The latest report titled “Cumene Production” by Procurement Resource, a global procurement research and consulting firm, provides an in-depth cost analysis of the production process of Cumene.
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 Cumene production cost, looking into capacity expansions, plant turnarounds, mergers, acquisitions, and investments.
Procurement Resource Assessment of Cumene Production Process:
1. Cumene Production Cost Via Friedel–Crafts Alkylation: This report presents the detailed production methodology and cost analysis of cumene industrial production across cumene manufacturing plants. The process includes utilizing solid phosphoric acid as a catalyst to the reaction comprising alkylate benzene and propylene while supported by alumina or zeolite.
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Product Definition:
Cumene is a chemical compound that is commonly used in many petroleum products. It is a clear, colorless liquid with an aromatic odor and has a molecular formula of C9H12 with a molecular weight of 120.19 g/mol. Its boiling point is 152 °C, melting point is -96 °C, flash point is 31 °C, and density is 0.86 g/mL. It is insoluble in water but can easily dissolve in many organic solvents. While it is not water-soluble, it can vaporize into the atmosphere from both, water and dry soil. Moreover, in both humans and animals, cumene is primarily metabolized into the secondary alcohol, 2-phenyl-2-propanol. The most notable effect observed in animals exposed to cumene, whether through oral ingestion or inhalation, is an increase in kidney weight.
Market Drivers:
Cumene, also known as isopropylbenzene, is an organic compound with an aromatic hydrocarbon center and aliphatic substitution. One of its main uses is as a chemical intermediate in the production of phenol and acetone, which are essential in plastic manufacturing. As the demand for plastic continues to grow in various industries, including automotive, packaging, consumer goods, and cosmetics, the cumene market is also expected to expand. This growth is largely driven by the increasing need for phenol, a key component in plastic production, and acetone, which is widely used as a solvent. In short, the growing demand for plastics in different sectors is the main driving force behind the increasing demand for cumene and its subsequent market growth.
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