The global sulfamic acid market is envisioned to garner $1,372.80 million by 2031, growing from $375.00 million in 2021, at a CAGR of 15.0% from 2022 to 2031.
The caustic nature of sulfamic acid makes it a common ingredient in household cleaning products. As it is corrosive, sulfamic acid is ideal for cleaning surfaces such as toilets that are prone to amassing a lot of filth. Sulfamic acid is a powerful drain cleanser that can decompose organic materials like grease and hair. When sulfamic acid comes into touch with water, it heats up, which aids in clearing clogged drains. Additionally, the demand for sulfamic acid is expected to increase significantly in the next years due in large part to other home items using the chemical, such as laundry detergent, dishwasher liquid, and even some cosmetics.
However, the long-term use of sulfamic acid causes cancer, and strict government regulations for its use are likely to be significant barriers to market growth over the projection period. While it is anticipated that the volatile price of raw materials will hinder the growth of the sulfamic acid market throughout the aforementioned projected period. A specialized infrastructure is also needed for the manufacturing of sulfamic acid because it is poisonous and may reduce market demand.
Sulfamic acid market factors such as increasing population, rising hygiene awareness, and increasing demand for residential cleaning appliances all contribute to the possibility of partnerships and collaborations among the leading market players. Additionally, as more businesses turn to the packaging, pharmaceutical, and medical sectors to meet rising consumer demand, governments throughout the world are stepping up efforts to increase chemical output and the development of chemical industries. In addition, it is expected that sulfamic acid's expanding demand in the dyeing and textile industries will open up new business prospects for the top companies and increase market revenue. These factors are anticipated to boost market growth in the upcoming years.
Most global market sectors have been severely impacted by the COVID-19 pandemic. The industry sectors have recently faced unforeseen obstacles since the pandemic's emergence. There was a significant decline in the economy as a result of partial or complete lockdowns enforced in several nations around the world. During the COVID-19 pandemic, certain industry sectors experienced debt and loss, while others, like the pharmaceutical, chemical, and healthcare sectors, aim to grow and benefit from demand. Sulfamic acid is commonly used to make pesticides and cleaning products, which is essential in a pandemic situation. Cleaning is crucial in a pandemic situation, and demand for cleaning supplies rose significantly during this period.
The key players profiled in this report include Nissan Chemical Corporation, ShanDong Mingda Chemical Technology Co., Ltd, BASF SE, AkzoNobel N. V., DuPont, Jiangsu Yazhong, Palm Commodities, Yantai Sanding, Raviraj Group, and Shree Sulphamic Chemicals.
The caustic nature of sulfamic acid makes it a common ingredient in household cleaning products. As it is corrosive, sulfamic acid is ideal for cleaning surfaces such as toilets that are prone to amassing a lot of filth. Sulfamic acid is a powerful drain cleanser that can decompose organic materials like grease and hair. When sulfamic acid comes into touch with water, it heats up, which aids in clearing clogged drains. Additionally, the demand for sulfamic acid is expected to increase significantly in the next years due in large part to other home items using the chemical, such as laundry detergent, dishwasher liquid, and even some cosmetics.
However, the long-term use of sulfamic acid causes cancer, and strict government regulations for its use are likely to be significant barriers to market growth over the projection period. While it is anticipated that the volatile price of raw materials will hinder the growth of the sulfamic acid market throughout the aforementioned projected period. A specialized infrastructure is also needed for the manufacturing of sulfamic acid because it is poisonous and may reduce market demand.
Sulfamic acid market factors such as increasing population, rising hygiene awareness, and increasing demand for residential cleaning appliances all contribute to the possibility of partnerships and collaborations among the leading market players. Additionally, as more businesses turn to the packaging, pharmaceutical, and medical sectors to meet rising consumer demand, governments throughout the world are stepping up efforts to increase chemical output and the development of chemical industries. In addition, it is expected that sulfamic acid's expanding demand in the dyeing and textile industries will open up new business prospects for the top companies and increase market revenue. These factors are anticipated to boost market growth in the upcoming years.
