Procurement Resource Analyses the Production Cost of Sodium Alginate in its New Report
Posted on 26 July, 2022 by Jolie Alexa
Procurement Resource Analyses the Production Cost of Sodium Alginate in its New Report
Analyses Overview of The New Production Cost Report of Sodium Alginate
The new report by Procurement Resource, a global procurement research, and consulting firm, looks in-depth into the costs involved in the production of Sodium Alginate. 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 Sodium Alginate production cost, looking into the capacity expansions, plant turnarounds, mergers, acquisitions, and investments.
Product Definition:
Not just in the food and beverage business, but also in other industries such as cosmetics, textiles, and printing, bio-based components are gaining appeal. The discovery of sodium alginate, a seaweed-derived substance that may be employed in a variety of applications, opened up new doors for plant-based excipient makers.
Factors Impacting the Sodium Alginate Production Cost:
The food and pharmaceutical sectors account for over half of the global market's revenue share for sodium alginate as a thickening and emulsifier. Regulations relating to the safety of its intake, on the other hand, are restricting its use in food and medicines. As people become more conscious of the harmful effects of salt on their health, sodium alginate is being phased out of culinary and medicinal uses. These factors are expected to impact the production cost of Sodium Alginate.
Procurement Resource Assessment of Sodium Alginate Production:
Procurement Resource's production cost study compares the cost of making sodium alginate using the alginic acid technique versus the calcium alginate method. Alginic acid is used in the manufacture of sodium alginate. Wet seaweed is diced and treated with dilute formalin to make a sodium alginate solution in this method. Sodium carbonate is then used to remove the sodium alginate solution from the seaweed residue. Alginate acid is made by adding hydrochloric acid to a sodium alginate solution and then removing the water. To make sodium alginate, alcohol is first added to alginic acid, followed by sodium carbonate. To obtain its powdered state, it is ultimately dried and processed. Similarly, in the sodium alginate synthesis process using the calcium alginate technique. To make sodium alginate solution, wet chopped brown algae is treated with weak formalin and sodium carbonate solution. To make sodium alginate, this solution is processed with calcium chloride, hydrochloric acid, and sodium carbonate. To make powdered sodium alginate, it is purified, dried, and milled in the last phase.
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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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17 January, 2019