AmandaWilliams – Page 28

Red wine Production Cost Analysis Report, Manufacturing Process, Provided by Procurement Resource

The latest report titled “Red wine Production Cost” by Procurement Resource, a global procurement research and consulting firm, provides an in-depth cost analysis of the production process of Red wine.

Procurement Resource study is based on the latest prices and other economic data available. It also offers 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). In addition, the report incorporates the production process with detailed process and material flow, capital investment, operating costs along with financial expenses and depreciation charges.

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Procurement Resource’s detailed report describes the stepwise consumption of material and utilities along with a detailed process flow diagram. Furthermore, the study assesses the latest developments within the industry that might influence Red wine production cost, looking into capacity expansions, plant turnarounds, mergers, acquisitions, and investments.

Procurement Resource Assessment of Red wine Production Process:

1. Red wine Production Cost Through fermentation: This report presents the detailed production methodology and cost analysis of Red wine industrial production across Red wine manufacturing plants. In the fermentation process, the fresh, dark grapes are first crushed and then fermented with the help of yeast. In addition to this, sulfur dioxide is also added to the grapes for the removal of harmful organisms and prevention of discoloration. The mixture is then macerated and pressed to produce wine. After that, via malolactic fermentation process, along with racking and clarification, red wine is obtained.

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Product Definition:

Dark-colored grapes are used to make red wine, which is produced by allowing the skins of the grapes to remain in contact with the juice throughout the fermenting process. Red wine’s distinctive color, body, and flavor are a result of this contact’s ability to remove pigments, tannins, and flavors from the grape skins. Depending on the grape variety and winemaking methods, it can have color ranging from pale red to deep purple or even garnet, but with time, the color intensity can fluctuate. Tannins are naturally occurring substances that can be found in grape skins and seeds and are present in red wine. Tannins aid in the structure, astringency, and aging potential of the wine.

Market Drivers:

Red wine can be used as a starting ingredient in the manufacturing of vinegar. Red wine vinegar is created when acetic acid bacteria transform the alcohol in wine through a fermentation process into acetic acid. Red wine vinegar is frequently used in marinades, salad dressings, and culinary applications. Red wine extracts that are obtained by extraction procedures are used to make a variety of goods. The possible antioxidant capabilities of these extracts make them suitable for use in the creation of cosmetics, skincare, and dietary supplements. In the production of foods and beverages, it can also be utilized as a natural coloring agent.

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Although Procurement Resource leaves no page unfurled in terms of the rigorous research for the commodities that make the heftiest base of your business, we incline more towards tailoring the reports per your specificities. All you need is one-to-one consulting with our seasoned consultants to comprehend the prime parameters you are looking to pin your research on.

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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 undertakes 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.

Procurement Resource 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. As a team of experts, we also track the prices and production costs of an extensive range of goods and commodities, thus, providing you with 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 that ensure their optimum growth.

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Silica sand Production Cost Analysis Report, Manufacturing Process, Provided by Procurement Resource

The latest report titled “Silica sand Production Cost” by Procurement Resource, a global procurement research and consulting firm, provides an in-depth cost analysis of the production process of Silica sand.

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Procurement Resource’s detailed report describes the stepwise consumption of material and utilities along with a detailed process flow diagram. Furthermore, the study assesses the latest developments within the industry that might influence Silica sand production cost, looking into capacity expansions, plant turnarounds, mergers, acquisitions, and investments.

Procurement Resource Assessment of Silica sand Production Process:

1. Silica sand Production Cost From quartz stone: This report presents the detailed production methodology and cost analysis of Silica sand industrial production across Silica sand manufacturing plants. Silica sand is produced by first crushing stone via a coarse crusher which is then transferred to a fine crusher on conveyor belts. Then, a vibrating screen separates pebbled and fine crushed materials. The fine crushed materials are then converted into silica sand in a sanding machine.

