The global high pure acid market is expected to grow at a CAGR of 4.5% during the forecast period, to reach USD 3.2 billion by 2030 from USD 2.6 billion in 2018. The growth of this market is driven by the increasing demand for high purity acids in various applications such as electronics, food ingredient and supplement, and pharmaceuticals. High purity acids are used as an additive in various food products such as soft drinks, fruit juices, and dairy products to improve their taste and flavor profile; they are also used in pharmaceuticals for manufacturing drugs that require a pH level below 7 or above 10; they are also used in electronics industry for manufacturing semiconductors which require a pH level below 1 or above 13; they are also used as an electrolyte solution for batteries which require a pH level between 1-13; they are also used as an etchant solution for metal surfaces which requires a pH level between 0-14.
High Pure Acid Market By Type: Higpure Hydrochloric Acid (HCl), Higpure Sulfuric Acid (H2SO4), Higpure Nitric Acid (HNO3).
Higpure Hydrochloric Acid (HCl): The higpure hydrochloric acid segment accounted for the largest share of the global higpure acid market with over 50% revenue share during 2018 due to its wide range of applications across different industries such as electronics, food ingredient & supplement, pharmaceuticals etc, followed by higpure sulfuric acid segment with over 30% revenue share during 2018 due to its wide range of applications across different industries such as electronics, food ingredient & supplement etc, followed by higpure nitric acid segment with over 20% revenue share during 2018 due to its wide range of applications across different industries such as electronics etc, respectively.
Some Of The Growth Factors Of This Market:
- The demand for high purity acid is increasing due to the increased use of high purity acid in various industries such as food and beverage, pharmaceuticals, and chemical industries.
- The growth of the global economy is also a factor that drives the growth of the market for high purity acid.
- Increasing population in developing countries such as China and India is also a factor that drives the growth of this market because they are expected to have higher demand for food products which require high purity acid as an ingredient.
- Increasing awareness about health benefits associated with consumption of foods rich in antioxidants has led to increased demand for fruits and vegetables which require high purity acid as an ingredient, thereby driving up demand for this product over time.
- Technological advancements in production processes are also driving up demand for this product.
Industry Growth Insights published a new data on “High Pure Acid Market”. The research report is titled “High Pure Acid Market research by Types (High-pure Hydrochloric Acid, High-pure Sulfuric Acid, High-pure Nitric Acid, Other), By Applications (Electrics, Food Ingredient & Supplement, Pharmaceutical, Other), By Players/Companies BASF, Oxy Chem, TOAGOSEI, Detrex Chemicals, KMG Electronic Chemicals, Akzo Nobel, PCC Group, Vynova, Dongyue Group Ltd, Jinmao Group, Suhua Group, Sanonda, Siping Haohua Chemical, Suzhou Crystal Clear Chemical, Jianghua Microelectronics Materials, Chuandong Chemical”.
Scope Of The Report
Report Attributes
Report Details
Report Title
High Pure Acid Market Research Report
By Type
High-pure Hydrochloric Acid, High-pure Sulfuric Acid, High-pure Nitric Acid, Other
By Application
Electrics, Food Ingredient & Supplement, Pharmaceutical, Other
By Companies
BASF, Oxy Chem, TOAGOSEI, Detrex Chemicals, KMG Electronic Chemicals, Akzo Nobel, PCC Group, Vynova, Dongyue Group Ltd, Jinmao Group, Suhua Group, Sanonda, Siping Haohua Chemical, Suzhou Crystal Clear Chemical, Jianghua Microelectronics Materials, Chuandong 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
237
Number of Tables & Figures
166
Customization Available
Yes, the report can be customized as per your need.
Global High Pure Acid Market Report Segments:
The global High Pure Acid market is segmented on the basis of:
Types
High-pure Hydrochloric Acid, High-pure Sulfuric Acid, High-pure Nitric Acid, Other
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
Electrics, Food Ingredient & Supplement, Pharmaceutical, Other
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
- Oxy Chem
- TOAGOSEI
- Detrex Chemicals
- KMG Electronic Chemicals
- Akzo Nobel
- PCC Group
- Vynova
- Dongyue Group Ltd
- Jinmao Group
- Suhua Group
- Sanonda
- Siping Haohua Chemical
- Suzhou Crystal Clear Chemical
- Jianghua Microelectronics Materials
- Chuandong Chemical
Highlights of The High Pure 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:
- High-pure Hydrochloric Acid
- High-pure Sulfuric Acid
- High-pure Nitric Acid
- Other
- By Application:
- Electrics
- Food Ingredient & Supplement
- Pharmaceutical
- Other
- 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 High Pure 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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- Correctly Positioning New Products
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- Product & Brand Management
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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?
High pure acid is a type of acid that has a high concentration of hydrogen ions. This type of acid is often used in industrial processes because it is effective at breaking down materials.
