Global Hydroiodic Acid Market is projected to grow at a double digit CAGR during 2023-2027. Hydroiodic Acid is used in metal & lead refinement, bleaching, electroplating, photography, disinfection, fertilisers, metal cleaners, and rust removal owing to these applications the demand for Hydroiodic Acid is swelling across the globe. Moreover, growing pharmaceutical sector across the globe is further anticipated to drive the Global Hydroiodic Acid Market during the forecast period owing to its use in pharmaceuticals to manufacture various medicines for chronic bronchitis, scrofula, malarial infections, etc. Hydroiodic Acid is used to produce toilet bowl cleaners and drain cleaners and is used as a rust remover, in batteries, and as a primer for artificial nails. Based on application, the market has been segmented into Iodine Compound and Chemical Reagent. In 2021, the chemical reagent segment dominated the market owing its various applications in the complicated chemical processes and the segmented is anticipated to maintain its dominance over the next five years as well. Furthermore, it is also a common reducing agent for various industrial purposes and its high level of acidity allows to kill several types of germs and viruses which is further driving the Hydroiodic Acid Market across the globe. Based on region, the APAC region led the global hydroiodic acid market in 2021 followed by North America, since countries like Japan and China are the major contributors in the market. The key players in the market are Iofina, Hanwei Chemical, GFS Chemicals, Ajay-SQM, among others.
Some of the leading players in the Global Hydroiodic Acid Market
- Iofina
- Hanwei Chemical
- GFS Chemicals
- Ajay-SQM
- Boyuan Pharmaceutical & Chemical
- Jindian Chemical
- Omkar Chemicals
etc.
Objective of the Study
- To analyse and forecast the market size of Hydroiodic
Acid Market, in terms of value and volume.
- To classify and forecast Global Hydroiodic
Acid Market based on product type, end use industry, application and
regional distribution.
- To identify drivers and challenges for Global Hydroiodic
Acid Market.
- To examine competitive developments such as
expansions, new product launches, mergers & acquisitions, etc., in Global
Hydroiodic Acid Market.
- To conduct the pricing analysis for Hydroiodic
Acid Market.
- To identify and analyse the profile of leading
players involved in the manufacturing of Global Hydroiodic Acid Market.
Download Free Sample Report
Market Insights Research performed both primary as well as exhaustive secondary research for this study. Initially, Market Insights Research sourced a list of manufacturers across the globe. Subsequently, Market Insights Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, Market Insights Research could include the suppliers which could not be identified due to the limitations of secondary research. Market Insights Research analysed the service offerings, distribution channels and presence of all major collaboration manufacturers across the globe.
Market Insights Research calculated the market size of Global
Key Target Audience
- Acid Manufacturers
- Suppliers and Distributors
- Raw material suppliers
- End-Use Industries
- Industry associations and
experts
- Research organizations and
consulting companies.
- Research Institutes
- Industry associations
- Market research and
consulting firm.
The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as collaboration manufacturer and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.
|
Attribute
|
Details
|
|
Base Year
|
2021
|
|
Historical Data
|
2017 – 2020
|
|
Estimated Year
|
2022
|
|
Forecast Period
|
2023 – 2027
|
|
Quantitative Units
|
Revenue in USD Million, Volume in
Units and CAGR for 2017-2021 and 2022E-2027F
|
|
|
Report coverage
|
Revenue forecast, volume forecast, company share,
competitive landscape, growth factors, and trends
|
|
|
Segments covered
|
- Product Type
- End Use Industry
- Application
|
|
Regional scope
|
North America; Europe; Asia Pacific; South America;
Middle East & Africa
|
|
Country scope
|
United States, Mexico, Canada, China,
India, Japan, South Korea, Australia; Singapore, Malaysia, Germany, France,
United Kingdom, Spain, Italy, South Africa, UAE, Qatar, Saudi Arabia, Brazil,
Argentina, Colombia
|
|
Key companies profiled
|
Iofina, Hanwei Chemical, GFS Chemicals, Ajay-SQM,
Boyuan Pharmaceutical&Chemical, Jindian Chemical, Omkar Chemicals.
|
|
Customization scope
|
10% free report customization with
purchase. Addition or alteration to country, regional & segment scope.
|
|
Pricing and purchase options
|
Avail customized purchase options to meet your exact
research needs. Explore purchase options
|
|
Delivery Format
|
PDF and Excel through Email (We can
also provide the editable version of the report in PPT/Word format on special
request)
|
