Global Amidosulfonic Acids Market - Forecast(2023 - 2028)

Global Amidosulfonic Acids Market Overview

Global amidosulfonic acids market size is forecast to reach US$527.3 million by 2027, after growing at a CAGR of 4.7% during 2022-2027. Amidosulfonic acid also known as amidosulfuric acid or sulfamic acid is a water-soluble compound which is used as a chemical cleaning agent in the industrial sector. Rapidly rising demand for amidosulfonic acid as an acidic cleaning agent for metals and ceramics is estimated to drive the global amidosulfonic acids market growth. Additionally, with the emergence of Covid-19 the need for hygiene has increased among individuals, thus, which has also raised the demand for household cleaning agents. Furthermore, in the healthcare and pharmaceutical industry the inclining demand for amidosulfonic acid in the design of therapeutic agents such as antibiotics and other medical applications is further anticipated to lead the growth of amidosulfonic acids industry market over the forecast period.

COVID 19 Impact:

All manufacturing industries, as well as chemical industries, including the sulfamic acid industry, have been affected by the COVID-19 epidemic. Lockdowns have had a negative impact on production, resulting in inventory stockpiles and a decrease in demand for fresh raw material supplies. Amidosulfonic acid or sulfamic acid commonly used as an acid cleaning agent for metals and ceramic-based goods in the manufacturing business, has been hit by industry shutdowns. On the other hand, the pandemic has boosted consumer concern about sanitization and hygiene, resulting in increased demand for detergent and toilet cleaning chemicals in the market, which has further increased the market for global amidosulfonic acids industry.

Report Coverage

The report " Global Amidosulfonic Acids Market Report – Forecast (2022-2027)" by IndustryARC covers an in-depth analysis of the following segments of the global amidosulfonic acids industry.

By Form: Crystal, Powder, and Liquid
By Application: Cleaning Agent, Dyes & Pigments, Metal Finishing, Paper & Pulp Production, Plastic, Sulphation & Sulphamation, Electroplating & Electro-refining, Tablets, and Others
By End-Use Industry: Food & Beverage, Healthcare & Pharmaceutical, Personal Care & Cosmetics, Agriculture/Animal Feed, Textile, Oil & Gas, and Others
By Geography: North America (USA, Canada, and Mexico), Europe (UK, Germany, Italy, France, Spain, Netherlands, Russia, Belgium, and Rest of Europe), Asia Pacific (China, Japan, India, South Korea, Australia and New Zealand, Taiwan, Indonesia, Malaysia, and Rest of Asia Pacific), South America (Brazil, Argentina, Colombia, Chile, and Rest of South America), and RoW (Middle East and Africa)

Key Takeaways

• The APAC region dominates the global amidosulfonic acids market due to the rising growth of the end-use sectors such as textile, personal care & cosmetics, and other industries, in the emerging economies such as China, Japan, South Korea, and Others.
• Rapidly rising demand for paper & pulp with the increasing paper packaging in the food & beverage sector is one of the primary factors driving the growth of the market.
• In the foreseeable future, the demand for amidosulfonic acids is also estimated to rise with the growing demand for cleaning agents to clean various industrial equipment and domestic appliances.
• Inclining demand for dyes and pigments is expected to be a very appealing application section of the global amidosulfonic acids market. During the forecast period, the market is likely to be driven by an increase in demand for sulfamic acid among manufacturers for the creation of various products using dyes and pigments.

 Figure: Asia-Pacific Amidosulfonic Acids Industry Market Revenue, 2021-2027 (US$ Million)

Global Amidosulfonic Acids Market Segment Analysis – By Application

Dyes & Pigment segment held the largest share in the global amidosulfonic acids market and is expected to continue its dominance over the period 2022-2027. Amidosulfonic acids or sulfamic acid is used in the production of dyes and pigments. Dyes & pigments are the two compound that are generally known as colorants, and which are used to provide color to a material. In recent years, with the launch of new dye and pigment plants the demand for amidosulfonic acids has also increased. For instance, in December 2020, Asahi Songwon Colors Ltd. started commercial operations at its Dahej, India plant, which is run by a joint venture with Tennants Textile Colors Ltd. The company started a new pigments plant with a capacity of 2,400 metric tonnes per year (m.t./yr). The plant was fully operational in March 2021. Rising demand for dyes & pigment is further estimated to incline the amidosulfonic acids market growth over the forecast period.

Global Amidosulfonic Acids Market Segment Analysis – By End-Use Industry

The textile sector dominated the global amidosulfonic acids market with 22.3% in 2021 and is projected to grow at a CAGR of 5.2% during 2022-2027. The increasing use of sulfamic acid in the dying of organic and inorganic leather, and other textiles is driving the growth of the industry. Leather is one of the most desired textile goods due to its durability, water resistance, insulative characteristics, and sensual softness. Also, leather is one of the most versatile natural materials, with a wide range of shapes, grades, and colours. Currently with the rising growth of the fashion industry the demand for leather is increasing, thus, which is further driving the growth of the amidosulfonic acids industry. According to the India Brand Equity Foundation, the Indian leather industry generates around 12.93% of the world's leather production of skins/hides.

