Phosphoric Acid Production Cost Analysis 2020
Phosphoric acid, better known as orthophosphoric acid or phosphoric(V) acid, is a weak acid. It is generally encountered as a colourless syrup of 85% concentration in water. Phosphoric acid is typically encountered in chemical laboratories as an 85% aqueous solution. Even though the phosphoric acid does not meet the strict definition of a strong acid, yet the 85% solution can irritate the skin and damage the eyes.
The dominant use of phosphoric acid can be seen as fertilisers, consuming approximately 90% of production. Food-grade phosphoric acid is utilised to acidify foods as well as beverages, for example, in various colas and jams, it is used to impart a tangy or sour taste. Soft drinks that are composed of phosphoric acid are sometimes called phosphate sodas or phosphates. Some of the other applications of phosphoric acid include its use in anti-rust treatment, as a pH adjuster in skin-care and other cosmetics products, in phosphoric acid fuel cells, and in compound semiconductor processing.
Procurement Resource provides an in-depth cost analysis of Phosphoric 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).