Sulfamic Acid Market Size, Share, Industry Analysis, Trends, Growth, 2030

Sulfamic Acid Industry Prospective:

The global sulfamic acid market size was worth around USD 370.12 Million in 2022 and is predicted to grow to around USD 1400.56 Million by 2030 with a compound annual growth rate (CAGR) of roughly 18.10% between 2023 and 2030.

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The report analyzes the global sulfamic acid market drivers, restraints/challenges, and the effect they have on the demands during the projection period. In addition, the report explores emerging opportunities in the sulfamic acid industry. 

Sulfamic Acid Market: Overview

There are many alternative names for sulfamic acid which include amino sulfonic acid, amino sulfonic, amidosulfuric acid, and sulfamidic acid. The chemical formula of the sulfamic acid is H3NSO3. It is a colorless compound and is water soluble.

Sulfamic Acid Market: Facts

The different applications of sulfamic acid are getting away from the oxidized surface, flushing the boilers, sterilizing the bacterium in the water, and metal parts, removing nitrite in tobacco, being used as raw material for pesticide intermediate, and much more.

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Sulfamic Acid Market: Growth Factors

The major factors that are driving the sulfamic acid market are the growing demand from the personal care sector and the increasing demand for sulfamic acid in several industrial applications. The increased spending on cosmetic products is one of the major factors that are contributing to the growth of the market.

The personal care sector is experiencing robust market growth which is influencing the sulfamic acid market positively. The use of sulfamic acid in personal care products is considered to be safe thus there is a rise in the demand for the product. In the industrial sector, sulfamic acid which is a water-soluble compound is used increasingly as a cleaning agent. The factors that are restricting the growth of the market are prolonged usage of sulfamic acid can lead to cancer and the imposition of government rules.

Sulfamic Acid Market: Report Scope

Sulfamic Acid Market: Segmentation

The global market for sulfamic acid is fragmented into its form, application, and end-user industry. Based on the form, the global market is segregated into liquid, crystal, powder, and others. Based on application, the sulfamic acid market is categorized into electroplating and electro-refining, sulphation and sulphation, dyes and pigments, paper & pulp production, plastic, chlorine stabilization, and others. Based on the end-user industry, the market is divided into pharmaceuticals, agriculture/animal feed, food and beverages, cosmetics, and others.

Sulfamic Acid Market: Regional Analysis

In the region of North America, there is an increasing demand for sulfamic acid in the paper manufacturing and cosmetic industry. A significant market share is contributed by the Asia Pacific region. In the Asia Pacific region, China is driving the demand for sulfamic acid as several major market players and also some of the medium-sized companies that manufacture sulfamic acid are present here.

The expanding chemical industry is expected to drive the demand for sulfamic acid in the Asia Pacific region. In the developed countries of North America, there is a growing demand for cosmetic products which, in turn, is driving the sulfamic acid market. The demand for sulfamic acid in the personal care industry has expanded the growth of the market in Latin America.

Sulfamic Acid Market: Competitive Players

The key market players that are involved in the sulfamic acid market include

• Raviraj Chemicals
• Mingda Chemical
• Laizhou Jinxing
• Nanjing Jinzhang
• Jiangsu Yazhong
• Nissan Chemical
• Palm Commodities
• Yantai Sanding
• Shandong Xingda
• Laizhou Guangcheng
• and others.

The global sulfamic acid market is segmented as follows:

By Form

• Liquid
• Crystal
• Powder
• and Others

By Application

• Electroplating And Electro-Refining
• Sulphation And Sulphation
• Dyes And Pigments
• Paper & Pulp Production
• Plastic
• Chlorine Stabilization
• And Others

By End-User Industry

• Pharmaceutical
• Agriculture/Animal Feed
• Food And Beverages
• Cosmetics
• And Others

Sulfamic Acid Market: Regional Segment Analysis

• North America
  • U.S.
• Europe
  • UK
  • France
  • Germany
• Asia Pacific
  • China
  • Japan
  • India
• Latin America
  • Brazil
• Middle East and Africa

What Reports Provide

• Full in-depth analysis of the parent market
• Important changes in market dynamics
• Segmentation details of the market
• Former, ongoing, and projected market analysis in terms of volume and value
• Assessment of niche industry developments
• Market share analysis
• Key strategies of major players
• Emerging segments and regional markets
• Testimonials to companies in order to fortify their foothold in the market.