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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 is a white, crystalline compound with the chemical formula C6H10O4. It is a dicarboxylic acid since it has two carboxylic acid functional groups. This acid has a somewhat sour flavor and is soluble in water and many organic solvents. It has a melting and boiling point range between 152-154 °C and 337 °C, respectively. It is generally non-toxic and suitable for use as a food additive. Adipic acid is primarily utilized in producing nylon, a flexible synthetic polymer used in various items like textiles, carpets, and auto parts. Cyclohexanone and nitric acid are combined to create commercial adipic acid. The resulting mixture of cyclohexanone and cyclohexanone oxime is converted into adipic acid through a series of chemical reactions.
Market Drivers:
The market for adipic acid is primarily driven by nylon, which is its main end-use application. Nylon is a malleable synthetic polymer utilized in various goods, including clothes, carpeting, automotive components, and packaging. Another significant market aspect is the growth of the automobile industry. It is used to make a variety of automotive components, including airbag fabric, seat textiles, and engine covers. The industry is predicted to be fueled by increasing polyurethane demand as well. Adipic acid is a necessary raw element in producing polyurethanes, which are used in various products like furniture, building, and insulation. The food and beverage industry has a major impact on the sector. This acid is used as a flavouring component and pH regulator in several foods and beverages. The growth of the food and beverage sector, particularly in emerging economies, is projected to fuel the need for adipic acid in the following years.
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.
Read Also: https://procurementresource.blogspot.com/2023/06/2-ethylhexyl-acrylate-prices-trends.html
About Us:
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.
Procurement Resource work with a diverse range of procurement teams across industries to get real-time data and insights that can be effectively implemented by our customers. As a team of experts, we also track the prices and manufacturing costs of an extensive range of goods and commodities, thus, providing you with updated and reliable data.
We, at Procurement Resource, with the help of the latest and cutting-edge techniques in the industry, help our clients understand the supply chain, procurement, and industry climate so that they can form strategies that ensure their optimum growth.
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