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Product Definition:

A naturally occurring granular substance made up of silicon dioxide in the shape of tiny, rounded grains is known as silica sand, often referred to as quartz sand. One of the most common minerals on the planet, it can be found in a variety of geological formations. The usage of silica sand is widespread in a variety of industrial applications. With a usual purity of 95% or greater, silicon dioxide makes up the majority of this sand. It might also contain trace amounts of other minerals such as feldspar, clay, and iron oxides. Small, rounded grains of silica sand have a size range of 0.0625 mm to 2 mm and the characteristics and uses of silica sand are influenced by the size and shape of the grain. The high melting point of silica sand, which is around 1,700°C, makes it appropriate for high-temperature processes like glass manufacture and metallurgical activities.

Market Drivers:

Silica sand is an industrial resource that may be employed in a variety of industries. It has a wide range of uses in various sectors thanks to its high silica concentration and homogeneous grain size. It is a main ingredient of concrete, mortar, and other building supplies. The stability and great strength of this sand increase the resilience of structures. With its chemical inertness and thermal resistance, silica sand is an essential component in the glass production. It can also tolerate high temperatures and produce precision casting, and thus is widely used in the molding and casting industries. It increases the mechanical toughness and heat resistance of ceramic and refractory materials and therefore is an essential raw element in their manufacture.

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Butanol Production Cost Analysis Report, Manufacturing Process, Raw Materials Requirements, Costs and Key Process Information, Provided by Procurement Resource

The latest report titled “Butanol Production” by Procurement Resource, a global procurement research and consulting firm, provides an in-depth cost analysis of the production process of Butanol.

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Procurement Resource’s detailed report describes the stepwise consumption of material and utilities along with a detailed process flow diagram. Furthermore, the study assesses the latest developments within the industry that might influence Butanol production cost, looking into capacity expansions, plant turnarounds, mergers, acquisitions, and investments.

Procurement Resource Assessment of Butanol Production Process:

1. Butanol Production Cost From propylene and syngas: This report presents the detailed production methodology and cost analysis of Butanol industrial production across Butanol manufacturing plants. In the reaction of propylene and syngas, a catalyst is added, and this reaction produces n-butyraldehyde and iso-butyraldehyde via an oxo-process. The n-butyraldehyde is extracted and is then subjected to a hydrogenation reaction to give butanol.

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2. Butanol Production Cost From propene via hydroformylation: This report provides the thorough economics of Butanol industrial production across Butanol manufacturing plants. The hydroformylation reaction of propene first produces butanal which on reduction gives butanol.

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3. Butanol Production Cost From ethanol via the Guerbet reaction: This report presents the extensive cost requirement of Butanol industrial production across Butanol manufacturing plants. In the Guerbet process, ethanol dimerizes to give butanol.

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4. Butanol Production Cost Via hydrogenation: This report presents the detailed production methodology and cost analysis of Butanol industrial production across Butanol manufacturing plants. The hydrogenation of butyraldehyde in presence of hydrogen produces butanol.

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5. Butanol Production Cost Via fermentation: This report provides the thorough economics of Butanol industrial production across Butanol manufacturing plants. In the fermentation process, natural products such as corn, raw sugar, etc., are converted into butanol.

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Product Definition:

Butanol is a colorless liquid with the chemical formula C4H10O that is popularly used in the synthesis of plasticizers, detergents, etc. In conventional practices, it was produced from propene but in modern production routes, it is produced via fermentation of biomass. It is also less poisonous than other alcohols and is thus safer to handle. Butanol is frequently employed as a solvent in a variety of sectors, including paints, coatings, adhesives, and pharmaceuticals. It also has a moderate viscosity. It can also be used as a biofuel and has more energy per unit than ethanol. It can be created by the fermentation of carbohydrates by specific bacteria or obtained chemically from fossil fuels. In recent years, there has been a lot of interest in it because of its potential as a sustainable and renewable substitute for gasoline.

