The latest report titled “Xylene manufacturing” by Procurement Resource, a global procurement research and consulting firm, provides an in-depth cost analysis of the manufacturing process of Xylene.
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 Xylene manufacturing process, that might influence Xylene manufacturing cost, looking into capacity expansions, plant turnarounds, mergers, acquisitions, and investments.
Product Definition:
Xylene, or dimethyl benzene, is a sort of aromatic hydrocarbon that looks like a colourless liquid with a subtle and pleasant odour. In traceable amounts, it can be found in petrol and cigarette smoke. Its consumption, inhalation (excessive) can lead to signs of dizziness, headaches, nausea, and respiratory issues. It has a boiling and melting point of 138 °C-144 °C and roughly -47 °C, respectively. It does not dissolve in water but has solubility in various organic solvents, including alcohol, ether, and benzene. Other properties of xylene include fairly high vapour pressure, quickly evaporating in the air, a low viscosity, and being flammable.
Market Drivers:
The Xylene market demand is being driven by the organic solvent’s wide usage across many industrial processes, like making paints, varnishes, rubber, adhesives and sealants. It is employed in the printing and leather industries, along with its use as a petrol additive (to boost its performance and stability). Furthermore, it has been used in the dissolution and diluting of several binders, resins, and pigments. As a raw ingredient, it is used to make a wide range of compounds like polymers and synthetic fibres (like polyester and nylon); as a cleaning agent in the printing industry to get rid of ink and other residues from printing presses and equipment; as a solvent in the leather industry to extract fats and oils from hides and skins as well as to produce insecticides and herbicides.
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