Oxalic Acid Production Cost Analysis

Report Overview:

Oxalic acid (C₂H₂O₄), or ethanedioic acid/oxalate, is a crystalline, toxic, colorless, organic compound that is commonly found in many plants, including nuts, vegetables, fruits, leafy greens, cocoa, and seeds.  It is also produced in the human body by the metabolism of ascorbic acid or glyoxylic acid.  The acid is soluble in alcohol, water, and ether and has three product grades, namely an aqueous solution, anhydrous, and dihydrate. The compound can be manufactured using four methods, including heating sodium formate with an alkali catalyst, heating sawdust with caustic alkalies, oxidizing carbohydrates with nitric acid, or fermenting sugar solutions with molds. Oxalic acid is primarily used as an acid rinse in laundries due to its effectiveness in removing ink and rust stains. It is also the chief constituent of many commercial preparations that are used for removing scale from automobile radiators.  

The primary factor driving the oxalic acid market growth is the rapidly expanding pharmaceutical industry across the globe. Oxalic acid is extensively used to manufacture various drugs, such as borneol, achromycin, terramycin, and antibiotics. Moreover, the rising use of oxalic acid in cleaning and bleaching products for various household and industrial applications is another factor contributing to the market growth. Moreover, the surging use of oxalic acid in the recycling process to extract cobalt and lithium from waste batteries is boosting the market growth. In the metal polishing industry, the product is used in umpteen surface treatments of metals, including surface polishing, metal recovery & purification, rust removal, and alumite film processing, which is creating a positive outlook for the market. Additionally, oxalic acid is witnessing a significant demand in the chemical industry as a key precursor to produce salts and esters, industrial chemicals, fine chemicals, oxalates, and phenol resin catalysts, which is accelerating the market growth. Other factors, such as the increasing consumer awareness regarding the health benefits of oxalic acid and the surging research and development activities, are providing an impetus to the market growth.

This production cost analysis report by Syndicated Analytics is the result of a comprehensive examination of the oxalic acid manufacturing process. The study covers all the requisite aspects that one needs to know while making a foray into the oxalic 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 oxalic 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 oxalic acid?
• What are the raw material requirements and costs in manufacturing oxalic acid?
• What are the utility requirements and costs in manufacturing oxalic acid?
• What are the manpower requirements and costs in manufacturing oxalic acid?
• What are the packaging requirements and costs in manufacturing oxalic acid?
• What are the transportation requirements and costs in manufacturing oxalic acid?
• What are the land requirements and costs in manufacturing oxalic acid?
• What are the construction requirements and costs in manufacturing oxalic acid?
• What are the profit margins in oxalic acid?
• What should be the pricing mechanism of oxalic 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.

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