The latest report titled “Acetone manufacturing” by Procurement Resource, a global procurement research and consulting firm, provides an in-depth cost analysis of the manufacturing process of Acetone.
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 Acetone manufacturing process, that might influence Acetone manufacturing cost, looking into capacity expansions, plant turnarounds, mergers, acquisitions, and investments.
Product Definition:
Acetone belongs to the family of ketones and is a colorless, flammable liquid which has a distinctive odour with a boiling point of 56.08 °C. It is a very adaptable chemical substance that finds widespread usage as a solvent in various sectors, including the pharmaceutical, plastic, and textile industries. Acetone is also a cleaning agent used to synthesize several compounds, including bisphenol A and methyl methacrylate. It is a very flammable, reactive, and volatile chemical that evaporates quickly. Acetone is helpful in the creation of paints and coatings because it has a relatively low boiling point and is very soluble in water.
Market Drivers:
The market for acetone is driven by several variables, such as its versatile qualities and a broad variety of applications across numerous sectors. Acetone is largely utilized as a solvent in the manufacturing of numerous chemicals and polymers, specifically bisphenol A (BPA), polycarbonate (PC), and methyl methacrylate (MMA). The expansion of these sectors, notably in Asia-Pacific, is a major force behind the market for acetone. Acetone is also employed in the manufacture of medications, personal care items, and printing inks in addition to being a cleaning agent. Acetone demand is also being fueled by the rising demand for these goods, particularly in emerging economies. The growth of the electronics industry, particularly in Asia-Pacific, is also driving the demand for acetone, as it is used as a cleaning agent for electronic components.
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