Heptanoic acid, with the formula (C7H14O2), is a colorless oily liquid with a pungent odor that is slightly soluble in water and highly soluble in ethanol and ether. Also known as enanthic acid, it is an organic compound composed of a seven-carbon chain terminating in a carboxyl acid. It is widely used in vinyl plasticizers which are used in the automotive industry, and in synthetic lubricants, which are used in polyol esters. In addition, it is employed in preparing esters, such as ethyl heptanoate, which are used in fragrances and as artificial flavors. Owing to these properties, heptanoic acid finds extensive applications across food and beverage (F&B), aviation, automobile, cosmetics, personal care, chemicals, pharmaceuticals, and construction industries.
The market is primarily driven by the increasing demand for heptanoic acid in the automobile industry. Heptanoic acid is deployed in lubricants in the form of esters, such as neopolyol esters, that are used in car motor oils, metalworking fluids, plasticizers, and brake fluids, which is contributing to the market growth. In addition, the increasing construction activities and rising demand for highly advanced equipment in emerging economies represent another major growth-inducing factor. Moreover, heptanoic acid is used as an industrial lubricant owing to its unique characteristics, such as lower viscosity at lower temperatures and lower volatility at high temperatures, along with its good corrosion properties, which is accelerating the product adoption rate. Besides this, the increasing product application in the personal care and cosmetics industry, on account of its ability to synthesize bio-based skin conditioning agents, emollients, and viscosity-controlling agents, is providing a positive thrust to the market growth. Furthermore, the rising demand for heptanoic acid in various applications, such as flavors, fragrances, chemical intermediates, and pharmaceutical ingredients, is anticipated to propel the market growth. Other factors, including rising disposable incomes, increasing investment in the chemical industry, and rapid industrialization, are also creating a positive market outlook.
This production cost analysis report by syndicated analytics is the result of a comprehensive examination of the heptanoic acid manufacturing process. The study covers all the requisite aspects that one needs to know while making a foray into the heptanoic acid 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 heptanoic acid industry.
The following technical and economic aspects are included in the report:
Market Trends
Impact of COVID-19
Major Regions
Key Manufacturers
Price Trends
Mass Balance and Raw Material Requirements
Various Types of Unit Operations Involved
Raw Material Costs
Utility Costs
Labor Costs
Packaging Costs
Transportation Costs
Land and Construction Costs
Machinery Costs
Profit Margins
Product Pricing
Key Questions Answered in This Report?
What are the various unit operations involved in manufacturing heptanoic acid?
What are the raw material requirements and costs in manufacturing heptanoic acid?
What are the utility requirements and costs in manufacturing heptanoic acid?
What are the manpower requirements and costs in manufacturing heptanoic acid?
What are the packaging requirements and costs in manufacturing heptanoic acid?
What are the transportation requirements and costs in manufacturing heptanoic acid?
What are the land requirements and costs in manufacturing heptanoic acid?
What are the construction requirements and costs in manufacturing heptanoic acid?
What are the profit margins in heptanoic acid?
What should be the pricing mechanism of heptanoic acid?
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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 Heptanoic Acid 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 Heptanoic Acid Price Trends
4.7.2 Product Margins
5 Heptanoic Acid 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: Heptanoic Acid Market: Major Drivers and Challenges
Figure 2: Global: Heptanoic Acid Market: Value Trends (in Million US$), 2017-2022
Figure 3: Global: Heptanoic Acid Market Forecast: Value Trends (in Million US$), 2023-2028
Figure 4: Global: Heptanoic Acid Market: Breakup by Segment (in %), 2022
Figure 5: Global: Heptanoic Acid Market: Breakup by Region (in %), 2022
Figure 6: Heptanoic Acid: Price Trends, 2017 & 2022
Figure 7: Heptanoic Acid: Margins Across Various Stages of the Supply Chain
Figure 8: Heptanoic Acid: Breakup of Costs
Figure 9: Heptanoic Acid Price Structure
Figure 10: Heptanoic Acid: Manufacturing Process Flow
Figure 11: Heptanoic Acid: Manufacturing Process: Conversion Rate of Raw Materials
Figure 12: Heptanoic Acid: Raw Material Price Trends, 2017 & 2022
List of Tables
Table 1: Heptanoic Acid Manufacturing: Raw Material Requirements
Table 2: Heptanoic Acid Manufacturing: Raw Material Costs
Table 3: Heptanoic Acid Manufacturing: Electricity Costs
Table 4: Heptanoic Acid Manufacturing: Steam Costs
Table 5: Heptanoic Acid Manufacturing: Process Water Costs
Table 6: Heptanoic Acid Manufacturing: Total Utility Costs
Table 7: Heptanoic Acid Manufacturing Plant: Costs Related to Salaries and Wages
Table 8: Heptanoic Acid Manufacturing: Packaging Costs
Table 9: Heptanoic Acid Manufacturing: Transportation Costs
Table 10: Heptanoic Acid Manufacturing: Sales and Administration Costs
Table 11: Heptanoic Acid Manufacturing: Total Operating Costs
Table 12: Heptanoic Acid Manufacturing: Costs Related to Land and Site Development
Table 13: Heptanoic Acid Manufacturing: Costs Related to Civil Works
Table 14: Heptanoic Acid Manufacturing: Costs Related to Plant Machinery
Table 15: Heptanoic Acid Manufacturing: Costs Related to Auxiliary Equipment
Table 16: Heptanoic Acid Manufacturing: Costs Related to Electrical works and Piping
Table 17: Heptanoic Acid Manufacturing: Total Costs Related to Plant Machinery and Commissioning
Table 18: Heptanoic Acid Manufacturing: Working Capital Requirements
Table 19: Heptanoic Acid Manufacturing: Total Capital Investment Required
Table 20: Heptanoic Acid Manufacturing: Total Production Cost
Table 21: Heptanoic Acid Manufacturing: Raw Material Suppliers
Table 22: Heptanoic Acid Manufacturing: Machinery Suppliers
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