Dipotassium EDTA Prices December 2023
Product
|
Category |
Region |
Price |
Dipotassium EDTA |
Specialty Chemical |
India |
3058 USD/MT (Dipotassium EDTA 98%) |
The price of dipotassium EDTA in India for Q4 2023 reached 3058 USD/MT (Dipotassium EDTA 98%) in December. The market experienced constrained progress fueled by minimal growth and weak demand from various downstream industries. This primarily happened due to substantial stockpiling by domestic manufacturers and local suppliers, causing hesitancy in placing substantial orders. Apart from this, diminished export opportunities and declining international demand exerted additional pressure on the persisting inventories, thereby contributing to the overall fragility and consolidation of the market. Moreover, upon conducting a country-specific analysis, it was seen that India experienced a decline in dipotassium EDTA prices in the fourth quarter. Excessive market volume of raw materials like corn starch further decreased the prices in the country.
Dipotassium EDTA Price Trend, Market Analysis, and News
IMARC’s newly published report, titled “Dipotassium EDTA Pricing Report 2024: Price Trend, Chart, Market Analysis, News, Demand, Historical and Forecast Data,” offers an in-depth analysis of dipotassium EDTA pricing, covering an analysis of global and regional market trends and the critical factors driving these price movements.
It encompasses an in-depth review of spot price of dipotassium EDTA at major ports, a breakdown of prices including Ex Works, FOB, and CIF, alongside a region-wise dissection of dipotassium EDTA price trend across North America, Europe, Asia Pacific, Latin America, the Middle East and Africa.
The report examines the elements influencing dipotassium EDTA price fluctuations, such as changes in raw material costs, supply-demand dynamics, geopolitical factors, and industry-specific developments. Additionally, it integrates the latest market news, providing stakeholders with up-to-date information on market shifts, regulatory changes, and technological advancements, thereby offering a comprehensive overview that aids in strategic decision-making and forecasting.
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Dipotassium EDTA Market Analysis
The global dipotassium EDTA market size reached 26.2 Thousand Tons in 2023. By 2032, IMARC Group expects the market to reach 36 Thousand Tons, at a projected CAGR of 3.62% during 2023-2032.
- Dipotassium EDTA is widely utilized in the cosmetic industry to produce various personal care products like shampoos, conditioners, soaps, and lotions. It is primarily added into these products to improve stability and prevent deterioration by attaching with metal ions that can be present in the formulation of these products. Moreover, dipotassium EDTA improves the clarity of liquid products, prevents rancidity, and stabilizes the fragrance and overall texture of personal care products. Individuals are increasingly becoming conscious of the products they apply on their skin and seeking effective yet safe personal products. According to the IMARC Group, the beauty and personal care products market is expected to reach US$ 759.3 Billion by 2032, exhibiting a growth rate (CAGR) of 4.5% during 2024-2032.
- In the pharmaceutical sector, dipotassium EDTA is employed as a chelating agent in various medications. It assists in stabilizing various medicine formulations by binding the trace metals that are responsible for catalyzing unwanted chemical reactions, potentially destroying the effectiveness of active pharmaceutical ingredients (APIs). Furthermore, the increasing occurrence of various chronic diseases like diabetes and cardiovascular complications is driving the demand for frequent blood tests, where dipotassium EDTA is required for preventing the clotting of blood and preserving blood samples for analysis. As per the World Health Organization (WHO), noncommunicable diseases (NCDs) are the leading cause of death world. This is increasing the awareness among the masses about conducting regular blood tests to prevent these diseases.
- The increasing utilization of dipotassium EDTA in the agricultural sector as a micronutrient is propelling the growth of the market. It is required to deliver essential metals like iron, copper, and zinc in a chelated form that can be easily absorbed by the plants. Moreover, the rising demand for food to feed the growing population worldwide is driving the demand for various micronutrients like dipotassium EDTA to improve crop yield. According to the United Nations (UN), on 15th November 2022, the world's population was recorded as 8 billion people. This further imposed pressure on farmers to increase their crop yield to provide adequate food for everyone.
