Naproxen Sodium Prices, Trends & Forecasts | Provided by Procurement Resource

Definition

Naproxen Sodium is a chemical compound with the molecular formula C7H7NO2. It exists in three isomeric forms: ortho-Naproxen sodium, meta-Naproxen sodium, and para-Naproxen sodium. It is a pale-yellow liquid with a distinct odor and is primarily used as an intermediate in the production of dyes, pigments, pharmaceuticals, and explosives. Naproxen sodium’s properties include its role as a precursor for various chemical reactions and its hazardous nature, requiring careful handling and storage.

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Key Details About the Naproxen Sodium Price Trend:

In the first two quarters of 2023, Naproxen Sodium prices showed different trends in different regions. In Asia, the prices increased due to rising orders from domestic end-user sectors and increased market activities in China. In Europe, prices initially rose due to local market demand but later declined steeply. In North America, prices rose in the first quarter due to high domestic orders and eased trade regulations but declined in the second quarter due to market slowdown and high-cost inputs from China. Overall, regional factors influenced the price trajectory of Naproxen Sodium during this period.

Industrial Uses Impacting the Naproxen Sodium Price Trend:

Naproxen Sodium finds various industrial applications due to its versatility as an intermediate chemical. It is primarily used in the production of dyes and pigments, where its different isomeric forms are employed to create a wide range of colors. Additionally, Naproxen Sodium derivatives serve as essential intermediates in the synthesis of pharmaceutical compounds, including various medicines and agrochemicals. Another crucial industrial use lies in the manufacture of explosives, such as triNaproxen Sodium (TNT), where Naproxen Sodium plays a vital role as a precursor.

Key Players:

  • Tianxin Pharmaceutical
  • Nhwa Pharmaceutical
  • Huazhong Pharma
  • Taj Pharmaceuticals Limited
  • Charioteer Pharmaceutical
  • Divis Laboratories
  • Kirsch Pharma GmbH

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