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HomeBusinessPraseodymium oxide Price Trends & Forecasts | Provided by Procurement Resource

Praseodymium oxide Price Trends & Forecasts | Provided by Procurement Resource

Praseodymium oxide is a rare earth oxide with the chemical formula Pr2O3. The oxide is a solid, crystalline compound with a pale-yellow appearance. The oxide also has high thermal stability and corrosion resistance. Praseodymium oxide is majorly employed in the production of ceramics for application in solid oxide fuel cells, glass, and glass additives.

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The oxide also acts as a catalyst in various chemical reactions. The oxide also has optical properties making it useful in the production of glasses and optical fibers. The oxide further finds applications in electronics, energy production and optical industries.

Key Details About the Praseodymium oxide 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 Praseodymium oxide 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 Praseodymium oxide Price chart, including India Iron price, USA Iron 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 Praseodymium oxide Price Trend:

Price Trend

The Praseodymium oxide finds its uses in various industries majorly due to its unique properties. The primary use of this oxide is in the ceramic industry. The ceramic industry produces ceramics that use this oxide in its production for its application in solid oxide fuel cells. These cells are highly efficient devices used in electricity production. Another significant market use of this oxide is in the glass industry. The glass industry utilizes this oxide as an additive for the manufacturing of specialty glasses and optical fibers. This oxide showcases suitable optical properties such as light absorption and emission making it a popular choice in the optical market. In certain chemical reactions, the oxide also acts as a catalyst. It speeds up the rate and efficiency of the chemical reaction. The processes that usually employ this oxide as a catalyst are petroleum refining and catalytic converters in automobile exhaust systems.

Key Players:

  • BASF
  • Dow
  • Eastman
  • Oxea
  • Sasol
  • Wu Jiang Chemical
  • Zibo Nalcohol Chemical

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.

Contact Us:

Company Name: Procurement Resource
Contact Person: Jorge Garcia
Email: sales@procurementresource.com
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