The latest report titled “Acetic Acid manufacturing” by Procurement Resource, a global procurement research and consulting firm, provides an in-depth cost analysis of the manufacturing process of Acetic Acid.
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, manufacturing cost details, economics for another plant location, dynamic cost model). In addition, the report incorporates the manufacturing 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, including Acetic Acid manufacturing process, that might influence Acetic Acid manufacturing cost, looking into capacity expansions, plant turnarounds, mergers, acquisitions, and investments.
Product Definition:
Acetic acid is a clear, colorless liquid with a pungent smell and a sour taste. It is an organic acid with the chemical formula CH3COOH and is also known as ethanoic acid. Acetic acid is a weak acid, which means it does not completely dissociate in water, and has a pH of around 2.4. Acetic acid is primarily used in the production of vinyl acetate monomer, which is used to make polyvinyl acetate (PVA) adhesives, as well as in the production of cellulose acetate, which is used in photographic film and other applications. The boiling point of acetic acid is 118.1°C, which is relatively low for an organic acid.
Market Drivers:
Acetic acid is a chemical reagent in the synthesis of several substances, including acetic anhydride, ester, vinyl acetate monomer, vinegar, and other polymeric molecules. The acetic acid market is divided into derivative, use, and geographic segments. The vinyl acetate monomer (VAM), purified terephthalic acid (PTA), ethyl acetate, acetic anhydride, and other derivatives are the different market segments according to derivative. The market is divided into segments based on application, including textiles, medical, food and beverage, paints and coatings, adhesives, plastics and polymers, and other applications.
The market is divided into regions according to geography, including Asia-Pacific, North America, Europe, South America, and the Middle East and Africa. Due to its use as a necessary chemical reagent and industrial chemical in the production of goods, including plastic soft drink bottles, polyvinyl acetate for wood glue, photographic film, and other synthetic fibres and fabrics, the acetic acid industry is booming. It can be used as a cleaning agent like diluted acetic acid. It can be used in the food industry to control acidity and also in vinegar, which is used to prepare numerous food items.
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