Most global market sectors have been severely impacted by the COVID-19 pandemic. The industry sectors have recently faced unforeseen obstacles since the pandemic's emergence. There was a significant decline in the economy as a result of partial or complete lockdowns enforced in several nations around the world. During the COVID-19 pandemic, certain industry sectors experienced debt and loss, while others, like the pharmaceutical, chemical, and healthcare sectors, aim to grow and benefit from demand. Sulfamic acid is commonly used to make pesticides and cleaning products, which is essential in a pandemic situation. Cleaning is crucial in a pandemic situation, and demand for cleaning supplies rose significantly during this period.
The key players profiled in this report include Nissan Chemical Corporation, ShanDong Mingda Chemical Technology Co., Ltd, BASF SE, AkzoNobel N. V., DuPont, Jiangsu Yazhong, Palm Commodities, Yantai Sanding, Raviraj Group, and Shree Sulphamic Chemicals.
KEY BENEFITS FOR STAKEHOLDERS
- This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the sulfamic acid market: global opportunity analysis and industry forecast, 2020-2027 market analysis from 2021 to 2031 to identify the prevailing sulfamic acid market: global opportunity analysis and industry forecast, 2020-2027 market opportunities.
- The market research is offered along with information related to key drivers, restraints, and opportunities.
- Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
- In-depth analysis of the sulfamic acid market: global opportunity analysis and industry forecast, 2020-2027 market segmentation assists to determine the prevailing market opportunities.
- Major countries in each region are mapped according to their revenue contribution to the global market.
- Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
- The report includes the analysis of the regional as well as global sulfamic acid market: global opportunity analysis and industry forecast, 2020-2027 market trends, key players, market segments, application areas, and market growth strategies.
Key Market Segments
By Form
- Powder
- Liquid
By Application
- Metal Finishing
- Dyes Pigments
- Paper Pulp
- Plastic
- Others
By Region
- North America
- U. S.
- Canada
- Mexico
- Europe
- Germany
- United Kingdom
- France
- Spain
- Italy
- Rest of Europe
- Asia-Pacific
- China
- Japan
- India
- South Korea
- Australia
- Rest Of Asia Pacific
- LAMEA
- Brazil
- Saudi Arabia
- UAE
- South Africa
- Rest of LAMEA
Key Market Players
- Raviraj Group
- Shandong Mingda Chemical Technology Co., Ltd.
- Laizhou Jinxing Chemical Co. Ltd.
- Nanjing Jinzhang Industrial Co., Ltd.
- Jiangsu Yazhong Group Co. Ltd.
- Nissan Chemical Corporation
- Palm Commodities International, LLC
- Yantai Sanding Chemical Co. Ltd.
- Shandong Xingda Chemical Co. Ltd.
- Laizhou Guangcheng Chemical Co. Ltd.
- DuPont
- BASF SE
- AkzoNobel N. V.
