Petroleum Jelly or petrolatum (C15H15N) is a gel-like substance that is composed of mineral oils and waxes, which are chemically called a hydrocarbon mix, specifically the paraffin series. The product is a petroleum-derived by-product produced from crude oil. It appears to be a translucent, yellow/amber or white gel that has no taste or odour.
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It has various advantages, which can be attributed to its feedstock petroleum, such as cuts, healing minor scrapes and burns, working like a makeup remover, as a face moisturiser, controlling rashes, preventing split ends, as a lubricating agent and others. Its respective melting, boiling, and flash point are 70-80 °C, 322 °C, and 198 °C.
Key Details About the Petroleum Jelly 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 Petroleum Jelly 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 Petroleum Jelly Price chart, including India Petroleum Jelly price, USA Petroleum Jelly 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 Petroleum Jelly Price Trend:
The Petroleum Jelly Price Trend indicates fluctuations in the cost of petroleum jelly over time. Its primary use lies in pharmaceutical and medical applications, serving as a protective dressing and replacing fats in ointments and cosmetics. Additionally, it is utilized in various polishes, rust preventives, modelling clay, and lubricating greases. In personal care and cosmetic products, it acts as a moisturizing agent in baby care, moisturizers, conditioners, lip balms, etc., contributing to the growth in demand. Furthermore, it is a key ingredient in the production of popular products like Vaseline, Aquaphor, Neosporin, etc. Analyzing the Petroleum Jelly Price Index, Price Trend, Petroleum Jelly Price Chart, and Petroleum Jelly Price Graph can provide insights into market dynamics and pricing patterns.
Key Players:
- Sasol Limited
- Unilever PLC
- Unisynth Oil Refinery India Ltd. (Unisynth Group)
- Raj Petro Specialities Pvt. Ltd
- Sonneborn LLC
- Eastern Petroleum Pvt. Ltd
- Unicorn Petroleum Industries Pvt. Ltd
- Kerax Limited
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