Procurement Resource Analyses the Production Cost of Maleic Anhydride in its New Report

Posted on 15 July, 2022 by Jolie Alexa

Procurement Resource Analyses the Production Cost of Maleic Anhydride in its New Report

Analyses Overview of The New Production Cost Report of Maleic Anhydride

The new report by Procurement Resource, a global procurement research, and consulting firm, looks in-depth into the costs involved in the production of Maleic Anhydride. The comprehensive report analyses the production cost of the material, covering the raw material costs and co-product credit, equipment costs, land and site costs, labor wages, maintenance costs, financing charges, and depreciation costs. The extensive study describes the stepwise consumption of material and utilities along with a detailed process flow diagram. The report also assesses the latest developments within the industry that might influence Maleic Anhydride production cost, looking into the capacity expansions, plant turnarounds, mergers, acquisitions, and investments.

Product Definition:

Maleic Anhydride, a cyclic anhydride of maleic acid, is a white crystalline solid with an unpleasant odor that is produced as a liquid or gas. Its structure has two acid carbonyl groups and a double bond, making it suitable for a wide range of industrial uses. It is made up of natural malic acid. In the 1830s, maleic anhydride, and maleic and fumaric acids, were developed. Their commercial manufacture, however, did not commence until a century later.

Factors Impacting the Maleic Anhydride Production Cost:

Because of its molecular structure, MAN is a great crosslinking and conjunction agent. It is also found in industrial copolymers as a structural component. In terms of consumption, the United States dominates the North American market. The high demand for UPR and additives in buildings and structures, together with technical advancements in manufacturing methods, has been the primary driving force. The renovation of existing infrastructure is the primary driver of product demand. The government's initiatives to increase building energy efficiency are also helping to boost growth.

Procurement Resource Assessment of Maleic Anhydride Production:

The production cost report by Procurement Resource assesses the production of Maleic Anhydride from butane using the partial oxidation process. Butane combines with oxygen in a fluid-bed reactor in the presence of vanadium phosphate as a catalyst, then maleic anhydride is separated from the reactor effluent using a solvent-based recovery technique, yielding maleic anhydride.

A full-cost study of maleic anhydride synthesis from benzene is also included in this research. In this process, benzene combines with oxygen in a fixed-bed reactor in the presence of catalysts such as vanadium pentoxide and molybdenum trioxide, then maleic anhydride is separated from the reactor effluent using an aqueous-based recovery system, resulting in maleic anhydride.

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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 undertake 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. We 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. We also track the prices and production costs of an extensive range of goods and commodities, thus, providing you with the 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 which ensure their optimum growth.

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Reference Link: https://takeitcool.com/production-cost-of-maleic-anhydride/

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