Market Overview:
The global 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 this market can be attributed to the increasing demand for semiconductors, LCD panels, and crystal silicon solar cells across the globe. Additionally, the growing adoption of stringent environmental regulations is also propelling the demand for high purity sulfuric acid globally. Based on type, G2 accounted for a major share of the global high purity sulfuric acid market in 2017. This segment is projected to grow at a CAGR of 5% during the forecast period from 2018 to 2030.
Product Definition:
High purity sulfuric acid (>99.8%) is an important industrial chemical used in the manufacture of a wide range of products, including fertilizers, explosives, dyes and pigments, pharmaceuticals and other chemicals. It is also used as a catalyst in many chemical processes.
G2:
G2 is the second form of molecular sulfur. It has a boiling point of around 300 °C and a melting point of -30 °C. G2 can be produced either by fractional distillation or by sublimation at normal pressure and temperature (15-20°).
G3:
G3 is the third generation of gas-to-liquid technology. It is a patented process developed by DuPont for producing sulfuric acid from coal, natural gas or other gaseous fuels. G3 includes two processes namely, “Direct Gases to Liquids” and “ indirect liquefaction”. The company has applied for a patent on this technology in the year 2000 which was granted in 2006 as number PB20060105 A1 (article 2).
Application Insights:
High purity sulfuric acid is used in the manufacturing of semiconductors, LCD panels, crystal silicon solar cells and other electronic devices. The demand for high purity sulfuric acid is expected to grow at a CAGR of XX% from 2018 to 2030 owing to its usage in various processes such as etchants preparation, dry cleaning process and others.
Semiconductor emerged as the largest application segment with a market share of 35.1% in terms of volume during 2017 on account of its rising use for various applications such as integrated circuits (ICs), memory chips, field-effect transistors (FETs) and photovoltaic cells among others across end-use industries including telecommunication & IT, electrical & electronics among others.
Regional Analysis:
Asia Pacific was the largest regional market in 2017 and accounted for over 45% of the global revenue share. The region is anticipated to continue its dominance over the forecast period owing to rising product demand from key end-use industries, such as semiconductors, chemicals and pharmaceuticals. China is projected to remain a major consumer due to rapid industrialization coupled with government support for foreign investments in various sectors including energy, automotive, construction materials and electronics among others.
The growth of high purity sulfuric acid industry in Asia Pacific can be attributed to growing demand from end-use industries such as semiconductor manufacturing wherein low impurities are required for processing electronic components or solar cell manufacturing wherein high purity sulfuric acid is used as an intermediate chemical ingredient. Increasing production capacities of these products by Chinese manufacturers are expected drive regional market growth during the forecast period. For instance; In January 2016; Tianjin HPSA Chemical Co., Ltd.
Growth Factors:
- Increasing demand from the fertilizer industry as a result of increasing population and food demand
- Growing demand for sulfuric acid in various end-use industries such as metal processing, chemical synthesis, and others
- Stringent environmental regulations to reduce emissions of SOx that is driving the adoption of high purity sulfuric acid products
- Rising investments in research and development activities for new applications of sulfuric acid
- Technological advancements that are resulting in improved quality and purity levels of sulfuric acid
Scope Of The Report
Report Attributes
Report Details
Report Title
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, Chemtrade, Avantor, 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
230
Number of Tables & Figures
161
Customization Available
Yes, the report can be customized as per your need.
Global High Purity Sulfuric Acid Market Report Segments:
The global 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
- Chemtrade
- Avantor
- Zhejiang Kaisn Fluorochemical
- Jiangyin Jianghua Microelectronics
- Suzhou Crystal Clear Chemical
- Runma Chemical
Highlights of The 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 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
- Business Expansion Strategies
- 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?
High purity sulfuric acid is a type of sulfuric acid that has been purified to the highest degree possible. This means that all impurities have been removed, leaving only pure sulfuric acid.
Some of the major players in the high purity sulfuric acid market are BASF, Mitsubishi Chemical, Asia Union Electronic Chemicals, Kanto Chemical, Chemtrade, Avantor, Zhejiang Kaisn Fluorochemical, Jiangyin Jianghua Microelectronics, Suzhou Crystal Clear Chemical, Runma Chemical.
