Itaconic acid (C5H6O4) is a non-toxic white crystalline powder manufactured by the fermentation of glucose with Aspergillus terreus. It readily biodegrades in soil and offers high tensile strength, remarkable adhesion, and moisture resistance. As a result, it is used in the manufacturing of plastic, paints, and pulp and paper worldwide.
The increasing awareness among end users about the benefits of using bio-based chemicals represents one of the key factors positively influencing the market. Moreover, C5H6O4 is widely utilized in the manufacturing of superabsorbent polymers to produce diapers, adult incontinence, and feminine hygiene products. Besides this, it finds extensive applications in seed coating, root dipping, ornamental gardens, and food packaging around the world.
This production cost analysis report by Syndicated Analytics is the result of a comprehensive examination of the itaconic acid manufacturing process. The study covers all the requisite aspects that one needs to know while making a foray into the itaconic 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 itaconic acid 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 Itaconic 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 Itaconic acid Price Trends
4.7.2 Product Margins
5 Itaconic 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: Itaconic acid Market: Major Drivers and Challenges
Figure 2: Global: Itaconic acid Market: Value Trends (in Million US$), 2017-2022
Figure 3: Global: Itaconic acid Market Forecast: Value Trends (in Million US$), 2023-2028
Figure 4: Global: Itaconic acid Market: Breakup by Segment (in %), 2022
Figure 5: Global: Itaconic acid Market: Breakup by Region (in %), 2022
Figure 6: Itaconic acid: Price Trends, 2017 & 2022
Figure 7: Itaconic acid: Margins Across Various Stages of the Supply Chain
Figure 8: Itaconic acid: Breakup of Costs
Figure 9: Itaconic acid Price Structure
Figure 10: Itaconic acid: Manufacturing Process Flow
Figure 11: Itaconic acid: Manufacturing Process: Conversion Rate of Raw Materials
Figure 12: Itaconic acid: Raw Material Price Trends, 2017 & 2022
List of Tables
Table 1: Itaconic acid Manufacturing: Raw Material Requirements
Table 2: Itaconic acid Manufacturing: Raw Material Costs
Table 3: Itaconic acid Manufacturing: Electricity Costs
Table 4: Itaconic acid Manufacturing: Steam Costs
Table 5: Itaconic acid Manufacturing: Process Water Costs
Table 6: Itaconic acid Manufacturing: Total Utility Costs
Table 7: Itaconic acid Manufacturing Plant: Costs Related to Salaries and Wages
Table 8: Itaconic acid Manufacturing: Packaging Costs
Table 9: Itaconic acid Manufacturing: Transportation Costs
Table 10: Itaconic acid Manufacturing: Sales and Administration Costs
Table 11: Itaconic acid Manufacturing: Total Operating Costs
Table 12: Itaconic acid Manufacturing: Costs Related to Land and Site Development
Table 13: Itaconic acid Manufacturing: Costs Related to Civil Works
Table 14: Itaconic acid Manufacturing: Costs Related to Plant Machinery
Table 15: Itaconic acid Manufacturing: Costs Related to Auxiliary Equipment
Table 16: Itaconic acid Manufacturing: Costs Related to Electrical works and Piping
Table 17: Itaconic acid Manufacturing: Total Costs Related to Plant Machinery and Commissioning
Table 18: Itaconic acid Manufacturing: Working Capital Requirements
Table 19: Itaconic acid Manufacturing: Total Capital Investment Required
Table 20: Itaconic acid Manufacturing: Total Production Cost
Table 21: Itaconic acid Manufacturing: Raw Material Suppliers
Table 22: Itaconic acid Manufacturing: Machinery Suppliers
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