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Cyanoacetic Acid Manufacturing Plant, Detailed Project Report, Profile, Business Plan, Industry Trends, Market Research, Survey, Manufacturing Process, Machinery, Raw Materials, Feasibility Study, Investment Opportunities, Cost and Revenue

Tuesday, June 27, 2017

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Cyanoacetic acid is an organic compound. It is a white, hygroscopic solid. The compound contains two functional groups, a nitrile and a carboxylic acid. It is a precursor to cyanoacrylates, components of adhesives.

The largest scale reaction is its esterification to give ethyl cyanoacrylate. Cyanoacetic acid is a versatile intermediate in the preparation of chemicals. It is a precursor to synthetic caffeine via the intermediacy of theophylline. It is a building block for many drugs, including dextromethorphan, amiloride, sulfadimethoxine, and allopurinol.

Synthesis of cyanoacetic acid by carbon dioxide and electrogenerated acetonitrile anion in undivided cells equipped with sacrificial anodes: The electrochemical synthesis of cyanoacetic acid was performed by cathodic reduction of tetra alkyl ammonium salts (R4NX) in acetonitrile in undivided cells equipped with sacrificial anodes with concomitant or subsequent addition of carbon dioxide. These syntheses avoid the use of dangerous reagents, yield cyanoacetic acid in moderate faradic yields and confirm that the cathodic reduction of tetra alkyl ammonium salts in the presence of acetonitrile leads to the formation of the anion CNCH2-. As a whole it is a good project for entrepreneurs to invest.

Market Outlook

Chemical industry is one of the oldest industries in India, which contributes significantly towards industrial and economic growth of the nation. Since this industry has numerous forward and backward linkages, it is called the backbone of the industrial and agricultural development of the country and provides building blocks for many downstream industries. The Chemical Industry of India ranks 6th in world and 3rd in Asia after Japan and China. In terms of global shipments of chemicals, India ranks 10th in the world.

India’s chemical industry is likely to touch $214 billion (approx 13, 91,000 crore) in the next four years from $139 (approx 9, 03,500 crore) in fiscal 2014 with estimated growth of around 9 per cent a year amid growing demand scenario.

The demand growth will be primarily driven by domestic consumption because per capita consumption of most of the chemicals is much lower than global averages.

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