Procurement Resource Analyses the Production Cost of Methacrylic Acid in its New Report
Posted on 18 July, 2022 by Jolie Alexa
Procurement Resource Analyses the Production Cost of Methacrylic Acid in its New Report
Analyses Overview of The New Production Cost Report of Methacrylic Acid
The new report by Procurement Resource, a global procurement research, and consulting firm, looks in-depth into the costs involved in the production of Methacrylic Acid. 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 Methacrylic Acid production cost, looking into the capacity expansions, plant turnarounds, mergers, acquisitions, and investments.
Product Definition:
Methacrylic acid (MAA) is a kind of organic acid. It's a colorless, viscous liquid with a sour, bitter odor. Most organic solvents are miscible with it, and it is soluble in warm water. Methacrylic acid is produced in enormous quantities in the industry as a precursor to its esters, particularly methyl methacrylate (MMA) and poly-MMA. Methacrylic acid has a wide range of industrial applications, the most frequent of which are paints and adhesives. Roman chamomile, often known as Whig herb, is a natural source of MAA.
Factors Impacting the Methacrylic Acid Production Cost:
The growing demand for and use of methacrylic acid in the automotive and electronics sectors is the primary factor driving the market's growth rate. Growing infrastructure development and building activity, particularly in developing nations, will provide attractive growth possibilities for the methacrylic acid market. The demand for methacrylic acid will continue to rise as a result of rising industrialization and increased expenditure on research and development of glacial methacrylic acid. The rate of expansion of the methacrylic acid market will be aided by increased demand for bio-based methacrylic acid. However, the shorter storage life of methacrylic acid would further limit the market's potential growth. The high prices of purchasing methacrylic acid may further slow the market's development pace. The extremely corrosive nature of methacrylic acid will also serve as a growth limitation for the market.
Procurement Resource Assessment of Methacrylic Acid Production:
The production cost report by Procurement Resource assesses the production of Methacrylic Acid from Isobutylene or tert-Butanol via Oxidation. The oxidation of isobutylene or tert-butanol yields methacrylic acid in this process.
This paper also includes a full cost analysis of the manufacture of methacrylic acid from isobutane. In this method, isobutane is transformed to isobutylene via a catalytic dehydrogenation process, then isobutylene is oxidized to yield methacrylic acid.
A full cost analysis of the manufacture of methacrylic acid from acetone cyanohydrin is also described in the report. Using sulphuric acid, acetone cyanohydrin is converted to methacrylamide sulphate, which is then further hydrolyzed to yield methacrylic acid.
Finally, the dehydrogenation method for producing methacrylic acid from isobutyric acid is discussed in the research. Dehydrogenation of isobutyric acid yields methacrylic acid in this process.
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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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