North America Sulfamic Acid Market

North America Sulfamic Acid Market Size, Share & Trends Analysis Report By Form (Powder, and Liquid), By Application (Metal Finishing, Dyes & Pigments, Paper & Pulp, Plastic, and Others), By Country and Growth Forecast, 2023 - 2030

Report Id: KBV-20948 Publication Date: March-2024 Number of Pages: 108
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Analysis of Market Size & Trends

The North America Sulfamic Acid Market would witness market growth of 14.2% CAGR during the forecast period (2023-2030). In the year 2019, the North America market's volume surged to 975.2 Hundred Tonnes, showcasing a growth of 13.5% (2019-2022).

The market has witnessed significant growth and evolution over the years, driven by various applications, increasing adoption in various industries, emerging trends, and ongoing innovations. This, also known as amidosulfonic acid, has proven to be a versatile chemical compound with distinctive properties, contributing to its widespread use across multiple sectors. The adoption of this has been on the rise, propelled by its efficacy, versatility, and suitability for numerous industrial applications.

Sulfamic acid plays a pivotal role in metal processing applications, particularly in removing oxidation and rust from metals. Its use in metal cleaning processes contributes to surface preparation, enhancing the adhesion of coatings and facilitating subsequent manufacturing steps. The effectiveness of this in cleaning metal surfaces extends to its role in enhancing the adhesion of coatings. A clean and corrosion-free surface provides an optimal foundation for coatings to adhere firmly, improving the longevity and performance of the applied coatings.

Sulfamic acid serves as a versatile and effective catalyst in various chemical reactions. The growing chemical synthesis sector in the United States can leverage it's catalytic properties to facilitate key reactions, promoting the efficient production of diverse organic compounds. The U.S. is a hub for research and development in the chemical industry. Ongoing initiatives and advancements in chemical synthesis technologies may lead to the discovery of new applications for this, further driving its demand. Thus, the rising chemical synthesis and metal processing sectors in North America will assist in the expansion of the regional market.

The US market dominated the North America Sulfamic Acid Market by Country in 2022 and would continue to be a dominant market till 2030; thereby, achieving a market value of $253.7 Million by 2030. The Canada market is experiencing a CAGR of 16.6% during (2023 - 2030). Additionally, The Mexico market would exhibit a CAGR of 15.7% during (2023 - 2030).

Free Valuable Insights: The Sulfamic Acid Market is Predict to reach USD 1.2 billion by 2030, at a CAGR of 14.6%

Based on Form, the market is segmented into Powder, and Liquid. Based on Application, the market is segmented into Metal Finishing, Dyes & Pigments, Paper & Pulp, Plastic, and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.

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List of Key Companies Profiled

  • Shandong Mingda Chemical Technology Co., Ltd.
  • BASF SE
  • Laizhou Jinxing Chemical Co. Ltd.
  • DuPont de Nemours, Inc.
  • Brenntag SE
  • Laizhou Guangcheng Chemical Co., Ltd
  • Nissan Chemical Corporation
  • Akzo Nobel N.V.
  • Yantai Sanding Chemical Co., Ltd.
  • Honeywell International, Inc.

North America Sulfamic Acid Market Report Segmentation

By Form (Volume, Hundred Tonnes, USD Billion, 2019-2030)

  • Powder
  • Liquid

By Application (Volume, Hundred Tonnes, USD Billion, 2019-2030)

  • Metal Finishing
  • Dyes & Pigments
  • Paper & Pulp
  • Plastic
  • Others

By Country (Volume, Hundred Tonnes, USD Billion, 2019-2030)

  • US
  • Canada
  • Mexico
  • Rest of North America
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