The latest report titled “2-Hydroxypropanoic 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-Hydroxypropanoic acid.
| Report Features | Details |
| Product Name | 2-Hydroxypropanoic acid |
| Process Included | 2- Hydroxypropanoic Acid Production From Carbohydrates (molasses, starch, or whey) via Fermentation 2- Hydroxypropanoic Acid Production From Acetaldehyde 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 |
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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-Hydroxypropanoic acid production cost, looking into capacity expansions, plant turnarounds, mergers, acquisitions, and investments.
Procurement Resource Assessment of 2-Hydroxypropanoic acid Production Process:
1. 2- Hydroxypropanoic Acid Production From Carbohydrates (molasses, starch, or whey) via Fermentation: This report presents a detailed cost analysis of 2-hydroxypropanoic acid production from carbohydrates using the fermentation process. In this process, products like molasses, starch or whey are fermented using the Lactobacillus species bacteria when an alkaline substance is present to obtain 2-hydroxypropanoic acid as the final product.
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2. 2- Hydroxypropanoic Acid Production From Acetaldehyde via Hydrolysis: This report presents a detailed cost analysis of 2-hydroxypropanoic acid production from acetaldehyde using the hydrolysis process. During this method, hydrogen cyanide is included in acetaldehyde, after which subsequent hydrolysis is carried out, finally yielding 2-hydroxypropanoic acid.
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Product Definition:
2-Hydroxypropanoic acid, also called Lactic Acid, is the naturally occurring carboxylic acid in which one of the α-hydrogens is replaced by a hydroxy group. It is an organic acid that is the simplest hydroxycarboxylic. It is crucial for performing many essential biological functions as it helps transform sugars into energy. It looks like a white solid and a colourless liquid solution. It has two enantiomeric forms: l-(+)-LA and d-(−)-LA.
Market Drivers:
The 2-Hydroxypropanoic acid industry is witnessing demand due to its extensive use in the production of chemicals and a flavouring agent as a solvent, an intermediate. Furthermore, it is used in the manufacturing of products such as plastics, rubbers, and resins. In the food sector, it finds use as a preservative to preserve food items such as cheese, meat, baked goods, and processed foods preventing spoilage which furthers the market growth. In industrial end-uses, it is employed to make several industrial chemicals as it functions like a reagent, an intermediate, and a catalyst in many industries, including building products, pharmaceuticals, adhesives and plastics & resins. In the medical sector, it is used to produce many drugs and medicines. Also, in-home care products, it has been used to produce products like disinfectants, shampoos, plasticizers for PVC compounds, detergents, printing ink, soaps, intermediate polymer, disinfectants, metal plating solutions (electrolytic copper) and water treatment chemicals etc., which is boosting the market demand further.
Key Questions Answered in the 2-Hydroxypropanoic acid Production Cost Report:
- What are the key drivers propelling the 2-Hydroxypropanoic acid market?
- What are the various processes used for 2-Hydroxypropanoic acid production?
- What are the raw materials required to produce 2-Hydroxypropanoic acid?
- What are the different operations units involved in the production of 2-Hydroxypropanoic acid?
- What are the manpower and utility requirements in the production process of 2-Hydroxypropanoic acid?
- What are the various costs engaged in the production of 2-Hydroxypropanoic acid?
- What are the construction costs involved in setting up a 2-Hydroxypropanoic acid production facility?
- What are the working capital requirements?
- What is the process of raw material procurement for 2-Hydroxypropanoic acid production?
- What is the time frame for 2-Hydroxypropanoic acid plant start-up?
- What is the pricing mechanism of 2-Hydroxypropanoic acid?
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