The latest report titled “Phthalic anhydride Production Cost Report” by Procurement Resource, a global procurement research and consulting firm, provides an in-depth cost analysis of the production process of Phthalic anhydride.
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, production cost details, economics for another plant location, dynamic cost model). In addition, the report incorporates the production 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 that might influence Phthalic anhydride production cost, looking into capacity expansions, plant turnarounds, mergers, acquisitions, and investments.
Procurement Resource Assessment of Phthalic anhydride Production Process:
1.Phthalic anhydride Production Via Oxidation of O-xylene or Naphthalene: This report presents the detailed production methodology and cost analysis of Phthalic anhydride industrial production across Phthalic anhydride manufacturing plants. The catalytic oxidation of o-xylene or naphthalene leads to the production of phthalic acid along with aldehydes as by-products. The precursors are added to a reactor and hydrocarbons and air is then passed through it. The final product is extracted via solvent extraction method or direct sublimation.
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Product Definition:
Phthalic anhydride has the chemical formula C8H4O3. It is an odorless, crystalline organic compound. Phthalic anhydride plasticizers are extensively utilized in the production of polyvinyl chloride and other products. The anhydride has a high melting point which enables its usage in high-temperature conditions. It also had high solubility in organic solvents but is only borderline soluble in water. It is also used in the production of phthalic esters, which are used as plasticizers to increase the flexibility and durability of plastics. This anhydride is also a potential irritant and allergen and has been linked to various respiratory and skin sensitization problems. The disposal of phthalic anhydride and its byproducts has also raised concerns about their impact on ecosystems and human health.
Market Drivers:
Phthalic acid or 1,2-benzenedicarboxylic acid plays a significant role in the production of various products. One of the major market drivers of this compound is the plasticizers industry. It is a crucial precursor in the manufacturing of phthalate plasticizers. These are used in construction, automotive, and consumer goods industries to enhance the flexibility and durability of plastics. It is also utilized in the production of polyvinyl chloride, which is a versatile material extensively used in construction appliances such as pipes, fittings, flooring, and insulation. Phthalic acid is a central compound in the production of polyester resins which are employed in the manufacturing of textiles, packaging films, and beverage bottles. It is also utilized in the manufacturing of dyes, pigments, and pharmaceuticals that contribute towards the market growth of the product.
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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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