Titanium Nitride Production Cost
The latest report titled “Titanium Nitride Production” by Procurement Resource, a global procurement research and consulting firm, provides an in-depth cost analysis of the production process of Titanium Nitride.
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 Titanium Nitride production cost, looking into capacity expansions, plant turnarounds, mergers, acquisitions, and investments.
Procurement Resource Assessment of Titanium Nitride Production Process:
- From Nitridation Reaction: This report presents the detailed production methodology and cost analysis of Titanium Nitride industrial production across Titanium Nitride manufacturing plants. The production process starts with the reaction of titanium hydride with nitrogen at a high temperature. This reaction occurs at an elevated temperature of approximately 1199.85 °C, leading to the nitridation of titanium hydride and the formation of titanium nitride as the final product.
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Product Definition:
Titanium nitride (TiN) is a crystalline powder compound known for its exceptional strength, commonly used in metal coating applications. Comprising a titanium and a nitrogen atom, it boasts high resistance to oxidation, making it ideal for coating and plating metals. With a molecular weight of 61.874 g/mol and a density of 5.4 g/cm³ at 25°C, TiN is harder than alternatives like chrome and carbides. It remains stable and inert under normal conditions, displaying excellent chemical and corrosion resistance while providing a smooth, non-stick finish. Its durability, mechanical strength, and high melting point around 2947°C make it a preferred choice for coatings requiring resistance to moisture, chemicals, and corrosion. Titanium nitride finds extensive use in various industries, particularly for coating applications. It is applied to metal surfaces of tools, automotive parts, ceramics, and electronic devices exposed to high temperatures. In the medical field, it reduces galling in sliding components and maintains sharp edges crucial for surgical tools.
Market Drivers:
The demand for titanium nitride primarily stems from its role as a coating material across various industries such as electronics, medical, automotive, and metalworking. Its use in coating a wide array of metal products including mechanical tools, medical equipment, electrical devices, and metal plates drives its global demand. Its reputation as a hard, durable, and inert coating material enhances its appeal in metal processing facilities, leading to increased commercial utilization. Fluctuations in its usage within the metal industry directly impact its demand, underscoring its importance in the market. Similarly, changes in demand can markedly affect its procurement process on a global scale.
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