Selenic acid Prices, Trends & Forecasts | Provided by Procurement Resource
Selenic acid, a colorless and highly corrosive oxidizing agent, is primarily used in synthesizing selenium compounds, along with trace analysis in laboratories. In the Asia Pacific, declining demand from green energy and automotive sectors, coupled with a surge in supply from China, has led to a slump in rare earth prices. China’s restrictions on rare earth mineral exports for domestic needs further exacerbated the scarcity. Reduced demand from downstream industries has also contributed to the declining price trend of selenic acid, reflecting a weak market influenced by these factors.
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Definition
Selenic acid (H2SeO4) is a colorless and highly corrosive chemical compound. It exhibits potent oxidizing properties, releasing toxic fumes when concentrated. This makes it a powerful oxidizing agent. Selenic acid is primarily used in the synthesis of selenium compounds like selenates and selenites, which find applications in various industries. Additionally, it is employed in analytical laboratories for detecting trace amounts of selenium. Due to its extreme reactivity and corrosiveness, strict safety measures are essential when handling selenic acid, as exposure can pose severe health risks.
Key Details About the Selenic acid 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 Selenic acid 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 Selenic acid Price Trend, including India Selenic acid price, USA Selenic acid 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 Selenic acid Price Trend:
Selenic acid (H2SeO4) is utilized in various industrial applications, albeit in a limited capacity due to its highly corrosive and toxic nature. Its primary use is in the synthesis of selenium compounds, particularly selenates and selenites, which have applications in industries like electronics, metallurgy, and glass manufacturing. Selenic acid plays a role in trace analysis, allowing the detection of minute quantities of selenium in analytical laboratories. Its applications extend to the production of some specialty chemicals and as an oxidizing agent in specific chemical reactions. While its uses are relatively niche, the importance of selenic acid in certain industries cannot be overlooked despite the need for strict safety precautions.
Key Players:
- Santa Cruz Biotechnology
- DNS Fine Chemicals & Laboratories
- FINETECH INDUSTRY LIMITED
- Hefei TNJ Chemical Industry
- Omkar Specialty Chemicals
- Strem Chemicals
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