The latest report titled itaconic acid production cost report by Procurement Resource, a global procurement research and consulting firm, provides an in-depth cost analysis of the production process of the Itaconic Acid.

Report FeaturesDetails
Product NameItaconic Acid
Process IncludedItaconic Acid Production by Recovery From Air
Segments CoveredManufacturing Process: Process Flow, Material Flow, Material Balance
Raw Material and Product/s Specifications: Raw Material Consumption, Product and Co-Product Generation, Capital Investment
Land and Site Cost: Offsites/Civil Works, Equipment Cost, Auxiliary Equipment Cost, Contingency, Engineering and Consulting Charges, Working Capital
Variable Cost: Raw Material, Utilities
Fixed Cost: Labor Requirement & Wages, Overhead Expenses, Maintenance Charges
Financing Costs: Interest on Working Capital, Interest on Loans
Depreciation Charges
General Sales and Admin Costs
Production Cost Summary
CurrencyUS$ (Data can also be provided in local currency)
Pricing and purchase optionsBasic: US$ 1499
Premium: US$ 2999
Enterprise: US$ 4799
Customization ScopeThe report can be customized as per the requirements of the customer
Post-Sale Analyst Support360-degree analyst support after report delivery

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 manufacturing process with detailed process and material flow, capital investment, operating costs along with financial expenses and depreciation charges.

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 Itaconic Acid production cost, looking into capacity expansions, plant turnarounds, mergers, acquisitions, and investments.

Procurement Resource Assessment of Itaconic Acid Production Process:

  1. From Aerobic Microbial Fermentation: The study offers a detailed cost analysis of Itaconic acid production via aerobic microbial fermentation. Itaconic acid or salt is derived as a result of the aerobic microbial fermentation of an agar medium (or a nutrient medium) with the help of a bacteria such as, Aspergillus itaconicus. The source, however, should have a considerable amount of carbon comprising significant glycerol quantity.

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Product Definition:

Itaconic acid or methylidene-succinic acid is an organic compound with the structural formula of C5H6O4. Its molecular weight is 130.099 g mol-1. It is white in color and is soluble in water, ethanol, and acetone. It is made by distilling citric acid, but more presently is formed via fermentation. Itaconic acid is made from the intermediate in the citric acid cycle, cis-aconitate. Since itaconic acid is not related to citric acid, it can be produced using carbohydrates such as glucose.

Market Drivers:

The market for Itaconic Acid is propelling owing to significant factors like the rising demand for bio-based unsaturated polyester resin along with the increasing knowledge about the advantages of the acid. In addition, the growing shift towards sustainable products is furthering the market’s expansion. Furthermore, its properties, like being environment-friendly and non-toxic, will boost the market growth. Also, the rising R&D developments in order to create more innovative products will likely proliferate the industry’s development.

Key Questions Answered in the Itaconic Acid Production Cost Report:

  • What are the key drivers propelling the Itaconic Acid market?
  • What are the various processes used for Itaconic Acid production?
  • What are the raw materials required to produce Itaconic Acid?
  • What are the different operations units involved in the production of Itaconic Acid?
  • What are the manpower and utility requirements in the production process of Itaconic Acid?
  • What are the various costs engaged in the production of Itaconic Acid?
  • What are the construction costs involved in setting up a Itaconic Acid production facility?
  • What are the working capital requirements?
  • What is the process of raw material procurement for Itaconic Acid production?
  • What is the time frame for Itaconic Acid plant start-up?
  • What is the pricing mechanism of Itaconic Acid?

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Procurement Resource ensures that our clients remain at the vanguard of their industries by providing actionable procurement intelligence with the help of our expert analysts, researchers, and domain experts. Our team of highly seasoned analysts undertakes extensive research to provide our customers with the latest and up-to-date market reports, cost models, price analysis, benchmarking, and category insights, which aid in simplifying the procurement process for our clientele.

Procurement Resource work with a diverse range of procurement teams across industries to get real-time data and insights that can be effectively implemented by our customers. As a team of experts, we also track the prices and production costs of an extensive range of goods and commodities, thus, providing you with updated and reliable data.

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