As nearly 90 percent of the demand for Liquid Carbon Dioxide in UK is primarily catered via imports from Europe, stocks of the product are likely to diminish rapidly as Pfizer is heard of bulk sourcing the product to produce dry ice at its German plant. Although the region is preparing for the mass production of Liquid Carbon Dioxide, bulk consumption of the product at Pfizer’s Belgium or Germany plant is likely to leave UK markets short of the imports.
ChemAnalyst addresses the key problematic areas and risks associated with chemical and petrochemical business globally and enables the decision-maker to make smart choices. It identifies and analyses factors such as geopolitical risks, environmental risks, raw material availability, supply chain functionality, disruption in technology and so on. It targets market volatility and ensures clients navigate through challenges and pitfalls in an efficient and agile manner. Timeliness and accuracy of data has been the core competency of ChemAnalyst, benefitting domestic as well as global industry in tuning in to the real-time data points to execute multi-billion-dollar projects globally.
Company-wise installed capacity, production volume and plant operating efficiency is captured directly from manufacturers. Import and Export volume is captured from government sources and demand for Acrylonitrile is calculated considering the production, import, export and inventory-levels on the country and regional level markets.
Acrylonitrile price is correlated with the price trend of crude oil, demand-supply gap, Propylene and with movement across the downstream derivatives such as acrylonitrile-butadiene-styrene (ABS), styrene-acrylonitrile (SAN) etc.
Basic details and information on financial performance of leading global players in the Acrylonitrile market is presented in a visually captivating manner. Expansion plans and the company’s strategy is also captured to understand the vision and mission of the company to help understand the areas where companies need to focus more.
Daily updates on industry-specific and product-specific news, exclusive primary-based news capturing plant shutdowns/outages/closures, capacity expansions, operating rates, insights on demand-supply situation, awarding of technology licenses, new product launch and deals specifying mergers and acquisitions, strategic investments and disinvestments, to help players capitalize on market opportunity.
Finally, region-specific markets for Liquid Carbon Dioxide are analyzed and region-wise demand pattern is tracked.
Liquid Carbon Dioxide is a colorless liquid produced by the cooling and compressing the gaseous carbon dioxide. Liquid Carbon Dioxide is further subjected to manufacture dry ice which is mainly used as a refrigerant or preservative for many industrial purposes. The liquid form of Carbon Dioxide can exist only under 31.1 deg. Celsius temperature and 5.1 atm pressure. It is primarily used in the preservation of food and beverages, as an anti-flammable liquid in fire extinguishers and in industrial process. Furthermore, Liquid Carbon Dioxide is also used in the entertainment industry for special effects. It is also used in oil recovery as the compound lessens the viscous nature of oil making it easy to flow. It can be transported in non-insulated storage tanks or cylinders at 45-65 bar pressure. The compound is shipped in abundant quantities and since its transportation is delicate, many of the dry ice manufacturers prefer to locate their factories near to its production refineries.