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 | 2-Hydroxybenzoic Acid Production From Sodium Phenolate via Kolbe-Schmitt Reaction 2-Hydroxybenzoic Acid Production From Aspirin or Methyl Salicylate (oil of wintergreen) via Hydrolysis |
| 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:
1. 2-Hydroxybenzoic Acid Production From Sodium Phenolate via Kolbe-Schmitt Reaction: This report presents a detailed cost analysis of 2-hydroxybenzoic acid production from sodium phenolate using the Kolbe-Schmitt reaction. Firstly, sodium phenolate (phenol’s sodium salt) gets treated with carbon dioxide under high pressure and at high temperatures to derive sodium salicylate. The sodium salicylate obtained is next treated with sulphuric acid to carry out an additional reaction, consequently resulting in the formation of 2-hydroxybenzoic acid.
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2. 2-Hydroxybenzoic Acid Production From Aspirin or Methyl Salicylate (oil of wintergreen) via Hydrolysis: This report presents a detailed cost analysis of 2-hydroxybenzoic acid production from aspirin or methyl salicylate using hydrolysis. During the process, aspirin or methyl salicylate undergoes treatment with a strong acid or base to yield 2-hydroxybenzoic acid.
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Product Definition:
2-Hydroxybenzoic acid, also referred to as Salicylic acid, is a naturally occurring beta hydroxy acid in plants (white willow and wintergreen leave barks). It has properties like being an anti-inflammatory and topical antibacterial agent. It looks like a white to light tan solid or crystal with no odour.
Market Drivers:
The 2-Hydroxybenzoic acid or salicylic acid industry is propelling due to the growing demand for packaged food & beverages since the acid is added to the packed products to prevent spoilage and fermentation. In addition, the product has applications in the pharmaceutical & cosmetic sector as it is added to many kinds of products, including lotions, shampoos, creams, moisturizers, and oral care products, furthers the market growth. Additionally, on an extensive level, it finds use for treating many dermatological conditions that are boosting the demand for salicylic acid derivatives, like aspirin, sodium salicylate, and salicylic acid amine, which will further the market expansion.
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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