Chat with us, powered by LiveChat

Loading...

Sulfamic Acid Market, by Form

RA00160

Sulfamic Acid Market, by Form (Liquid, Powder), By Application (Metal Finishing, Dyes &Pigments, Paper & Pulp, Plastic, Others),Regional Analysis (North America, Europe, Asia-Pacific, LAMEA): Global Opportunity Analysis and Industry Forecast, 2019–2026

COVID-19

pandemic has shown to have an enormous impact on most
industries.

Click Here to access our comprehensive analysis of the

Impact of covid-19 on Sulfamic Acid Market

Global SulfamicAcid Industry Insights, 2026:

Globalsulfamic acid marketforecast will surpass$7,037.3 million by 2026, rising from $5,375.7million in 2018, at a CAGR of 3.4%.The Asia-Pacific regional market held the largest market valueof over $2,580.4 million in 2018. The Europemarket is expected to surpass $1,323.0 million by 2026.

Sulfamic acid is also called Amido Sulfuric Acid. It is a water-soluble and colorless molecular compound with chemical formula (H3NSO3) and widely used by numerous End-users. It is mainly a predecessor to sweet-tasting mixtures and widely used in the development of numerous types of therapeutic agents such as HIV protease inhibitors (PIs), anti-cancer drugs (carbonic anhydrase and steroid sulfatase inhibitors), antibiotics, anti-epileptic drugs, and nucleoside human immunodeficiency virus that are reverse transcriptase inhibitors, and weight loss medicines.

Driving Factors: Higher shelf life is considered to drive the sulfamic acid market

Sulfamicacid possesses an extended shelf life and is highly effective in descaling. It offers complete chemical cleaning and does not need manual cleaning,post descaling. Moreover, it does not require any system for dosing. These key factors are anticipated to drive the global sulfamic acid market during the projected time frame.

Market Restraint: The diseases caused by the exposure of sulfamic acid is considered to be the major restraint for the growth of the sulfamic acid market

When sulfamic acid comes in contact with skin, it may cause chemical burns and secondary thermal burns as it is extremely corrosive in nature. In addition, it can burn the cornea and result in blindness, if in contact with eyes. Also, it is highly corrosive to metals, living tissues, as well as stones. Its vapors can burn the nose and lungs, if deeply inhaled.

The powder segment accounted for the highest market share valued for 57.0% accounting for $3,064.2 million in 2018. Liquidsegment is anticipated to dominate the sulfamic acid market by 2026 accounting for $3,099.0 million growing at a CAGR of 3.7% during the forecast period. The liquidSulfamic Acidis ahighly effective inhibitor widely used for the maintenance and cleaning of water systems. Liquid sulfamic acids are particularly effective at removing iron and precipitated hardness deposits and are hugely recommended for use where worker safety considerations are of major importance.

The metal finishingapplication segment held the largest market value in 2018 accounting for $1,612.7 million and is anticipated to reach $2,076.0 million by 2026, growing at a CAGR of 3.2% during the forecast period.Dyes & Pigmentssegment is expected to hold the largest market value during the projected timeframe, accounting for $1,666.5 million by 2026, growing at a CAGR of 4.4% during the forecast period. TheSulfamic Acid removes additional nitrides used in the diazotization reactions while producing dye and pigments.

Asia-PacificSulfamic Acidindustryheld the largest market valuein the year 2018 accounting for $2,580.4 million and is further anticipated to grow at a CAGR of 3.2% during the forecast period. This growth is majorly due to the rising adoption of cosmetics along with rising concerns regarding the purification process of watercreating better growth opportunities in this region. On the other hand, the Europe market is anticipated to experience a swift growth over the forecast period, and is projected to reach $1,323.0 million and growing at a CAGR of 4.0%, during the projected timeframe.