Some of the major companies in the high pure acid market are BASF, Oxy Chem, TOAGOSEI, Detrex Chemicals, KMG Electronic Chemicals, Akzo Nobel, PCC Group, Vynova, Dongyue Group Ltd, Jinmao Group, Suhua Group, Sanonda, Siping Haohua Chemical, Suzhou Crystal Clear Chemical, Jianghua Microelectronics Materials, Chuandong Chemical.
The high pure acid market is expected to register a CAGR of 4.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. High Pure Acid Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. High Pure Acid Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. High Pure Acid Market - Supply Chain
4.5. Global High Pure Acid Market Forecast
4.5.1. High Pure Acid Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. High Pure Acid Market Size (000 Units) and Y-o-Y Growth
4.5.3. High Pure Acid Market Absolute $ Opportunity
5. Global High Pure Acid Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. High Pure Acid Market Size and Volume Forecast by Type
5.3.1. High-pure Hydrochloric Acid
5.3.2. High-pure Sulfuric Acid
5.3.3. High-pure Nitric Acid
5.3.4. Other
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global High Pure Acid Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. High Pure Acid Market Size and Volume Forecast by Application
6.3.1. Electrics
6.3.2. Food Ingredient & Supplement
6.3.3. Pharmaceutical
6.3.4. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global High Pure Acid Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. High Pure Acid Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global High Pure Acid Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. High Pure Acid Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global High Pure Acid Demand Share Forecast, 2019-2026
9. North America High Pure Acid Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America High Pure Acid Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America High Pure Acid Market Size and Volume Forecast by Application
9.4.1. Electrics
9.4.2. Food Ingredient & Supplement
9.4.3. Pharmaceutical
9.4.4. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America High Pure Acid Market Size and Volume Forecast by Type
9.7.1. High-pure Hydrochloric Acid
9.7.2. High-pure Sulfuric Acid
9.7.3. High-pure Nitric Acid
9.7.4. Other
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America High Pure Acid Demand Share Forecast, 2019-2026
10. Latin America High Pure Acid Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America High Pure Acid Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America High Pure Acid Market Size and Volume Forecast by Application
10.4.1. Electrics
10.4.2. Food Ingredient & Supplement
10.4.3. Pharmaceutical
10.4.4. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America High Pure Acid Market Size and Volume Forecast by Type
10.7.1. High-pure Hydrochloric Acid
10.7.2. High-pure Sulfuric Acid
10.7.3. High-pure Nitric Acid
10.7.4. Other
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America High Pure Acid Demand Share Forecast, 2019-2026
11. Europe High Pure Acid Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe High Pure Acid Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe High Pure Acid Market Size and Volume Forecast by Application
11.4.1. Electrics
11.4.2. Food Ingredient & Supplement
11.4.3. Pharmaceutical
11.4.4. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe High Pure Acid Market Size and Volume Forecast by Type
11.7.1. High-pure Hydrochloric Acid
11.7.2. High-pure Sulfuric Acid
11.7.3. High-pure Nitric Acid
11.7.4. Other
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe High Pure Acid Demand Share, 2019-2026
12. Asia Pacific High Pure Acid Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific High Pure Acid Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific High Pure Acid Market Size and Volume Forecast by Application
12.4.1. Electrics
12.4.2. Food Ingredient & Supplement
12.4.3. Pharmaceutical
12.4.4. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific High Pure Acid Market Size and Volume Forecast by Type
12.7.1. High-pure Hydrochloric Acid
12.7.2. High-pure Sulfuric Acid
12.7.3. High-pure Nitric Acid
12.7.4. Other
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific High Pure Acid Demand Share, 2019-2026
13. Middle East & Africa High Pure Acid Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa High Pure Acid Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa High Pure Acid Market Size and Volume Forecast by Application
13.4.1. Electrics
13.4.2. Food Ingredient & Supplement
13.4.3. Pharmaceutical
13.4.4. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa High Pure Acid Market Size and Volume Forecast by Type
13.7.1. High-pure Hydrochloric Acid
13.7.2. High-pure Sulfuric Acid
13.7.3. High-pure Nitric Acid
13.7.4. Other
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa High Pure Acid Demand Share, 2019-2026
14. Competition Landscape
14.1. Global High Pure Acid Market: Market Share Analysis
14.2. High Pure Acid Distributors and Customers
14.3. High Pure Acid Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. BASF
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Oxy Chem
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. TOAGOSEI
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Detrex Chemicals
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. KMG Electronic Chemicals
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Akzo Nobel
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. PCC Group
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Vynova
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Dongyue Group Ltd
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Jinmao Group
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Suhua Group
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Sanonda
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Siping Haohua Chemical
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Suzhou Crystal Clear Chemical
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Jianghua Microelectronics Materials
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Chuandong Chemical
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
