The latest report titled “Acrylic Acid manufacturing” by Procurement Resource, a global procurement research and consulting firm, provides an in-depth cost analysis of the manufacturing process of Acrylic 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 Acrylic Acid manufacturing process, that might influence Acrylic Acid manufacturing cost, looking into capacity expansions, plant turnarounds, mergers, acquisitions, and investments.
Product Definition:
Acrylic Acid or Acroleic Acid (C3H4O2) is an alpha, beta-unsaturated monocarboxylic acid in which ethene is substituted by a carboxy group. The organic compound looks colourless with a tart/acrid odour and has the role of a metabolite and the conjugate acid of an acrylate. It is soluble in water and extremely corrosive to metals and tissue. Its respective melting, boiling, and flash point is 141.0°C, 14.0°C and 68°C. Its molecular mass is 72.06 g/mol, and its density is 1.0511 at 20°C.
Market Drivers:
The Acrylic Acid market is being driven by the growing usage of the acid for producing an extensive product range. It is used to make acrylic esters and resins, which are employed further to make adhesives and coatings, which boost the market growth further. In addition, it is used in oil and water treatment chemicals, water-absorbent polyacrylic acid polymers, and detergent intermediates. Owing to its ability to polymerize upon being heated, it is employed in the production of polyacrylates and as works as a monomer for polyacrylic and polymethacrylic acids. Also, it finds use in the production of plastics, flocculants, tackifiers, water-soluble resins and salts, etc., which in turn boosts the market expansion.
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