The latest report titled “Monopotassium Phosphate Production” by Procurement Resource, a global procurement research and consulting firm, provides an in-depth cost analysis of the production process of Monopotassium Phosphate.
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 Monopotassium Phosphate production cost, looking into capacity expansions, plant turnarounds, mergers, acquisitions, and investments.
Procurement Resource Assessment of Monopotassium Phosphate Production Process:
- From Neutralization Reaction: This report presents the detailed production methodology and cost analysis of Monopotassium Phosphate industrial production across Monopotassium Phosphate manufacturing plants. The process begins by reacting an aqueous solution of potassium hydroxide with phosphoric acid. This reaction neutralizes the phosphoric acid and produces monopotassium phosphate as the end product.
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Product Definition:
Monopotassium phosphate, also known as potassium dihydrogen phosphate, is a chemical compound consisting of one potassium, two hydrogen, one phosphorus, and four oxygen atoms, with a chemical formula of KH2PO4 and a molecular weight of 136.086 g/mol. This potassium salt is formed through the reaction of potassium hydroxide with phosphoric acid. It is a colorless, odorless organic compound with a melting point of approximately 253 °C and a density of 2.34 g/cm³ at 25 °C, being highly soluble in water but insoluble in ethanol. Monopotassium phosphate is stable and unreactive under normal conditions, but decomposes upon heating, losing water. It finds various commercial applications, including pharmaceuticals, food products, and in the agrochemical and chemical industries. In agriculture, it is used as a source of potassium in fertilizers, promoting plant growth. It serves as a color preservative and stabilizer in food processing, particularly in baked goods, dairy products, and beverages. Additionally, it is utilized in therapeutic applications such as electrolyte replenishment and total parenteral nutrition (TPN) therapy.
Market Drivers:
The demand for monopotassium phosphate stems primarily from its role as a potassium salt in the agrochemical, chemical, and pharmaceutical industries. Its use in manufacturing chemical fertilizers with potassium content is a major driver in the chemical market. Additionally, its application in preserving and stabilizing food products, as well as its role in therapeutic applications, enhances its demand in the food and pharmaceutical sectors. Its utilization in the production of fertilizers, dairy products, and baked goods further bolsters its demand and contributes to market growth. Consequently, fluctuations in demand play a significant role in determining its procurement processes.
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