Table of Contents
CHAPTER 1: INTRODUCTION1.1. Report description
1.2. Key market segments
1.3. Key benefits to the stakeholders
1.4. Research Methodology
1.4.1. Secondary research
1.4.2. Primary research
1.4.3. Analyst tools and models
CHAPTER 2: EXECUTIVE SUMMARY
2.1. Key findings of the study
2.2. CXO Perspective
CHAPTER 3: MARKET OVERVIEW
3.1. Market definition and scope
3.2. Key findings
3.2.1. Top investment pockets
3.3. Porter’s five forces analysis
3.4. Top player positioning
3.5. Market dynamics
3.5.1. Drivers
3.5.2. Restraints
3.5.3. Opportunities
3.6. COVID-19 Impact Analysis on the market
3.7. Regulatory Guidelines
3.8. Value Chain Analysis
3.9. Market Share Analysis
3.10. Key Regulation Analysis
3.11. Patent Landscape
CHAPTER 4: SULFAMIC ACID MARKET: GLOBAL OPPORTUNITY ANALYSIS AND INDUSTRY FORECAST, 2020-2027 MARKET, BY FORM
4.1 Overview
4.1.1 Market size and forecast
4.2 Powder
4.2.1 Key market trends, growth factors and opportunities
4.2.2 Market size and forecast, by region
4.2.3 Market analysis by country
4.3 Liquid
4.3.1 Key market trends, growth factors and opportunities
4.3.2 Market size and forecast, by region
4.3.3 Market analysis by country
CHAPTER 5: SULFAMIC ACID MARKET: GLOBAL OPPORTUNITY ANALYSIS AND INDUSTRY FORECAST, 2020-2027 MARKET, BY APPLICATION
5.1 Overview
5.1.1 Market size and forecast
5.2 Metal Finishing
5.2.1 Key market trends, growth factors and opportunities
5.2.2 Market size and forecast, by region
5.2.3 Market analysis by country
5.3 Dyes & Pigments
5.3.1 Key market trends, growth factors and opportunities
5.3.2 Market size and forecast, by region
5.3.3 Market analysis by country
5.4 Paper & Pulp
5.4.1 Key market trends, growth factors and opportunities
5.4.2 Market size and forecast, by region
5.4.3 Market analysis by country
5.5 Plastic
5.5.1 Key market trends, growth factors and opportunities
5.5.2 Market size and forecast, by region
5.5.3 Market analysis by country
5.6 Others
5.6.1 Key market trends, growth factors and opportunities
5.6.2 Market size and forecast, by region
5.6.3 Market analysis by country
CHAPTER 6: SULFAMIC ACID MARKET: GLOBAL OPPORTUNITY ANALYSIS AND INDUSTRY FORECAST, 2020-2027 MARKET, BY REGION
6.1 Overview
6.1.1 Market size and forecast
6.2 North America
6.2.1 Key trends and opportunities
6.2.2 North America Market size and forecast, by Form
6.2.3 North America Market size and forecast, by Application
6.2.4 North America Market size and forecast, by country
6.2.4.1 U. S.
6.2.4.1.1 Market size and forecast, by Form
6.2.4.1.2 Market size and forecast, by Application
6.2.4.2 Canada
6.2.4.2.1 Market size and forecast, by Form
6.2.4.2.2 Market size and forecast, by Application
6.2.4.3 Mexico
6.2.4.3.1 Market size and forecast, by Form
6.2.4.3.2 Market size and forecast, by Application
6.3 Europe
6.3.1 Key trends and opportunities
6.3.2 Europe Market size and forecast, by Form
6.3.3 Europe Market size and forecast, by Application
6.3.4 Europe Market size and forecast, by country
6.3.4.1 Germany
6.3.4.1.1 Market size and forecast, by Form
6.3.4.1.2 Market size and forecast, by Application
6.3.4.2 United Kingdom
6.3.4.2.1 Market size and forecast, by Form
6.3.4.2.2 Market size and forecast, by Application
6.3.4.3 France
6.3.4.3.1 Market size and forecast, by Form
6.3.4.3.2 Market size and forecast, by Application
6.3.4.4 Spain
6.3.4.4.1 Market size and forecast, by Form
6.3.4.4.2 Market size and forecast, by Application
6.3.4.5 Italy
6.3.4.5.1 Market size and forecast, by Form
6.3.4.5.2 Market size and forecast, by Application
6.3.4.6 Rest of Europe
6.3.4.6.1 Market size and forecast, by Form
6.3.4.6.2 Market size and forecast, by Application
6.4 Asia-Pacific
6.4.1 Key trends and opportunities
6.4.2 Asia-Pacific Market size and forecast, by Form
6.4.3 Asia-Pacific Market size and forecast, by Application
6.4.4 Asia-Pacific Market size and forecast, by country
6.4.4.1 China
6.4.4.1.1 Market size and forecast, by Form
6.4.4.1.2 Market size and forecast, by Application
6.4.4.2 Japan
6.4.4.2.1 Market size and forecast, by Form
6.4.4.2.2 Market size and forecast, by Application
6.4.4.3 India
6.4.4.3.1 Market size and forecast, by Form
6.4.4.3.2 Market size and forecast, by Application
6.4.4.4 South Korea
6.4.4.4.1 Market size and forecast, by Form
6.4.4.4.2 Market size and forecast, by Application
6.4.4.5 Australia
6.4.4.5.1 Market size and forecast, by Form
6.4.4.5.2 Market size and forecast, by Application
6.4.4.6 Rest Of Asia Pacific
6.4.4.6.1 Market size and forecast, by Form
6.4.4.6.2 Market size and forecast, by Application
6.5 LAMEA
