Market Overview:
The global ultra-pure 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 ultra-pure sulfuric acid in end-use industries such as automotive and pharmaceuticals is also contributing to the growth of this market. However, volatility in prices of raw materials used in manufacturing ultra-pure sulfuric acid is restraining the growth of this market. On basis of type, G2 accounted for majority share of global ultra-pure sulfuric acid market in 2017 and is projected to maintain its dominance during forecast period owing to its high purity levels and low price point as compared with other grades. On basis on application, semiconductor segment dominated global Ultra Pure Sulfuric Acid Market with highest revenue share followed by LCD panel segment In 2017 And Is Expected To Grow At A Highest Cagr Over The Forecast Period .Regionally North America held largest revenue share Of Global Ultra Pure SulfurIC Acid Market In 2017 And Is Projected To Grow At A Highest Cagr Over The Forecast Period .
Product Definition:
Ultra-Pure Sulfuric Acid is a high quality acid used in many industrial and laboratory applications. It has a very low level of impurities, making it ideal for use in sensitive applications.
G2:
G2 is the second form of molecular sulfur. It has a boiling point of around 28 °C higher than that of normal sulfuric acid (37 °C) and a density around 0.8 g/cm3 less than that of normal H2SO4 (1.4 g/cm3).
G3:
G3 is a high purity form of sulfuric acid which has 99.99% or more of the substance that gives it's name, i.e., sulfuric acid. It is used in various applications such as production of fertilizers, purification and refining of ores and metals, production of polystyrene (PS), plasticizer for PVC pipes & fittings and manufacture of chemicals & pharmaceuticals products among others.
Application Insights:
The global ultra-pure sulfuric acid market has been segmented on the basis of application into semiconductors, LCD panels, crystal silicon solar cells and others. The semiconductor application segment led the market in 2017 and is projected to witness significant growth over the forecast period. This can be attributed to growing demand for electronic devices from a wide range of applications including consumer electronics, telecommunication and IT equipment manufacturing. Furthermore, increasing investments by foreign players are expected to spur industry expansion over the coming years.
LCD panel was another prominent segment that accounted for a considerable share in 2017 owing to rapid industrialization along with developing economies such as India China Indonesia Malaysia Philippines Singapore Thailand Vietnam etc., where LTPSA is used as an active material in liquid crystal display (LCD) production due its superior properties such as low self-heating effectivity high thermal shock resistance anti-reflective characteristics etc.
Regional Analysis:
Asia Pacific emerged as the largest regional market in 2017 and is anticipated to witness significant growth over the forecast period. The region is projected to account for a major share of global demand on account of rapid industrialization, especially in China and India. In addition, rising disposable income coupled with increasing population will drive product consumption further.
China was estimated as the largest producer of ultra-pure sulfuric acid globally by Pura Sulfur Inc., an Ontario-based company operating in China since 2010. According to IHS Markit Ltd., capacity expansion at Tianjin Haier Industrial Co., Ltd increased its production output from 110 kilotons per annum (ktna) in 2014 to 150 ktna by 2016, making it one of the top five producers globally at that time. These factors are expected to augment Asia Pacific’s demand for UHPA over the forecast period.
Growth Factors:
- Increasing demand from end-use industries such as metal processing, fertilizer production, and chemical synthesis
- Growing investments in the sulfuric acid market by key players
- Rising adoption of sulfuric acid in oil & gas refining and wastewater treatment processes
- Technological advancements in sulfuric acid production process
- Stringent environmental regulations for emissions control
Scope Of The Report
Report Attributes
Report Details
Report Title
Ultra-Pure 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
141
Number of Tables & Figures
99
Customization Available
Yes, the report can be customized as per your need.
Global Ultra-Pure Sulfuric Acid Market Report Segments:
The global Ultra-Pure 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-Pure 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-Pure 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.
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- Market Entry Strategies
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- Consumer Insights
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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-pure sulfuric acid is a highly corrosive and toxic chemical that can cause skin burns, eye irritation, and respiratory problems. It is also used in industrial processes such as oil refining and manufacturing.
Some of the major players in the ultra-pure 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-pure 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-Pure 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-Pure Sulfuric Acid Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Ultra-Pure 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-Pure 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-Pure Sulfuric Acid Market Size & Forecast, 2020-2028 4.5.1 Ultra-Pure Sulfuric Acid Market Size and Y-o-Y Growth 4.5.2 Ultra-Pure 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-Pure 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-Pure 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-Pure Sulfuric Acid Market: Competitive Dashboard
14.2 Global Ultra-Pure 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