Succinic Acid Production Cost Reports

Chemicals

The report provides a detailed analysis essential for establishing a Succinic Acid manufacturing plant. It encompasses all critical aspects necessary for Succinic Acid production, including the cost of Succinic Acid production, Succinic Acid plant cost, Succinic Acid production costs, and the overall Succinic Acid manufacturing plant cost. Additionally, the study covers specific expenditures associated with setting up and operating a Succinic Acid 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.

Succinic Acid Production Cost Report

Succinic Acid is a dicarboxylic acid mainly used as a precursor in several chemical, food, and pharmaceutical industries. It is utilized to manufacture many chemicals, such as dyes, perfumes, plasticizers, solvents, lacquers, and photographic chemicals. It also has antimicrobial action, and its derivatives can show antibiotic effects as well. It is also used as an additive, surfactant, and ion chelator in many industries. It has various health-related applications and is also used as an intermediate to produce drugs. Furthermore, it functions as a nutraceutical, a micronutrient, a radiation protective agent, an anti-ulcer drug, and a fundamental metabolite. Additionally, in the food industry, it is used as a sequestrant, buffer, and neutralizing agent.

The market for Succinic Acid is driven by its usage as an intermediate in various formulations for skin treatments and other medical applications. Its function as an acidifier and flavor enhancer in products like food items and beverages amplifies its market appeal. Due to its antimicrobial and anti-inflammatory properties, it is utilized in various skincare and cosmetic products, which elevates its market demand. Its role as a substitute for adipic acid in polyurethane production boosts its demand even more. Overall, industrial Succinic Acid procurement is influenced by its application in various industries such as medical, pharmaceutical, food, beverage, skincare, personal care, cosmetics, and chemical industries, the availability of its raw materials (raw sugar, maleic anhydride, glycerol, and glucose), the cost of its raw materials, environmental concerns, growth in emerging markets, and regulatory approvals.

Raw Material for Succinic Acid Production

According to the Succinic Acid manufacturing plant project report, the key raw materials used in the production of Succinic Acid include raw sugar; maleic anhydride; glycerol; glucose.

Manufacturing Process of Succinic Acid

The extensive Succinic Acid production cost report consists of the following major industrial manufacturing processes:

  • Production from raw sugar via fermentation: The manufacturing process of Succinic Acid occurs via the fermentation process. In this process, raw sugar (sucrose) is diluted, followed by hydrolyzation into glucose and fructose (invert sugars). The invert sugars are then fermented to produce Succinic Acid. Electrodialysis is used in Succinic Acid recovery from the fermentation broth. The process generates ammonium sulphate as by-product.
  • Production from maleic anhydride via hydrogenation: The manufacturing process of Succinic Acid occurs via the hydrogenation process. In this process, maleic anhydride is hydrogenated to succinic anhydride, followed by its conversion to produce Succinic Acid as the final product.
  • Production from glycerol: The manufacturing process of Succinic Acid occurs from crude glycerol using a fermentation process. In this process, crude glycerol (at 85 wt% purity), obtained as a by-product of biodiesel plants, is used as the main raw material. After purification, glycerol is fermented to produce Succinic Acid.
  • Production from glucose: The manufacturing process of Succinic Acid occurs from glucose syrup using a fermentation process. In this process, electrodialysis is used in Succinic Acid recovery from the fermentation broth. The process uses 70 wt% glucose-water syrup as raw material, and ammonium sulfate is generated as a by-product.

Succinic Acid (butanedioic acid), also known as Spirit of Amber, is a four-carbon dicarboxylic acid that naturally occurs in the environment. It also appears naturally in lichens and fungi and is an element of the citric acid cycle. It is derived as a distillation product of amber and is commonly synthesized via the catalytic hydrogenation of maleic acid or its anhydride. It is usually used in the food production, agricultural, and manufacturing industries. The acid has the molecular formula C4H6O4 and appears to be in the form of white crystals or shiny white crystalline powder. It is odorless and has a very acidic taste. Its pH of 0.1 molar solution is 2.7. It is water-soluble. Its melting point is in the range of 185–187° C (365–369° F). Its net charge is 0, and it has an average mass and monoisotopic mass of 118.08800 and 118.02661 u, respectively.

Succinic Acid Production Cost Processes with Cost Analysis

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Succinic Acid Production from Raw Sugar

This report presents a detailed cost analysis of bio-based Succinic Acid production from raw sugar using a fermentation process.

Details: Germany - based plant   Q1 2024 From $ 2249.00 USD

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Succinic Acid Production from Maleic Anhydride

This report presents a detailed cost analysis of Succinic Acid production from maleic anhydride via a typical hydrogenation process.

Details: Germany - based plant   Q1 2024 From $ 2249.00 USD

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Succinic Acid Production from Glycerol

This report presents a detailed cost analysis of bio-based Succinic Acid production from crude glycerol using a fermentation process.

Details: Germany - based plant   Q1 2024 From $ 2249.00 USD

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Succinic Acid Production from Glucose

This report presents a detailed cost analysis of bio-based Succinic Acid production from glucose syrup using a fermentation process. In this process, electrodialysis is used in Succinic Acid recovery from the fermentation broth.

Details: Germany - based plant   Q1 2024 From $ 2249.00 USD

Product Details

Particulars Details
Product Name Succinic Acid
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

Project Economics: Capital Investment, Income and Expenditure Projections, Expected ROI and NPV, Profit and Loss Account, Depreciation, Taxation, Financial Analysis

Other Analysis Covered in The Report: Value Chain Analysis, Product Pricing, Industry Standards and Regulations, Industry Best Practices, Key Success and Risk Factors
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 Succinic Acid Production Cost Report Provide Exhaustive Data and Extensive Insights?

At Procurement Resource, we not only focus on optimizing the should cost of production for Succinic Acid 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 SUCCINIC ACID 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 Succinic Acid manufacturing plant?
  • How is Succinic Acid manufactured?
  • What is the process flow involved in producing Succinic Acid?
  • What are the raw material requirements and costs for producing Succinic Acid?
  • What is the total size of land required for setting up a Succinic Acid manufacturing plant?
  • What are the construction requirements for setting up a Succinic Acid manufacturing plant?
  • What are the machinery requirements for producing Succinic Acid?
  • What are the utility requirements and costs for producing Succinic Acid?
  • What are the manpower requirements for producing Succinic Acid?
  • What are the average salaries/wages of manpower working in a Succinic Acid manufacturing plant?
  • What are the packaging requirements and associated costs for Succinic Acid?
  • What are the transportation requirements and associated costs for Succinic Acid?
  • What are the capital costs for setting up a Succinic Acid manufacturing plant?
  • What are the operating costs for setting up a Succinic Acid manufacturing plant?
  • What should be the price of Succinic Acid?
  • What will be the income and expenditures for a Succinic Acid manufacturing plant?

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