The latest report titled “Sulphuric acid manufacturing” by Procurement Resource, a global procurement research and consulting firm, provides an in-depth cost analysis of the manufacturing process of Sulphuric 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 Sulphuric acid manufacturing process, that might influence Sulphuric acid manufacturing cost, looking into capacity expansions, plant turnarounds, mergers, acquisitions, and investments.
Product Definition:
Sulfuric acid or H2SO4 is a powerful mineral acid that is extremely corrosive. It is a viscous, colorless, odorless liquid that dissolves in water and has a density of 1.84 g/cm3. It is typically produced by the Contact process, which involves the catalytic oxidation of sulfur dioxide to sulfur trioxide, which is then dissolved in water to produce sulfuric acid. In many industrial operations, such as the production of fertilizers, dyes, detergents, and explosives, sulfuric acid is frequently utilised. Strong sulfuric acid can dissolve a variety of metals, including copper, zinc, and iron. It reacts aggressively with bases, generating heat and potentially harmful fumes. If not handled appropriately, concentrated sulfuric acid can be dangerous and result in severe burns.
Market Drivers:
The rising need for fertilizers is one of the key factors driving the sulfuric acid industry. In order to increase crop yields and food production, phosphate fertilizers like superphosphate and triple superphosphate are made with the help of sulfuric acid. Demand for sulfuric acid is anticipated to rise as long as the world’s population continues to rise and demand for fertilizers rises. The growth of the chemical industry is another factor driving the sulfuric acid market. Numerous compounds, including detergents, pigments, and dyes, are made using sulfuric acid. The market for this acid is also significantly influenced by the mining sector. Sulfuric acid is used to produce copper, zinc, and other metals from their ores. The need for sulfuric acid is anticipated to rise along with the demand for these metals.
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