Sulfamic acid marketplayers includeDuPont, Nissan Chemical, BASF SE, Jiangsu Yazhong,AkzoNobel N.V., Mingda Chemical, Jiangsu Yazhong, Yantai Sanding,Palm Commodities, among others.Acquisitions and product development are the key strategies that are being opted by the key industry participants to continue their market position in the regional and global markets.The Sulfamic Acidkey players are prominentlyfocusingon technologicaldevelopments, mergers and acquisitions,new product launches, and geographical expansion. These are some of the growth strategies adopted by these companies.

Porter’s Five Forces Analysis for Sulfamic Acid Market:

  • 1.Bargaining Power of Suppliers: There are many key players in sulfamic acid market, and thus the bargaining power of suppliers is high.The bargaining power of suppliers is High

  • 2.Bargaining Power of Consumers:In this market, the number of consumers is high.
    The bargaining power of consumers is High.

  • 3.Threat of new entrants: The cost related to starting up a Sulfamic acid manufacturing plant is medium.The threat of new entrants is Medium.

  • 4.Threat of substitutes:There are many substitutes for Sulfamic Acid, and thus the threat of substitutes is low.
    The threat of substitutes is High.

  • 5.Competitive rivalry in the industry:

  • This market contains manymarket participants. Many of the key players are following similar strategies for the improvement of technologies.The competitive rivalry in the industry isHigh.

 

Aspect

Particulars

  Historical Market Estimations

  2018-2019

  Base Year for Market Estimation

  2018

  Forecast timeline for Market Projection

  2019-2026

  Geographical Scope

  North America, Europe, Asia-Pacific, LAMEA

  Segmentation by Type

  • Powder
  • Liquid

  Segmentation by End-user

  • Metal Finishing
  • Dyes & Pigments
  • Paper & Pulp
  • Plastic

  Key Countries Covered

U.S., Canada, Germany, France, Spain, Russia, Japan, China, India, South Korea, Australia, Latin America, Middle East and Africa

  Key Companies Profiled

  • Nissan Chemical
  • Mingda Chemical
  • BASF SE
  • AkzoNobel N.V.
  • DuPont
  • Jiangsu Yazhong
  • Palm Commodities
  • Yantai Sanding
  • Jiangsu Yazhong

FREQUENTLY ASKED QUESTIONS?
 

A. Mingda Chemical, Raviraj Chemicals, Nanjing Jinzhang, Laizhou Jinxing, Nissan Chemical, and Jiangsu Yazhong are some of the notable suppliers of sulfamic acid.

A. The European region possesses good investment opportunities among other regions, owing to the growing construction industry in Western Europe.

A. The European region possesses good investment opportunities among other regions, owing to the growing construction industry in Western Europe.

A. Capacity additions, R&D, and distribution agreements are some of the key strategies adopted by the operating players in the global sulfamic acid market.

A. The global sulfamic acid market size was over $5,375.7 million in 2018, and is further anticipated to reach $7,037.3 million by 2026.,

A. Nissan Chemical and BASF SE are some of the key players in the global sulfamic acid market

A. Europe possesses great investment opportunities for the investors to witness the most promising growth in the coming years.

A. Europe sulfamic acid market is projected to grow at 4.0% CAGR during the forecast period.

A. Product development and joint ventures are the key strategies opted by the operating companies in this market.

A. BASF SE, AkzoNobel N.V. and DuPontareinvesting more in R&D activities for developing new products and technologies.

1.Research Methodology

1.1.Desk Research
1.2.Real time insights and validation
1.3.Forecast model
1.4.Assumptions and forecast parameters

1.4.1.Assumptions
1.4.2.Forecast parameters

1.5.Data sources

1.5.1.Primary
1.5.2.Secondary

2.Executive Summary

2.1.360° summary
2.2.Form trends
2.3.End-user trends

3.Market overview

3.1.Market segmentation & definitions
3.2.key takeaways

3.2.1.Top investment pockets
3.2.2.Top winning strategies

3.3.Porter’s five forces analysis

3.3.1.Bargaining power of consumers
3.3.2.Bargaining power of suppliers
3.3.3.Threat of new entrants
3.3.4.Threat of substitutes
3.3.5.Competitive rivalry in the market

