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Ultra-pure Sulfuric Acid Market

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Ultra-pure Sulfuric Acid Market report categorizes global market by grade, and end-user - Global Industry Insight, Trends, Size, Share, Outlook, and Opportunity Analysis 2017-2025
Ultra-pure Sulfuric Acid Market - Global Industry Insight,
Trends, Size, Share, Outlook, 2018-2026
Ultra-pure sulfuric acid (UPSA) is a microelectronic chemical reagent that is
used for removing particles, inorganic content, and carbon deposited in the
water. Ultra-pure sulfuric acid finds wide application in the electronic devices
and semiconductors industries and thus, is also called electronic grade sulfuric
acid. Parts per billion (ppb) and parts per trillion (ppt) are the two grade of
UPSA. Ppt is the purest grade of UPSA acid. Ppb grade UPSA is mainly used
for small units, whereas, Ppt grade USPA is widely used in cleaning and
printing application in semiconductors industry. The raw materials for the
manufacturing of UPSA acid are sulfur, water, air, and sulfur dioxide. The
semiconductors end-use segment is expected to gain rapid traction in the near
future. This is mainly attributed to increasing demand for advanced electronic
devices and gadgets.
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Rampant growth in demand for electronic devices creating favorable
growth environment for the market
The growing electronic devices industry, and increase in adoption of various
organic and inorganic growth strategies by the major and local players are the
major drivers for the growth of the ultra-pure sulfuric acid market. However, the
fluctuations in the currency exchange rates of Japan is considered as the major
restraining factor, as the country is a dominant market for ultra-pure sulfuric
acid.
There are various inorganic and organic growth strategies being adopted by
major players in the market to ensure sustainable growth in this highly
competitive market. For instance, BASF, based in Germany, has planned to
build an Ultra-pure sulfuric acid plant at Zhapu in Zhejiang Province, China, in
partnership with Jiahua Energy Chemical, which would be commissioned by
2018. The major players in ultra-pure sulfuric acid market include Tampa
Electric, Chemtrade Refinery, The Mosaic, Lucite International, Climax
Molybdenum, Valero Energy, Solvay, DuPont, Akzonobel N.V, BASF,US
Petrochemical, Shell, Avantor Performance Materials, Indian Oil Corporation
Ltd., Ineos Enterprises, PVS Chemicals Inc., Moses Lake Industries,
Sigma-Aldrich Co. LLC, KMG Chemicals Inc., Kanto Chemical Co. Inc. Linde
Group, Reagent Chemicals, and Ineos Enterprises.
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pallavi.reddy
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