Procurement Resource Analyses the Production Cost of 1,3-Propanediol in its New Report
Analyses Overview of The New Production Cost Report of 1,3-Propanediol
The new report by Procurement Resource, a global procurement research, and consulting firm, looks in-depth into the costs involved in the production of 1,3-Propanediol. The comprehensive report analyses the production cost of the material, covering the raw material costs and co-product credit, equipment costs, land and site costs, labour wages, maintenance costs, financing charges, and depreciation costs. The extensive study describes the stepwise consumption of material and utilities along with a detailed process flow diagram. The report also assesses the latest developments within the 1,2-dichloroethane industry that might influence the costs of production, looking into the capacity expansions, plant turnarounds, mergers, acquisitions, and investments.
1,3-Propanediol is an organic compound. It is a three-carbon diol, which is a water-miscible, colorless, viscous liquid. The simplest member of the class of propane-1,3-diols with propane is 1,3-propanediol, where one hydrogen from each methyl group is replaced by a hydroxy group. It is utilized in the manufacture of some polymers, as well as a solvent and antifreeze. It is an aprotic solvent as well as a metabolite. Primarily, it is utilized as a building block in the production of polymers such as polytrimethylene terephthalate. Numerous industrial goods, such as composites, adhesives, laminates, coatings, moldings, aliphatic polyesters, and even Co-polyesters, can be formulated with 1,3-propanediol. It is also a component of wood paint. Among other food products, it can be used in alcoholic drinks, confections and frostings, frozen dairy products, and seasonings and flavorings.
Factors Impacting the 1,3-Propanediol Production Cost:
The growing use of polytrimethylene terephthalate (PTT) and polyurethane across various end-use sectors is predicted to drive the global 1,3 Propanediol (PDO) market. The growth of the personal care industry particularly in emerging regions of the Asia Pacific and Latin America is also projected to have a beneficial influence on the market growth. Growing environmental concerns and mandates are projected to help the expansion of the bio-based 1,3 PDO market. Favorable regulations and government policies supporting biodiesel production are expected to further augment the market expansion. Low white space availability on account of many proprietary methods created by the market participants is projected to fend off new competitors and may slow down market development.
Procurement Resource Assessment of 1,3-Propanediol Production:
The production cost report by Procurement Resource assesses the production process of 1,3-Propanediol via Hydration. In this procedure, water is added under moderately acidic conditions, in the presence of a catalyst (buffer solutions with a pH 4-5 or weak acidic ion-exchange resins), to create 3-hydroxypropionaldehyde. The 3-hydroxypropionaldehyde generated is further hydrogenated to finally yield. The second commonly used method to produce 1,3-Propanediol Production is via Hydroformylation. In this method, ethylene oxide is hydroformylated to generate 3-hydroxypropionaldehyde as an intermediate, which is then hydrogenated to yield 1,3-propanediol.
Procurement Resource ensures that our clients remain at the vanguard of their industries by providing actionable procurement intelligence with the help of our expert analysts, researchers, and domain experts. Our team of highly seasoned analysts undertake extensive research to provide our customers with the latest and up-to-date market reports, cost-models, price analysis, benchmarking, and category insights, which aid in simplifying the procurement process for our clientele. We work with a diverse range of procurement teams across industries to get real-time data and insights that can be effectively implemented by our customers. We also track the prices and production costs of an extensive range of goods and commodities, thus, providing you with the updated and reliable data. We, at Procurement Resource, with the help of the latest and cutting-edge techniques in the industry, help our clients understand the supply chain, procurement, and industry climate, so that they can form strategies which ensure their optimum growth.
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