Global Inorganic Acids Market: Overview
Inorganic acids are procured from inorganic compounds or mineral compounds. Some such inorganic acids are sulfuric acid, hydrochloric acid, perchloric acid, nitric acid, boric acid, hydrofluoric acid, and phosphoric acid. Inorganic acids have varied levels of strength such as the very high strength sulfuric acid to the weak boric acid. A characteristic of inorganic acids is that they 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.
A report by Transparency Market Research offers essential information about the global market for inorganic acids. It presents a granular analysis of the factors promoting or hindering it. It also profiles leading companies in the market and discusses their market shares, competitive edge, and operations. Further, the report leverages market-leading analytical tools to gauge the various threats and opportunities awaiting the key players.
Global Inorganic Acids Market: Trends and Opportunities
Providing a major fillip to the global inorganic acids market is a burgeoning world population that has created a pressing demand for food. This has led to the massive demand for fertilizers, which in turn has boosted demand for inorganic acids used in the manufacture of fertilizers. Inorganic acids also find application in the metal extraction process that has been a steady upswing so far. Going forward, the expansion in end-use markets is likely bring about substantial growth in the inorganic acid market.
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A popular inorganic acid, hydrochloric acid, which is typically obtained as a byproduct during the manufacture of organic compounds, is utilized in the chlorine industry. A substantial amount of hydrochloric acid is used in the manufacture of ethylene di-chloride. Silicones production also requires good amount of hydrochloric acid. Aqueous hydrochloric acid or muriatic acid is used in steel pickling, food, calcium chloride, brine treatment, and oil well acidizing.
Some of the noteworthy companies competing in the global market for inorganic acids, profiled in the report are Basic Chemical Solutions LLC, General Chemical USA, PVS Chemicals, Inc., and Azko Nobel N.V.