Market Drivers:

The major driver of the butanol market is its application as a solvent in paints, natural resins, and other oil-derived industries. Butanol is a chemical building block used in the production of other substances. Esters, plasticizers, detergents, medicines, flavors, perfumes, and synthetic rubber are all made with it. It can also be used as a gasoline additive or as a biofuel. It is a popular alternative for blending with gasoline or diesel because of its high energy content and compatibility with the current fuel infrastructure. It can be generated using biological fermentation techniques, giving fossil fuels a renewable substitute. Natural products including perfumes, and essential oils are extracted using butanol as an extraction solvent. These important chemicals can be extracted and concentrated from plant materials because of its tendency to dissolve chemicals.

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Toll-Free Number: USA & Canada – Phone no: +1 307 363 1045 | UK – Phone no: +44 7537 132103 | Asia-Pacific (APAC) – Phone no: +91 1203185500
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Chlorine Dioxide Production Cost Analysis Report, Manufacturing Process, Raw Materials Requirements, Costs and Key Process Information, Provided by Procurement Resource

The latest report titled “Chlorine Dioxide Production” by Procurement Resource, a global procurement research and consulting firm, provides an in-depth cost analysis of the production process of Chlorine Dioxide.

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Procurement Resource’s detailed report describes the stepwise consumption of material and utilities along with a detailed process flow diagram. Furthermore, the study assesses the latest developments within the industry that might influence Chlorine Dioxide production cost, looking into capacity expansions, plant turnarounds, mergers, acquisitions, and investments.

Procurement Resource Assessment of Chlorine Dioxide Production Process:

1. Chlorine Dioxide Production Cost From Sulfuric Acid: This report presents the detailed production methodology and cost analysis of chlorine dioxide industrial production across chlorine dioxide manufacturing plants. In this procedure, chlorine dioxide is obtained by the reduction of sodium chlorate, which occurs due to the subjected sulfuric acid.

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2. Chlorine Dioxide Production Cost From Hydrochloric Acid: This report provides the thorough economics of chlorine dioxide industrial production across chlorine dioxide manufacturing plants. The process involves the reduction of sodium hypochlorite, which is accomplished by utilizing hydrochloric acid via electrolysis.

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Product Definition:

Chlorine dioxide is a molecule made up of one chlorine atom and two oxygen atoms, with a chemical formula of ClO2. It is a strong and volatile compound that is soluble in water and changes colour from reddish to yellowish-green gas at room temperature. Chlorine dioxide is commonly produced on-site from sodium chlorite or sodium chlorate. It is widely used as a disinfectant to destroy bacteria, viruses, and parasites in drinking water, such as Cryptosporidium parvum and Giardia lamblia. It also has antimicrobial and antivirus properties, making it useful in various industries, including pulp & paper, water treatment, food processing, construction, oil, and pharmaceuticals. Besides this, pure chlorine dioxide is hazardous, but the likelihood of exposure to dangerous levels of the gas is low as it breaks down quickly in the air into chlorine gas and oxygen.

Market Drivers:

Chlorine dioxide is a disinfectant that is wide widely used in the treatment of water. The demand for chlorine dioxide is increasing due to its use in treating industrial wastewater. Industries such as oil & gas, pharmaceuticals, and chemicals are experiencing rapid growth and require more water, thus driving the demand for chlorine dioxide. Government regulations regarding industrial wastewater and environmental concerns also contribute to market growth. In addition to industrial applications, chlorine dioxide also has increased usage within the food & beverage industry. Specifically, it is being utilized as an antimicrobial agent in washing fruits and vegetables and in poultry processing. The increased usage of chlorine in the food & beverage industry is mostly because the demand for processed food has been steadily rising on a global scale, and it is expected to be an increased demand for chlorine dioxide from this sector.

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Butene Production Cost Analysis Report, Manufacturing Process, Raw Materials Requirements, Costs and Key Process Information, Provided by Procurement Resource

The latest report titled “Butene Production” by Procurement Resource, a global procurement research and consulting firm, provides an in-depth cost analysis of the production process of Butene.

