Chromic Acid Manufacturing Plant Project Report thoroughly focuses on every detail that encompasses the cost of manufacturing. Our extensive cost model meticulously covers breaking down expenses around raw materials, labour, technology, and manufacturing expenses. This enables precise cost structure optimization and helps in identifying effective strategies to reduce the overall cash cost of manufacturing.
Chromic acid is an oxidizing agent that is used in chromium plating and metal finishing. It is used in electroplating as an intermediate for chromium plating. It provides a decorative and corrosion-resistant coating on metal surfaces. It is used in the glass and ceramics industries for the production of colored glass and ceramic glazes. It works as a powerful cleaning agent in laboratories for removing organic residues from glassware. It is used in the musical instrument repair industry to brighten raw brass. It works as a mordant that helps in chemical reactions between dyes and fabrics for better textile coloration. It is used in organic chemistry as an oxidizing agent for converting primary alcohols into carboxylic acids and secondary alcohols into ketones. It is toxic and carcinogenic and needs proper regulation in its usage.
The manufacturing of Chromic Acid utilizes sulfuric acid and bichromate of soda as the major feedstock. The changes in prices and availability of these raw materials affect the production of Chromic Acid.
The procurement of sulfuric acid is influenced by the availability and price of major raw materials used in its manufacturing, like elemental sulfur and pyrite ores. Elemental sulfur is a byproduct of oil and gas extraction, and fluctuations in energy prices affect its procurement, while strict standards on mining practices affect pyrite ores sourcing. Its changing demand in downstream industries like fertilizer production, chemical manufacturing, petroleum refining, metal processing, etc, affects its prices and availability. Strict regulations on the production and use of sulfuric acid add to its procurement costs.
Bichromate of soda is another major feedstock, and its sourcing is affected by the availability of its raw materials like sodium chromate (fluctuations in the supply of chromite affect its sourcing) and sulfuric acid (prices and availability of elemental sulfur, sulfur dioxide, and pyrite affects sulfuric acid sourcing). The changes in demand in industries like metal finishing, leather tanning, and chemical manufacturing further affect its sourcing and costs. Other factors like instability in regions producing raw materials affect its production costs.
The market of chromic acid is driven by its increasing demand in metal finishing applications. Its utilization in the aerospace and automotive sectors to improve corrosion resistance contributes to its market growth. Its use in the glass and ceramics industry makes it a popular product. Its usage as an important reagent in multiple chemical processes boosts its demand. Its utilization as mordant fuels its demand in the textile industry. The growth in infrastructure development in developing economies fuels the demand for chromic acid-based coatings and treatments.
The Asia-Pacific region leads its market because of rapid industrialization and infrastructure development in the region. Its production costs and increasing applications in metal finishing, leather tanning, and wood preservation further drive its demand in the Asia-Pacific region. North American market is driven by established industrial practices and strict environmental regulations that promote its usage in metal surface treatments and coatings.
The CAPEX for chromic acid manufacturing plant includes costs of glass-lined or stainless-steel reactors, along with agitators and mixers. It also includes the costs of heat exchangers, scrubbers capture, plate and frame filters or rotary drum filters, and centrifuges. Flaking machines, rotary dryers, storage tanks (stainless steel or lined materials), specialized pumps, and corrosion-resistant pipelines also come under CAPEX. The OPEX for its production facility includes costs of raw materials and energy consumption in steam boilers, cooling towers, and power generators. It also includes costs for regular maintenance of mobile cranes, forklifts, and corrosion-resistant tools. Automated monitoring that uses SCADA systems, along with air emission monitors and waste treatment reactors, also comes under CAPEX.
This report comprises a thorough value chain evaluation for Chromic Acid manufacturing and consists of an in-depth production cost analysis revolving around industrial Chromic Acid manufacturing.
The production process of chromic acid involves a reaction between sodium bichromate and sulfuric acid. In this reaction, sodium bichromate reacts with sulfuric acid, which leads to its acidification, forming chromic acid. This reaction gives chromic acid as the final product, water, and other byproducts.
Chromic acid has a molecular formula of H2CrO4 and a molecular weight of 118.008 g/mol. It appears as dark red crystals or a dark red solution with no odor and a density of 1.201 g/cm³. Its melting point is 197 degree Celsius, and it has a boiling point of 250 degree Celsius. It is highly soluble in water and shows strong acidity, with pKa values that range from -0.8 to 1.6. It contains chromium in the +6 oxidation state, which makes it a powerful oxidizing agent. It reacts with organic compounds, oxidizing primary alcohols and aldehydes to carboxylic acids and secondary alcohols to ketones. It can react with hydrochloric acid to produce chromyl chloride. It is highly toxic and corrosive when in contact with organic materials and leads to violent reactions or explosions. All these chemical and physical properties make it useful in metal finishing and organic synthesis. It requires careful handling because of its hazardous nature.
Chromic Acid Manufacturing Plant Report provides you with a detailed assessment of capital investment costs (CAPEX) and operational expenses (OPEX), generally measured as cost per metric ton (USD/MT). This approach ensures that your investment decisions are aligned with the latest industry standards and economic feasibility metrics, enhancing your manufacturing efficiency and financial planning.
