Sulfamic Acid Market - Forecasts from 2023 to 2028

The global sulfamic acid market is estimated to grow at a CAGR of 5.93% to reach US$424.462 million in 2028 from US$272.593 million in 2021.

Sulfamic acid is a versatile chemical compound used in various industries such as cleaning agents, water treatment, dyes and pigments, pharmaceuticals, and industrial applications. An element having the chemical formula H3NSO3 is sulfamic acid. Along with these names, it is sometimes referred to as amino sulfonic acid, amino sulfonic acid, amido sulfuric acid, and sulfamidic acid.
Rapid industrialization, urbanization, and infrastructure development projects have created a substantial need for sulfamic acid in various applications, such as descaling agents, metal cleaning, and pharmaceutical production. High demand for various industrial applications and a rise in the industry's need for personal care goods are the primary reasons behind the expansion of the sulfamic acid market share. The market for personal care products is anticipated to fuel the sulfamic acid market. For instance, an Indian business with ISO certification called Vishnupriya Chemicals regularly produces technical-grade sulfamic acid to replace the corrosion inhibitors used for chlorine stabilization.

Drivers:

Government regulations.

It is anticipated that the extension of government regulations controlling the use of sulfamic acid would support market revenue growth. For instance, the European Chemicals Agency (ECHA) has classified sulfamic acid as hazardous under the Registration, Evaluation, Authorization, and Restriction of Chemicals (REACH) rule. This has led to stricter regulations governing the use of sulfamic acid in many end-use industries, and it is anticipated that these regulations will lead to higher demand for environmentally friendly sulfamic acid.

Additionally, sulfamic acid manufacturing, usage, and disposal have all been subject to regulation and oversight by China's Ministry of Environmental Protection. To safeguard public safety and advance environmental preservation, Japan's Ministry of Economy, Trade, and Industry has created a variety of guidelines for the production, use, and disposal of sulfamic acid.

Growing paper and pulp demand.

The paper and pulp industry uses sulfamic acid as a bleaching and pulp delignification chemical. Sulfamic acid sales are predicted to increase due to the increased demand for paper and paper products in emerging nations. The expanding digitalization trend has raised the demand for paper-based packaging, boosting the need for sulfamic acid in the paper and pulp sectors.

Application in the pharmaceutical industry.

Due to its several uses, sulphamic acid has attracted interest in the pharmaceutical sector. In the manufacture of several pharmaceutical molecules, such as antiviral and anticancer medications, it serves as a raw material. Sulphamic acid has also been investigated for its potential as a medication delivery method allowing the regulated and targeted release of medicinally active components. Additionally, antibiotics, nucleoside/nucleotide HIV protease inhibitors (PIs), steroid sulfatase and carbonic anhydrase inhibitors, anti-epileptic medications, HIV reverse transcriptase inhibitors, and other types of therapeutic agents have all been created using sulfamates.

Further, animals also need care and protection against various diseases, and with the increasing farm and animal population comes the need for pharmaceuticals for animals. Recently, Animal Supplement & Pharmaceutical Co., Ltd. in Thailand has launched OXIPRO, a disinfectant to protect farm animals from bacteria, fungi, and various other organisms using sulfamic acid.

Asia Pacific held a significant market share in 2021.

The global sulfamic acid market by geography is segmented into North America, South America, Europe, Middle East and Africa, and Asia Pacific. The well-established food & beverage sector and new product launches of amino are driving the regional market growth. By country, the Asia Pacific global sulfamic acid market is divided into China, India, Japan, South Korea, Indonesia, Thailand, Taiwan, and others, where China is anticipated to account for a major market share.

The sulfamic acid market is expected to grow significantly in China owing to the robust manufacturing infrastructure that China has developed, resulting in the country becoming the leading producer of chemicals, including sulfamic acid. The country has many sulfamic acid manufacturers, both large-scale and small-scale, which has significantly increased production capacity.

Furthermore, China offers a cost advantage in production and labor costs. The availability of low-cost raw materials, efficient production processes, and competitive labor costs have made China a cost-effective destination for sulfamic acid manufacturing. This advantage has attracted domestic and international companies to establish production facilities in China.

Market Developments:

• In 2021, Lautan Sulfamat Lestari, a Lautan Luas subsidiary in Indonesia, proposed constructing 7,000 tonnes per year of sulfamic acid production near Jakarta.
• In 2022, BASF SE announced the purchase of Cognis, a top provider of specialty chemicals for home and personal care products. The purchase aims to increase BASF's product portfolio, including sulfamic acid, in the market for specialty chemicals. Clean Science and Technology Private Limited stated in 2021 that it would expand its sulfamic acid production facility in India. The expansion addresses the rising demand for sulfamic acid across several industries, including pharma, agrochemicals, and industrial cleaning.
• WeylChem International GmbH purchased and completely integrated INEOS Sulphur Chemicals Spain SLU, the leading Spanish sulfur chemicals branch of INEOS enterprises, in September 2022. A modern factory in Bilbao that can produce 350,000 tonnes of sulfuric acid annually, which is then used to make sulphamic acid, is part of the recently purchased firm. The united sulfur business is now called "WeylChem Bilbao."
• The Thee-year strategic agreement between TotalEnergies and NEXUS Automotive was renewed in May 2022. TotalEnergies Lubricants' market share will grow quickly. Maximus International Limited (MIL) launched a growth strategy worth INR 25 crore in July 2022 for its East Africa operations over the next two to three years. This initiative aims to boost the company's production capabilities.

Market Segmentation:

By Form

• Liquid
• Crystal
• Powder

By Application

• Electro-plating & Electro-refining
• Sulfation & Sulfamation
• Metal Finishing
• Dyes & Pigments
• Others

By End-users

• Pharmaceutical
• Food & Beverages
• Cosmetics
• Others

By Geography

• North America
• USA
• Canada
• Mexico
• South America
• Brazil
• Others
• Europe
• Germany
• Italy
• United Kingdom
• France
• Others
• Middle East and Africa
• South Africa
• Others
• Asia Pacific
• China
• Japan
• India
• Others