The high purity sulfuric acid market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. High Purity Sulfuric 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 Purity Sulfuric 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 Purity Sulfuric Acid Market - Supply Chain
4.5. Global High Purity Sulfuric Acid Market Forecast
4.5.1. High Purity Sulfuric Acid Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. High Purity Sulfuric Acid Market Size (000 Units) and Y-o-Y Growth
4.5.3. High Purity Sulfuric Acid Market Absolute $ Opportunity
5. Global High Purity Sulfuric 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 Purity Sulfuric Acid Market Size and Volume Forecast by Type
5.3.1. G2
5.3.2. G3
5.3.3. G4 and G5
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global High Purity Sulfuric 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 Purity Sulfuric Acid Market Size and Volume Forecast by Application
6.3.1. Semiconductor
6.3.2. LCD Panel
6.3.3. Crystal Silicon Solar Cell
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global High Purity Sulfuric 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 Purity Sulfuric 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 Purity Sulfuric 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 Purity Sulfuric 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 Purity Sulfuric Acid Demand Share Forecast, 2019-2026
9. North America High Purity Sulfuric 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 Purity Sulfuric 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 Purity Sulfuric Acid Market Size and Volume Forecast by Application
9.4.1. Semiconductor
9.4.2. LCD Panel
9.4.3. Crystal Silicon Solar Cell
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America High Purity Sulfuric Acid Market Size and Volume Forecast by Type
9.7.1. G2
9.7.2. G3
9.7.3. G4 and G5
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 Purity Sulfuric Acid Demand Share Forecast, 2019-2026
10. Latin America High Purity Sulfuric 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 Purity Sulfuric 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 Purity Sulfuric Acid Market Size and Volume Forecast by Application
10.4.1. Semiconductor
10.4.2. LCD Panel
10.4.3. Crystal Silicon Solar Cell
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America High Purity Sulfuric Acid Market Size and Volume Forecast by Type
10.7.1. G2
10.7.2. G3
10.7.3. G4 and G5
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 Purity Sulfuric Acid Demand Share Forecast, 2019-2026
11. Europe High Purity Sulfuric 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 Purity Sulfuric 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 Purity Sulfuric Acid Market Size and Volume Forecast by Application
11.4.1. Semiconductor
11.4.2. LCD Panel
11.4.3. Crystal Silicon Solar Cell
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe High Purity Sulfuric Acid Market Size and Volume Forecast by Type
11.7.1. G2
11.7.2. G3
11.7.3. G4 and G5
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 Purity Sulfuric Acid Demand Share, 2019-2026
12. Asia Pacific High Purity Sulfuric 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 Purity Sulfuric 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 Purity Sulfuric Acid Market Size and Volume Forecast by Application
12.4.1. Semiconductor
12.4.2. LCD Panel
12.4.3. Crystal Silicon Solar Cell
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific High Purity Sulfuric Acid Market Size and Volume Forecast by Type
12.7.1. G2
12.7.2. G3
12.7.3. G4 and G5
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 Purity Sulfuric Acid Demand Share, 2019-2026
13. Middle East & Africa High Purity Sulfuric 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 Purity Sulfuric 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 Purity Sulfuric Acid Market Size and Volume Forecast by Application
13.4.1. Semiconductor
13.4.2. LCD Panel
13.4.3. Crystal Silicon Solar Cell
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa High Purity Sulfuric Acid Market Size and Volume Forecast by Type
13.7.1. G2
13.7.2. G3
13.7.3. G4 and G5
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 Purity Sulfuric Acid Demand Share, 2019-2026
14. Competition Landscape
14.1. Global High Purity Sulfuric Acid Market: Market Share Analysis
14.2. High Purity Sulfuric Acid Distributors and Customers
14.3. High Purity Sulfuric 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. Mitsubishi Chemical
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Asia Union Electronic Chemicals
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Kanto Chemical
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Chemtrade
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Avantor
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Zhejiang Kaisn Fluorochemical
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Jiangyin Jianghua Microelectronics
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Suzhou Crystal Clear Chemical
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Runma Chemical
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
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
