Market Overview:
The global ultra high purity sulfuric acid market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for semiconductors, LCD panels, and crystal silicon solar cells. Additionally, the growing demand for ultrapure water in various industries is also contributing to the growth of this market. However, fluctuations in prices of raw materials used in manufacturing ultra high purity sulfuric acid may restrain the growth of this market during the forecast period.
Product Definition:
Sulfuric acid is a colorless, oily liquid with a pungent odor. It is the most important industrial chemical in the world.
G2:
G2 is also known as dithiophosphoric acid or 2-phosphoric acid. It is a colorless liquid with a strong odor. The molecular weight of G2 is 128.15 and the pKa value is 8.4, which makes it an excellent chelating agent for metal ions (inorganic or organic).
G3:
G3 is a high purity form of sulfuric acid which has 99.99% or more of the substance that is used for producing industrial chemicals and other applications. It also helps in increasing the yield from ores and minerals during mining operations, as well as reducing losses during power generation, refining, transportation & manufacturing processes. G3 can be produced by two methods: thermal process (boiler) or chemical process (refinery).
Application Insights:
The global ultra high purity sulfuric acid market is segmented based on application into semiconductors, LCD panels, crystal silicon solar cell and others. The semiconductor application segment accounted for the largest revenue share in 2017 and is projected to witness significant growth over the forecast period. This can be attributed to growing demand from various electronic devices such as mobile phones, laptops among others.
Ultrahigh purity sulfuric acid (UHPSA) plays a vital role in manufacturing of chips that are used in smartphones among other electronic gadgets. Furthermore, it also has a crucial requirement in making sure that these gadgets function properly and safely without any hiccups or faults which will drive its consumption further driving up its price leading to higher profitability for all players involved with less environmental impact globally over the coming years ¢â‚¬Ëœa big win-win situation¢â‚¬â„¢s gonna happen soon!.
Regional Analysis:
Asia Pacific was the largest regional market in 2017 and is expected to continue its dominance over the forecast period. The region has a well-established semiconductor industry, which is projected to remain a key consumer of sulfuric acid. China, India, Taiwan and South Korea are among the major manufacturers of semiconductors across Asia Pacific. Growing demand for electronic devices coupled with increasing government spending on infrastructure development is likely to drive product demand over the coming years.
Europe emerged as one of the prominent regional markets in 2017 owing to high product consumption by various end-use industries including electronics, automotive and construction.
Growth Factors:
- Increasing demand from the semiconductor and electronics industry for ultra high purity sulfuric acid is expected to be a key growth driver for the market during the forecast period.
- The increasing use of sulfuric acid in various end-use industries such as automotive, pharmaceuticals, and food & beverages is also projected to fuel market growth over the next few years.
- Growing investments in research and development activities for developing new applications of sulfuric acid is another major factor that is anticipated to drive market growth in the near future.
- Stringent environmental regulations pertaining to emissions from manufacturing facilities are likely to create opportunities for ultra high purity sulfuric acid manufacturers in the coming years. 5) The increasing demand from emerging economies such as China and India is expected to provide significant impetus to market growth over the next few years
Scope Of The Report
Report Attributes
Report Details
Report Title
Ultra High Purity Sulfuric Acid Market Research Report
By Type
G2, G3, G4 and G5
By Application
Semiconductor, LCD Panel, Crystal Silicon Solar Cell
By Companies
BASF, Mitsubishi Chemical, Asia Union Electronic Chemicals, Kanto Chemical, Avantor, KMG Electronic Chemicals, Zhejiang Kaisn Fluorochemical, Jiangyin Jianghua Microelectronics, Suzhou Crystal Clear Chemical, Runma Chemical
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
139
Number of Tables & Figures
98
Customization Available
Yes, the report can be customized as per your need.
Global Ultra High Purity Sulfuric Acid Market Report Segments:
The global Ultra High Purity Sulfuric Acid market is segmented on the basis of:
Types
G2, G3, G4 and G5
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Semiconductor, LCD Panel, Crystal Silicon Solar Cell
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- BASF
- Mitsubishi Chemical
- Asia Union Electronic Chemicals
- Kanto Chemical
- Avantor
- KMG Electronic Chemicals
- Zhejiang Kaisn Fluorochemical
- Jiangyin Jianghua Microelectronics
- Suzhou Crystal Clear Chemical
- Runma Chemical
Highlights of The Ultra High Purity Sulfuric Acid Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- G2
- G3
- G4 and G5
- By Application:
- Semiconductor
- LCD Panel
- Crystal Silicon Solar Cell
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Ultra High Purity Sulfuric Acid Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Ultra high purity sulfuric acid is a type of sulfuric acid that has been purified to the highest degree possible. This type of sulfuric acid is typically used in industrial and chemical processes, as well as in the production of various types of chemicals.
Some of the major players in the ultra high purity sulfuric acid market are BASF, Mitsubishi Chemical, Asia Union Electronic Chemicals, Kanto Chemical, Avantor, KMG Electronic Chemicals, Zhejiang Kaisn Fluorochemical, Jiangyin Jianghua Microelectronics, Suzhou Crystal Clear Chemical, Runma Chemical.
The ultra high purity sulfuric acid market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Ultra High Purity Sulfuric Acid Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Ultra High Purity Sulfuric Acid Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Ultra High Purity Sulfuric Acid Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Ultra High Purity Sulfuric Acid Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Ultra High Purity Sulfuric Acid Market Size & Forecast, 2020-2028
4.5.1 Ultra High Purity Sulfuric Acid Market Size and Y-o-Y Growth
4.5.2 Ultra High Purity Sulfuric Acid Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 G2
5.2.2 G3
5.2.3 G4 and G5
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Semiconductor
6.2.2 LCD Panel
6.2.3 Crystal Silicon Solar Cell
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Ultra High Purity Sulfuric Acid Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Ultra High Purity Sulfuric Acid Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 G2
9.6.2 G3
9.6.3 G4 and G5
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Semiconductor
9.10.2 LCD Panel
9.10.3 Crystal Silicon Solar Cell
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 G2
10.6.2 G3
10.6.3 G4 and G5
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Semiconductor
10.10.2 LCD Panel
10.10.3 Crystal Silicon Solar Cell
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 G2
11.6.2 G3
11.6.3 G4 and G5
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Semiconductor
11.10.2 LCD Panel
11.10.3 Crystal Silicon Solar Cell
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 G2
12.6.2 G3
12.6.3 G4 and G5
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Semiconductor
12.10.2 LCD Panel
12.10.3 Crystal Silicon Solar Cell
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 G2
13.6.2 G3
13.6.3 G4 and G5
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Semiconductor
13.10.2 LCD Panel
13.10.3 Crystal Silicon Solar Cell
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Ultra High Purity Sulfuric Acid Market: Competitive Dashboard
14.2 Global Ultra High Purity Sulfuric Acid Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 BASF
14.3.2 Mitsubishi Chemical
14.3.3 Asia Union Electronic Chemicals
14.3.4 Kanto Chemical
14.3.5 Avantor
14.3.6 KMG Electronic Chemicals
14.3.7 Zhejiang Kaisn Fluorochemical
14.3.8 Jiangyin Jianghua Microelectronics
14.3.9 Suzhou Crystal Clear Chemical
14.3.10 Runma Chemical
