The latest report titled calcium hydride production cost by Procurement Resource, a global procurement research and consulting firm, provides an in-depth cost analysis of the production process of calcium hydride.
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.
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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 Calcium Hydride production cost, looking into capacity expansions, plant turnarounds, mergers, acquisitions, and investments.
Procurement Resource Assessment of Calcium Hydride Production Process:
- From Two-Step Reduction via Vacuum Distillation: This report presents the detailed production methodology and cost analysis of calcium hydride industrial production across calcium hydride manufacturing plants. The procedure entails vacuum distillation of a calcium oxide compound to transform it into calcium metal. Subsequently, it is subjected to heating in the presence of hydrogen, resulting in the formation of calcium hydride as the ultimate product.
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Product Definition:
Calcium hydride, with the chemical formula CaH2, is an inorganic compound consisting of calcium and hydrogen. It is a white or grayish powder and is primarily known for its use as a powerful reducing agent in chemical reactions. When it comes into contact with water, it releases hydrogen gas (H2) through a vigorous reaction. Calcium hydride is employed in various applications, such as the drying of solvents and gases and in the production of hydrogen gas for fuel cells. Its ability to liberate hydrogen gas makes it useful in industries requiring hydrogen as a reducing or protective atmosphere.
Market Drivers:
Market drivers for calcium hydride are multifaceted. Calcium hydride’s role as a versatile hydrogen storage material positions it at the forefront of emerging hydrogen energy and fuel cell technologies. Its use in the chemical industry as a reducing agent and desiccant contributes to its demand. Additionally, the pharmaceutical industry employs it for the safe generation of hydrogen gas for various chemical reactions. Moreover, as sustainability gains prominence, calcium hydride’s importance as a clean and efficient method for hydrogen production grows. Its ability to release hydrogen when needed for power generation or transportation makes it a crucial player in the transition towards greener energy solutions.
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