Dallas, TX -- (ReleaseWire) -- 06/25/2014 -- RnRMarketResearch.com adds report “Ultra Pure Sulfuric Acid Market by Grade (PPT & PPB), Application (semiconductors & pharmaceuticals) & Geography – Regional Trends & Forecast to 2019” to its store.
The ultra pure sulfuric acid (UPS) market was valued at $203.8 million in 2013, with the highest share held by Asia-Pacific accounted for 53%. The global market is projected to grow at a CAGR of 6.1% between 2014 and 2019. The highest investment is forecasted to be in Asia-Pacific, due to the growing applications, low cost of production, and availability of raw materials especially in China, South Korea, and Taiwan. The ROW is expected to have the highest growth of 5.4% between 2014 and 2019. The North American and European segments are expected to account for 18% and 16% of the value by 2019, growing at the rates of 3.5% and 3.3%, respectively between 2014 and 2019.
Companies mentioned in this report “Ultra Pure Sulfuric Acid Market by Grade (PPT & PPB), Application (semiconductors & pharmaceuticals) & Geography – Regional Trends & Forecast to 2019”:-
- Chemtrade Logistics Inc.
- Ineos Enterprises, Limited
- Avantor Performance Materials
- BASF SE
- Kanto Chemical Co., Inc
- KMG Chemicals Inc.
- Moses Lake Industries Inc.
- PVS Chemicals, Inc.
- Reagent Chemicals
- Trident Group
- the Linde Group
Complete report available @ http://www.rnrmarketresearch.com/ultra-pure-sulfuric-acid-market-by-grade-ppt-ppb-application-semiconductors-pharmaceuticals-geography-regional-trends-forecast-to-2019-market-report.html .
The UPS acid market had a consumption of 200 KT in 2013 and is projected to grow at a CAGR of 5.8% between 2014 and 2019. The ROW on the other hand, is considered as an emerging market for semiconductors as well as pharmaceuticals industries. This region is expected to reach 27 KT by 2019 and grow at a CAGR of 3.8% between 2014 and 2019.
Chemtrade Logistics, Inc. (Canada), Kanto Chemical Co. Inc. (Japan), KMG Chemicals Inc (U.S.), PVS Chemical Inc (U.S.), and Moses Lake Industries Inc. (U.S.) are the major active players in the UPS acid market. Chemtrade Logistics, Inc. and KMG Chemicals Inc showed the highest strategy adoptions amongst other players in the global UPS acid market accounted for 66% of the total market activities.
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From 2010 to 2014, expansion was observed as the major growth strategy adopted by the major UPS acid companies, accounting for a share of 63%, overall. In 2013, Chemtrade Logistics, Inc. (Canada) made two major expansions, followed by one acquisition, and expansions by Kanto Chemical Co. Inc. (Japan), and Moses Lake Industries Inc. (U.S.). Other active players in market for semiconductors & IC packaging materials are PVS Chemical Inc (U.S.) and KMG Chemicals Inc (U.S.).
The major companies offering UPS acid are actively involved in undertaking new expansion activities in the UPS acid market. Irrespective of the company’s size, all the market participants are actively investing in developing new products and offering them to the market. The manufacturing companies are leveraging distribution networks of the major companies by entering into strategic supply and distribution agreements. In this way, the companies are able to explore new markets and penetrate into the existing markets with highly efficient products.
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