Dipotassium EDTA News
The report covers the latest developments, updates, and trends impacting the global dipotassium EDTA market, providing stakeholders with timely and relevant information. This segment covers a wide array of news items, including the inauguration of new production facilities, advancements in dipotassium EDTA production technologies, strategic market expansions by key industry players, and significant mergers and acquisitions that impact the dipotassium EDTA price trend.
Latest developments in the dipotassium EDTA industry:
- February 2024: Balaji Specialty Chemicals received a Mega Project Status from the Industries, Energy and Labour Department, Government of Maharashtra with a proposed investment of Rs. 750 crores for various products, including Hydrogen Cyanide (HCN) & Sodium Cyanide (NaCN) 30% (Solution) and Sodium Cyanide (NaCN) 100% (Solid).
Product Description
Dipotassium ethylenediaminetetraacetate (EDTA) is a chemical compound that acts as a chelating agent and is created to bind and sequester metal ions. It effectively forms multiple bonds with a single metal ion, thereby neutralizing the ability of the ion to participate in further chemical reactions.
It is employed in the food and beverage (F&B) industry as a preservative and stabilizer as it helps to protect various consumable products from discoloration and rancidity due to metal catalysis. It is also employed in water treatment processes where it prevents scale formation and corrosion in boilers and pipes by chelating metal ions. It is adopted in the agricultural industry as a micronutrient to improve crop yield. It is often integrated into various personal care products like shampoo, soap, and lotions to stabilize their fragrance and texture.
Regional Coverage
The report provides a detailed analysis of the dipotassium EDTA market across different regions, each with unique pricing dynamics influenced by localized market conditions, supply chain intricacies, and geopolitical factors. This includes price trends, price forecast and supply and demand trends for each region, along with spot prices by major ports. The report also provides coverage of ex-works, FOB, and CIF prices, as well as the key factors influencing the dipotassium EDTA price trend.
Global Dipotassium EDTA Price
The report offers a holistic view of the global dipotassium EDTA pricing trends in the form of dipotassium EDTA price charts, reflecting the worldwide interplay of supply-demand balances, international trade policies, and overarching economic factors that shape the market on a macro level. This comprehensive analysis not only highlights current price of dipotassium EDTA but also provides insights into historical price trends, enabling stakeholders to understand past fluctuations and their underlying causes.
The report also delves into price forecast models, projecting future price movements based on a variety of indicators such as expected changes in supply chain dynamics, anticipated policy shifts, and emerging market trends. By examining these factors, the report equips industry participants with the necessary tools to make informed strategic decisions, manage risks, and capitalize on market opportunities. Furthermore, it includes a detailed dipotassium EDTA demand analysis, breaking down regional variations and identifying key drivers specific to each geographic market, thus offering a nuanced understanding of the global pricing landscape.
Europe Dipotassium EDTA Price
The European region has experienced fluctuations in the pricing of dipotassium EDTA, primarily owing to a notable decline in the overall need for dipotassium EDTA. This reduction in demand caused a subsequent decline in market prices. Furthermore, the weakened import prospects and declining international market need imposed additional pressure on existing inventories, causing an overall fragility and consolidation of the domestic market.
This analysis can be extended to include detailed dipotassium EDTA price information for a comprehensive list of countries.
Region |
Countries Covered |
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, among other European countries. |
North America Dipotassium EDTA Price
In North America, the dipotassium EDTA market witnessed price fluctuations primarily due to a noticeable decline in overall demand for the product during the last quarter. This decline in need resulted in a subsequent reduction in market prices. Moreover, weak import prospects and declining international market demand imposed additional pressure on existing inventories, leading to an overall fragility and consolidation of the domestic market.
Specific dipotassium EDTA historical data within the United States and Canada can also be provided.
Region |
Countries Covered |
North America |
United States and Canada |
Middle East and Africa Dipotassium EDTA Price
The report explores the dipotassium EDTA pricing trends in the Middle East and Africa, considering factors like regional industrial growth, the availability of natural resources, and geopolitical tensions that uniquely influence market prices.
In addition to region-wise data, information on dipotassium EDTA prices for countries can also be provided.
