The latest report titled “Neopentyl glycol Production” by Procurement Resource, a global procurement research and consulting firm, provides an in-depth cost analysis of the production process of Neopentyl glycol.
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 Neopentyl glycol production cost, looking into capacity expansions, plant turnarounds, mergers, acquisitions, and investments.
Procurement Resource Assessment of Neopentyl glycol Production Process:
1.Neopentyl glycol Production Cost Via Aldol Reaction: This report presents the detailed production methodology and cost analysis of Neopentyl glycol industrial production across Neopentyl glycol manufacturing plants. Neopentyl glycol is produced via an aldol reaction between formaldehyde and Iso butyraldehyde. This reaction produces hydroxypivaldehyde. This aldehyde further undergoes catalytic hydrogenation to produce neopentyl glycol.
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Product Definition:
Neopentyl glycol has a chemical formula C5H12O2. This compound is formed by the reaction between formaldehyde and Iso butyraldehyde. This organic compound is used in the production of resins, coatings, and polyesters. It is soluble in water and many organic solvents which makes it easier to produce formulations and use it in a variety of production processes. Neopentyl glycol also has high chemical stability and is resistant to degradation. This property enables its long-term usage in coatings and resins. It is also a good resistance to heat, UV radiation, and moisture, contributing to its suitability in materials which require durability and water resistance.
Market Drivers:
Neopentyl glycol is a central ingredient in the manufacturing of high-performance coatings and paints. This compound has high chemical stability along with low volatility, durability, weather resistance, and gloss retention. Due to its exceptional properties, neopentyl glycol is used in coatings for automotive, architectural, and other industrial equipment. It also serves as a building block in manufacturing polyester resins and polyurethane adhesives. These resins and adhesives have exceptional mechanical strength, chemical resistance, and adhesion strength. They are used in laminates, composites, and adhesives. It improves the flexibility and impact resistance of plasticizers. Its derivates like ester are used as lubricants to reduce friction and wear and tear of automotive and industrial equipment.
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