Methacrylic acid (MAA) is an organic compound that appears as a clear, colorless viscous liquid with a strong, pungent odor. It is generally produced from the hydrolysis of methacrylamide sulfate, obtained from acetone cyanohydrin using sulfuric acid. It is a carboxylic acid that is soluble in warm water and miscible with most organic solvents. MAA is widely used in manufacturing methacrylate resins and plastics, paints, nail primers, cement mixing agents, and as an adhesive in fixing television display panels, light panels, facades, and window panels. It is also utilized as a raw material in producing ion-exchange resins. As a result, MAA finds extensive applications across various industries, including automotive, paints and coatings, electronics, textiles, rubber, paper processing, and construction.
The global methacrylic acid market is primarily driven by the rising construction activities due to extensive investments in infrastructure development, inflating consumer disposable incomes, and elevating living standards. Additionally, with the escalating demand for lightweight and energy-efficient automobiles owing to the implementation of stringent environmental regulations to control carbon emissions, there has been widespread adoption of MAA in the automotive sector. In line with this, the growing usage of MAA in textiles and coatings formulations has augmented the product demand. Furthermore, several leading manufacturers are focusing on research and development (R&D) activities to introduce sustainable bio-based MAA, which will further expand its applications across end use industries. Other factors, including the increasing sales of consumer electronics, favorable government policies, rapid urbanization, product innovations, and technological advancements, are also anticipated to propel market growth in the coming years.
This production cost analysis report by Syndicated Analytics is the result of a comprehensive examination of the methacrylic acid manufacturing process. The study covers all the requisite aspects that one needs to know while making a foray into the methacrylic 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 methacrylic acid 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 methacrylic acid?
What are the raw material requirements and costs in manufacturing methacrylic acid?
What are the utility requirements and costs in manufacturing methacrylic acid?
What are the manpower requirements and costs in manufacturing methacrylic acid?
What are the packaging requirements and costs in manufacturing methacrylic acid?
What are the transportation requirements and costs in manufacturing methacrylic acid?
What are the land requirements and costs in manufacturing methacrylic acid?
What are the construction requirements and costs in manufacturing methacrylic acid?
What are the profit margins in methacrylic acid?
What should be the pricing mechanism of methacrylic acid?
Need a Customized Project Report?
Although we have tried to make the report as comprehensive as possible, we believe that every stakeholder may have their specific requirements. In view of this, we can customize the report based on your particular needs. You can share your business requirements with our consultants, and we will provide you a tailored scope. Some of the common customizations that our clients request us include:
The report can be customized based on the country/region that you plan to set up your plant.
The manufacturing capacity of the plant can be customized based on your requirements.
Machinery suppliers and costs can be customized based on your requirements.
Any additions to the current scope can also be provided based on your requirements.
Why buy Syndicated Analytics reports?
Our reports provide stakeholders insights into the viability of a business venture, allowing them to make informed business decisions.
We have a strong network of consultants and domain experts in 100+ countries across North America, Europe, Asia Pacific, South America, Africa, and the Middle East.
We have a strong database of equipment and raw material suppliers across all major continents.
We regularly track and update land costs, construction costs, utility costs, labor costs, etc. across 100+ countries around the globe.
We are the trusted business partners of the world’s leading corporates, governments, and institutions. Our client list ranges from small and start-up businesses to Fortune 500 companies.
Our strong in-house team of engineers, statisticians, modeling experts, charted accountants, architects, etc. have been instrumental in building, expanding, and optimizing sustainable manufacturing plants across the globe.
2 Scope and Methodology
2.1 Objectives of the Study
2.3 Research Methodology
3 Executive Summary
4 Global Methacrylic 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 Methacrylic Acid Price Trends
4.7.2 Product Margins
5 Methacrylic 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
220.127.116.11 Plant Machinery Costs
18.104.22.168 Auxiliary Equipment Cost
22.214.171.124 Electrical Works and Piping Costs
126.96.36.199 Other Fixed Costs
6.4.4 Working Capital Requirements for Plant Operation
6.4.5 Total Capital Investment Required
6.5 Total Production Cost
7.1 Raw Material Suppliers
7.2 Pant Machinery Suppliers
List of Figures
Figure 1: Global: Methacrylic Acid Market: Major Drivers and Challenges
Figure 2: Global: Methacrylic Acid Market: Value Trends (in Million US$), 2016-2021
Figure 3: Global: Methacrylic Acid Market Forecast: Value Trends (in Million US$), 2022-2027
Figure 4: Global: Methacrylic Acid Market: Breakup by Segment (in %), 2021
Figure 5: Global: Methacrylic Acid Market: Breakup by Region (in %), 2021
Figure 6: Methacrylic Acid: Price Trends, 2016 & 2021
Figure 7: Methacrylic Acid: Margins Across Various Stages of the Supply Chain
Figure 8: Methacrylic Acid: Breakup of Costs
Figure 9: Methacrylic Acid Price Structure
Figure 10: Methacrylic Acid: Manufacturing Process Flow
Figure 11: Methacrylic Acid: Manufacturing Process: Conversion Rate of Raw Materials
Figure 12: Methacrylic Acid: Raw Material Price Trends, 2016 & 2021
List of Tables
Table 1: Methacrylic Acid Manufacturing: Raw Material Requirements
Table 2: Methacrylic Acid Manufacturing: Raw Material Costs
Table 3: Methacrylic Acid Manufacturing: Electricity Costs
Table 4: Methacrylic Acid Manufacturing: Steam Costs
Table 5: Methacrylic Acid Manufacturing: Process Water Costs
Table 6: Methacrylic Acid Manufacturing: Total Utility Costs
Table 7: Methacrylic Acid Manufacturing Plant: Costs Related to Salaries and Wages
Table 8: Methacrylic Acid Manufacturing: Packaging Costs
Table 9: Methacrylic Acid Manufacturing: Transportation Costs
Table 10: Methacrylic Acid Manufacturing: Sales and Administration Costs
Table 11: Methacrylic Acid Manufacturing: Total Operating Costs
Table 12: Methacrylic Acid Manufacturing: Costs Related to Land and Site Development
Table 13: Methacrylic Acid Manufacturing: Costs Related to Civil Works
Table 14: Methacrylic Acid Manufacturing: Costs Related to Plant Machinery
Table 15: Methacrylic Acid Manufacturing: Costs Related to Auxiliary Equipment
Table 16: Methacrylic Acid Manufacturing: Costs Related to Electrical works and Piping
Table 17: Methacrylic Acid Manufacturing: Total Costs Related to Plant Machinery and Commissioning
Table 18: Methacrylic Acid Manufacturing: Working Capital Requirements
Table 19: Methacrylic Acid Manufacturing: Total Capital Investment Required
Table 20: Methacrylic Acid Manufacturing: Total Production Cost
Table 21: Methacrylic Acid Manufacturing: Raw Material Suppliers
Table 22: Methacrylic Acid Manufacturing: Machinery Suppliers