The latest report titled “Ethylbenzene Production” by Procurement Resource, a global procurement research and consulting firm, provides an in-depth cost analysis of the production process of Ethylbenzene.
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 Ethylbenzene production cost, looking into capacity expansions, plant turnarounds, mergers, acquisitions, and investments.
Product Definition:
Ethylbenzene is a colorless liquid that can ignite easily and smells like gasoline. It is found in natural sources like coal tar and petroleum, as well as in man-made products like inks, insecticides, and paints. It is often used to create a chemical called styrene, and it can also be used as a solvent, fuel, or to make other chemicals. Ethylbenzene is an alkylbenzene that has an ethyl group attached to it. It is commonly found in coal tar and petroleum. When people are exposed to ethylbenzene, they may experience respiratory issues like throat irritation and chest tightness, as well as eye irritation and dizziness. There are conflicting results about the long-term effects of inhaling ethylbenzene on human blood.
Market Drivers:
Ethylbenzene is a type of organic monocyclic aromatic compound that is commonly used in the petrochemical industry. It is a clear, flammable liquid with a scent similar to gasoline. Ethylbenzene is often used as an intermediate in the production of styrene and as a precursor for polystyrene. To create ethylbenzene commercially, benzene and ethylene are combined. The market for ethylbenzene is expected to grow due to its increasing use as an anti-knocking agent in gasoline. The demand for polystyrene, styrene, and styrene-based polymers is also expected to drive market growth. This is largely due to the increased use of polystyrene in the packaging and consumer goods industries. Furthermore, there is a rising demand for anti-knocking agents as fuel additives for gasoline and other fuels, which will increase the demand for ethylbenzene.
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