Acrylic Acid Production Cost Analysis 2021
Acrylic acid, better known by its IUPAC name propenoic acid, is a well known organic compound. It is also known as acroleic acid. It is the simplest unsaturated carboxylic acid that is composed of a vinyl group connected to a carboxylic acid terminus. This colourless solvent has a characteristic acrid or tart smell. It is soluble with water, alcohol, ethers, as well as with chloroform. More than a million tons of this chemical solvent is manufactured every year.
Acrylic acid is processed with typical reactions of a carboxylic acid. When it is reacted with an alcohol, it forms the corresponding ester. The esters or salts of acrylic acid are collectively known as acrylates (or propenoates). The most widely available alkyl esters of acrylic acid are methyl, butyl, ethyl, and 2-ethyl hexyl acrylates. Acrylic acid or its esters can readily combine with themselves in order to form polyacrylic acid or other monomers, for example, the acrylamides, acrylonitrile, vinyl compounds, styrene, and butadiene, by reacting at their double bond, forming homopolymers or copolymers that are further utilised in the production of numerous plastics, coatings, adhesives, elastomers, as well as floor polishes and paints. Acrylic acid is widely used in numerous industries like the diaper industry, the water treatment industry, or the textile industry.
Procurement Resource provides an in-depth cost analysis of Acrylic Acid production. The report incorporates the manufacturing process with detailed process and material flow, capital investment, operating costs along with financial expenses and depreciation charges. The study is based on the latest prices and other economic data available. We also offer 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).