The latest report titled “Chromic Acid Production Cost Analysis” by Procurement Resource, a global procurement research and consulting firm, provides an in-depth cost analysis of the production process of Chromic 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 Chromic Acid production cost, looking into capacity expansions, plant turnarounds, mergers, acquisitions, and investments.
Procurement Resource Assessment of Chromic Acid Production Process:
- From Chemical Reaction of Bichromate of Soda with Sulfuric Acid: This report presents the detailed production methodology and cost analysis of Chromic Acid industrial production across Chromic Acid manufacturing plants. The process commences with the combination of sodium bichromate crystals and sulfuric acid in an agitator. The resulting mixture, which contains chromic acid and sodium bisulfate, is subjected to heat at approximately 197 °C. Ultimately, the chromic acid settles at the base of the vessel, after which it is directed through water-cooled flaking rolls. The resulting substance is further treated to eliminate impurities, resulting in the production of purified chromic acid as the end product.
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Product Definition:
Chromic acid, also known as chromium trioxide (CrO3), is a powerful and highly corrosive oxidizing agent. It is a dark red or brown crystalline solid and is commonly used in laboratories and industrial settings for its oxidizing properties. Chromic acid is particularly effective at oxidizing a wide range of organic compounds, making it useful in cleaning and surface treatment processes, such as chrome plating. It is a hazardous substance and should be handled with extreme care due to its strong oxidizing and corrosive nature. Its use has become more limited due to safety and environmental concerns, with safer alternatives often being preferred.
Market Drivers:
The market drivers for chromic acid include its use in several industries. Firstly, it’s a critical component in the aerospace and automotive sectors for surface treatment and corrosion resistance. Secondly, the electronics industry relies on chromic acid for printed circuit board manufacturing. Additionally, it plays a role in the leather tanning industry. The continued demand for these products, as well as the need for effective corrosion protection and surface finishing, drives the market for chromic acid. However, the market is facing some challenges due to environmental and safety concerns, leading to the exploration of alternative processes and materials.
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