The latest report titled “Phenol manufacturing” by Procurement Resource, a global procurement research and consulting firm, provides an in-depth cost analysis of the manufacturing process of Phenol.
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 Phenol manufacturing process, that might influence Phenol manufacturing cost, looking into capacity expansions, plant turnarounds, mergers, acquisitions, and investments.
Product Definition:
Phenol (C6H5OH) or carbolic acid is an aromatic organic molecule which appears to be a white crystalline substance with a distinct and sweet odour. It is a volatile and flammable substance with a melting and boiling point of 40.5°C (104.9°F) and 182°C (359.6°F). It is a versatile compound which has many unique properties. Ethanol, ether and water are soluble in phenol. The compound is extremely corrosive and dangerous in case of mishandling and can lead to serious burning and other such problems.
Market Drivers:
Phenol is an important element used to synthesise various compounds like detergents, plastics, and medicines. In the medical industry, it is used as an antiseptic and disinfectant and to make various medications like analgesics, antiseptics, and anaesthetics. In the manufacturing sector, it is used to carry out many industrial processes for many polymers like epoxy resins, polycarbonates, and phenolic resins, which have further applications in a wide range of industries like electronics, construction, automotive, and aerospace, which further the market’s expansion. In addition, it plays the role of a raw material in the production of detergents and other such cleaning products; it is used to produce alkylphenol ethoxylates that work like surfactants responsible for boosting the detergent’s cleaning effectiveness.
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Procurement Resource ensures that our clients remain at the vanguard of their industries by providing actionable procurement intelligence with the help of our expert analysts, researchers, and domain experts. Our team of highly seasoned analysts undertakes extensive research to provide our customers with the latest and up-to-date market reports, cost models, price analysis, benchmarking, and category insights, which aid in simplifying the procurement process for our clientele.
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