The latest report titled “Sodium Molybdate Production” by Procurement Resource, a global procurement research and consulting firm, provides an in-depth cost analysis of the production process of Sodium Molybdate.
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 Sodium Molybdate production cost, looking into capacity expansions, plant turnarounds, mergers, acquisitions, and investments.
Procurement Resource Assessment of Sodium Molybdate Production Process:
- From Double Displacement Reaction: This report presents the detailed production methodology and cost analysis of Sodium Molybdate industrial production across Sodium Molybdate manufacturing plants. The production of sodium molybdate starts with a chemical reaction between molybdenum trioxide and sodium hydroxide, followed by crystallization to yield the final product.
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Product Definition:
Sodium molybdate, an inorganic crystalline powder with the chemical formula Na2MoO4, is derived from the reaction between molybdenum trioxide and sodium hydroxide. With a molecular weight of 205.93 g/mol, it contains two sodium, one molybdenum, and four oxygen atoms. This white-colored salt is water-soluble and has a density of 3.78 g/cm³ at 25 °C, with a melting point around 687 °C. Primarily known for its corrosion-inhibiting properties, sodium molybdate is utilized in various industries. In metal processing, it is used as a coating to prevent corrosion of metals like steel and iron. It is also used in water treatment systems, particularly chiller systems, due to its corrosion prevention capabilities. In agriculture, sodium molybdate is used as a source of molybdenum oxide in plant supplements, providing essential nutrients and better water solubility. Furthermore, it is used in the production of dietary supplements, serving as a source of molybdenum in multivitamin tablets.
Market Drivers:
The demand for sodium molybdate is primarily fueled by its role as a metal salt with corrosion-inhibiting properties and its high molybdenum oxide content. It is valued for its nutritional benefits and is incorporated into medications, dietary supplements, and agrochemical products. In the pharmaceutical industry, it is used to produce nutrient supplements rich in molybdenum. Sodium molybdate is also a key component in the manufacturing of chemical fertilizers due to its excellent water solubility and nutrient content, making it highly beneficial in the agrochemical sector. Furthermore, its corrosion inhibition properties make it valuable in metal processing for the production of steel and iron. These diverse applications across various industries, including metal, pharmaceutical, chemical, and agrochemical sectors, drive its demand and contribute to its market growth.
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