3.4.Market dynamics

3.4.1.Drivers
3.4.2.Restraints
3.4.3.Opportunities

3.5.End-user landscape
3.6.Regulatory landscape
3.7.Patent landscape
3.8.Market value chain analysis
3.9.Strategic overview

4.Sulfamic Acid Market, by Form4.1.Liquid
 

4.1.1.Market size and forecast, by region, 2019-2026
4.1.2.Comparative market share analysis, 2018 &2026

4.2.Powder

4.2.1.Market size and forecast, by region, 2019-2026
4.2.2.Comparative market share analysis, 2018 &2026

5.Sulfamic Acid Market, by End-user

5.1.Metal Finishing

5.1.1.Market size and forecast, by region, 2019-2026
5.1.2.Comparative market share analysis, 2018 &2026

5.2.Dyes & Pigments

5.2.1.Market size and forecast, by region, 2019-2026
5.2.2.Comparative market share analysis, 2018 &2026

5.3.Paper & Pulp

5.3.1.Market size and forecast, by region, 2019-2026
5.3.2.Comparative market share analysis, 2018 &2026

5.4.Plastic

5.4.1.Market size and forecast, by region, 2019-2026
5.4.2.Comparative market share analysis, 2018 &2026

5.5.Others

5.5.1.Market size and forecast, by region, 2019-2026
5.5.2.Comparative market share analysis, 2018 &2026

6.Sulfamic Acid Market, by Region

6.1.North America

6.2.Market size and forecast, by Form, 2019-2026
6.3.Market size and forecast, by End-user, 2019-2026
6.4.Market size and forecast, by country, 2019-2026
6.5.Comparative market share analysis, 2018 &2026

6.5.1.U.S.

6.5.1.1.Market size and forecast, by Form, 2019-2026
6.5.1.2.Market size and forecast, by End-user, 2019-2026
6.5.1.3.Comparative market share analysis, 2018 &2026

6.5.2.Canada

6.5.2.1.Market size and forecast, by Form, 2019-2026
6.5.2.2.Market size and forecast, by End-user, 2019-2026
6.5.2.3.Comparative market share analysis, 2018 &2026

6.5.3.Mexico

6.5.3.1.Market size and forecast, by Form, 2019-2026
6.5.3.2.Market size and forecast, by End-user, 2019-2026
6.5.3.3.Comparative market share analysis, 2018 &2026

6.6.Europe

6.6.1.Market size and forecast, by Form, 2019-2026
6.6.2.Market size and forecast, by End-user, 2019-2026
6.6.3.Market size and forecast, by country, 2019-2026
6.6.4.Comparative market share analysis, 2018 &2026
6.6.5.UK

6.6.5.1.Market size and forecast, by Form, 2019-2026
6.6.5.2.Market size and forecast, by End-user, 2019-2026
6.6.5.3.Comparative market share analysis, 2018 &2026

6.6.6.Germany

6.6.6.1.Market size and forecast, by Form, 2019-2026
6.6.6.2.Market size and forecast, by End-user, 2019-2026
6.6.6.3.Comparative market share analysis, 2018 &2026

6.6.7.France

6.6.7.1.Market size and forecast, by Form, 2019-2026
6.6.7.2.Market size and forecast, by End-user, 2019-2026
6.6.7.3.Comparative market share analysis, 2018 &2026

6.6.8.Spain

6.6.8.1.Market size and forecast, by Form, 2019-2026
6.6.8.2.Market size and forecast, by End-user, 2019-2026
6.6.8.3.Comparative market share analysis, 2018 &2026

6.6.9.Italy

6.6.9.1.Market size and forecast, by Form, 2019-2026
6.6.9.2.Market size and forecast, by End-user, 2019-2026
6.6.9.3.Comparative market share analysis, 2018 &2026

6.6.10.Rest of Europe

6.6.10.1.Market size and forecast, by Form, 2019-2026
6.6.10.2.Market size and forecast, by End-user, 2019-2026
6.6.10.3.Comparative market share analysis, 2018 &2026