6.5.1 Key trends and opportunities
6.5.2 LAMEA Market size and forecast, by Form
6.5.3 LAMEA Market size and forecast, by Application
6.5.4 LAMEA Market size and forecast, by country
6.5.4.1 Brazil
6.5.4.1.1 Market size and forecast, by Form
6.5.4.1.2 Market size and forecast, by Application
6.5.4.2 Saudi Arabia
6.5.4.2.1 Market size and forecast, by Form
6.5.4.2.2 Market size and forecast, by Application
6.5.4.3 UAE
6.5.4.3.1 Market size and forecast, by Form
6.5.4.3.2 Market size and forecast, by Application
6.5.4.4 South Africa
6.5.4.4.1 Market size and forecast, by Form
6.5.4.4.2 Market size and forecast, by Application
6.5.4.5 Rest of LAMEA
6.5.4.5.1 Market size and forecast, by Form
6.5.4.5.2 Market size and forecast, by Application
CHAPTER 7: COMPANY LANDSCAPE
7.1. Introduction
7.2. Top winning strategies
7.3. Product Mapping of Top 10 Players
7.4. Competitive Dashboard
7.5. Competitive Heatmap
7.6. Key developments
CHAPTER 8: COMPANY PROFILES
8.1 Raviraj Group
8.1.1 Company overview
8.1.2 Company snapshot
8.1.3 Operating business segments
8.1.4 Product portfolio
8.1.5 Business performance
8.1.6 Key strategic moves and developments
8.2 Shandong Mingda Chemical Technology Co., Ltd.
8.2.1 Company overview
8.2.2 Company snapshot
8.2.3 Operating business segments
8.2.4 Product portfolio
8.2.5 Business performance
8.2.6 Key strategic moves and developments
8.3 Laizhou Jinxing Chemical Co. Ltd.
8.3.1 Company overview
8.3.2 Company snapshot
8.3.3 Operating business segments
8.3.4 Product portfolio
8.3.5 Business performance
8.3.6 Key strategic moves and developments
8.4 Nanjing Jinzhang Industrial Co., Ltd.
8.4.1 Company overview
8.4.2 Company snapshot
8.4.3 Operating business segments
8.4.4 Product portfolio
8.4.5 Business performance
8.4.6 Key strategic moves and developments
8.5 Jiangsu Yazhong Group Co. Ltd.
8.5.1 Company overview
8.5.2 Company snapshot
8.5.3 Operating business segments
8.5.4 Product portfolio
8.5.5 Business performance
8.5.6 Key strategic moves and developments
8.6 Nissan Chemical Corporation
8.6.1 Company overview
8.6.2 Company snapshot
8.6.3 Operating business segments
8.6.4 Product portfolio
8.6.5 Business performance
8.6.6 Key strategic moves and developments
8.7 Palm Commodities International, LLC
8.7.1 Company overview
8.7.2 Company snapshot
8.7.3 Operating business segments
8.7.4 Product portfolio
8.7.5 Business performance
8.7.6 Key strategic moves and developments
8.8 Yantai Sanding Chemical Co. Ltd.
8.8.1 Company overview
8.8.2 Company snapshot
8.8.3 Operating business segments
8.8.4 Product portfolio
8.8.5 Business performance
8.8.6 Key strategic moves and developments
8.9 Shandong Xingda Chemical Co. Ltd.
8.9.1 Company overview
8.9.2 Company snapshot
8.9.3 Operating business segments
8.9.4 Product portfolio
8.9.5 Business performance
8.9.6 Key strategic moves and developments
8.10 Laizhou Guangcheng Chemical Co. Ltd.
8.10.1 Company overview
8.10.2 Company snapshot
8.10.3 Operating business segments
8.10.4 Product portfolio
8.10.5 Business performance
8.10.6 Key strategic moves and developments
8.11 DuPont
8.11.1 Company overview
8.11.2 Company snapshot
8.11.3 Operating business segments
8.11.4 Product portfolio
8.11.5 Business performance
8.11.6 Key strategic moves and developments
8.12 BASF SE
8.12.1 Company overview
8.12.2 Company snapshot
8.12.3 Operating business segments
8.12.4 Product portfolio
8.12.5 Business performance
8.12.6 Key strategic moves and developments
8.13 AkzoNobel N. V.
8.13.1 Company overview
8.13.2 Company snapshot
8.13.3 Operating business segments
8.13.4 Product portfolio
8.13.5 Business performance
8.13.6 Key strategic moves and developments
Executive Summary
According to this report, titled, 'Sulfamic Acid Market Size: Global Opportunity Analysis and Industry Forecast, 2020-2027 Market,' the sulfamic acid market: global opportunity analysis and industry forecast, 2020-2027 market was valued at $375.00 million in 2021, and is estimated to reach $1.4 billion by 2031, growing at a CAGR of 15% from 2022 to 2031.Sulfamic acid is frequently included in household cleaning products because of its caustic properties. In the last few years, the sulfamic acid market has experienced an accelerating growth owing to its diversified applications in various domains. Sulfamic acid is highly corrosive, making it perfect for cleaning surfaces that are prone to accumulating a lot of grime, such as toilets. Furthermore, sulfamic acid can degrade organic stuff like hair and grease, it is also a great drain cleaner. Sulfamic acid produces heat when it comes into contact with water and this helps to cut through blocked drains. Additionally, other household products containing sulfamic acid include laundry detergent, dishwasher liquid, and even certain cosmetics, which is a major factor estimated to propel the sulfamic acid market demand in the upcoming years.
