The latest report titled “N-Propyl Acetate Production Cost Report” by Procurement Resource, a global procurement research and consulting firm, provides an in-depth cost analysis of the production process of N-Propyl Acetate.
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 N-Propyl Acetate production cost, looking into capacity expansions, plant turnarounds, mergers, acquisitions, and investments.
Procurement Resource Assessment of N-Propyl Acetate Production Process:
- From Esterification of Propanol with Acetic Acid: This report presents the detailed production methodology and cost analysis of N-Propyl Acetate industrial production across N-Propyl Acetate manufacturing plants. The esterification of the respective acid occurs through the chemical interaction between propanol and acetic acid, facilitated by an acid catalyst. This reaction is executed in the presence of potent acids like methane sulfonic acid, toluene sulfonic acid, or sulfuric acid, serving as catalysts that expedite the process. The result is the production of n-propyl acetate as the ultimate product.
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Product Definition:
n-Propyl acetate is an organic compound classified as an ester. It is derived from the esterification reaction between acetic acid and n-propanol, facilitated by an acid catalyst. With a molecular formula of C5H10O2, n-propyl acetate is a colorless liquid with a pleasant fruity odor. This ester finds versatile applications in various industries. In the manufacturing sector, it serves as a solvent for paints, coatings, and adhesives due to its fast evaporation rate and low toxicity. Additionally, n-propyl acetate is utilized in the food and fragrance industries for its fruity aroma, contributing to the formulation of flavors and fragrances. Its favorable properties make n-propyl acetate a valuable component in different industrial processes.
Market Drivers:
The market drivers for n-propyl acetate stem from its widespread applications in the paint and coatings industry. As a high-performance solvent, n-propyl acetate is favored for its ability to dissolve various resins and polymers, contributing to the formulation of paints, coatings, and adhesives. The growing demand for eco-friendly and low-VOC (volatile organic compound) products in the coatings sector further boosts the market for n-propyl acetate. Additionally, its application in the fragrance and flavor industry, where it acts as a solvent and imparts fruity notes, enhances its market demand. The expanding construction and automotive sectors globally, coupled with increasing consumer preference for sustainable and low-toxicity products, contribute to the continuous growth of the n-propyl acetate market.
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