The latest report titled “Salicylic acid manufacturing” by Procurement Resource, a global procurement research and consulting firm, provides an in-depth cost analysis of the manufacturing process of Salicylic acid.
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 Salicylic acid manufacturing process, that might influence Salicylic acid manufacturing cost, looking into capacity expansions, plant turnarounds, mergers, acquisitions, and investments.
Product Definition:
Salicylic acid is a versatile and organic acid derived from salicin that is naturally found in willow bark and other plants. It has great exfoliating and anti-inflammatory properties, which makes it an extensively used chemical with many medical and aesthetic uses. In appearance, it looks like a white crystalline powder with a mild odour. It is soluble in ether, alcohol, and chloroform but negligibly in water. Compared to many organic compounds, it has a relatively low melting point of 158-161°C.
Market Drivers:
Salicylic acid is a vital skincare and hair care ingredient which is experiencing high demand owing to the rising demand for these products. In addition, it is employed in the pharmaceutical industry to make medications for treating a broad range of medical issues like fever, pain, and inflammation, which furthers the market demand. Furthermore, the development and introduction of newer processes of manufacturing which are relatively easy to carry out and are more inexpensive, are boosting its market growth. Also, since there is a growing shift among consumers who prefer more natural and organic skincare and hair care products, have further pushed the acid’s demand as it is a natural product of willow bark.
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