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Latest Report on Sulfamic Acid Market Size & Share, Growth, Trends and Forecast 2017 - 2025
The main objective of this report is to define, describe, and forecast the global “Sulfamic Acid” market on the basis of types of applications, major sectors, deployment models, organization size, and regions. The report contains an analysis of the major factors influencing the growth of the market (drivers, restraints, opportunities, and challenges). It aims to strategically analyze the micromarkets with respect to individual growth trends, prospects, and their contribution to the market. The report attempts to forecast the market size for 5 major regions, namely, North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA), and Latin America. It contains key vendor profiles and comprehensively analyzes their core competencies. The report also tracks and analyzes competitive developments, including partnerships, collaborations, acquisitions, new product developments, and R&D activities in the market.
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Sulfamic acid is a white crystalline or powdered solid. It is odorless and hygroscopic. Sulfamic acid is water soluble. It is a pure acid, which can form pellets when mixed with an inert binding substance. Pellets are used in comparatively higher number of applications. They are specially used for producing customized sulfamic acid pellets with specific composition. Sulfamic acid can be considered an intermediary compound between sulfuric acid and sulfamide. Sulfamic acid is reported to be four to six times more effective than urea. Furthermore, sulfamic acid is mostly preferred over urea for excess nitrite removal application.
Sulfamic Acid Market: Drivers and Restraints
The sulfamic acid market is expected to be driven by the rise in population and their switch to improved nutrition-rich food crops that necessitate substantial quantities of fertilizers. The market is also anticipated to be influenced by the rate of increase in manufacture of biofuels, specifically corn-based fuels. However, prices of raw materials are expected to be volatile during the forecast period. Increase in prices of raw materials is anticipated to hamper the sulfamic acid market during the next few years.
Sulfamic Acid Market: Segmentation
Based on application, the sulfamic acid market can be segmented into:
Boiler Systems
Cooling Systems
Leather Dyeing
Dyes & Paints
Plastics
Others (Pulp & Paper, etc.)
Sulfamic acid is used for descaling water born and scaling of equipment in industrial processes. It is also used for cleaning of metals, household equipment, etc. It is used as chlorine stabilizer in swimming pools and as bleaching additive in the pulp & paper industry. Sulfamic acid functions as a curing agent in the plastics industry and in the leather dyeing process. It helps reach cleaner shades of color with increased uniformity between different batches of colors manufactured. Sulfamic acid creates attractive opportunities in pickling and liming operations in the leather industry. It is also used as flame proofing agent in various end-use industries such as textile and paper.
Sulfamic Acid Market: Segmentation
Based on form, the sulfamic acid market can be segmented into:
Crystals
Powder
Others (Liquid, etc.)
The powder segment accounts for major share of the global sulfamic acid market.
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Sulfamic Acid Market: Region-wise Outlook
Asia Pacific held significant share of the global sulfamic acid market in 2016. It is a key region for manufacturing of dyes and pigments. China and India are anticipated to contribute substantially toward the growth of the sulfamic acid market in Asia Pacific in the near future. Of late, India has established itself as a global supplier of pigments, intermediates, and dyes. Demand for sulfamic acid is also anticipated to be high in applications such as cosmetics and paper manufacturing. Additionally, rise in production rate is predicted to drive the overall market. In terms of demand for sulfamic acid, India is one of the key markets for dyes and pigments. Export of sulfamic acid has increased significantly in Asia Pacific over the last two years.
Sulfamic Acid Market: Key Players
Key players operating in the sulfamic acid market include:
DuPont
AkzoNobel N.V.
BASF SE
The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.
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The study is a source of reliable data on:
Market segments and sub-segments
Market trends and dynamics
Supply and demand
Market size
Current trends/opportunities/challenges
Competitive landscape
Technological breakthroughs
Value chain and stakeholder analysis
The regional analysis covers:
North America (U.S. and Canada)
Latin America (Mexico, Brazil, Peru, Chile, and others)
Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
Eastern Europe (Poland and Russia)
Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
Middle East and Africa (GCC, Southern Africa, and North Africa)
The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.
A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.
Highlights of the report:
A complete backdrop analysis, which includes an assessment of the parent market
Important changes in market dynamics
Market segmentation up to the second or third level
Historical, current, and projected size of the market from the standpoint of both value and volume
Reporting and evaluation of recent industry developments
Market shares and strategies of key players
Emerging niche segments and regional markets
An objective assessment of the trajectory of the market
Recommendations to companies for strengthening their foothold in the market
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