Market Overview:
The global mercury (I) sulphate market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for mercury (I) sulphate from various applications such as solar cells, fuel cells, standard cells, and others. Mercury (I) Sulphate is used as an electrolyte in these applications and helps in the efficient functioning of these devices. Additionally, rising demand for consumer electronics and automotive industry are also fuelling the growth of this market.
Product Definition:
Mercury (I) sulfate is a white crystalline solid that is soluble in water. It is used as a fungicide and an herbicide.
Solar cell:
Solar cell, also called photovoltaic cell is a device that absorbs sunlight and converts it to electricity. It is one of the cleanest sources of renewable energy available today. Solar cells are made from semiconducting materials such as silicon wafers, which capture solar energy and then convert it into electrical energy. The efficiency of these cells ranges from 20% to 22%, depending on the type and location in which they are used.
Fuel cell:
A fuel cell is an electrochemical device that converts chemical energy derived from a source into electrical energy. It is one of the cleanest and most efficient sources of electricity generation, producing only water as a by-product. Fuel cells have several advantages over conventional technologies such as renewable or non-renewable thermal power plants; they are lightweight, produce no harmful emissions and can be used in any environment.
Application Insights:
The telecom industry is anticipated to emerge as the fastest-growing segment over the forecast period. The product is widely used in electronic devices such as cell phones, mobile routers, modems and fax machines. Rising demand for smartphones and wireless devices across the globe has fueled demand for Mercury (I) Sulphate in this application segment.
In terms of revenue, consumer electronics was valued at USD 544.5 million in 2017 owing to increasing use of MgS2 based battery packs for portable instruments such as digital diaries and remote-controls which are used around the world every day by consumers including children below 14 years old along with other products like tablets and laptops manufactured using magnesium metal or alloys containing it like magnesium aluminum alloy (MAE).
Regional Analysis:
North America dominated the global market in 2017. The region is expected to witness a growth rate of over 5% from 2018 to 2030. This can be attributed to increasing demand for smartphones, rising investments in renewable energy sources and growing healthcare industry across the U.S., Canada, and Mexico.
The Asia Pacific regional market is anticipated to grow at a significant rate over the forecast period owing to rapid industrialization along with increasing government initiatives for promoting sustainable development in emerging economies such as China and India that are major consumers of this product globally. Moreover, these countries have been witnessing an increase in demand for consumer electronics products such as mobile phones since last few years due to rise in disposable income among middle-class population groups; thus, creating growth opportunities for Mercury (I) Sulphate Market globally through its applications across various end-use industries including automotive & transportation equipment manufacturing and solar cell manufacturing sector especially during production of batteries requiredfor mobiles phones/Tablets etcetera).
Growth Factors:
- Increasing demand from the agricultural sector as a fertilizer
- Growing demand for mercury (I) sulphate in chemical and pharmaceutical industries
- Rising mercury (I) sulphate consumption in gold mining and other industrial applications
- Increasing use of mercury (I) sulphate as a catalyst in various chemical processes
- Growing popularity of mercury (I) sulphate as an analytical reagent
Scope Of The Report
Report Attributes
Report Details
Report Title
Mercury (I) Sulphate Market Research Report
By Type
Solar cell, Fuel cell, Standard cell
By Application
Consumer electronics, Medical and health care industry, Automotive industry, Telecom Industry
By Companies
AK Scientific Inc, Chemical Technology Ltd, Yogi Dye Chem Industries, Shanghai Zhihua ChemTech Inc., Alfa Chemistry, Cfm Oskar Tropitzsch GmbH, Sigma-AldrichÂ
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
250
Number of Tables & Figures
175
Customization Available
Yes, the report can be customized as per your need.
Global Mercury (I) Sulphate Market Report Segments:
The global Mercury (I) Sulphate market is segmented on the basis of:
Types
Solar cell, Fuel cell, Standard cell
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
Consumer electronics, Medical and health care industry, Automotive industry, Telecom Industry
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:
- AK Scientific Inc
- Chemical Technology Ltd
- Yogi Dye Chem Industries
- Shanghai Zhihua ChemTech Inc.
- Alfa Chemistry
- Cfm Oskar Tropitzsch GmbH
- Sigma-AldrichÂ
Highlights of The Mercury (I) Sulphate 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:
- Solar cell
- Fuel cell
- Standard cell
- By Application:
- Consumer electronics
- Medical and health care industry
- Automotive industry
- Telecom Industry
- 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 Mercury (I) Sulphate 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?
Mercury (I) Sulphate is a inorganic compound with the formula HgS. It is a white solid that dissolves readily in water and most other organic solvents. Mercury (I) Sulphate is used as an industrial chemical, primarily to produce silver sulfide and mercuric oxide.
