The latest report titled “2-Hydroxybenzoic Acid Production Cost Report” by Procurement Resource, a global procurement research and consulting firm, provides an in-depth cost analysis of the production process of the 2-Hydroxybenzoic Acid.
| Report Features | Details |
| Product Name | 2-Hydroxybenzoic Acid |
| Process Included |
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| Segments Covered |
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| Currency | US$ (Data can also be provided in local currency) |
| Pricing and purchase options | Basic: US$ 1499 Premium: US$ 2999 Enterprise: US$ 4799 |
| Customization Scope | The report can be customized as per the requirements of the customer |
| Post-Sale Analyst Support | 360-degree analyst support after report delivery |
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 manufacturing process with detailed process and material flow, capital investment, operating costs along with financial expenses and depreciation charges.
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 2-Hydroxybenzoic Acid production cost, looking into capacity expansions, plant turnarounds, mergers, acquisitions, and investments.
Procurement Resource Assessment of 2-Hydroxybenzoic Acid Production Process:
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2-Hydroxybenzoic Acid Production from Sodium Phenolate via Kolbe-Schmitt Reaction : The study offers a detailed cost analysis of 2-Hydroxybenzoic Acid production using Aspirin or Methyl Salicylate (oil of wintergreen) via Hydrolysis. The process includes the treatment of aspirin or methyl salicylate with a strong acid or base to produce 2-hydroxybenzoic acid.
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2-Hydroxybenzoic Acid Production from Aspirin or Methyl Salicylate (oil of wintergreen) via Hydrolysis : This report provides a detailed cost analysis of 2-Hydroxybenzoic acid production through Sodium Phenolate via Kolbe-Schmitt Reaction, which is followed by another additional reaction. At first, the sodium phenolate (the sodium salt of phenol) gets treated with carbon dioxide at high temperature and pressure to create sodium salicylate. The by-product sodium salicylate is further treated with sulphuric acid to carry a different reaction, which finally results in the formation of 2-hydroxybenzoic acid.
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Product Definition:
2-Hydroxybenzoic Acid or Salicylic acid is a colourless, white crystalline organic compound with a bitter aftertaste. It is mainly used in producing dyes, aspirin, perfumes or as a fungicide. Since it is obtained from plants it is a beta hydroxy acid which is a plant hormone. It is widely used in anti-acne products owing to its anti-inflammatory properties that function as a topical antibacterial agent and enable exfoliation. Salicylic acid combined with methanol in the company of an acid catalyst results in methyl salicylate, which has application as a flavouring agent. The acid and phenol make phenyl salicylate that can be used to make creams that treat sunburns. It can also fight against other skin conditions like corn, warts, and calluses.
Market Drivers:
2-Hydroxybenzoic acid or salicylic acid market demand is bolstering due to the high demand for preserved food & beverage industry. In addition, the rising popularity of personal care products is expanding the product’s demand as it is a critical ingredient in the final products. Also, the addition of salicylic acid in pharmaceuticals like aspirin drugs, as well as in cosmetics, is further propelling the industry’s demand.
Key Questions Answered in the 2-Hydroxybenzoic Acid Production Cost Report:
- What are the key drivers propelling the 2-Hydroxybenzoic Acid market?
- What are the various processes used for 2-Hydroxybenzoic Acid production?
- What are the raw materials required to produce 2-Hydroxybenzoic Acid?
- What are the different operations units involved in the production of 2-Hydroxybenzoic Acid?
- What are the manpower and utility requirements in the production process of 2-Hydroxybenzoic Acid?
- What are the various costs engaged in the production of 2-Hydroxybenzoic Acid?
- What are the construction costs involved in setting up a 2-Hydroxybenzoic Acid production facility?
- What are the working capital requirements?
- What is the process of raw material procurement for 2-Hydroxybenzoic Acid production?
- What is the time frame for 2-Hydroxybenzoic Acid plant start-up?
- What is the pricing mechanism of 2-Hydroxybenzoic Acid?
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Procurement Resource ensures that our clients remain at the vanguard of their industries by providing actionable procurement intelligence with the help of our expert analysts, researchers, and domain experts. Our team of highly seasoned analysts undertakes extensive research to provide our customers with the latest and up-to-date market reports, cost models, price analysis, benchmarking, and category insights, which aid in simplifying the procurement process for our clientele.
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