Silver Sulphate Market 2017 Outlook, Current and Future Industry Landscape Analysis 2027

Silver Sulphate Market: Introduction

Silver Sulphate is an ionic compound, with a chemical formula of Ag2SO4 and can be used as a substitute for silver nitrate. Silver sulphate is odourless in nature and is white to grey solid, which can sink with water and is soluble. It is more soluble in comparison to silver halides. Additionally, silver sulphate is stable under ordinary conditions or room temperature, but when it is exposed to direct light and air it gets dark in colour. Therefore, the best way to keep silver sulphate is in dark-coloured and airtight bottles.

Silver sulfate has weak reducing or oxidizing powers, however, redox reactions are sometimes possible up to some extent. Most of the compounds, which falls in this category, are slightly insoluble or soluble in water. If they are soluble in water, then the solutions are generally neither strongly basic nor strongly acidic. Therefore, these compounds such as silver sulphate are not water-reactive. Additionally, there are some harmful effects of silver sulphate such as when one gets direct contact with it, silver sulphate can cause serious irritation or damage to the eye and skin, and it has a hazardous impact on aquatic life and cause long-term effects.

Furthermore, there are numerous uses of silver sulfate such as it can be used in or silver plating process, for medicinal purposes, water treatment, solar cells, fuel cells, etc. As it is an antibacterial agent and has a high ability to kill bacterial cells, silver sulphate is used as bandages. In the Food industry silver Sulphate is used in very less amounts due to the rules and regulations defined by Food and Drug Administration (FDA). Silver Sulphate is also used to remove tarnish from aluminium as it reacts with other metals leaving behind the silver.

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Silver Sulphate Market: Dynamics

Silver is attributed as the antibacterial element, thus finds its application in the pharmaceutical industry for example in the treatment of skin wounds, skin abrasions, serious lacerations which are impregnated with silver Sulphate and provide relief to the patient’s, thus owing to this property exhibited by silver Sulphate it is expected to drive the silver Sulphate market. The chemical industry is expected to be one of the major consumers of Silver Sulphate as it is used as an antioxidant, lubricant, catalyst, in silver plating etc. thus fueling the growth of silver Sulphate consumption during the forecast period.

Presence of many suppliers across the globe such as Molepedia, 1717 CheMall Corporation, AKos Consulting & Solutions, Aurora Fine Chemicals LLC, Finetech Industry Limited etc. indicates that the market is growing at a significant rate.

The high cost of silver Sulphate due to the high cost of silver coupled with the high cost involved in the production of high purity of silver Sulphate for various applications is expected to pose restraint towards the growth of the silver Sulphate market.

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Silver Sulphate Market: Market Participants

Examples of some of the market participants in the Silver Sulphate market are:

Merck kGAa
Eastman Kodak Company
SCHWITZ BIOTECH
Santa Cruz Biotechnology, Inc
LabChem
VWR INTERNATIONAL Ltd.
Silver shine chemicals
Ricca Chemical Company
HiMedia Laboratories.
Pheonix Industries
The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geographies, applications, and industry.

The report covers exhaust analysis on:

Market Segments
Market Dynamics
Market Size
Supply & Demand
Current Trends/Issues/Challenges
Competition & Companies involved
Technology
Value Chain
Regional analysis includes:

North America (U.S., Canada)
Latin America (Mexico. Brazil)
Western Europe (Germany, Italy, France, U.K, Spain)
Eastern Europe (Poland, Russia)
Asia Pacific (China, India, ASEAN, Australia & New Zealand)
Japan
Middle East and Africa (GCC Countries, S. Africa, Northern Africa)
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

Silver Sulphate Market: Segmentation
Silver Sulphate Market can be segmented on the basis of Form –

Solid
Powder
Silver Sulphate Market can be segmented on the basis of end use industry:

Agriculture industry
Food Industry
Pharmaceutical Industry
Chemical Industry
Others (Military, optical etc.)
Report Highlights:

Detailed overview of parent market
Changing market dynamics in the industry
In-depth market segmentation
Historical, current and projected market size in terms of volume and value
Recent industry trends and developments
Competitive landscape
Strategies of key players and products offered
Potential and niche segments, geographical regions exhibiting promising growth
A neutral perspective on market performance
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