6.7.Asia-Pacific

6.7.1.Market size and forecast, by Form, 2019-2026
6.7.2.Market size and forecast, by End-user, 2019-2026
6.7.3.Market size and forecast, by country, 2019-2026
6.7.4.Comparative market share analysis, 2018 &2026

6.7.5.China

6.7.5.1.Market size and forecast, by Form, 2019-2026
6.7.5.2.Market size and forecast, by End-user, 2019-2026
6.7.5.3.Comparative market share analysis, 2018 &2026

6.7.6.Japan6.7.6.1.Market size and forecast, by Form, 2019-2026
 

6.7.6.2.Market size and forecast, by End-user, 2019-2026
6.7.6.3.Comparative market share analysis, 2018 &2026

6.7.7.India

6.7.7.1.Market size and forecast, by Form, 2019-2026
6.7.7.2.Market size and forecast, by End-user, 2019-2026
6.7.7.3.Comparative market share analysis, 2018 &2026

6.7.8.Australia

6.7.8.1.Market size and forecast, by Form, 2019-2026
6.7.8.2.Market size and forecast, by End-user, 2019-2026
6.7.8.3.Comparative market share analysis, 2018 &2026

6.7.9.South Korea

6.7.9.1.Market size and forecast, by Form, 2019-2026
6.7.9.2.Market size and forecast, by End-user, 2019-2026
6.7.9.3.Comparative market share analysis, 2018 &2026

6.7.10.Rest of Asia-Pacific

6.7.10.1.Market size and forecast, by Form, 2019-2026
6.7.10.2.Market size and forecast, by End-user, 2019-2026
6.7.10.3.Comparative market share analysis, 2018 &2026

6.8.LAMEA

6.8.1.Market size and forecast, by Form, 2019-2026
6.8.2.Market size and forecast, by End-user, 2019-2026
6.8.3.Market size and forecast, by country, 2019-2026
6.8.4.Comparative market share analysis, 2018 &2026
6.8.5.Latin America

6.8.5.1.Market size and forecast, by Form, 2019-2026
6.8.5.2.Market size and forecast, by End-user, 2019-2026
6.8.5.3.Comparative market share analysis, 2018 &2026

6.8.6.Middle East

6.8.6.1.Market size and forecast, by Form, 2019-2026
6.8.6.2.Market size and forecast, by End-user, 2019-2026
6.8.6.3.Comparative market share analysis, 2018 &2026

6.8.7.Africa

6.8.7.1.Market size and forecast, by Form, 2019-2026
6.8.7.2.Market size and forecast, by End-user, 2019-2026
6.8.7.3.Comparative market share analysis, 2018 &2026

7.Company profiles

7.1.DuPont

7.1.1.Business overview
7.1.2.Financial performance
7.1.3.Form portfolio
7.1.4.Recent strategic moves & developments
7.1.5.SWOT analysis

7.2.BASF SE

7.2.1.Business overview
7.2.2.Financial performance
7.2.3.Form portfolio
7.2.4.Recent strategic moves & developments
7.2.5.SWOT analysis

7.3. AkzoNobel N.V.

7.3.1.Business overview
7.3.2.Financial performance
7.3.3.Form portfolio
7.3.4.Recent strategic moves & developments
7.3.5.SWOT analysis

7.4.Nissan Chemical

7.4.1.Business overview
7.4.2.Financial performance
7.4.3.Form portfolio
7.4.4.Recent strategic moves & developments
7.4.5.SWOT analysis

7.5.Jiangsu Yazhong

7.5.1.Business overview
7.5.2.Financial performance
7.5.3.Form portfolio
7.5.4.Recent strategic moves & developments
7.5.5.SWOT analysis

7.6. Mingda Chemical

7.6.1.Business overview
7.6.2.Financial performance
7.6.3.Form portfolio
7.6.4.Recent strategic moves & developments
7.6.5.SWOT analysis

