Procurement Resource Analyses the Production Cost of 2-Propanol in its New Report
Analyses Overview of The New Production Cost Report of 2-Propanol
The new report by Procurement Resource, a global procurement research, and consulting firm, looks in-depth into the costs involved in the production of 2-propanol. The comprehensive report analyses the production cost of the material, covering the raw material costs and co-product credit, equipment costs, land and site costs, labour wages, maintenance costs, financing charges, and depreciation costs. The extensive study describes the stepwise consumption of material and utilities along with a detailed process flow diagram. The report also assesses the latest developments within the industry that might influence 2-propanol production cost, looking into the capacity expansions, plant turnarounds, mergers, and looking into the capacity expansions, plant turnarounds, mergers, acquisitions, and investments.
Product Definition:
2-Propanol is a colourless, flammable, and odourless chemical substance. The simplest basic example of secondary alcohol is an isopropyl group connected to a hydroxyl group, in which the alcohol carbon atom is joined to two additional carbon atoms. It is a structural isomer of ethyl methyl ether and 1-propanol.
Factors Impacting the 2-Propanol Production Cost:
Emerging nations’ building industries are quickly expanding. As a result, demand for paint and coatings has surged, which has benefited the propanol industry. In the paints and coatings business, N-propanol is utilised as a solvent in the production process. The expanding urban population in several evolving countries is the driving influence behind the progress of the construction industry. Most Asia Pacific nations, such as India, Myanmar, Nepal, and Afghanistan, have fewer than 35 percent of their people residing in urban centres, according to the World Bank. Hence, these factors are expected to impact the production cost of 2-propanol.
Procurement Resource Assessment of 2-Propanol Production:
The production cost report by Procurement Resource assesses the production of 2-propanol via direct hydration and via indirect hydration. In the production process of 2-propanol via direct hydration, the Hydration of propene is carried out using water and a catalyst at high pressure, thus, resulting in the formation of 2-propanol. Likewise, in the production process of 2-propanol from propene via indirect hydration propene (often of low quality) reacts with sulphuric acid to form a mixture of sulphate esters, which is followed by subsequent hydrolysis, thus, resulting in the formation of 2-Propanol.
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