The latest report titled methyl salicylate 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 Methyl Salicylate.
| Report Features | Details |
| Product Name | Methyl Salicylate |
| Process Included | Methyl Salicylate Production From Kolbe-Schmitt Reaction and Condensation Reaction |
| 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 Methyl Salicylate production cost, looking into capacity expansions, plant turnarounds, mergers, acquisitions, and investments.
Procurement Resource Assessment of Methyl Salicylate Production Process:
1. Methyl Salicylate Production From Kolbe-Schmitt Reaction and Condensation Reaction: The study offers a detailed cost analysis of Methyl Salicylate production via Kolbe-Schmitt Reaction and Condensation Reaction. In the method, sodium phenolate first gets heated in the presence of carbon dioxide. This reaction occurs at a pressure under 100 atm and a temperature of 125 °C. Next, the derived product gets treated with sulfuric acid in order to produce hydroxy acid (aromatic compound), which is also known as salicylic acid. The resulting salicylic acid is reacted with methanol which finally gives methyl salicylate.
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Product Definition:
Methyl Salicylate (C8H8O3) is salicylic acid’s methyl ester that is a benzoate ester. It is the oil of an aromatic plant called wintergreen and is naturally found in many species of plants. It is a clear yellow or red coloured liquid. By nature, it is viscous and has a similar function to that of salicylic acid.
Market Drivers:
Methyl Salicylate finds extensive application as a flavouring agent, an insect attractant as well as a metabolite. In over-the-counter (OTC) medicines, it finds use as an external analgesic. These medicines help in easing minor body muscle and joint pain such as sprains, strains, arthritis, backache, and bruises which is driving its market growth. Synthetically produced Methyl Salicylate is used as a fragrance in liniments boosting its market demand. Also, in the food sector, it is employed in products such as chewing gums and mints, where it is added as a flavouring agent furthering the industry’s expansion.
Key Questions Answered in the Methyl Salicylate Production Cost Report:
• What are the key drivers propelling the Methyl Salicylate market?
• What are the various processes used for Methyl Salicylate production?
• What are the raw materials required to produce Methyl Salicylate?
• What are the different operations units involved in the production of Methyl Salicylate?
• What are the manpower and utility requirements in the production process of Methyl Salicylate?
• What are the various costs engaged in the production of Methyl Salicylate?
• What are the construction costs involved in setting up a Methyl Salicylate production facility?
• What are the working capital requirements?
• What is the process of raw material procurement for Methyl Salicylate production?
• What is the time frame for Methyl Salicylate plant start-up?
• What is the pricing mechanism of Methyl Salicylate?
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