Super-pure Ammonium Hydroxide Market - Forecast(2023 - 2028)

Super Pure Ammonium Hydroxide Market Overview

The Super Pure Ammonium Hydroxide Market size is estimated to reach a value of US$382.6 million by the end of 2027 after growing at a CAGR of around 4.1% from 2022 to 2027. Ammonium hydroxide also known as aqua ammonia in its pure form is a colorless alkaline liquid that is one of the many downstream products derived from the ammonia manufacturing process. It has various applications like, it is used as cleaning agent, etching agent, wood darkener, auxiliaries and also it is used in making of agrochemicals like fertilizers. Hence, due to such high applicability, super pure ammonium hydroxide is used in sectors like textile, agriculture, paper, furniture, electronics & electrical and household cleaners. Factors like the growing demand for textiles, increase consumption of fertilizers and growing consumption of household cleaning products are driving the growth of the global super pure ammonium hydroxide industry. However, super-pure ammonium hydroxide being toxic in nature causes serious health issues which can limit its usage. This can hamper the growth of global super pure ammonium hydroxide industry.

COVID-19 Impact

Super pure ammonium hydroxide is majorly used as etching agent for semiconductor in electronic sector, in textile sector it is used as dyeing auxiliary and as paper auxiliary in paper & pulp sector. COVID-19 disrupted the functioning of such sectors as the was lockdown implemented to prevent the widespread of virus, decreased the level of production and sales in them. For instance, according to European Semiconductor Industry Association, in December 2020, semiconductor sales in Europe was US$2.97 billion showing a 2.4% decrease compared to 2019 for same month. Also, according to United States International Trade Commission, in 2020, US export of fibers and yarns decreased by 25.6% while apparel export decreased by 22.7%. Further, according to the Confederation of European Paper Industries, in 2020, total pulp production output was 37 million tonnes showing a 2.8% decrease compared to 2019. Such a decrease in production and sales level in electronics, textile and paper & pulp sectors reduced the usage of super pure ammonium hydroxide in them, resulting in negative growth of the global super pure ammonium hydroxide industry.

Report Coverage

The report: “ Super Pure Ammonium Hydroxide Market Report – Forecast (2022 – 2027)” by IndustryARC, covers an in-depth analysis of the following segments in the global super pure ammonium hydroxide Industry.

By Purity – 25%, 27%, 30% and above 30%.
By Packaging – Bottles, Drums, Plastic Container, Barrel and Others.
By Application – Cleaning Agent, Etching Agent, Auxiliaries (Dyeing, Printing and Other), Wood Darkener, Fertilizers, Household Cleaners and Others.
By End-use Industry – Agriculture, Textile, Paper, Electronics & Electrical, Furniture, Plastics and Others.
By Geography – North America (USA, Canada, Mexico), Europe (UK, Germany, France, Italy, Netherland, Spain, Russia, Belgium, Rest of Europe), Asia-Pacific (China, India, Japan, South Korea, Australia and New Zealand, Indonesia, Taiwan, Malaysia, Rest of APAC), South America (Brazil, Argentina, Colombia, Chile, Rest of South America), Rest of the World (Middle East, Africa).

Key Takeaways

• Asia-Pacific dominates the global super pure ammonium hydroxide industry as the region consists of major countries like China & India which are leaders in textile production and fertilizer consumption.
• The growing demand for semiconductors from end users like automotive for electric vehicles will create more usage of super pure ammonium hydroxide as an etching agent and cleaning agent during semiconductor making.
• Super pure ammonium hydroxide has major applicability in household cleaning products as it is used in window and glass cleaners, all-purpose cleaners, oven cleaners and toilet bowl cleaners.

Figure: Asia-Pacific Super Pure Ammonium Hydroxide Market Revenue, 2021-2027 (US$ Million)

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Super Pure Ammonium Hydroxide Market Segment Analysis – By Purity

The 27% purity segment accounted for approximately 40% of the super pure ammonium hydroxide market share in 2021 and is estimated to grow at significant CAGR during the forecast period. Super pure ammonium hydroxide also known as aqua ammonia contains mostly contains 27% of ammonia and rest portion is water. Such mixture is majorly used in end-user sectors like in furniture sector for darkening wood and as cleaning agent in house cleaners. The growing demand for cleaning products and furniture items has increased the sales level of such items, which has positively impacted the usage of super pure ammonium hydroxide. For instance, according to statement by Proctor & Gamble, in 2020, home care sales of company increased more than 30%, driven by an increase in demand for home cleaning and dishwashing products. Further, according to National Bureau of Statistics, in September 2021, China’s furniture retail sales was US$2.26 billion showing 3.4% increase compared 2020. The increase in sales level of house cleaning products and furniture will lead to more usage of super pure ammonium hydroxide having 27% purity to be used as a cleaning agent in housing chemicals and as wood darkener during furniture making. This will positively impact global super pure ammonium hydroxide industry growth.