However, strict government rules for its use and the fact that sulfamic acid causes cancer when used over a long period of time are expected to significantly impede market growth over the course of the forecast period. While it is anticipated that the fluctuating price of raw materials will hinder the sulfamic acid market growth throughout the aforementioned projected period. Additionally, as sulfamic acid is hazardous and may interfere with the market demand, specialized infrastructure is needed for its manufacturing.
A rising number of factors, including population growth, increased hygiene awareness, and increased demand for residential cleaning equipment, are creating new opportunities for partnerships and collaborations among the leading market players. Governments throughout the world are also working harder to increase chemical production and the growth of chemical industries as more businesses turn to the packaging, pharmaceutical, and medical industries to meet rising consumer demand. In addition, it is projected that rising demand for sulfamic acid would open up new business prospects for the top companies and increase market revenue in the dyeing and textile industries. These factors are anticipated to boost market growth in the upcoming years.
The global sulfamic acid market share is segmented based on form, application, and region. By form, it is classified into powder and liquid. By application, it is classified into metal finishing, dyes & pigments, paper & pulp, plastic, and others. By region, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
The key players profiled in the sulfamic acid market report include Nissan Chemical Corporation, ShanDong Mingda Chemical Technology Co., Ltd, BASF SE, AkzoNobel N.V., DuPont, Jiangsu Yazhong, Palm Commodities, Yantai Sanding, Raviraj Group, and Shree Sulphamic Chemicals.
Impact of COVID-19 on the Global Sulfamic Acid Industry
The manufacturing of chemicals, especially sulfamic acid, has suffered as a result of an extended lockout and decreased production in the manufacturing sectors. Furthermore, various manufacturing processes employ sulfamic acid as an acid-cleaning agent for metals and ceramics. Due to the closure of production facilities, its demand has reduced in several industries.It is anticipated that the use of existing inventory inventories and the decline in fresh material supply will further have a negative impact on market growth
The increased demand for toilet cleansers, detergents, and other cleaning supplies during the pandemic is anticipated to boost market growth over the anticipated period. To get rid of limescale, cleansers and detergents employ sulfamic acid as a descaling agent.
Key Findings of the Study
Based on form, the powder sub-segment emerged as the global leader in 2021 and the liquid sub-segment is anticipated to be the fastest growing sub-segment during the forecast periodBased on application, the metal finishing sub-segment emerged as the global leader in 2021 and the others sub-segment is predicted to show the fastest growth in the upcoming years
Based on region, the Asia-Pacific market registered the highest market share in 2021 and is projected to maintain the position during the forecast period
Companies Mentioned
- Raviraj Group
- Shandong Mingda Chemical Technology Co. Ltd.
- Laizhou Jinxing Chemical Co. Ltd.
- Nanjing Jinzhang Industrial Co. Ltd.
- Jiangsu Yazhong Group Co. Ltd.
- Nissan Chemical Corporation
- Palm Commodities International, LLC
- Yantai Sanding Chemical Co. Ltd.
- Shandong Xingda Chemical Co. Ltd.
- Laizhou Guangcheng Chemical Co. Ltd.
- Dupont
- BASF SE
- Akzonobel N.V.
Methodology
The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.
They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.
They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:
- Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
- Scientific and technical writings for product information and related preemptions
- Regional government and statistical databases for macro analysis
- Authentic news articles and other related releases for market evaluation
- Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast
Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.
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