The latest report titled “Adipic acid manufacturing” by Procurement Resource, a global procurement research and consulting firm, provides an in-depth cost analysis of the manufacturing process of Tomato paste.
Procurement Resource study is based on the latest prices and other economic data available. It also offers additional analysis of the report with detailed breakdown of all cost components (capital investment details, manufacturing cost details, economics for another plant location, dynamic cost model). In addition, the report incorporates the manufacturing process with detailed process and material flow, capital investment, operating costs along with financial expenses and depreciation charges.
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Procurement Resource’s detailed report describes the stepwise consumption of material and utilities along with a detailed process flow diagram. Furthermore, the study assesses the latest developments within the industry, including Adipic acid manufacturing process, that might influence Adipic acid manufacturing cost, looking into capacity expansions, plant turnarounds, mergers, acquisitions, and investments.
Product Definition:
Adipic acid has the chemical formula C6H10O4 and is a white crystalline substance. It has two carboxylic acid functional groups, making it a dicarboxylic acid. This acid is soluble in water and many organic solvents and has a mildly sour flavor. It has a boiling point of 337 °C and its melting point ranges 152-154 °C. It is generally regarded as safe for use as a food additive and is thought to be non-toxic. Nylon, a flexible synthetic polymer used in various products like textiles, carpets, and automobile parts, is largely produced using adipic acid. Commercial adipic acid is made by reacting cyclohexanone with nitric acid. Following a series of chemical processes, the resultant mixture of cyclohexanone and cyclohexanone oxime is transformed into adipic acid.
Market Drivers:
The major end-use application of adipic acid, nylon, predominantly drives the market for the substance. Nylon is a flexible synthetic polymer used in various products, such as clothing, carpeting, auto parts, and packaging. As a result, the development and success of these sectors directly affect the need for this acid. The expansion of the automotive sector is another important market factor for adipic acid. Various automobile parts, such as engine covers, seat textiles, and airbag fabric, are made using it. The demand for adipic acid is anticipated to increase in the upcoming years due to the expansion of the automotive sector in developing nations like China and India. The market is also anticipated to be driven by the rising demand for polyurethanes.
The synthesis of polyurethanes, which are utilized in various applications such as furniture, construction, and insulation, requires adipic acid as a crucial raw material. The sector is also significantly influenced by the food and beverage sector. This acid is utilized in a variety of food and beverage items as a flavoring ingredient and pH regulator. In the upcoming years, the demand for adipic acid is anticipated to be driven by the expansion of the food and beverage industry, particularly in emerging economies.
Looking for an exhaustive and personalised report that could significantly substantiate your business?
Although Procurement Resource leaves no page unfurled in terms of the rigorous research for the commodities that make the heftiest base of your business, we incline more towards tailoring the reports per your specificities. All you need is one-to-one consulting with our seasoned consultants to comprehend the prime parameters you are looking to pin your research on.
Some of the common requests we receive from our clients include:
- Adapting the report to the country/region where you intend to establish your plant.
- Adjusting the manufacturing capacity of the plant according to your needs.
- Customizing machinery suppliers and costs to meet your requirements.
- Providing additional information to the existing scope based on your needs.
Also Read: https://procurementresource.blogspot.com/2023/05/ammonia-manufacturing-cost-analysis.html
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Procurement Resource ensures that our clients remain at the vanguard of their industries by providing actionable procurement intelligence with the help of our expert analysts, researchers, and domain experts. Our team of highly seasoned analysts undertakes extensive research to provide our customers with the latest and up-to-date market reports, cost models, price analysis, benchmarking, and category insights, which aid in simplifying the procurement process for our clientele.
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