Procurement Resource Analyses the Production Cost of Polylactic Acid in its New Report
Posted on 21 July, 2022 by Jolie Alexa
Procurement Resource Analyses the Production Cost of Polylactic Acid in its New Report
Analyses Overview of The New Production Cost Report of Polylactic 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 Polylactic 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, 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 Polylactic Acid production costs, looking into capacity expansions, plant turnarounds, mergers, acquisitions, and investments.
Product Definition:
The chemical formula of thermoplastic aliphatic polymer polylactic acid (PLA) is (C3H4O2) n. Polylactic acid is a biodegradable, semi-crystalline hydrophobic polymer with high mechanical properties.
Factors Impacting the Polylactic Acid Production Cost:
Polylactic acid is the most widely used bioplastic in terms of volume consumption. The government is taking steps to increase the use of biodegradable goods by offering subsidies and support. Pollution control and environmental safety are two of the main reasons why more and more stakeholders are turning to bioplastics instead of petroleum-based plastics. New manufacturing facilities in the packaging, textiles, and electronics sectors are being created as a result of technology advancements, technological transfer from industrialised nations, and increasing consumer demand in emerging countries. Polylactic acid demand from these sectors is a significant market development driver in emerging nations and hence, these reasons are anticipated to influence the manufacturing cost of Polylactic Acid.
Procurement Resource Assessment of Polylactic Acid Production:
The cost structure of polylactic acid manufacturing using the melt-phase polymerization process is presented in this report. Lactic acid is fermented from glucose or dextrose, which is subsequently oligomerized and depolymerized into lactide, a cyclic dimer of lactic acid. Polymerization of the lactide results in polylactic acid.
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 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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24 September, 2019