7.7.Palm Commodities

7.7.1.Business overview
7.7.2.Financial performance
7.7.3.Form portfolio
7.7.4.Recent strategic moves & developments
7.7.5.SWOT analysis

7.8.Jiangsu Yazhong

7.8.1.Business overview
7.8.2.Financial performance
7.8.3.Form portfolio
7.8.4.Recent strategic moves & developments
7.8.5.SWOT analysis

7.9.Yantai Sanding

7.9.1.Business overview
7.9.2.Financial performance
7.9.3.Form portfolio
7.9.4.Recent strategic moves & developments
7.9.5.SWOT analysis

 

Sulfamic acid orAmido Sulfuric acid is powdered or white crystalline solid with chemical formula H3NSO3. This colorless and water-soluble molecular compound is widely used in several end use industries. It is a pure acid that forms pellets after it is mixed with an inactive binding substance. Sulfamic acid is a precursor to sweet-tasting mixtures and it is widely used in developing various types of therapeutic agents such as anti-epileptics, HIV protease inhibitors (Pls), nucleoside HIV, and weight loss medicine. This acid can be considered an intermediary compound betweensulfamide and sulfuric acid. It is reported that the sulfamic acid is four to six times more effective as compared to urea.

Industrial Applications of Sulfamic Acid

In industrial processes, sulfamic acid is used for scaling of industrial and descaling of water born equipment. This acid is used to clean household equipment, metals, etc. The sulfamic acid plays the role of bleaching additive in the paper & pulp industry and as a chlorine stabilizer in swimming pools. It functions as a curing agent in the leather dyeing process and plastics industry. When the different batches of colors are manufactured, the increased uniformity between the batches of colors get cleaner shades with the help of sulfamic acid. This acid is also used as a flame proofing agent in several industries such as paper and textile. Furthermore, sulfamic acid creates enormous opportunities in liming and pickling operations in the leather industry.

Recent Developments in Sulfamic Acid Market

Using sulfamic acid in industry plants such as ethanol provides more precision and safety to the workers while working in the factory. As per Research Dive blog,  sulfamic acidis also widely used in the industrial cleaning of brewhouse and dairy equipment. As this acid is considered as less corrosive than other strong acids, corrosion components are frequently added in sulfamic acid for effective results. The technology is advancing and the top gaining players of the global sulfamic acid industry are coming up with new technological developments and novel products by focusing on consumers’ safety.

For instance, inJune 2016, BASF launched two new products “Lutopur MSA and Fueltase phytase”. The Lutopur is a highly effective alternative to sulfamic acid for cleanin-in-place systems in the ethanol industry. It is an odorless and strong organic acid that is highly effective in scale removals. On the other hand, the Fueltasephytase is used for increase efficiency in ethanol plants. This product enhances yeast health by increasing free phosphorous.

Potential Future of Sulfamic Acid Industry

Global sulfamic acid market  is estimated to witness a positive growth during the forecast period. The beneficial properties of sulfamic acid is playing a crucial role in creating massive opportunities for the vendors in the global market. Sulfamic acid is highly effective in descaling, which is predicted to drive the market growth from 2019 to 2026. However, the disease caused by this acid after coming in direct contact with skin is restricting the industry growth.

Higher shelf life of sulfamic acid and its growing recommendation for workers safety are the major factors giving substantial uplift to the growth of sulfamic acid market in the coming years. As per the Research Dive report statistics, the sulfamic acid market is expected to garner a revenue of $7,037.3 million by the end of 2026. Geographically, the Europe region is likely to create huge growth opportunities in the market owing to the presence of leading manufacturers in this region. In addition, the report profiles prominent players operating in the global market who are focusing more on introducing technology innovations and novel product development to maintain a strong position in the global
 

Purchase Options

Enquire To Buy

Personalize this research

  • Triangulate with your own data
  • Get Data as per your format and defination
  • Get a deeper dive on a specific application, geography, customer or competitor
10% Off on Customization
Contact Us

Customers Also Viewed