The latest report titled “Phenylacetic Acid Production” by Procurement Resource, a global procurement research and consulting firm, provides an in-depth cost analysis of the production process of Phenylacetic 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 Phenylacetic Acid production cost, looking into capacity expansions, plant turnarounds, mergers, acquisitions, and investments.
Procurement Resource Assessment of Phenylacetic Acid Production Process:
- From Chemical Reaction between Benzyl Cyanide and Hydrochloric Acid: This report presents the detailed production methodology and cost analysis of Phenylacetic Acid industrial production across Phenylacetic Acid manufacturing plants. The process begins by chemically combining the two primary components, namely benzyl cyanide and hydrochloric acid. Additionally, sulfuric acid can serve as a substitute for hydrochloric acid in the reaction. The interaction of benzyl cyanide with hydrochloric acid leads to the production of phenylacetic acid as the ultimate outcome.
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Product Definition:
Phenylacetic acid, also known as α-toluic acid, is an aromatic carboxylic acid with the chemical formula C8H8O2. It consists of a phenyl group (C6H5) attached to a carboxyl group (COOH). Phenylacetic acid is a colorless to pale yellow liquid with a sweet, honey-like odor. It is naturally found in certain foods and flowers and is a key component in the synthesis of various pharmaceuticals, fragrances, and flavoring agents. This compound exhibits antimicrobial properties and has been studied for its potential applications in medicine. Phenylacetic acid plays a role in the production of antibiotics and is utilized in the synthesis of illicit substances, making it a compound of interest in both pharmaceutical and forensic contexts.
Market Drivers:
Market drivers for phenylacetic acid stem from its versatile applications in the pharmaceutical, fragrance, and flavor industries. As a key intermediate in the synthesis of numerous pharmaceuticals, including antibiotics, analgesics, and antipyretics, the demand for phenylacetic acid is influenced by the ongoing advancements in the pharmaceutical sector. Additionally, its use in the production of fragrances and flavors contributes to its market growth, driven by the expanding consumer goods industry. The compound’s unique aromatic properties make it valuable in the creation of scents and flavors in various products. As industries focus on innovation and product development, phenylacetic acid continues to play a pivotal role, acting as a precursor for diverse chemical compounds that contribute to the development of essential products in multiple sectors.
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