Global Amidosulfonic Acids Market Segment Analysis – By Geography

The Asia-Pacific region dominated the amidosulfonic acids industry market with a share of 39.1% in terms of value in the year 2021. The market in the region is witnessing expansion with the increasing usage of amidosulfonic acids in several end-use sectors. Rapidly rising growth of the textile sector in the APAC region has driven the demand for dyes. Dye is a colorant that is used to give textiles, paper, leather, and other materials a permanent color that is resistant to washing, heat, light, and other conditions that the material is likely to be exposed to. Amidosulfonic acids are usually used for the production of dyes. According to the China National Textile and Apparel Council, the textile and garment industry in China increased its exports by 7% annually by 2020, bringing the total value of fiber products exported to US$ 400 billion. Also, according to the India Brand Equity Foundation, by 2029, the Indian textiles market is anticipated to be valued at more than US$ 209 billion. Thus, with the inclining growth of such industries, the market is estimated to rise over the forecast period.

Global Amidosulfonic Acids Market Drivers

Increasing demand for amidosulfonic acids in the paper & pulp sector

The rising usage of amidosulfonic acid as a chloride stabilizer in the paper & pulp industry is estimated to drive the growth of the market. At the HCl and chlorination stages, sulfamic acid prevents pulp degradation caused by temperature. It allows for bleaching at higher temperatures and lower pH levels without sacrificing strength. Thus, due to such advantageous properties the demand for amidosulfonic acid is rising in the paper & pulp sector. Currently rising demand for paper products is driving the need for paper & pulp industry in various regions. For instance, in May 2019, Asia Pulp & Paper (APP) constructed a new pulp and paper plant in Andhra Pradesh, India, with a capacity of 5 million tonnes per year. As a first step toward the mill's development, the business signed a memorandum of understanding (MoU) with the local authorities. This factory, is built in Ramayapatnam, in the Coastal Andhra Pradesh Prakasam district, and is currently one of the country's largest paper mill. As such, with the increasing growth of the paper & pulp industry the global market for amidosulfonic acids is anticipated to drive in the forecast timeframe.

Surging Growth of the Oil & Gas Industry

Amidosulfonic acid or sulfamic acids are mostly employed in oil and gas drilling to decrease the pH of used extraction fluids and compounds prior to disposal. The advantages of employing sulfamic acids are its solubility, ease of use, and minimal corrosiveness. The oil & gas industry's expansion has fueled the demand for amidosulfonic acid, which has eventually driven the market growth. For instance, according to the India Brand Equity Foundation, the government unveiled important oil and gas projects in February 2021, including the Ramanathapuram Thoothukudi natural gas pipeline and the Gasoline Desulphurisation Unit at Chennai Petroleum Corporation Limited, Manali. Additionally, the Union Minister of Petroleum and Natural Gas, stated that oil and gas projects worth Rs 1 lakh crore have been sanctioned for Northeast India and are likely to be completed by 2025. Furthermore, the Abu Dhabi National Oil Company (ADNOC) announced a US$ 127 billion capital spending plan for 2022-2026 on December 2021, as the United Arab Emirates' (UAE) oil and natural gas reserves increased. The state-owned corporation reported an increase in national reserves of 4 billion stock tank barrels (stb) of oil and 16 trillion standard cubic feet (scf) of natural gas, bringing the totals to 111 billion stb and 289 trillion scf, respectively.

Global Amidosulfonic Acids Market Challenges

Health Effects Associated With Amidosulfonic Acids

One of the major challenges that the global amidosulfonic acid market faces is the rising acute and chronic health effects. Acute health effects such as contact with amidosulfonic acid can cause extreme irritability and burning of the skin and eyes, as well as a significant eye injury. Also inhaling sulfamic acids might cause nose and throat irritation. In addition, high exposure to such acids might irritate the lungs, producing coughing and/or shortness of breath. Nausea, vomiting, and stomach pain can be caused by amidosulfonic acid or sulfamic acids. Chronic health effects such as liver and kidney damage are also witnessed with repeated exposure to amidosulfonic acid. Thus, due to such harmful effects, the market for amidosulfonic acid is estimated to get hindered over the projected period.

Global Amidosulfonic Acids Industry Outlook

Technology launches, acquisitions, and R&D activities are key strategies adopted by players in the global amidosulfonic acids market. Global amidosulfonic acids industry top 10 companies include:

1. Brenntag GmbH
2. Raviraj Group
3. Nissan Chemical Corporation
4. Spectrum Chemical Manufacturing Corp.
5. Redox
6. VWR International, LLC
7. NuChem
8. ACURO ORGANICS LIMITED
9. Thermo Fisher Scientific Inc.
10. Tangshan Sanding Chemical Co., Ltd., and others

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