Region |
Countries Covered |
Middle East & Africa |
Saudi Arabia, UAE, Israel, Iran, South Africa, Nigeria, Oman, Kuwait, Qatar, Iraq, Egypt, Algeria, and Morocco, among other Middle Eastern and African countries. |
Asia Pacific Dipotassium EDTA Price
The dipotassium EDTA pricing in the Asia Pacific region underwent notable fluctuations during the fourth quarter of 2023. The overall landscape was marked by declining demand, excessive inventory accumulation, and excessive competition, causing a downward pricing trend. The market experienced constrained progress, characterized by minimum growth and demand from downstream industries.
This dipotassium EDTA price analysis can be expanded to include a comprehensive list of countries within the region.
Region |
Countries Covered |
Asia Pacific |
China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Thailand, South Korea, Malaysia, Nepal, Taiwan, Sri Lanka, Hongkong, Singapore, Australia, and New Zealand, among other Asian countries. |
Latin America Dipotassium EDTA Price
The analysis of dipotassium EDTA prices in Latin America provides a detailed overview, reflecting the unique market dynamics in the region influenced by economic policies, industrial growth, and trade frameworks.
This comprehensive review can be extended to include specific countries within the region.
Region |
Countries Covered |
Latin America |
Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru, among other Latin American countries. |
Report Coverage
Key Attributes |
Details |
Product Name |
Dipotassium EDTA |
Report Features |
Exploration of Historical Trends and Market Outlook, Industry Demand, Industry Supply, Gap Analysis, Challenges, Dipotassium EDTA Price Analysis, and Segment-Wise Assessment. |
Currency/Units |
US$ (Data can also be provided in local currency) or Metric Tons |
Region/Countries Covered |
The current coverage includes analysis at the global and regional levels only.
Based on your requirements, we can also customize the report and provide specific information for the following countries:
Asia Pacific: China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Thailand, South Korea, Malaysia, Nepal, Taiwan, Sri Lanka, Hongkong, Singapore, 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*
Middle East & Africa: Saudi Arabia, UAE, Israel, Iran, South Africa, Nigeria, Oman, Kuwait, Qatar, Iraq, Egypt, Algeria, and Morocco*
*The list of countries presented is not exhaustive. Information on additional countries can be provided if required by the client. |
Information Covered for Key Suppliers |
- Company Overview
- Business Description
- Product Portfolio
- Recent Trends and Developments
|
Customization Scope |
The report can be customized as per the requirements of the customer |
Report Price and Purchase Option |
Plan A: Monthly Updates - Annual Subscription
- Scope
- Historical Data for the Current Month
- Forecast for Next Month
- Total Deliverables Per Year: 12 (One Per Month)
- Includes: One PDF and Excel datasheet per month, Post Purchase Analyst Support throughout the year
Plan B: Quarterly Updates - Annual Subscription
- Scope
- Historical Data for the Current Quarter
- Forecast for Next Quarter
- Total Deliverables Per Year: 4 (One Per Quarter)
- Includes: One PDF and Excel datasheet per Quarter, Post Purchase Analyst Support throughout the year
Plan C: Biannually Updates - Annual Subscription
- Scope
- Historical Data for the Current Half
- Forecast for the Next Half
- Total Deliverables Per Year: 2 (One Per 6 Months)
- Includes: One PDF and Excel datasheet per Half, Post Purchase Analyst Support throughout the year
|
Post-Sale Analyst Support |
360-degree analyst support after report delivery |
Delivery Format |
PDF and Excel through email (We can also provide the editable version of the report in PPT/Word format on special request) |
Key Benefits for Stakeholders:
- IMARC’s report presents a detailed analysis of dipotassium EDTA pricing, covering global and regional trends, spot prices at key ports, and a breakdown of Ex Works, FOB, and CIF prices.
- The study examines factors affecting dipotassium EDTA price trend, including raw material costs, supply-demand shifts, geopolitical impacts, and industry developments, offering insights for informed decision-making.
- The competitive landscape review equips stakeholders with crucial insights into the latest market news, regulatory changes, and technological advancements, ensuring a well-rounded, strategic overview for forecasting and planning.
- IMARC offers various subscription options, including monthly, quarterly, and biannual updates, allowing clients to stay informed with the latest market trends, ongoing developments, and comprehensive market insights. The dipotassium EDTA price charts ensure our clients remain at the forefront of the industry.