Propane Price History and Forecast Analysis | Provided by Procurement Resource
| Report Features | Details |
| Product Name | Propane |
| Molecular Weight | 44.1 g/mol |
| CAS Number | 74-98-6 |
| Industrial Uses | Adhesives and sealant chemicals, Adsorbents and absorbents, Fuels and fuel additives, Functional fluids (for both open and closed systems), Intermediates, Laboratory chemicals, Processing aids, specific to petroleum production, Propellants and blowing agents |
| Chemical Formula | C3H8 |
| Region/Countries Covered |
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| 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 |
Request for Real Time Propane Prices: https://www.procurementresource.com/resource-center/propane-price-trends/pricerequest
Propane, the third member of the paraffin series after methane and ethane, is an odourless, readily liquefiable gaseous hydrocarbon made of carbon and hydrogen. Propane has the chemical formula C3H6fg. It is commercially available as liquid propane or as a key component of liquefied petroleum gas after being isolated in significant amounts from natural gas, light crude oil, and oil-refinery gases.
With a boiling point of -42.1° C, propane easily liquefies under high pressures. As a result, it is moved around in tanks and cylinders as a liquid. It is very important as a fuel in this form, either by itself or combined with liquid butane, for both home and industrial usage as well as for internal combustion engines.
The propane-producing regions are Saudi Arabia, Qatar, the United States, and Algeria.
Key Details About the Propane 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 propane price, tomato puree price and thiram price etc. 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 propane 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 propane Price Trend:
Functional fluids for closed and open systems, laboratory chemicals, processing aids specifically for producing petroleum, sealant, adhesives chemicals, and blowing agents are the main industrial uses that have an impact on the price trend of propane.
Key Market Players:
• AmeriGas Propane, Inc.
• Royal Dutch Shell (Shell)
• Saudi Arabian Oil Co.
• GAIL (India) Limited
• China Petrochemical Corporation (SINOPEC)
News and Events:
• October 2021: The 2020 deal between Suburban Propane Partners LP and U-Haul to supply environmentally friendly and renewable propane in California has been extended., according to the company.
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- Propane-1,2-diol Price Trend – https://www.procurementresource.com/resource-center/propane-1-2-diol-price-trends
- Propanol Price Trend – https://www.procurementresource.com/resource-center/propanol-price-trends
- Propenal Price Trend – https://www.procurementresource.com/resource-center/propenal-price-trends
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 track 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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