The latest report titled “Citric acid manufacturing” by Procurement Resource, a global procurement research and consulting firm, provides an in-depth cost analysis of the manufacturing process of Citric acid.
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 Citric acid manufacturing process, that might influence Citric acid manufacturing cost, looking into capacity expansions, plant turnarounds, mergers, acquisitions, and investments.
Product Definition:
Citric acid or tribasic acid (C6H8O7) is a weak organic acid with a monoclinic crystal structure that looks like a white crystalline solid with no odour. The substance has an acidic taste and is usually found in fruits like lemons, oranges etc. It is available in two forms, monohydrate or water-free (anhydrous). It's a tricarboxylic acid that is propane-1,2,3-tricarboxylic acid bearing a hydroxy substituent at position 2. It has the function of a chelator, a food acidity regulator, an antimicrobial agent and a fundamental metabolite. The respective boiling and melting points of the acid are 310 °C and 153 °C.
Market Drivers:
The Citric Acid market finds application in a wide range of industries. In pharmaceutical preparations, the acid finds usage as an excipient due to its antioxidant properties. Furthermore, the acid can maintain the stability of active ingredients; it finds use as a natural preservative and a food additive which adds an acidic (sour) taste to foods and beverages. In addition, it is used for controlling the pH as an acidulant and plays the role of an anticoagulant by chelating calcium in the blood. It is also used to chelate metals, in soaps and laundry detergents, and a few household cleaning solutions since it can remove hard water stains from the glass without scrubbing. Other applications of the acid include its usage as an emulsifying agent in ice creams, an antioxidant, in shampoo in sucrose crystallization in caramel, as well as in food colouring.
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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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