The latest report titled “Diethyl Oxalate Production” by Procurement Resource, a global procurement research and consulting firm, provides an in-depth cost analysis of the production process of Diethyl Oxalate.
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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.
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 diethyl oxalate production cost analysis, looking into capacity expansions, plant turnarounds, mergers, acquisitions, and investments.
Procurement Resource Assessment of Diethyl Oxalate Production Process:
- From Esterification of Oxalic Acid and Ethanol: This report presents the detailed production methodology and cost analysis of Diethyl Oxalate industrial production across Diethyl Oxalate manufacturing plants. Diethyl oxalate, alternatively referred to as ethyl oxalate, is a chemical ester derived from the esterification of oxalic acid. The synthesis initiates with the reaction between oxalic acid and ethyl alcohol or ethanol. This chemical process leads to the creation of an ester, specifically diethyl oxalate, which serves as the final product of the reaction.
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Product Definition:
Diethyl oxalate is an ester formed through the chemical reaction known as esterification, involving oxalic acid and ethanol (or ethyl alcohol). This colorless liquid compound has the molecular formula C6H10O4 and is characterized by its ester functional group. Diethyl oxalate finds application in various industries, particularly in the synthesis of pharmaceuticals, agrochemicals, and dyes. Its versatile nature also extends to its use as a reagent in organic chemistry reactions. Additionally, diethyl oxalate is employed as a solvent and a precursor in the production of specialty chemicals. Its significance lies in its role as an intermediate in the synthesis of diverse compounds, contributing to the development of pharmaceuticals and other valuable chemical products in the chemical and manufacturing sectors.
Market Drivers:
The market drivers for diethyl oxalate stem from its diverse applications in several industries. Diethyl oxalate serves as a crucial intermediate in the synthesis of pharmaceuticals, agrochemicals, and dyes, contributing to the growth of these sectors. Its role as a versatile reagent in organic chemistry further propels demand. In the agrochemical industry, diethyl oxalate is utilized in the manufacturing of pesticides and herbicides, contributing to increased agricultural productivity. The pharmaceutical sector benefits from its use in the synthesis of active pharmaceutical ingredients (APIs). Additionally, the compound's application as a solvent and precursor in specialty chemical production adds to its market demand. As industries prioritize research and development for innovative chemical solutions, diethyl oxalate's multifaceted utility positions it as a key component, sustaining its market drivers across various applications.
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