Procurement Resource Analyses the Production Cost of Isopropyl Alcohol in its New Report
Analyses Overview of The New Production Cost Report of Isopropyl Alcohol
The new report by Procurement Resource, a global procurement research, and consulting firm, looks in-depth into the costs involved in the production of Isopropyl Alcohol. 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 Isopropyl Alcohol production cost, looking into the capacity expansions, plant turnarounds, mergers, acquisitions, and investments.
Product Definition:
Isopropyl alcohol has a strong odour and looks to be a colourless, combustible chemical compound. The most basic type of secondary alcohol is one in which the carbon atom of the alcohol is joined to two other carbon atoms. It is a structural isomer of ethyl methyl ether and a structural isomer of 1-propanol. Moreover, it is a common ingredient in antiseptics, disinfectants, and detergents, and is used to make a variety of industrial and household chemicals.
Factors Impacting the Isopropyl Alcohol Production Cost:
Isopropyl alcohol is used by the pharmaceutical industry. Alcohol swabs and wipes with a 70% concentration of isopropyl alcohol are used to clean wounds. Hand sanitizers and ear drops are also included. Isopropyl alcohol is also present in several oral mouthwash solutions. Cleaning products also include isopropyl alcohol. Isopropyl alcohol can be used in tiny, safe amounts in capsule and tablet production procedures in the pharmaceutical sector. IPA is a solvent that is used to make pharmaceutical intermediates. These factors are expected to impact the production cost of Isopropyl Alcohol.
Procurement Resource Assessment of Isopropyl Alcohol Production:
The economics of producing isopropyl alcohol from high-quality (or polymer grade) propene is the focus of the report. Direct hydration of gaseous propene with water in the presence of acidic catalysts is used to produce this product, which is quite popular in the United States. As a by-product, propyl alcohol is produced in modest amounts.
Also Read – Isopropyl Alchohol Production from Acetone
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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 undertake 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. We work with a diverse range of procurement teams across industries to get real-time data and insights that can be effectively implemented by our customers. We also track the prices and production costs of an extensive range of goods and commodities, thus, providing you with the updated and reliable data. We, at Procurement Resource, with the help of the latest and cutting-edge techniques in the industry, help our clients understand the supply chain, procurement, and industry climate, so that they can form strategies which ensure their optimum growth.
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