The latest report titled “Terephthalic Acid manufacturing” by Procurement Resource, a global procurement research and consulting firm, provides an in-depth cost analysis of the manufacturing process of Terephthalic 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, manufacturing cost details, economics for another plant location, dynamic cost model). In addition, the report incorporates the manufacturing 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, including Terephthalic Acid manufacturing process, that might influence Terephthalic Acid manufacturing cost, looking into capacity expansions, plant turnarounds, mergers, acquisitions, and investments.
Product Definition:
Terephthalic acid is a white crystalline solid with the chemical formula C8H6O4. It is an organic compound and is classified as an aromatic dicarboxylic acid. Terephthalic acid is primarily used in the production of polyethylene terephthalate (PET), a type of polyester resin that is widely used in the manufacture of fibres polyester resin widely used to manufacture, films, and plastic bottles. The production of terephthalic acid typically involves the oxidation of para-xylene, a hydrocarbon derived from crude oil. Terephthalic acid is also used as an intermediate in the production of various other chemicals, such as dyes, pigments, and pharmaceuticals. It has a high melting point and is insoluble in water, but soluble in most organic solvents.
Market Drivers:
Terephthalic acid is a key raw material to produce PET, which is widely used in the production of fibres, films, and plastic bottles. The growing demand for PET in various end-use applications such as packaging, textiles, and electronics is driving the demand for terephthalic acid. It is also a popular choice in production of polyester fibres, which are used in the textile industry to make clothing, upholstery, and other products. Terephthalic acid is used in the production of polybutylene terephthalate (PBT), a type of thermoplastic polymer that is used in various automotive applications such as dashboards, bumpers, and electrical connectors.
The growth in the automotive industry is driving the demand for PBT and, thus, the demand for terephthalic acid. It is a key raw material in the production of PET, which is widely used in food and beverage packaging applications. The increasing demand for packaged food and beverages is driving the demand for terephthalic acid.
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