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H Acid Market, Global Outlook and Forecast 2023-2029

H acid, 1-amino-8-naphthol 3, 6-disulphonic acid, is a crystalline or paste, slightly soluble in cold water, soluble in alkaline solutions such as soda ash and caustic soda.It is a key intermediate in the production of reactive dyes.H acid is mainly used for the production of acid, direct and reactive dyes, such as acid fuchsin 6B, acid red G, acid black 10B, direct black, reactive brilliant red k-2bp, reactive purple k-3r, reactive soluble blue k-r and more than 90 kinds, these dyes are used for wool spinning, cotton fabric dyeing.H acid plays a key role in the production of reactive dyes.Under the influence of increasingly stringent environmental protection requirements in China, many H acid enterprises in China have stopped production or maintained low operating rate. The representative enterprises are chuyuan group and jihua group, which are the leading H acid enterprises in China and have been greatly impacted.On the other hand, it is also because of the backward domestic production technology.Catalytic hydrogenation is a continuous production process, and as a representative of advanced technology, its sewage discharge is greatly reduced. The traditional process is intermittent iron powder reduction process, and the vast majority of H acid enterprises in China are still in use.However, to upgrade the process needs to invest a lot of money, which is also the current difficulties faced by enterprises.Currently, global H acid production bases are mainly concentrated in China and India, with an annual capacity of about 180,000 tons in China and 40,000 tons in India in 2018.The production areas of H acid in China are mainly hubei, jiangsu and shandong.India is mainly distributed in gujarat and maharashtra.Europe, America, Japan and South Korea have already shut down or shifted the industry.The whole dyestuffs industry in China is in the stage of industrial upgrading and industry reshuffle, a large number of small and medium-sized enterprises are gradually being eliminated, and the backward process is also being replaced by the new process, so this stage is likely to lead to a short period of market supply imbalance, and then cause the market price volatility.The H acid price in China reached a peak of 50 yuan/kg in 2014, and then gradually fell to 34 yuan/kg in 2018. This report aims to provide a comprehensive presentation of the global market for H Acid, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding H Acid. This report contains market size and forecasts of H Acid in global, including the following market information: Global H Acid Market Revenue, 2018-2023, 2024-2029, ($ millions) Global H Acid Market Sales, 2018-2023, 2024-2029, (Kiloton) Global top five H Acid companies in 2022 (%) The global H Acid market was valued at US$ 654.7 million in 2022 and is projected to reach US$ 824.5 million by 2029, at a CAGR of 3.3% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes. Global H Acid key players include Chuyuan Hi-Tech Group Co.,Ltd, Zhejiang Jihua Co.,Ltd, Kiri Industries Limited, etc. MARKET MONITOR GLOBAL, INC (MMG) has surveyed the H Acid manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks. Total Market by Segment: Global H Acid Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (Kiloton) Global H Acid Market Segment Percentages, by Type, 2022 (%) Powdery Paste Global H Acid Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (Kiloton) Global H Acid Market Segment Percentages, by Application, 2022 (%) Reactive Dyes Other Global H Acid Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (Kiloton) Global H Acid Market Segment Percentages, By Region and Country, 2022 (%) North America US Canada Mexico Europe Germany France U.K. Italy Russia Nordic Countries Benelux Rest of Europe Asia China Japan South Korea Southeast Asia India Rest of Asia South America Brazil Argentina Rest of South America Middle East & Africa Turkey Israel Saudi Arabia UAE Rest of Middle East & Africa Competitor Analysis The report also provides analysis of leading market participants including: Key companies H Acid revenues in global market, 2018-2023 (Estimated), ($ millions) Key companies H Acid revenues share in global market, 2022 (%) Key companies H Acid sales in global market, 2018-2023 (Estimated), (Kiloton) Key companies H Acid sales share in global market, 2022 (%) Further, the report presents profiles of competitors in the market, key players include: Chuyuan Hi-Tech Group Co.,Ltd Zhejiang Jihua Co.,Ltd Zhejiang Runtu Co.,Ltd Zhejiang Longsheng Group Co.,Ltd Shandong Yuyuan Group Co.,Ltd. Wudi Keyi Kiri Industries Limited Bodal Chemicals Bhageria Industries SPCL Shree Hari Chemicals Outline of Major Chapters: Chapter 1: Introduces the definition of H Acid, market overview. Chapter 2: Global H Acid market size in revenue and volume. Chapter 3: Detailed analysis of H Acid manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc. Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments. Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets. Chapter 6: Sales of H Acid in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world. Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc. Chapter 8: Global H Acid capacity by region & country. Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry. Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry. Chapter 11: The main points and conclusions of the report.
1 Introduction to Research & Analysis Reports 1.1 H Acid Market Definition 1.2 Market Segments 1.2.1 Market by Type 1.2.2 Market by Application 1.3 Global H Acid Market Overview 1.4 Features & Benefits of This Report 1.5 Methodology & Sources of Information 1.5.1 Research Methodology 1.5.2 Research Process 1.5.3 Base Year 1.5.4 Re
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About this Report
Report ID 917368
Category
  • Chemicals and Materials
Published on 24-Jan
Number of Pages 71
Publisher Name Market Monitor Global
Editor Rating
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