Nippon Chemical Co., Ltd.
- Acros Organics
News and Events:
- September 15, 2022: The price of DOP in China was valued at about CFR 1300.0 USD/tonne whereas in South Asia it was valued at CFR 1350.0 USD/tonne.
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