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Sodium Iodide Manufacturing Plant Project Report 2025: Market by Region, Market by Application, Key Players, Pre-feasibility, Capital Investment Costs, Production Cost Analysis, Expenditure Projections, Return on Investment (ROI), Economic Feasibility, CAPEX, OPEX, Plant Machinery Cost
Sodium Iodide Manufacturing Plant Project Report: Key Insights and Outline
Sodium Iodide 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.
Sodium iodide is an ionic compound with different industrial applications across multiple sectors. It works as a nutritional supplement mainly in the iodization of table salt to prevent iodine deficiency. It is used in the pharmaceutical industry as a source of iodine in treatments for thyroid disorders. It is also used as a radiopharmaceutical in nuclear medicine, where radioactive isotopes like NaI-125 and NaI-131 are used for imaging and cancer treatment. It is utilized in organic chemistry in reactions like the Finkelstein reaction, where it is used for the conversion of alkyl chlorides to alkyl iodides. It is employed in the textile and cosmetic industries because of its hygroscopic properties. Sodium iodide is used in scintillation detectors for radiation detection, which makes it important in fields such as nuclear physics and environmental monitoring.
Top 5 Manufacturers of Sodium Iodide
- Curium US Holdings
- General Electric Healthcare Incorporated
- Samrat Pharmachem Private Limited
- Eskay Fine Chemicals Private Limited
- Pharmachem Private Limited
Feedstock for Sodium Iodide
The major feedstock used in the manufacturing of sodium iodide are sodium hydroxide and hydroiodic acid. The change in the market dynamics of this first line of raw materials affects the production of sodium iodide.
The procurement of sodium hydroxide is affected by several factors. The costs of raw materials like sodium chloride and water directly affect its pricing, along with production costs related to labor and energy. Its demand in downstream industries like pulp and paper, textiles, and chemicals affects its prices and availability. Other factors like geopolitical stability in producing regions also impact supply chains, while compliance with stricter environmental regulations further increases operational costs. Logistics and transportation costs vary according to distance from production facilities and shipping methods. Also, advancements in production technology improve efficiency and reduce costs that further impact industrial procurement of sodium hydroxide.
The sourcing of hydroiodic acid is influenced by several key factors. Its demand in the pharmaceutical industry for iodine-based compounds and in electronics for semiconductor manufacturing affects its price and availability. The availability of raw materials, especially iodine and other precursors, is important, and any fluctuations in their supply and pricing can impact procurement strategies. Regulatory compliance regarding the handling and transportation of hazardous materials like hydroiodic acid needs to follow strict guidelines that affect costs and processes. Other factors like the location of suppliers and production facilities impact logistics and transportation costs that further affect its overall procurement.
Market Drivers for Sodium Iodide
The market for Sodium Iodide is driven by several key factors. Its utilization in the prevention and treatment of iodine deficiency contributes to its market growth in medicines and supplements. Its usage in the manufacturing of nuclear medicine for treating thyroid cancer and hyperthyroidism further expands its demand. Its use in veterinary medicine as an anti-inflammatory and anti-infective agent makes it a popular product.
Its utilization in the manufacturing of alkyl halides, allyl halides, etc., expands its demand in chemical synthesis. Also, its use in modern medical imaging technologies such as PET scans and tomography boosts its demand in the medical sector. It is recognized by the WHO for expanded radiological services globally, leading to its increasing demand in the global markets. The Asia-Pacific region leads the sodium iodide market because of growing industrialization and increasing healthcare investments.
The CAPEX for a sodium iodide production plant includes the costs of reactors (glass-lined or stainless steel), crystallizers, rotary or tray dryers, filtration, and mixing tanks. It also includes storage tanks (HDPE or stainless steel), automation and monitoring systems, including PLC and SCADA systems, and environmental compliance infrastructure. OPEX for sodium iodide includes costs of raw material, energy use, labor, maintenance, and regulatory compliance. Packaging and distribution expenses, including moisture-proof containers for sodium iodide and transportation to end-users, along with waste management costs, are also covered under OPEX.
Manufacturing Process
This report comprises a thorough value chain evaluation for Sodium Iodide manufacturing and consists of an in-depth production cost analysis revolving around industrial Sodium Iodide manufacturing.
- From Hydroiodic Acid: The feedstock for this process includes sodium hydroxide and hydroiodic acid.
The manufacturing process of sodium iodide involves a reaction between sodium hydroxide and hydroiodic acid. In this process, sodium hydroxide is reacted with hydroiodic acid, resulting in the formation of sodium iodide and water as a byproduct. The reaction conditions are controlled to get optimal yield and purity. After the reaction, the resulting solution is filtered and crystallized to get pure sodium iodide as the final product.
Properties of Sodium Iodide
Sodium iodide has a molecular formula of NaI and a molecular weight of 149.89 g/mol. It is a white, odorless crystalline solid that can absorb moisture from the air. It has a density of 3.67 g/cm³ with a melting point of 661 °C and a boiling point of 1,304 °C. It is highly soluble in water and also dissolves in polar solvents like acetone and ethanol. It is a strong ionic crystal lattice structure that readily reacts with sulfuric acid to produce hydrogen iodide and sodium bisulfate. It also reacts with chlorine to form sodium chloride and iodine. It gets oxidized by atmospheric oxygen that converts iodide ions into molecular. All these physical and chemical properties make it useful in pharmaceuticals, organic synthesis, and as a scintillation material in radiation detection.
Sodium Iodide 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 Sodium Iodide manufacturing plant report also covers the leading technology providers that help you plan a robust plan of action related to Sodium Iodide 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 Sodium Iodide 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 Sodium Iodide 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 Sodium Iodide.
Key Insights and Report Highlights
| Report Features | Details |
|---|---|
| Report Title | Sodium Iodide 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, Sodium Iodide 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. |
Key Questions Covered in our Sodium Iodide Manufacturing Plant Report
- How can the cost of producing Sodium Iodide be minimized, cash costs reduced, and manufacturing expenses managed efficiently to maximize overall efficiency?
- What are the initial investment and capital expenditure requirements for setting up a Sodium Iodide manufacturing plant, and how do these investments affect economic feasibility and ROI?
- How do we select and integrate technology providers to optimize the production process of Sodium Iodide, and what are the associated implementation costs?
- How can operational cash flow be managed, and what strategies are recommended to balance fixed and variable costs during the operational phase of Sodium Iodide manufacturing?
- How do market price fluctuations impact the profitability and cost per metric ton (USD/MT) for Sodium Iodide, and what pricing strategy adjustments are necessary?
- What are the lifecycle costs and break-even points for Sodium Iodide manufacturing, and which production efficiency metrics are critical for success?
- What strategies are in place to optimize the supply chain and manage inventory, ensuring regulatory compliance and minimizing energy consumption costs?
- How can labor efficiency be optimized, and what measures are in place to enhance quality control and minimize material waste?
- What are the logistics and distribution costs, what financial and environmental risks are associated with entering new markets, and how can these be mitigated?
- What are the costs and benefits associated with technology upgrades, modernization, and protecting intellectual property in Sodium Iodide manufacturing?
- What types of insurance are required, and what are the comprehensive risk mitigation costs for Sodium Iodide manufacturing?
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 Sodium Iodide 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 Sodium Iodide 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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