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Procurement Resource’s detailed report describes the stepwise consumption of material and utilities along with a detailed process flow diagram. Furthermore, the study assesses the latest developments within the industry that might influence Butene production cost, looking into capacity expansions, plant turnarounds, mergers, acquisitions, and investments.

Procurement Resource Assessment of Butene Production Process:

1. Butene Production Cost From ethylene: This report presents the detailed production methodology and cost analysis of Butene industrial production across Butene manufacturing plants. In this process, ethylene dimerizes via steam cracking process to give butene.

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2. Butene Production Cost Via Catalytic cracking: This report provides the thorough economics of Butene industrial production across Butene manufacturing plants. The catalytic cracking of long chains of hydrocarbons produced from crude oil refining is used to produce butene. The final step of this process is to purify butene via fractional distillation.

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3. Butene Production Cost Via dehydrogenation: This report presents the extensive cost requirement of Butene industrial production across Butene manufacturing plants. The dehydrogenation of butane is carried out using a catalyst to give butene.

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Product Definition:

Butene is an alkene that belongs to a class of hydrocarbons composed of linear or branched hydrocarbons containing four carbon atoms and a double bond. 1-butene, cis-2-butene, trans-2-butene, and isobutene are the four isomers of butene. At room temperature and pressure, butene is a colorless gas. Because of the double bond, it is highly reactive, which is one of its key characteristics. They can easily undergo addition reactions, which enables their use in a variety of industrial operations. The production of critical compounds like butadiene, which is required to make synthetic rubber, relies heavily on butene as a crucial feedstock.

Market Drivers:

Butene is a valuable feedstock used to make a variety of petrochemicals. It serves as the fundamental building block for the manufacture of substances like butadiene, a crucial ingredient in the creation of synthetic rubber. Butene is also used in the production of plastics, resins, fibres, and polymers. Fuel additives, in particular isobutene, are used to raise the octane rating of gasoline. It enhances gasoline’s combustion properties, lowering knocking and improving engine performance. Butene is also used in the creation of sealants and adhesives. It is employed to produce polymers with the appropriate adhesive qualities, such as flexibility, bonding power, and environmental resistance. In addition to this, synthetic lubricants are also produced using isobutene. Because of its unique qualities, lubricants with high viscosities and thermal stability may be produced, making them ideal for high-performance applications.

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Coal Production Cost Analysis Report, Manufacturing Process, Raw Materials Requirements, Costs and Key Process Information, Provided by Procurement Resource

The latest report titled “Coal Production” by Procurement Resource, a global procurement research and consulting firm, provides an in-depth cost analysis of the production process of Coal.

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Procurement Resource’s detailed report describes the stepwise consumption of material and utilities along with a detailed process flow diagram. Furthermore, the study assesses the latest developments within the industry that might influence Coal production cost, looking into capacity expansions, plant turnarounds, mergers, acquisitions, and investments.

Procurement Resource Assessment of Coal Production Process:

1. Coal Production Cost From Surface Mining: This report presents the detailed production methodology and cost analysis of coal industrial production across coal manufacturing plants. In this process, the first step is to clear the area of trees and other vegetation while removing and storing the topsoil layers. The hard layers above the coal seam are broken through by drilling, revealing the coal seam. Once exposed, the hard strata are fragmented or blasted using explosives, and the blasted material is removed. The top of the coal seam is then cleaned, and the coal seam is fragmented. Finally, haulage vehicles are used to load and move the loose coal.

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Product Definition:

Coal is a type of rock that burns and produces energy. It is usually black or brownish-black and forms layers called coal seams. It is made up mostly of carbon, with small amounts of other elements like hydrogen, sulfur, oxygen, and nitrogen. Coal is a type of fossil fuel that comes from ancient plants that used to grow in swamps and peat bogs. The energy produced from coal today is actually the energy that plants absorbed from the sun millions of years ago. Coal and petroleum are made from the remains of dead animals and plants that went through various biological and geological processes. However, burning coal releases harmful gases, like sulfur dioxide and nitrogen oxides, which contribute to acid rain. Using advanced technology like fluidized bed combustors, which mix limestone with coal to prevent sulfur dioxide from forming, can also help reduce emissions.

