The latest report titled “Cinnamic Acid Production” by Procurement Resource, a global procurement research and consulting firm, provides an in-depth cost analysis of the production process of Cinnamic 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, 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 Cinnamic Acid production cost, looking into capacity expansions, plant turnarounds, mergers, acquisitions, and investments.
Procurement Resource Assessment of Cinnamic Acid Production Process:
1. From Perkin Reaction: This report presents the detailed production methodology and cost analysis of Cinnamic Acid industrial production across Cinnamic Acid manufacturing plants. The Perkin reaction serves as a method for synthesizing cinnamic acid through chemical processes. This synthesis initiates with a reaction involving an aldehyde, specifically benzaldehyde, and acetic anhydride, conducted in the presence of a basic catalyst, notably sodium acetate. This procedure facilitates the condensation of benzaldehyde, culminating in the generation of cinnamic acid as the ultimate product.
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2. From Knoevenagel Reaction: This report provides the thorough economics of Cinnamic Acid industrial production across Cinnamic Acid manufacturing plants. This chemical reaction involves the interaction of benzaldehyde with diethylmalonate, carried out in the presence of a catalyst. The use of catalysts like magnesium and aluminum oxides, or a combination of lithium and aluminum, facilitates this reaction, leading to the synthesis of cinnamic acid as the end product.
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Product Definition:
Cinnamic acid is an organic compound that belongs to the family of carboxylic acids, specifically known for its role as a key intermediate in the biosynthesis of flavonoids, lignin, and other important plant compounds. Structurally, it features a phenyl group attached to an acrylic acid moiety, making it a phenylpropenoid. Its chemical formula is C9H8O2. Cinnamic acid naturally occurs in a variety of plants, where it contributes to the plant’s fragrance, and can be extracted from cinnamon oil, among other sources. It has a wide range of applications across different industries. In the pharmaceutical industry, cinnamic acid derivatives are explored for their potential therapeutic effects, including anti-inflammatory, anti-cancer, and antimicrobial properties. In the flavor and fragrance industry, it serves as a precursor for synthesizing esters that are used in perfumes and flavorings. Additionally, it’s utilized in organic synthesis and as a starting material for the manufacture of other chemicals.
Market Drivers:
The market for cinnamic acid is driven by its versatile applications across various industries. In the pharmaceutical sector, the demand is propelled by ongoing research into the therapeutic properties of cinnamic acid and its derivatives, including their potential anti-inflammatory, anti-cancer, and antimicrobial effects. This makes it a valuable compound for drug development. The flavor and fragrance industry also significantly contributes to its market growth, where cinnamic acid is used as a precursor for synthesizing esters that add flavor and aroma to food products and perfumes, catering to consumer preferences for natural ingredients. Additionally, the cosmetic industry utilizes cinnamic acid derivatives for their UV-absorbing properties in sunscreens and other skincare products. Advances in biotechnology that enable sustainable production of cinnamic acid from bio-based sources further enhance its market appeal, aligning with the global trend towards green chemistry and environmentally friendly manufacturing processes.
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