Some of the major players in the mercury (i) sulphate market are AK Scientific Inc, Chemical Technology Ltd, Yogi Dye Chem Industries, Shanghai Zhihua ChemTech Inc., Alfa Chemistry, Cfm Oskar Tropitzsch GmbH, Sigma-Aldrich‚Â .
The mercury (i) sulphate market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Mercury (I) Sulphate 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. Mercury (I) Sulphate Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Mercury (I) Sulphate Market - Supply Chain
4.5. Global Mercury (I) Sulphate Market Forecast
4.5.1. Mercury (I) Sulphate Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Mercury (I) Sulphate Market Size (000 Units) and Y-o-Y Growth
4.5.3. Mercury (I) Sulphate Market Absolute $ Opportunity
5. Global Mercury (I) Sulphate 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. Mercury (I) Sulphate Market Size and Volume Forecast by Type
5.3.1. Solar cell
5.3.2. Fuel cell
5.3.3. Standard cell
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Mercury (I) Sulphate 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. Mercury (I) Sulphate Market Size and Volume Forecast by Application
6.3.1. Consumer electronics
6.3.2. Medical and health care industry
6.3.3. Automotive industry
6.3.4. Telecom Industry
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Mercury (I) Sulphate 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. Mercury (I) Sulphate 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 Mercury (I) Sulphate 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. Mercury (I) Sulphate 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 Mercury (I) Sulphate Demand Share Forecast, 2019-2026
9. North America Mercury (I) Sulphate 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 Mercury (I) Sulphate 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 Mercury (I) Sulphate Market Size and Volume Forecast by Application
9.4.1. Consumer electronics
9.4.2. Medical and health care industry
9.4.3. Automotive industry
9.4.4. Telecom Industry
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Mercury (I) Sulphate Market Size and Volume Forecast by Type
9.7.1. Solar cell
9.7.2. Fuel cell
9.7.3. Standard cell
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 Mercury (I) Sulphate Demand Share Forecast, 2019-2026
10. Latin America Mercury (I) Sulphate 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 Mercury (I) Sulphate 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 Mercury (I) Sulphate Market Size and Volume Forecast by Application
10.4.1. Consumer electronics
10.4.2. Medical and health care industry
10.4.3. Automotive industry
10.4.4. Telecom Industry
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Mercury (I) Sulphate Market Size and Volume Forecast by Type
10.7.1. Solar cell
10.7.2. Fuel cell
10.7.3. Standard cell
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 Mercury (I) Sulphate Demand Share Forecast, 2019-2026
11. Europe Mercury (I) Sulphate 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 Mercury (I) Sulphate 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 Mercury (I) Sulphate Market Size and Volume Forecast by Application
11.4.1. Consumer electronics
11.4.2. Medical and health care industry
11.4.3. Automotive industry
11.4.4. Telecom Industry
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Mercury (I) Sulphate Market Size and Volume Forecast by Type
11.7.1. Solar cell
11.7.2. Fuel cell
11.7.3. Standard cell
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 Mercury (I) Sulphate Demand Share, 2019-2026
12. Asia Pacific Mercury (I) Sulphate 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 Mercury (I) Sulphate 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 Mercury (I) Sulphate Market Size and Volume Forecast by Application
12.4.1. Consumer electronics
12.4.2. Medical and health care industry
12.4.3. Automotive industry
12.4.4. Telecom Industry
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Mercury (I) Sulphate Market Size and Volume Forecast by Type
12.7.1. Solar cell
12.7.2. Fuel cell
12.7.3. Standard cell
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 Mercury (I) Sulphate Demand Share, 2019-2026
13. Middle East & Africa Mercury (I) Sulphate 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 Mercury (I) Sulphate 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 Mercury (I) Sulphate Market Size and Volume Forecast by Application
13.4.1. Consumer electronics
13.4.2. Medical and health care industry
13.4.3. Automotive industry
13.4.4. Telecom Industry
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Mercury (I) Sulphate Market Size and Volume Forecast by Type
13.7.1. Solar cell
13.7.2. Fuel cell
13.7.3. Standard cell
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 Mercury (I) Sulphate Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Mercury (I) Sulphate Market: Market Share Analysis
14.2. Mercury (I) Sulphate Distributors and Customers
14.3. Mercury (I) Sulphate Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. AK Scientific Inc
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Chemical Technology Ltd
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Yogi Dye Chem Industries
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Shanghai Zhihua ChemTech Inc.
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Alfa Chemistry
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Cfm Oskar Tropitzsch GmbH
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Sigma-Aldrich
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. COMPANY8
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
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