Procurement Resource Analyses the Production Cost of Nicotinamide in its New Report
Posted on 19 July, 2022 by Jolie Alexa
Procurement Resource Analyses the Production Cost of Nicotinamide in its New Report
Analyses Overview of The New Production Cost Report of Nicotinamide
The new report by Procurement Resource, a global procurement research, and consulting firm, looks in-depth into the costs involved in the production of Nicotinamide. 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, labour 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 Nicotinamide production cost, looking into capacity expansions, plant turnarounds, mergers, acquisitions, and investments.
Product Definition:
Niacinamide, also known as Nicotinamide, is a kind of vitamin B3 that may be found in foods and in addition is used as a dietary supplement and medicine. It is taken orally as a supplement to prevent and cure pellagra. While nicotinic acid can be used for this, niacinamide is preferable because it does not cause skin flushing.
Factors Impacting the Nicotinamide Production Cost:
Diabetes mellitus, cardiovascular disease, and vitamin deficiencies are all on the rise across the world. Cost-effective and complementary therapy is necessary to address these issues. Diabetes is now classed as vascular disease, and the expense of treating and managing the microvascular component, particularly in impoverished countries, is a significant issue. Niacinamide, commonly known as nicotinamide, is a vitamin that is also a component of co-enzymes present in mammalian systems. Nicotinamide is a vitamin B complex component. Moreover, it is water-soluble in most cases. The symptoms of nicotinamide deficiency include weakness, dyspepsia, lassitude, anorexia, and irritability, which can progress to diarrhoea and dementia. These factors are expected to impact the production cost of Nicotinamide.
Procurement Resource Assessment of Nicotinamide Production:
The report offers a thorough examination of the economics of nicotinamide manufacture from 2-methyl-1,5-pentanediamine (MPDA). A procedure comparable to the Lonza Process is utilised for manufacture. 3- MPDA is the source of picoline. This is subsequently reacted to generate a 3-cyanopyridine intermediate, which is hydrolyzed to produce Nicotinamide.
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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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