The latest report titled “Isopropyl Alcohol 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 Isopropyl Alcohol.

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 Isopropyl Alcohol production cost, looking into capacity expansions, plant turnarounds, mergers, acquisitions, and investments.

Procurement Resource Assessment of Isopropyl Alcohol Production Process:

1. Isopropyl Alcohol Production From Propene : The study offers a detailed cost analysis of Isopropyl Alcohol production via propene. The isopropyl alcohol is prepared from high-quality (or polymer-grade) propene. It is a common production process in the USA and takes place by directly hydrating gaseous propene with water in the presence of acidic catalysts. The process's by-product is Propyl alcohol which is obtained in small quantities.

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 2. Isopropyl Alcohol Production From Acetone : This report provides a detailed cost analysis of Isopropyl Alcohol production through acetone. The production process employs the hydrogenation of crude acetone. To carry out the process, acetone undergoes hydrogenation in the liquid phase over a fixed bed reactor, while catalysts such as Raney nickel is present. In this reaction, by-products like diisopropyl ether, methyl isobutyl ketone, and 4-methyl-pentan-2-ol are produced in little amounts. To carry out this process, a more sustainable method is used called 'bionic leaf' that involves splitting water by sunlight, along with a biocatalyst bacterium, in order to produce hydrogen.

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Product Definition:

The chemical molecule isopropyl alcohol appears to be colourless, combustible and has a powerful odour. One in which the alcohol's carbon atom is joined to two extra carbon atoms is the most essential type of secondary alcohol. Isopropyl Alcohol has the characteristics of both ethyl methyl ether and 1-propanol structural isomers. High-grade (or polymer-grade) propene is utilized to generate isopropyl alcohol. This product is created by directly synthesising gaseous propene with water when acidic catalysts are present. Propyl alcohol is manufactured in moderate quantities as a derivative.

Market Drivers:

The Isopropyl Alcohol market is propelling due to increased e-commerce sales in the personal care segment. Products like disinfectant use isopropyl alcohol (IPA) as a key ingredient which is among the most effective disinfectants and a universal cleaner, boosting the market growth. Hand sanitisers, process and preparation solvents, intermediate, cleaning, and drying agent, and coating and dye solvent are products that employ the product which is driving the market's expansion. In the pharmaceutical industry, products like Alcohol wipes and alcohol swabs use isopropyl alcohol; it can also be found in oral mouthwash solutions, ear drops, and hand sanitisers which is also surging its market demand. Other uses include bath products, aftershave lotions, and different makeup, furthering the market's development.

Key Questions Answered in the Isopropyl Alcohol Production Cost Report:

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

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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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