Benzene, Phosphate, and Phenol – New Procurement Research Reports Now Available From SpendEdge

Benzene, Phosphate, and Phenol – New Procurement Research Reports (Graphic: Business Wire)

LONDON--()--SpendEdge, a global procurement intelligence advisory firm, has launched three procurement research reports on the ‘chemicals’ category. To help clients understand the current supply landscape of the chemicals sector, analysts have covered reports such as ‘Benzene Procurement Research Report’, ‘Phosphate Procurement Research Report’, and ‘Phenol Procurement Research Report’.

Global Benzene Category - Procurement Market Intelligence Report:

The growth of the benzene market can be attributed to the high demand from end-user segments such as steel, textiles, and packaging. Also, the growth in the production capacities of benzene derivatives such as caprolactam, acetone, styrene monomer, and MDI have led to an increase in demand from end-use sectors of these chemicals which will augment the demand for benzene over the forecast period.

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Benzene - Procurement Challenges:

  • The challenges in understanding cost-saving opportunities.
  • Difficulties in overcoming the risks in production.

To overcome the above-mentioned procurement challenges, the buyers in this market should identify and engage with suppliers after evaluating their analytical capabilities. This helps the buyers in ensuring the quality and accuracy of managing storage conditions. Also, the buyers prefer to engage in strategic partnerships with suppliers as it helps them understand cost-saving opportunities in suppliers' supply chain.

This report is available at a discount for a limited time only: View the report snapshot before purchasing

Global Phosphate Category - Procurement Market Intelligence Report:

The growth of the phosphate market can be attributed to the rapid developments in the meat and dairy sector. Phosphate helps in improving the texture of meat during storage and also aids in stabilization of its pH value this is the reason for its high demand from the meat and dairy sector. Also, phosphorous is a key nutrient in crop production and crops rely on phosphorous for proper growth, photosynthesis, and cell division.

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Phosphate - Procurement Challenges:

  • The decline in phosphate exports from China.
  • Difficulties in predicting demand-supply dynamics.

To overcome the above-mentioned procurement challenges, the buyers in this market should identify and engage with suppliers that possess large production capacities and strong inventories; this ensures a steady availability of raw materials. The buyers should also collaborate with suppliers to monitor phosphate market dynamics; this will help them gauge the impact of factors such as changes in export laws and environmental laws.

This report is available at a discount for a limited time only: View the report snapshot before purchasing

Global Phenol Category - Procurement Market Intelligence Report:

The growth of the phenol market can be attributed to the rise in adoption of phenol by various end-user segments such as the automotive, agrochemical, and construction industries. Also, phenol is a key raw material used in the manufacture of end-use applications such as pesticides, plywood, and automobile parts.

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Phenol – Procurement Challenges:

  • The volatility in raw material prices.
  • The losses arising from the volatility in market prices.

To overcome the above-mentioned procurement challenges, the buyers in this market space should engage with suppliers that use forward contracts and hedging to reduce the risks associated with volatility in the prices of phenol; this will help them avoid losses arising from the volatility in market prices.

This report is available at a discount for a limited time only: View the report snapshot before purchasing

To view our complete portfolio of chemicals procurement research reports, visit: https://www.spendedge.com/store/industries/chemicals

About SpendEdge

SpendEdge shares your passion for driving sourcing and procurement excellence. We are a preferred procurement intelligence partner for Fortune 500 firms and other leading companies across numerous industries. Our strength lies in delivering robust, real-time procurement market intelligence that helps sourcing and procurement professionals make informed decisions. These innovative procurement solutions help enterprises transform structural capabilities, improve execution efficiency, and fast-track time to savings.

Contacts

SpendEdge
Shilpa Balakrishnan
US: +1 (844) 746-0600
hello@spendedge.com

Release Summary

SpendEdge announces the release of their reports on the Chemicals Sector.

Contacts

SpendEdge
Shilpa Balakrishnan
US: +1 (844) 746-0600
hello@spendedge.com