QY Research published a new report on the global Ultra-Pure Sulfuric Acid. Post-COVID-19 scenario, the market for Ultra-Pure Sulfuric Acid is projected to grow from US$ 255.95 million in 2020 to US$ 378.75 million by 2026; it is expected to grow at a CAGR of 6.75% during 2021–2026.
Ultra-pure sulfuric acid is mainly produced and handled for application in the manufacture of electronic semiconductors and for reagent grade applications.
High purity Sulphur acid is widely used in large scale integrated circuit(IC), semiconductor, and other microelectronics industries, for cleaning and etching agents. With the rapid development of microelectronics industry, demand for electronic-grade Sulphur acid is growing and it has a very good prospect.
Global Ultra-Pure Sulfuric Acid Market- Key Players
BASF, Mitsubishi Chemical, Asia Union Electronic Chemicals, Kanto Chemical, Avantor, KMG Electronic Chemicals, Zhejiang Kaisn Fluorochemical, Jiangyin Jianghua Microelectronics, Suzhou Crystal Clear Chemical, Runma Chemical are some of the key players, functioning in the global ultra-pure sulfuric acid market. High Purity Sulfuric Acid is a niche market with limited players. Key suppliers usually offers a broad product line of wet electric chemicals and enjoys high recognition from the market. The top players cover BASF, Mitsubishi Chemical, Asia Union Electronic Chemicals, Kanto Chemical and Avantor etc., which are playing important roles in global High Purity Sulfuric Acid market. In 2019, the top 3 players take a combined revenue share of 60.64% in global market.
Global Ultra-Pure Sulfuric Acid Market: Regional Analysis
North America, Europe, Asia-Pacific, Latin America, Middle East & Africa are analyzed in the report. The high purity sulfuric acid market has been experiencing high growth during the past years especially in China. Leading suppliers like BASF and Mitsubishi Chemical have claimed major expansion since 2013. As the development of China mainland semiconductor industry, more players are setting new plants in China to prepare for the fast growth of China IC market. The supply and consumption of High Purity Sulfuric Acid would gradually shift from Taiwan and Japan to China Mainland in the coming years.
Read More Information: https://www.qyresearch.com/index/detail/1979880/global-ultra-pure-sulfuric-acid-market
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