Market Drivers:

Coal has been widely recognized as a reliable and economical source of energy for decades. It is used as a primary fuel in thermal power plants to generate heat and electricity, but its applications extend far beyond that. Coal is also utilized in households and industries as a cost-effective fuel for heating and other purposes. In fact, many industries, such as iron and steel, rely heavily on coal to manufacture their products due to its high energy content and low cost. Moreover, its derivatives, such as coke, tar, and coal gas, are utilized in various industries, including chemical, pharmaceutical, and fertilizer, all of which contribute to the overall demand for coal. Despite concerns over its environmental impact, coal remains a vital source of energy for many countries worldwide, which drives its market.

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Citric Acid Production Cost Analysis Report, Manufacturing Process, Raw Materials Requirements, Costs and Key Process Information, Provided by Procurement Resource

The latest report titled “Citric Acid Production” by Procurement Resource, a global procurement research and consulting firm, provides an in-depth cost analysis of the production process of Citric Acid.

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Procurement Resource’s detailed report describes the stepwise consumption of material and utilities along with a detailed process flow diagram. Furthermore, the study assesses the latest developments within the industry that might influence Citric Acid production cost, looking into capacity expansions, plant turnarounds, mergers, acquisitions, and investments.

Procurement Resource Assessment of Citric Acid Production Process:

1. Citric Acid Production Cost Via Surface Fermentation: This report presents the detailed production methodology and cost analysis of citric acid industrial production across citric acid manufacturing plants. In this process, rice bran or wet corn grains are fermented, utilizing Aspergillus Niger for 24 hours to obtain citric acid.

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2. Citric Acid Production Cost Via Submerged Fermentation: This report provides the thorough economics of citric acid industrial production across citric acid manufacturing plants. The procedure involves the strains buried in the fermentation tank approximately 15 cm deep. The fermentation process is enhanced by utilizing aeration through air bubbles. After fermenting for 5-14 days, citric acid is obtained.

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Product Definition:

Citric acid is a type of weak acid that has a molecular formula of C6H8O7. It is commonly found in citrus fruits such as lemons and oranges and is also present in other fruits and vegetables. This acid is known for its sour taste and is often used as a flavoring agent in food and beverages. In appearance, it comes in the form of a white crystalline solid that has no smell. It is a tribasic acid, meaning that it can donate three hydrogen ions in a solution. Citric acid is available in two forms, which is monohydrate and anhydrous. While it is naturally present in many fruits and vegetables, it can also be synthesized from Mold. This synthetic form of citric acid is commonly used as an ingredient in a wide variety of products, including food and beverage additives, medications, supplements, and cleaning agents.

Market Drivers:

Citric acid is a type of weak organic acid that finds wide application in diverse industries due to its unique properties. It is commonly used as a flavoring and chelating agent, as well as an acidifier, in various products. In the food and beverage industry, this edible acid is often used as a preservative in soft drinks and other products. Additionally, it is used to remove limescale from boilers and evaporators. The increasing demand for citric acid in the food industry is one of the primary factors driving the market’s growth. The cleaning industry also uses citric acid extensively, especially in areas where phosphate use is restricted. Moreover, the pharmaceutical industry’s growth presents numerous new market opportunities. These industries play a key role in raising the demand for citric acid, propelling its market growth.

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Chlorine Production Cost Analysis Report, Manufacturing Process, Raw Materials Requirements, Costs and Key Process Information, Provided by Procurement Resource

The latest report titled “Chlorine Production” by Procurement Resource, a global procurement research and consulting firm, provides an in-depth cost analysis of the production process of Chlorine.

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Procurement Resource’s detailed report describes the stepwise consumption of material and utilities along with a detailed process flow diagram. Furthermore, the study assesses the latest developments within the industry that might influence Chlorine production cost, looking into capacity expansions, plant turnarounds, mergers, acquisitions, and investments.

