The latest report titled “Picric Acid Production” by Procurement Resource, a global procurement research and consulting firm, provides an in-depth cost analysis of the production process of Picric 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 Picric Acid production cost, looking into capacity expansions, plant turnarounds, mergers, acquisitions, and investments.
Procurement Resource Assessment of Picric Acid Production Process:
1. From Nitration Reaction: This report presents the detailed production methodology and cost analysis of Picric Acid industrial production across Picric Acid manufacturing plants. Picric acid is synthesized by first sulfonating phenol, where phenol reacts with sulfuric acid to form phenol sulfate as an intermediate. This intermediate is then treated with nitric acid, causing nitration of the phenol ring and resulting in the formation of 2,4,6-trinitriphenol, also known as picric acid.
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Product Definition:
Picric acid, or 2,4,6-trinitrophenol, has a chemical formula C6H2(NO2)3OH and is prepared from phenol. It appears as a pale yellow crystalline solid with a bitter taste and no odor, melting at approximately 121 °C and boiling at 300 °C. It is slightly soluble in water but dissolves well in solvents like ethanol, ether, chloroform, and benzene, with high solubility in acetone. Picric acid is denser than water, with a density of 1.76 g/cm3 at 25 °C. While stable under normal conditions, anhydrous picric acid is heat-sensitive and decomposes at high temperatures, emitting carbon and nitrogen oxides. It is toxic and corrosive, corroding metals except aluminum and tin. Picric acid finds use in various industries. It is employed in explosives like matchsticks and combustible products due to its high combustibility and instability. It is also utilized in etching metals, particularly copper, and in producing colored glasses. In the leather and dyestuff industry, picric acid is used in color and tanning chemicals. Additionally, it finds application in the production of electric batteries in the electronics industry.
Market Drivers:
The demand for picric acid is primarily fueled by its applications in the metal, coating, electrical, and electronics industries. As a highly volatile and reactive chemical solid with easy combustibility, it is sought after for the production of volatile and combustible products, particularly explosives. Its use extends to etching metal products, making it valuable in the metal industry. Picric acid is recognized as a chemical explosive and is extensively utilized for producing flammable products. Its role as a volatile substance contributes to the production of coatings, dyestuffs, and electrical devices like batteries. These diverse applications across metal, electronics, dye, and explosive sectors drive its demand globally. Fluctuations in demand significantly impact its procurement processes.
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