Potassium Iodide Production Cost Reports
Chemicals
The report provides a detailed analysis essential for establishing a potassium iodide manufacturing plant. It encompasses all critical aspects necessary for potassium iodide production, including the cost of potassium iodide production, potassium iodide plant cost, potassium iodide production costs, and the overall potassium iodide manufacturing plant cost. Additionally, the study covers specific expenditures associated with setting up and operating a potassium iodide production plant. These encompass manufacturing processes, raw material requirements, utility requirements, infrastructure needs, machinery and technology requirements, manpower requirements, packaging requirements, transportation requirements, and more.
Potassium Iodide is an inorganic salt that is widely used for the manufacture of medicines, dietary supplements, and disinfectant liquids. It is extensively used in the medical sector as a supplement to treat the overactive thyroid gland and protect it against radiation exposure. Moreover, it acts as a stabilizing agent in all iodine solutions for making wound sprays, tinctures of iodine, etc.
It is also employed in photography as a sensitizer, analytical chemistry, and as a component in some culinary additives. Additionally, it is also utilized in various pharmaceuticals, such as expectorants, and as a major component in certain thyroid treatments. It is used as a supplement for human consumption and animal feed to treat and prevent iodine deficiency. It is often utilized as an iodine source in several food additions, including table salt and bread.
The market for potassium iodide is primarily driven by its usage in the manufacture of medicines, dietary supplements, and disinfectant liquids, which propels its market expansion and promotes its demand in the medical, pharmaceutical, health & wellness, and cleaning & disinfection industries. It is often utilized as a stabilizing agent in all iodine solutions for making wound sprays, tinctures of iodine, etc., which further enhances its demand in the healthcare industry.
Additionally, it is used in the production of photographic chemicals and as an iodine source in several food additions like table salt, bread, etc., which further accelerates its demand in the photography and food industry. Hence, a variety of industries, including food, agriculture, healthcare, and medicines, generate demand for this product. Furthermore, the availability and cost of production of potassium iodide's raw materials, which include (potassium hydroxide, iodine, etc.), potassium iodide market prices, storage and handling requirements, transportation and logistics, quality and purity of potassium iodide, and sustainability practices, etc. affect the global industrial potassium iodide procurement.
Raw Material for Potassium Iodide Production
According to the Potassium iodide manufacturing plant project report, the major raw materials for Potassium iodide production include Potassium Hydroxide-Iodine-Coke.
Manufacturing Process of Potassium Iodide
The extensive Potassium iodide production cost report consists of the following industrial manufacturing processes:
- Production from Potassium Hydroxide: This method involves the treatment of a hot, concentrated potassium hydroxide solution with iodine, followed by the evaporation of the solution and heating of the residue with coke, which produces potassium iodide as the final product.
Potassium Iodide is a chemical compound having the formula KI. It is a white crystalline salt that is extremely soluble in water. It has a density of 3.12 g/cm3 and is a white, crystalline solid. It has a melting point of 681 degrees Celsius and a boiling point of 1,330 °C. It can also be dissolved in ethanol, methanol, and acetone. The compound has a reasonably high refractive index of 1.73 and a low thermal conductivity. At 20 °C, potassium iodide is very soluble in water, having a solubility of 130 g/100 mL. Although potassium iodide is non-toxic and non-flammable, when heated to high temperatures, it can emit iodine gas, which can be harmful if inhaled.
Potassium Iodide Production Cost Processes with Cost Analysis
Potassium Iodide Production from Potassium Hydroxide
The report is a detailed study of economics of production of potassium iodide from potassium hydroxide, iodine and coke.
Details: Germany - based plant Q1 2024 From $ 2249.00 USD
Product Details
Particulars | Details |
---|---|
Product Name | Potassium Iodide |
Scope | Manufacturing Process: Process Flow, Material Flow, Material Balance Raw Material and Product Specifications: Raw Material Consumption, Product and Co-product Generation Land and Site Cost: Offsites/Civil Works, Equipment Cost, Auxiliary Equipment Costs, Contingency, Engineering and Consulting Charges, Working Capital Variable Cost: Raw Material, Utilities, Other Variable Costs Fixed Cost: Labor Requirements and Wages, Overhead Expenses, Maintenance Charges, Other Fixed Costs Financing Costs: Interest on Working Capital, Interest on Loans Other Costs: Depreciation Charges, General Sales and Admin Cost |
Currency | US$ (Data can also be provided in the local currency) |
Pricing and Purchase Options | Basic: US$ 2499 Premium: US$ 3499 Enterprise: US$ 4799 |
Customization Scope | The report can be customized as per the requirement of the customer |
Post-Sale Analysts Report | 10-12 weeks of post-purchase analyst support after report delivery for any queries from the deliverable |
Delivery Format | PDF and Excel format through email (editable version in PPT/Word format of the report can be also provided on special request) |
How does our Potassium Iodide Production Cost Report Provide Exhaustive Data and Extensive Insights?
At Procurement Resource, we not only focus on optimizing the should cost of production for Potassium iodide but also provide our clients with extensive intel and rigorous information on every aspect of the production process. By utilizing a comprehensive cost model, we help you break down expenses related to raw materials, labor, and technology, offering clear pathways to savings. We also assist in evaluating the capital expenditure (CAPEX) and operating expenses (OPEX), which are often measured as cost per unit of production, such as USD/MT, ensuring that your financial planning is aligned with industry benchmarks.
We offer valuable insights on the top technology providers, in-depth supplier database, and best manufacturers, helping you make informed decisions to improve efficiency. Additionally, we design the most feasible layout for your production needs, ensuring the entire process runs smoothly. By minimizing the cash cost of production, we ensure that you stay competitive while securing long-term profitability in the growing Potassium iodide market. Partnering with Procurement Resource guarantees that every aspect of your production is cost-efficient, advanced, and tailored to your specific requirements.
Key Questions Answered in This Report
- What are the key requirements for setting up a Potassium iodide manufacturing plant?
- How is Potassium iodide manufactured?
- What is the process flow involved in producing Potassium iodide?
- What are the raw material requirements and costs for producing Potassium iodide?
- What is the total size of land required for setting up the manufacturing plant?
- What are the construction requirements for setting up a Potassium iodide manufacturing plant?
- What are the machinery requirements for producing Potassium iodide?
- What are the utility requirements and costs for producing Potassium iodide?
- What are the manpower requirements for producing Potassium iodide?
- What are the average salaries/wages of manpower working in the Potassium iodide manufacturing plant?
- What are the packaging requirements and associated costs for Potassium iodide?
- What are the transportation requirements and associated costs for Potassium iodide?
- What are the capital costs for setting up the Potassium iodide manufacturing plant?
- What are the operating costs for setting up the Potassium iodide manufacturing plant?
- What should be the price of Potassium iodide?
- What will be the income and expenditures for the Potassium iodide manufacturing plant?
Need more help?
- We can tailor the report as per your unique requirements such as desired capacity, future expansion plans, product specifications, mode of financing, plant location, etc.
- We can also provide a flexible, easy-to-use, dynamic excel-based cost-model/ dashboard where you can change the inputs to get different outputs
- Speak to our highly skilled team of analysts for insights on the recent trends and innovations, industry best practices, key success and risk factors, product pricing, margins, return on investment, industry standards and regulations, etc.
- Gain an unparalleled competitive advantage in your domain by understanding how to optimize your business operations and maximize profits
- For further assistance, please connect with our analysts