Procurement Resource Assessment of Chlorine Production Process:

1. Chlorine Production Cost Via Oxidation: This report presents the detailed production methodology and cost analysis of chlorine industrial production across chlorine manufacturing plants. The production of chlorine involves the oxidation of hydrogen chloride along with catalysts such as copper and chromium.

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2. Chlorine Production Cost Via Electrolysis: This report provides the thorough economics of chlorine industrial production across chlorine manufacturing plants. This procedure involves electrolytically decomposition of aqueous or anhydrous hydrogen chloride in either gaseous or aqueous phase to obtain chlorine along with its byproduct hydrogen.

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3. Chlorine Production Cost From Electrolysis of salt: This report presents the extensive cost requirement of chlorine industrial production across chlorine manufacturing plants. In this process, brine sodium chloride is electrolyzed, which releases wet chlorine gas. Further, at the low-temperature range of 12-14 degrees Celsius, dry chlorine is obtained.

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4. Chlorine Production Cost From Chlor-alkali Process: This report provides an overview of the production process of and expense evaluation of chlorine industrial production across chlorine manufacturing plant. This procedure involves the utilization of NaCl salt, which is electrolyzed using a mercury cell, and hot chlorine is released. Further, this hot chlorine is cooled down at a temperature range of 12-14 degrees Celsius.

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Product Definition:

Chlorine is a chemical element with the symbol Cl and atomic number 17. It exists as a pale yellow-green gas and can cause skin burns when in liquid form. Chlorine is highly reactive and a strong oxidizer. It ranks third in electronegativity and has the highest electron affinity on the Pauling scale, after only oxygen and fluorine. The production of chlorine involves passing an electric current through a brine solution. Chlorine is an effective disinfectant, making it useful for treating drinking and swimming pool water. It also has various industrial applications, including the production of PVC plastic, which is used in many products such as window frames, car interiors, and electrical wiring insulation. Chlorine is also used in organic chemistry as an oxidizing agent and in substitution reactions. Most of pharmaceuticals use chlorine or its compounds at some point in manufacturing pharma products.

Market Drivers:

Chlorine is a versatile element used to produce a variety of chemicals and other products. One of its most common uses is as a disinfectant for water treatment. As the demand for water in industrial and commercial applications increases, so does the demand for chlorine. The market growth for chlorine is expected to be driven by the growing demand for chemical intermediates, such as hydrochloric acid, acid chlorides, hypochloric acid, metal chlorides, chloroform, and other chlorine derivatives. Additionally, the demand for EDC/PVC resins and products used in construction and utility parts, such as roofing materials, wall panels, seals, piping systems, coatings, and many other products, is expected to further fuel market growth. The pharmaceutical industry also relies on chlorine for the production of most drugs, including chloroform. Therefore, these sectors are the driving force behind the market growth of chlorine.

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Bronopol Prices, Trends & Forecasts | Provided by Procurement Resource

Bronopol, or 2-Bromo-2-nitro-1,3-propanediol with the molecular formula C3H6BrNO4, is an organic nitro compound and a chemical compound of bromine. It is an extremely active antimicrobial compound which appears to be a crystalline powder with colours ranging from white to pale yellow. It is completely soluble in water but does not dissolve in non-polar solvents. However, it is likely to dissolve in polar organic solvents.

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The top exporters of the commodity are Germany, China, and the United Kingdom while the top importers are The United States, Vietnam, and Chile.

Key Details About the Bronopol Price Trend:

Procurement Resource does an in-depth analysis of the price trend to bring forth the monthly, quarterly, half-yearly, and yearly information on the Bronopol price in its latest pricing dashboard. The detailed assessment deeply explores the facts about the product, price change over the weeks, months, and years, key players, industrial uses, and drivers propelling the market and price trends.

Each price record is linked to an easy-to-use graphing device dated back to 2014, which offers a series of functionalities; customization of price currencies and units and downloading of price information as excel files that can be used offline.