Apart from that, this Chromic Acid manufacturing plant report also covers the leading technology providers that help you plan a robust plan of action related to Chromic Acid manufacturing plant and its production process(es), and also by helping you with an in-depth supplier database. This report provides exclusive insights into the best manufacturing practices for Chromic Acid and technology implementation costs. This report also covers operational cash flow, fixed and variable costs, and detailed break-even point analysis, ensuring that your manufacturing process is not only efficient but also economically viable in the competitive market landscape.
In addition to operational insights, the Chromic Acid manufacturing plant report also comprehensively focuses on lifecycle cost analysis, maintenance costs, and energy consumption costs, which are critical for maintaining long-term sustainability and profitability. Our manufacturing cost analysis extends to include regulatory compliance costs, inventory holding costs, and logistics and distribution costs, providing a holistic view of the potential expenses and savings.
We at Procurement Resource ensure that this report is not only cost-efficient, environmentally sustainable, and aligned with the latest technological advancements but also that you are equipped with all necessary tools to optimize supply chain operations, manage risks effectively, and achieve superior market positioning for Chromic Acid.
Report Features | Details |
---|---|
Report Title | Chromic Acid Manufacturing Plant Project Report |
Preface | Overview of the study and its significance. |
Scope and Methodology | Key Questions Answered, Methodology, Estimations & Assumptions. |
Executive Summary | Global Market Scenario, Production Cost Summary, Income Projections, Expenditure Projections, Profit Analysis. |
Global Market Insights | Market Overview, Historical and Forecast (2019-2029), Market Breakup by Segment, Market Breakup by Region, Price Trends (Raw Material Price Trends, Chromic Acid Price Trends), Competitive Landscape (Key Players, Profiles of Key Players). |
Detailed Process Flow | Product Overview, Properties and Applications, Manufacturing Process Flow, Process Details. |
Project Details | Total Capital Investment, Land and Site Cost, Offsites/Civil Works Cost, Plant Machinery Cost, Auxiliary Equipment Cost, Contingency, Consulting and Engineering Charges, Working Capital. |
Variable Cost Analysis | Raw Material Specifications, Raw Material Consumption, Raw Material Costs, Utilities Consumption and Costs, Co-product Cost Credit, Labour Requirements and Costs. |
Fixed Cost Analysis | Plant Repair & Maintenance Cost, Overheads Cost, Insurance Cost, Financing Costs, Depreciation Charges. |
General Sales and Administration Costs | Costs associated with sales and administration |
Project Economics | Techno-economic Parameters, Income Projections, Expenditure Projections, Financial Analysis (Payback Period, Net Present Value, Internal Rate of Return), Profit Analysis, Production Cost Summary. |
Report Format | PDF for BASIC and PREMIUM; PDF+Dynamic Excel for ENTERPRISE. |
Pricing and Purchase Options | BASIC: USD 2999 PREMIUM: USD 3999 ENTERPRISE: USD 5999 |
Customization Scope | The report can be customized based on the customer’s requirements. |
Post-Sale Analyst Support | 10-12 Weeks of support post-sale. |
Delivery Format | PDF and Excel via email; editable versions (PPT/Word) on special request. |
1 Preface
2 Scope and Methodology
2.1 Key Questions Answered
2.2 Methodology
2.3 Estimations & Assumptions
3 Executive Summary
3.1 Global Market Scenario
3.2 Production Cost Summary
3.3 Income Projections
3.4 Expenditure Projections
3.5 Profit Analysis
4 Global Chromic Acid Market
4.1 Market Overview
4.2 Historical and Forecast (2019-2029)
4.3 Market Breakup by Segment
4.4 Market Breakup by Region
4.6 Price Trends
4.6.1 Raw Material Price Trends
4.6.2 Chromic Acid Price Trends
4.7 Competitive Landscape
4.8.1 Key Players
4.8.2 Profiles of Key Players
5 Detailed Process Flow
5.1 Product Overview
5.2 Properties and Applications
5.3 Manufacturing Process Flow
5.4 Process Details
6 Project Details, Requirements and Costs Involved
6.1 Total Capital Investment
6.2 Land and Site Cost
6.3 Offsites/ Civil Works Cost
6.4 Plant Machinery Cost
6.5 Auxiliary Equipment Cost
6.6 Contingency, Consulting and Engineering Charges
6.6 Working Capital
7 Variable Cost Analysis
7.1 Raw Materials
7.1.1 Raw Material Specifications
7.1.2 Raw Material Consumption
7.1.3 Raw Material Costs
7.2 Utilities Consumption and Costs
7.3 Co-product Cost Credit
7.4 Labour Requirements and Costs
8 Fixed Cost Analysis
8.1 Plant Repair & Maintanence Cost
8.2 Overheads Cost
8.3 Insurance Cost
8.4 Financing Costs
8.5 Depreciation Charges
9 General Sales and Administration Costs
10 Project Economics
10.1 Techno-economic Parameters
10.2 Income Projections
10.3 Expenditure Projections
10.4 Financial Analysis
10.5 Profit Analysis
10.5.1 Payback Period
10.5.2 Net Present Value
10.5.3 Internal Rate of Return
11 References
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