Super Pure Ammonium Hydroxide Market Segment Analysis – By End-use Industry

Electronics & Electrical segment accounted for approximately 30% of the super pure ammonium hydroxide market share in 2021 and is estimated to grow at a significant CAGR during forecast period. Super pure ammonium hydroxide has high alkalinity due to which it is majorly used as cleaning agent and etching agent in electronics & electrical sector for removing micro dust particles and organic matters from semiconductor chips. The growing demand of semiconductors has increased their sales level, which has positively impacted the usage of super pure ammonium hydroxide. For instance, according to World Semiconductor Trade Statistics, in February 2022, worldwide semiconductor sales grew by US$52.5 billion, showing 32.4% increase over February 2021. Such an increase in global sales of semiconductors on account of high demand will increase the production level of semiconductors resulting in more usage of super pure ammonium hydroxide as a cleaning and etching agent in the electronics & electrical sector. This will boost global super pure ammonium hydroxide industry growth.

Super Pure Ammonium Hydroxide Market Segment Analysis – By Geography

Asia-Pacific accounted for approximately 34% of the super pure ammonium hydroxide market share in 2021 and is estimated to grow at a significant CAGR during forecast period. Economies like China and India consists of major end use industries of super pure ammonium hydroxide such as textile, furniture and electronics & electrical. The growing advancements in these nations has increased their industrial productivity, resulting an increase in level of sales and exports. For instance, according to the Ministry of Textiles, from April to December 2021, textile exports of India grew by 41% compared to 2020 for the same period. Also, according to China’s National Bureau of Statistics, from January to September 2021, national furniture sales in China was US$18 billion showing 20.7% increase compared to 2020 same period. Further, according to China’s Semiconductor Industry Association, during January-September 2021, the revenue of China's integrated circuit industry reached US$108.4 billion showing 16.1% increase compared to 2020 same period. Such an increase in industrial productivity in textile, furniture and electronics & electrical sector will lead to more usage of super pure ammonium hydroxide in textile as dyeing auxiliary, in furniture sector as wood darkener and in electronic & electrical sector as etching agent. This will boost global super pure ammonium hydroxide industry growth.

Super Pure Ammonium Hydroxide Market Drivers

High Demand for Textiles

Super pure ammonium hydroxide due to its high alkalinity is used in textile sector in printing and dyeing auxiliaries where it makes textiles more contemporary, functional and high-grade. The growing demand for textile items on account of rapid urbanization and improvement in living standards has increased their sales and exports. For instance, according to China’s Ministry of Industry and Information Technology, from January to October 2021, country's garment and textiles exports rose by 5% to US$256.5 billion and exports of clothing products surged by 25.2% to US$138.9 billion. Further, according to the US Department of Commerce, from January to October 2021, the value of textile and apparel exports from the US was US$18.08 billion compared to US$15.8 billion in 2020 for the same period. Such an increase in exports of textiles on account of high overseas demand will increase the production level of textiles resulting in more usage of super pure ammonium hydroxide also called aqua ammonia as dyeing and printing auxiliaries. This will boost global super pure ammonium hydroxide industry growth.

Increase in Consumption of Fertilizers

Super pure ammonium hydroxide is directly used in the manufacturing of fertilizers as ammonia is a basic building block for ammonium nitrate fertilizer, which releases nitrogen, an essential nutrient for growing plants, including farm crops and lawns. High demand for food has increased agricultural activities which has positively impacted the usage of fertilizers. For instance, according to the Comprehensive Report of the Food and Agriculture Organization, in 2019, global fertilizer consumption was 54 million tonnes which was 40% higher than the volume consumed in 2000. Such an increase in fertilizers consumption will create more usage of super pure ammonium hydroxide in fertilizer production, which will boost the growth of global super pure ammonium hydroxide industry.

Super Pure Ammonium Hydroxide Market Challenge

Negative Effects on Health

Ammonium hydroxide in pure form is highly toxic and whether inhaled, ingested or absorbed through the skin, its corrosive nature can burn skin, and eyes and damage to the nasal cavity. Moreover, super pure ammonium hydroxide when mixed with other household cleaning chemicals causes a reaction which releases toxic fumes that can damage the respiratory system. Hence, such negative health effects of super pure ammonium hydroxide can have negative impact on some its applications like household cleaning products and in fertilizers. This can hamper the growth of the global super pure ammonium hydroxide industry.

Global Super Pure Ammonium Hydroxide Industry Outlook

The companies to develop a strong regional presence and strengthen their market position, continuously engage in mergers and acquisitions. The top 10 companies in the Global Super Pure Ammonium Hydroxide are:

1. MGC Pure Chemicals Inc.
2. Mitsubishi Gas Chemical
3. Shandong Everlast AC Chemical Co. Ltd.
4. KMG Chemicals Inc.
5. Denoir Ultra-Pure Inc.
6. Juhua Group Corporation
7. Vijay Gas Industry
8. Noah Chemicals
9. ChemCeed
10. Hibrett Puratex

Recent Development

• In 2021, GEMU Group collaborated with The Diversified Fluid Solutions to build high purity ammonium hydroxide with impurity levels below the 10 ppt detection limit  which will prevent undesired chemical contamination.

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