Tricalcium phosphate prices in Asia surged in Q1 2023 due to heightened production rates across end-user industries and low inventory levels. However, Q2 saw a significant decline as demand, downstream industry support, and overall market dynamics weakened. In Europe, Q1 was favorable with high demand and exports, driven by improved consumption and offtakes from overseas sectors. Yet, Q2 witnessed falling international industry movement, high inventories, and compromised trading, leading to price decreases. Similarly, North America experienced Q1 price increase due to restricted supply, strong offtakes, and limited inventories. Q2 saw a decline due to weak downstream activity and economic instability.
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Definition
Tricalcium phosphate is a calcium salt with the chemical formula Ca₃(PO₄)₂. It is a white, odorless powder that contains calcium and phosphorus, essential minerals for bone health and various physiological functions. Tricalcium phosphate is commonly used as a nutritional supplement and food additive to enhance calcium and phosphorous intake. In addition, it finds application in the pharmaceutical and cosmetic industries. Its insolubility in water ensures gradual mineral release in the body. Due to its biocompatibility and role in bone regeneration, it is used in medical implants and dental products.
Key Details About the Tricalcium Phosphate 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 Tricalcium Phosphate 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 Tricalcium Phosphate Price chart, including India Tricalcium Phosphate price, USA Tricalcium Phosphate 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 the Tricalcium phosphate Price Trend:
Tricalcium phosphate finds diverse industrial applications due to its beneficial properties. In the food industry, it serves as a nutritional supplement, fortifying products with essential calcium and phosphorous. Its use extends to pharmaceuticals, where it acts as a tablet binder and filler in medications. Tricalcium phosphate is utilized in cosmetics and personal care products as an abrasive in toothpaste and as an anti-caking agent in cosmetics. In the agricultural sector, it's employed as a fertilizer and animal feed additive, enhancing phosphorous content in soil and promoting livestock health. Its versatility across industries highlights its significance in various manufacturing processes.
Key Players:
- Innophos
- Natural Enrichment Industries
- ICL Performance Products
- Prayon S.A.
- Lianyungang Debang Fine Chemicals Co Ltd
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