Carbon monoxide (CO) is a chemical compound formed by the combination of carbon and oxygen atoms. It is a colorless, tasteless, flameless, and odorless gas formed by the incomplete combustion of coal, wood, and other carbon-containing matter. Carbon monoxide is widely used as a metallurgical reducing agent and as raw material in the chemical industry for synthesizing acids, alcohols, esters, and various intermediate compounds. It is also utilized in industrial and domestic heating, infrared lasers, methanol production, metal fabrication, ore processing, and packaging of fresh meat products, such as beef and fish. As a result, carbon monoxide is extensively utilized in the electronics, pharmaceutical, food and beverage (F&B), and chemical industries.
The significant growth in the metals and mining industry across the globe is creating a positive outlook for the market. Carbon monoxide plays a key role in the extraction of metals from their ores and the production of metal carbonyls. Moreover, the rising demand for syngas or synthesis gas formed by the combination of hydrogen, carbon monoxide, carbon dioxide, and methane as an alternative fuel, is acting as a growth-inducing factor. Apart from this, the increasing product utilization in the pharmaceutical industry as an active ingredient in drug manufacturing and as a potent therapeutic agent for the treatment of numerous diseases, such as cancer and rheumatoid arthritis, is providing an impetus to market growth. Furthermore, the rising demand for carbon monoxide-based lasers in aerospace science and technology are providing a considerable boost to the market growth. Other factors, including the increasing utilization of the compound as a reducing agent in processing industries, rising environmental concerns, shortage of conservative petroleum resources, significant technological advancements in solid-to-gas conversion techniques, and the increasing demand for highly pure carbon monoxide from the electronic industry for semiconductor applications, are anticipated to drive the market toward growth.
This production cost analysis report by Syndicated Analytics is the result of a comprehensive examination of the carbon monoxide manufacturing process. The study covers all the requisite aspects that one needs to know while making a foray into the carbon monoxide industry. It is based on the latest economic data and presents exhaustive insights about the primary process flow, raw material requirements, reactions involved, utility costs, operating costs, capital investments, pricing, margins, etc. This report is a must-read for entrepreneurs, investors, researchers, consultants, business strategists, and all those who have any kind of stake in the carbon monoxide industry.
The following technical and economic aspects are included in the report:
Key Questions Answered in This Report-
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1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Research Methodology
3 Executive Summary
4 Global Carbon Monoxide Market
4.1 Market Overview
4.2 Historical and Current Market Performance
4.3 Impact of COVID-19
4.4 Market Forecast
4.5 Market Breakup by Segment
4.6 Market Breakup by Region
4.7 Price Trends
4.7.1 Carbon Monoxide Price Trends
4.7.2 Product Margins
5 Carbon Monoxide Manufacturing Process
5.1 Product Overview
5.2 Detailed Process Flow
5.3 Various Types of Unit Operations Involved
5.4 Mass Balance and Raw Material Requirements
6 Production Cost Analysis
6.1 Raw Material Cost Analysis
6.1.1 Price Trend of Raw Materials Required
6.1.2 Total Expense on Raw Materials
6.2 Utility Cost Analysis
6.2.1 Electricity Costs
6.2.2 Steam Costs
6.2.3 Process Water Costs
6.2.4 Total Expense on Utilities
6.3 Operating Cost Analysis
6.3.1 Salaries and Wages
6.3.2 Plant Overheads
6.3.3 Tax and Insurance
6.3.4 Packaging Costs
6.3.5 Transportation Costs
6.3.6 Sales and Administration Costs
6.3.7 Total Operating Costs
6.4 Capital Cost Analysis
6.4.1 Land and Site Development Costs
6.4.2 Civil Work Costs
6.4.3 Plant Machinery and Commissioning Costs
6.4.3.1 Plant Machinery Costs
6.4.3.2 Auxiliary Equipment Cost
6.4.3.3 Electrical Works and Piping Costs
6.4.3.4 Other Fixed Costs
6.4.4 Working Capital Requirements for Plant Operation
6.4.5 Total Capital Investment Required
6.5 Total Production Cost
7 Annexure
7.1 Raw Material Suppliers
7.2 Pant Machinery Suppliers
List of Figures
Figure 1: Global: Carbon Monoxide Market: Major Drivers and Challenges
Figure 2: Global: Carbon Monoxide Market: Value Trends (in Million US$), 2017-2022
Figure 3: Global: Carbon Monoxide Market Forecast: Value Trends (in Million US$), 2023-2028
Figure 4: Global: Carbon Monoxide Market: Breakup by Segment (in %), 2022
Figure 5: Global: Carbon Monoxide Market: Breakup by Region (in %), 2022
Figure 6: Carbon Monoxide: Price Trends, 2017 & 2022
Figure 7: Carbon Monoxide: Margins Across Various Stages of the Supply Chain
Figure 8: Carbon Monoxide: Breakup of Costs
Figure 9: Carbon Monoxide Price Structure
Figure 10: Carbon Monoxide: Manufacturing Process Flow
Figure 11: Carbon Monoxide: Manufacturing Process: Conversion Rate of Raw Materials
Figure 12: Carbon Monoxide: Raw Material Price Trends, 2017 & 2022
List of Tables
Table 1: Carbon Monoxide Manufacturing: Raw Material Requirements
Table 2: Carbon Monoxide Manufacturing: Raw Material Costs
Table 3: Carbon Monoxide Manufacturing: Electricity Costs
Table 4: Carbon Monoxide Manufacturing: Steam Costs
Table 5: Carbon Monoxide Manufacturing: Process Water Costs
Table 6: Carbon Monoxide Manufacturing: Total Utility Costs
Table 7: Carbon Monoxide Manufacturing Plant: Costs Related to Salaries and Wages
Table 8: Carbon Monoxide Manufacturing: Packaging Costs
Table 9: Carbon Monoxide Manufacturing: Transportation Costs
Table 10: Carbon Monoxide Manufacturing: Sales and Administration Costs
Table 11: Carbon Monoxide Manufacturing: Total Operating Costs
Table 12: Carbon Monoxide Manufacturing: Costs Related to Land and Site Development
Table 13: Carbon Monoxide Manufacturing: Costs Related to Civil Works
Table 14: Carbon Monoxide Manufacturing: Costs Related to Plant Machinery
Table 15: Carbon Monoxide Manufacturing: Costs Related to Auxiliary Equipment
Table 16: Carbon Monoxide Manufacturing: Costs Related to Electrical works and Piping
Table 17: Carbon Monoxide Manufacturing: Total Costs Related to Plant Machinery and Commissioning
Table 18: Carbon Monoxide Manufacturing: Working Capital Requirements
Table 19: Carbon Monoxide Manufacturing: Total Capital Investment Required
Table 20: Carbon Monoxide Manufacturing: Total Production Cost
Table 21: Carbon Monoxide Manufacturing: Raw Material Suppliers
Table 22: Carbon Monoxide Manufacturing: Machinery Suppliers
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