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Allied Market Research

Sulfamic Acid Market: Global Opportunity Analysis and Industry Forecast, 2020–2027

A07529
Pages: NA
Dec 2020 | 55 Views
 
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Sulfamic Acid Market Analysis 2020-2027:

Sulfamic acid is an unadulterated acid (pure acid), which can shape pellets when blended with an inactive binding substance. Pellets are utilized in relatively higher number of uses. They are uncommonly utilized to deliver redone sulfamic acid pellets with exact proportion. Sulfamic acid acts as a mediator compound between sulfuric acid and sulfamide. Sulfamic acid can be multiple times more effective than urea. Moreover, generally, sulfamic acid is favored over urea for nitrite evacuation application.

Market scope and structure analysis:

  Report Metric

                                           Details

  Market size available for years

  2019–2027

  Base year considered

  2019

  Forecast period

  2020–2027

  Forecast units

  Value (USD), Volume (Tons)

  Segments covered

  Type, Application, Industry Vertical

  Regions covered

North America (the U.S. and Canada), Europe (Germany, the UK, France, and rest of Europe), Asia-Pacific (China, Japan, India, and rest of Asia-Pacific), Latin America (Brazil, Mexico, and rest of LATAM), and the Middle East and Africa

  Companies covered

Raviraj Group, Shandong Mingda Chemical Technology Co., Ltd., Laizhou Jinxing Chemical Co. Ltd., Nanjing Jinzhang Industrial Co., Ltd., Jiangsu Yazhong Group Co. Ltd., Nissan Chemical Corporation, Palm Commodities International, LLC, Yantai Sanding Chemical Co. Ltd., Shandong Xingda Chemical Co. Ltd., Laizhou Guangcheng Chemical Co. Ltd., DuPont, BASF SE, and AkzoNobel N.V.

 

COVID-19 scenario analysis:

  • Extended lockdown and reduced production in the manufacturing sectors have negatively impacted the chemical manufacturing business, including sulfamic acid. 
  • Sulfamic acid is used as an acid cleaning agent for metals and ceramics in various manufacturing processes. Its demand has decreased in industries due to the shutdown of manufacturing facilities. 
  • Decline in new material supply and utilization of old inventory stocks in various industries are expected to further affect the market growth negatively.
  • However, during the pandemic, increase in demand for detergents, cleaners, and toilet cleaners is expected to improve the market growth over forecast timeframe. Sulfamic acid is used as a descaling agent in cleaners and detergents for the removal of lime scale.

Top impacting factors: Market scenario analysis, trends, drivers, and impact analysis 

The sulfamic acid market is divided into type, application, and industry vertical. Based on type, the market is classified into crystals, liquid, powder, and others. Based on application, it is segmented into electroplating, electro-refining, sulfation, farming, medicine, and others. Based on industry vertical, the market is partitioned into leather, healthcare, pharmaceutical, food & beverages, personal care & cosmetic, agriculture, and others. The major factors that boost the development of the sulfamic acid market are rise in interest in different industrial applications and increase in demand for cosmetic & personal care products in the market. 

Usage of sulfamic acid

Sulfamic acid is utilized for descaling water born and scaling of hardware in industrial procedures. It is additionally utilized to clean metals, household things, and others. It is utilized as a chlorine stabilizer in pools and as fading-added substance in the paper & pulp industry. Sulfamic acid is also used as a relieving agent in the plastics business and leather coloring steps. It helps produce cleaner pigments of shades with expanded consistency between various bunches of dyes produced. Furthermore, it limits tasks in the leather business. It is also utilized as a fire sealing operator in different end-use enterprises, for example, textile material and paper.

Key segments covered:

               Segments

                               Sub-segments

  Type

  • Crystals
  • Liquid
  • Powder
  • Others

  Application

  • Medicine
  • Farming
  • Electroplating
  • Electro-refining
  • Sulfation
  • Others (Animal Feed, Cosmetic, Cooling System, Boiler System, Dyes & Paints, Plastic, Leather & Dyeing, Paper & Pulp)

  Industry Vertical

  • Leather
  • Food & Beverages
  • Healthcare
  • Personal Care & Cosmetic
  • Pharmaceutical
  • Agriculture
  • Others

 

Key benefits of the report:

  • This study presents the analytical depiction of the sulfamic acid market along with the current trends and future estimations to determine the imminent investment pockets.
  • The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the sulfamic acid market share.
  • The current market is quantitatively analyzed from 2020 to 2027 to highlight the sulfamic acid market growth scenario.
  • Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
  • The report provides a detailed analysis based on competitive intensity and how the competition will take shape in coming years. 

Questions answered in the sulfamic acid market research report:

  • Which are the leading market players active in the market?
  • What are the current trends that will influence the market in the next few years?
  • What are the driving factors, restraints, and opportunities of the market?
  • What are the projections for the future that would help in taking further strategic steps?
 
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