The latest report titled “Maleic Anhydride Production Cost” by Procurement Resource, a global procurement research and consulting firm, provides an in-depth cost analysis of the production process of Maleic Anhydride.
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 Maleic Anhydride production cost, looking into capacity expansions, plant turnarounds, mergers, acquisitions, and investments.
Procurement Resource Assessment of Maleic Anhydride Production Process:
1. Maleic Anhydride Production Cost From Butane via Partial Oxidation: This report presents the detailed production methodology and cost analysis of maleic anhydride industrial production across maleic anhydride manufacturing plants. This method involves the reaction between oxygen and butane in the presence of a catalyst called vanadium phosphate using a fluid-bed reactor. Further, by solvent-based recovery method, maleic anhydride is extracted from the reactor effluent.
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2. Maleic Anhydride Production Cost From Benzene: This report provides the thorough economics of maleic anhydride industrial production across maleic anhydride manufacturing plants. This procedure includes the utilization of a fixed-bed reactor for the reaction between benzene and oxygen. Vanadium pentoxide and molybdenum trioxide are used as a catalyst to perform this reaction. Further, maleic anhydride is separated from the effluent of the reactor using a solvent-based recovery method.
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Product Definition:
Maleic Anhydride is a dry and crystalline form of maleic acid, which is an organic compound. It is represented by the chemical formula C2H2(CO)2O and has a molecular weight of 98.06 g/mol. This colorless and white solid has a melting point of 113 degrees Fahrenheit. Production of resins and polymers utilizes this product. Coating and adhesive manufacturing industries produce this compound on a large scale. Apart from this, it is also employed in the production of agricultural chemicals and other industrial products. Traditionally, maleic anhydride was produced through the oxidation of benzene, but this method has become less common due to environmental concerns. Instead, n-butane is now the preferred compound used in the production of maleic anhydride. It is considered to have less impact on damaging the environment. However, exposure to humans can cause respiratory tract, eye, and skin irritation. It is important to handle this chemical with care to avoid any potential health hazards.
Market Drivers:
Maleic anhydride is widely used as a lubricating oil additive. These additives are responsible for enhancing the efficiency of fuels such as petrol and diesel. To address concerns about toxic emissions, regulatory organizations worldwide have mandated the use of cleaner fuels, which in turn has increased the demand for oil additives. Moreover, it is a key component used in the production of unsaturated polyester resins.
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These resins are used to create lightweight and durable fiberglass composites for boats, cars, and wind turbine blades. They are also used in construction industries and a wide range of consumer goods. Furthermore, these resins can also be used to prevent corrosion and protect wires. Therefore, the increasing demand for unsaturated polyester resin is the major driving force behind the market growth of Maleic anhydride.
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