Sulfamic acid is also named as amidosulfuric acid, amidosulfonic acid, sulfamidic acid, and aminosulfonic. Sulfamic acid is a molecular compound with chemical formula (H3NSO3). It is a water-soluble, and colorless compound present in various applications. Sulfamates are also byproducts of sulfamic acid. Sulfamic acid is majorly a predecessor to sweet-tasting mixtures. Sulfamic acid is also used in the design of various types of therapeutic agents including HIV protease inhibitors (PIs), antibiotics, anti-cancer drugs (carbonic anhydrase and steroid sulfatase inhibitors), anti-epileptic drugs, nucleoside human immunodeficiency virus that are reverse transcriptase inhibitors, and weight loss drugs.
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Sulfamic Acid Market: Drivers & Restraints
The major factors boosting the growth of the sulfamic acid market are high demand in the various industrial application and rising demand for personal care products in the market. The tendency to spend on cosmetics not immensely impacted by a slowdown, rather consumer choices during this period inclines to shift to minimum priced market products. Personal care industry is a most attractive and potential market and thus it is expected to grow in the near future. Hence, demand for sulfamic acid is expected to grow in forecasted years. Sulfamic acid is proven as a safe ingredient in personal care products application, however, the cosmetic segment is considered it as a moderate hazard. Sulfamic acid can also lead to cancer related and cellular level changes concerns if used for an elongated period. Sulfamic Acid is a water-soluble compound majorly used as cleaning agent of processing equipment in industrial purpose. As a cleaning agent, Sulfamic Acid can be used in a wide variety of industries including which boost up its demand across the globe in coming years. In addition, sulfamic acid other uses such as the catalyst for esterification process, herbicide, coagulator use for urea-formaldehyde resins, an ingredient in fire extinguishing media, and pigment & dye manufacturing. Sulfamic acid is the primary raw material for the various chemical product which is a largely used fire retardant substantial and herbicide for household by-products also driving its demand across the regions.On the other hand, the major factors restraining the overall growth of the sulfamic acid market are, health related concerns such as, It can also cause cancer-related and cellular level changes health related issues if used for an elongated period and government regulations.
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Sulfamic Acid Market: Key Players
Few players identified in Sulfamic Acid market are:-
- Nissan Chemical
- Raviraj Chemicals
- Palm Commodities
- Mingda Chemical
- Yantai Sanding
- Laizhou Jinxing
- Shandong Xingda
- Nanjing Jinzhang
- Laizhou Guangcheng
- Jiangsu Yazhong
- Others
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
Sulfamic Acid Market: Segmentation
The sulfamic acid market is segmented into four parts based on the forms, end-use type, industry types, and geography.
Based on the form of Sulfamic Acid market is segmented into:
- Crystal
- Powder
- Liquid
- Others
Based on the end use Sulfamic Acid market is segmented into:
- Paper & Pulp production
- Electroplating and Electro-refining
- Plastic
- Sulphation and Sulphamation
- Chlorine Stabilization
- Dyes and Pigments
- Others
Based on the industry Sulfamic Acid market is segmented into:
- Food and Beverages
- Pharmaceutical
- Cosmetics
- Agriculture/Animal Feed
- Others Industries
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The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
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