The latest report titled “Ethyl Cyanoacetate Production” by Procurement Resource, a global procurement research and consulting firm, provides an in-depth cost analysis of the production process of Ethyl Cyanoacetate.
Procurement Resource study is based on the latest prices and other economic data available. It also offers additional analysis of the report with detailed breakdown of all cost components (capital investment details, production cost details, economics for another plant location, dynamic cost model). In addition, the report incorporates the production process with detailed process and material flow, capital investment, operating costs along with financial expenses and depreciation charges.
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Procurement Resource’s detailed report describes the stepwise consumption of material and utilities along with a detailed process flow diagram. Furthermore, the study assesses the latest developments within the industry that might influence Ethyl Cyanoacetate production cost, looking into capacity expansions, plant turnarounds, mergers, acquisitions, and investments.
Procurement Resource Assessment of Ethyl Cyanoacetate Production Process:
- From Chemical Reaction between Esterification of Cyanoacetic Acid with Ethanol: This report presents the detailed production methodology and cost analysis of Ethyl Cyanoacetate industrial production across Ethyl Cyanoacetate manufacturing plants. The production process initiates with the chemical interaction of sodium cyanide and chloroacetic acid, yielding cyanoacetic acid as an intermediary compound. Subsequently, this intermediate undergoes esterification, ultimately leading to the formation of ethyl cyanoacetate as the final product.
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Product Definition:
Ethyl cyanoacetate is a chemical compound with the molecular formula C5H7NO2. It is derived through the esterification of cyanoacetic acid, involving the reaction of sodium cyanide and chloroacetic acid. This clear, colorless liquid belongs to the family of cyanoacetates and is characterized by its cyano and ester functional groups. Ethyl cyanoacetate finds application as a versatile building block in organic synthesis, particularly in the production of pharmaceuticals, agrochemicals, and other specialty chemicals. Its chemical structure makes it valuable for forming diverse compounds through various reactions, contributing to its significance in the synthesis of complex organic molecules. However, handling precautions are necessary due to its potential health and safety considerations.
Market Drivers:
The market demand for ethyl cyanoacetate is propelled by its crucial role as a versatile intermediate in organic synthesis. As a key building block in the production of pharmaceuticals, agrochemicals, and specialty chemicals, ethyl cyanoacetate is integral to various industries. The pharmaceutical sector, in particular, benefits from its use in synthesizing complex organic molecules, contributing to drug development. Additionally, its application in agrochemical formulations, essential for crop protection and enhancement, further drives market growth. The continuous expansion and innovation within these industries, coupled with a growing global population, amplify the need for ethyl cyanoacetate. As research and development efforts persist, the compound’s significance in organic synthesis ensures sustained demand, making it a crucial component in the synthesis of diverse chemical compounds.
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