The Bronopol Price chart, including India Bronopol price, USA Bronopol price, pricing database, and analysis can prove valuable for procurement managers, directors, and decision-makers to build up their strongly backed-up strategic insights to attain progress and profitability in the business.

Industrial Uses Impacting Bronopol Price Trend:

Bronopol is an anti-microbial agent which is mainly used as a preservative in many personal care products like cosmetics, shampoos, and topical medications, which drives its market growth. Furthermore, it also works as an anti-infective agent in paper mills, production facilities, oil exploration, as well as water disinfecting plants. It is also added to germicides and fungicides and is also used as a preservative for wood and pharmaceuticals. Other end users where the product is employed include air conditioning, humidifiers, air washer systems, paper mills, absorbent clays, printing inks, metal working fluids, paints and adhesives and chemical toilets as a replacement for formaldehyde.

Key Players:

BASF
Fujian Shaowu
Gayathri Chemicals and Agencies
The Dow Chemical Company
Symbolic Pharma
Shanghai Rich Chemicals
Sharon laboratories

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Procurement Resource offers in-depth research on product pricing and market insights for more than 500 chemicals, commodities, and utilities updated daily, weekly, monthly, and annually. It is a cost-effective, one-stop solution for all your market research requirements, irrespective of which part of the value chain you represent.

We have a team of highly experienced analysts who perform comprehensive research to deliver our clients the newest and most up-to-date market reports, cost models, price analysis, benchmarking, and category insights, which help in streamlining the procurement process for our clientele. Our team tracks the prices and production costs of a wide variety of goods and commodities, hence, providing you with the latest and consistent data.

To get real-time facts and insights to help our customers, we work with a varied range of procurement teams across industries. At Procurement Resource, we support our clients, with up-to-date and pioneering practices in the industry, to understand procurement methods, supply chain, and industry trends, so that they can build strategies to achieve maximum growth.

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Base oil Prices, Trends & Forecasts | Provided by Procurement Resource

Base oil comprising naphthenics and Group I, II and III paraffinic base oils are varying oils with distinct properties and applications. These oils are derived by extracting and treating high-viscosity material from the vacuum gas oil’s narrow distillation cuts. It is the main element in any industrial lubricant and decides its categorisation on the basis of base oil added, such as synthetic oil, vegetable oils and mineral oil. The oils have excellent properties like oxidation, volatility, pour point, viscosity limitation, thermal stability, viscosity index, hydraulic stability, and aniline point.

Request for Real-Time Base oil Prices: https://procurementresource.com/resource-center/base-oil-price-trends/pricerequest

The top importers of base oil are India, Vietnam, and the United States whereas its top exporters are South Korea and Germany.

Key Details About the Base oil Price Trend:

Procurement Resource does an in-depth analysis of the price trend to bring forth the monthly, quarterly, half-yearly, and yearly information on the Base oil price in its latest pricing dashboard. The detailed assessment deeply explores the facts about the product, price change over the weeks, months, and years, key players, industrial uses, and drivers propelling the market and price trends.

The Base oil Price chart, including India Base oil price, USA Base oil price, pricing database, and analysis can prove valuable for procurement managers, directors, and decision-makers to build up their strongly backed-up strategic insights to attain progress and profitability in the business.

Industrial Uses Impacting Base oil Price Trend:

The market demand for base oil is mainly driven by the automotive industry and its use as a component added to lubricants, engine oils, transmission and gear greases etc. it is also added to in-process oils and general lubricants used in industrial processes, which boosts its market growth furthermore, the oils work perfectly as metalworking fluids owing to their great solvency properties. In addition, base oils are not classed as fuels and are hence used as blend stock to formulate other lubricating oils that are added to engines and different sorts of machinery.

Key Players:

Chevron Corporation
Exxon Mobil Corporation
Hyundai and Shell Base Oil Co.
Petro-Canada Lubricant
Saudi Arabian Oil Co.

News & Recent Development

23 June 2023- The market for Asian base oils is sluggish due to an oversupply issue and frail demand.