A
new research report by Transparency Market Research offers a
comprehensive evaluation of the global Inorganic
Acids
market. The study,
titled “Inorganic
Acids Market - Global Industry Analysis, Size, Share, Growth, Trends
and Forecast 2014 - 2020”,
is available for sale on the firm’s website.
Inorganic
acids are described as acids derived from inorganic compounds or
mineral compounds. The most common types of inorganic acids are
hydrochloric acid, sulfuric acid and nitric acid. Apart from these,
boric acid, hydrofluoric acid, perchloric acid and phosphoric acid
are some of the most used inorganic acids. Inorganic acids have
different strengths ranging from very high strength sulfuric acid to
weak boric acid. However the inorganic acids tend to be easily
soluble in water, and insoluble in organic compounds or solvents.
Inorganic acids are mostly used as a raw material in the production
process of different organic as well as inorganic compounds.
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PDF Brochure for more Professional and Technical insights :
Hydrochloric
acid which is one of the main types of inorganic acid finds the
maximum use in the chlorine industry. Most of hydrochloric acid
produced worldwide is generated as a byproduct in the manufacturing
process of various organic compounds. More than two third of the
global hydrochloric acid consumption is in the manufacturing process
of EDC (Ethylene di-chloride).
Production
of silicones also consumes a significant amount of hydrochloric acid.
Aqueous hydrochloric acid or muriatic acid finds application in
various industries such as food, brine treatment, steel pickling,
calcium chloride and oil well acidizing among some others. Sulfuric
acid is another kind of inorganic acid which finds application in a
host of industries. The main application of sulfuric acid is derived
from the fertilizer market. More than half of the global production
is used to manufacture agricultural fertilizers.
Super
phosphate of lime as well as ammonium sulfate is manufactured using
sulfuric acid. Other notable applications which consume sulfuric acid
are the manufacturing process of different chemicals such as sulfate
salts, nitric acid, pigments and dyes, explosives, drugs and
synthetic detergents. Nitric acid also has similar uses. A large
majority of global nitric acid production is consumed in the
manufacturing of fertilizers.
Ammonium
nitrate is an excellent plant fertilizer and more than 80% of nitric
acid produce is used to manufacture the compound. Small quantity of
ammonium nitrate is also used to manufacture explosives. Nitric acid
is also used to manufacture nitroaromatics, which is used to produce
polyurethanes, as well as hexanedioic acid, which is used in the
production of polyamides. Phosphoric acid is mostly used in the
manufacturing of fertilizers akin to nitric acid apart from some
other applications. Most of the other inorganic acids exhibit similar
application trends as raw materials for different chemical compounds.
Inorganic
acids market has a huge scope of growth primarily owing to the high
growth in the fertilizers industry. Apart from the fertilizer
industry, inorganic acids are used in a lot of metal extraction
process which have exhibited high growth. The growth in the end use
markets is likely to transform into growth for the inorganic acid
market as well in the foreseeable future.
Asia
Pacific is the largest consumer of inorganic acids globally due to
the presence of a large number of chemical manufacturing industries
as well as fertilizer manufacturers. China is the largest consumer as
well as producer of inorganic acid in the world and leads the Asian
consumption. Europe is the second largest producer of inorganic acids
followed by North America.
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Market Research Report with ToC & Free Analysis :
Some
of the major players in the inorganic acid market are General
Chemical USA, PVS Chemicals, Inc., Basic Chemical Solutions LLC and
Azko Nobel N.V. among many others.
This
research report analyzes this market on the basis of its market
segments, major geographies, and current market trends.
Geographies
analyzed under this research report include
- North America
- Asia Pacific
- Europe
- Rest of the World
This
report provides comprehensive analysis of
- Market growth drivers
- Factors limiting market growth
- Current market trends
- Market structure
- Market projections for upcoming years
About
Us
Transparency
Market Research (TMR) is a market intelligence company, providing
global business information reports and services. Our exclusive blend
of quantitative forecasting and trends analysis provides
forward-looking insight for thousands of decision makers. TMR's
experienced team of Analysts, Researchers, and Consultants, use
proprietary data sources and various tools and techniques to gather
and analyze information.
Our
data repository is continuously updated and revised by a team of
research experts, so that it always reflects the latest trends and
information. With a broad research and analysis capability,
Transparency Market Research employs rigorous primary and secondary
research techniques in developing distinctive data sets and research
material for business reports.
Contact
Transparency
Market Research
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NY 12207
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+1-518-618-1030
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