Kerosene, also known as paraffin or paraffin oil, is a flammable hydrocarbon liquid generally used as fuel. It is typically pale yellow or colorless and possesses a not-unpleasant characteristic odor. The chemical composition of kerosene usually consists of about ten different hydrocarbons, each containing 10 to 16 carbon atoms per molecule. It is obtained from wood, shale, coal and petroleum and is used for burning kerosene lamps and domestic heaters for furnaces, as a solvent for greases and insecticides, and as a fuel or fuel component for jet engines. It is also utilized for numerous applications, such as space heaters, cookstoves, wave heaters, and light lamps. In recent years, kerosene has gained traction with the growing air traffic as kerosene is used in ramjets due to its low cost, high energy, ease of mass flow rate control and suitability for storage.
One of the primary factors driving the market is the improving economies of various nations. Additionally, the rising disposable income of the masses has led to a rise in the aviation sector, thus creating a positive market outlook. Other than this, the increasing industrialization and population growth are positively influencing the market growth. Besides this, kerosene is a cheaper alternative as compared to other fuels, such as diesel, gasoline, and natural gas. It is also used in agriculture to manufacture insecticides, herbicides and fungicides to control pests, weeds and fungi. Consequently, this is boosting product demand across the globe. Apart from this, kerosene is widely used in developing economies where there is a lack of electricity as a domestic fuel for heating or lighting lanterns and stoves. Moreover, on account of the growing number of vehicles on the road globally, the demand for kerosene is expected to surge due to its employment as fuel in various vehicles, such as trucks, buses, tractors, boats, and generators. Furthermore, kerosene is employed as heating oil in portable room models, especially in areas where blackouts are expected after a disaster, thus creating a favorable market outlook.
This production cost analysis report by syndicated analytics is the result of a comprehensive examination of the kerosene manufacturing process. The study covers all the requisite aspects that one needs to know while making a foray into the kerosene 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 kerosene industry.
The following technical and economic aspects are included in the report:
Impact of COVID-19
Mass Balance and Raw Material Requirements
Various Types of Unit Operations Involved
Raw Material Costs
Land and Construction Costs
Key Questions Answered in This Report?
What are the various unit operations involved in manufacturing kerosene?
What are the raw material requirements and costs in manufacturing kerosene?
What are the utility requirements and costs in manufacturing kerosene?
What are the manpower requirements and costs in manufacturing kerosene?
What are the packaging requirements and costs in manufacturing kerosene?
What are the transportation requirements and costs in manufacturing kerosene?
What are the land requirements and costs in manufacturing kerosene?
What are the construction requirements and costs in manufacturing kerosene?
What are the profit margins in kerosene?
What should be the pricing mechanism of kerosene?
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