The latest report titled “Hydrocholric Acid Production” by Procurement Resource, a global procurement research and consulting firm, provides an in-depth cost analysis of the production process of Hydrocholric Acid.
Procurement Resource study is based on the latest prices and other economic data available. It also offers additional analysis of the report with detailed breakdown of all cost components (capital investment details, production cost details, economics for another plant location, dynamic cost model). In addition, the report incorporates the production process with detailed process and material flow, capital investment, operating costs along with financial expenses and depreciation charges.
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Procurement Resource’s detailed report describes the stepwise consumption of material and utilities along with a detailed process flow diagram. Furthermore, the study assesses the latest developments within the industry that might influence Hydrocholric Acid production cost, looking into capacity expansions, plant turnarounds, mergers, acquisitions, and investments.
Procurement Resource Assessment of Hydrocholric Acid Production Process:
1. Hydrocholric Acid Production Cost From Salt and Sulphuric Acid: This report presents the detailed production methodology and cost analysis of hydrocholric acid industrial production across hydrocholric acid manufacturing plants. This method involves a reaction between sodium chloride and sulfuric acid, which yields a sodium sulfate intermediate. Further, hydrochloric acid is obtained by reacting the intermediate with nitric acid.
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2. Hydrocholric Acid Production Cost From Mannheim Process: This report provides the thorough economics of hydrocholric acid industrial production across hydrocholric acid manufacturing plants. In this process, sodium chloride reacts with sulphuric acid in fluidised bed reactor. This reaction forms hydrochloric acid along with its by-product, sodium sulphate.
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3. Hydrocholric Acid Production Cost From Hydrogen and Chlorine: This report presents the extensive cost requirement of hydrocholric acid industrial production across hydrocholric acid manufacturing plants. This procedure involves the reaction between hydrogen and chlorine in a plug flow reactor at high temperatures.
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4. Hydrocholric Acid Production Cost From Hydrogen and Chloride: This report gives a summary of the production process and expense assessment for hydrocholric acid industrial production in a hydrocholric acid manufacturing plant. This procedure includes the electrolysis of brine which produces hydrogen as well as Chlorine in a gaseous form. Further, by burning hydrogen and Chlorine, hydrochloric acid is yielded.
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Product Definition:
Hydrochloric acid, also known as hydrogen chloride, is an extremely potent and corrosive inorganic compound with a pungent odor. This chemical is produced through a variety of methods:as a coproduct in the production process of silica and chemicals, chlorination of organic compounds, production process of salt sulfuric acid and combining hydrogen and chlorine. It is widely used in various industries as a descaling agent to remove impurities from equipment and surfaces. Moreover, hydrochloric acid is a key raw material in the production of polyvinyl chloride (PVC), which is widely used in the construction industry for pipes, window frames, and other applications. Additionally, this chemical is used in leather processing as a pickling agent to prepare hides for tanning. Overall, it is a highly versatile chemical that is used as a raw material for the manufacturing of various chemicals and compounds, making it an essential component of many industrial processes.
Market Drivers:
Hydrochloric acid is a vastly versatile and widely used chemical compound in various industries. It finds its application in the steel industry, where it is used to remove impurities such as carbon and rust in the pickling unit. The use of this product in pickling has replaced sulfuric acid, primarily due to its lower cost and better performance. Besides, it is also used in the manufacturing of dyes, oil well acidulation, and other cleaning industries. One of the most significant applications of HCl is in wastewater treatment. It is used to adjust the pH level of water, allowing the removal of impurities and toxins. The rising awareness regarding wastewater treatment has led to an increased demand for HCl. Therefore, several sectors are responsible for increasing the demand for this product, due to which the market growth is expected to rise in the future.
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