Inorganic Acid Market - Forecast(2021 - 2026) - PowerPoint PPT Presentation

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Inorganic Acid Market - Forecast(2021 - 2026)

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Inorganic Acid market size is forecasted to grow at a CAGR of 4.7% during the forecast period 2021-2026. This can be attributed to its use in fertilizers. An inorganic acid is an acid derived from one or more inorganic compounds. It is also known as mineral acid. Inorganic acids form hydrogen ions and conjugate base ions when dissolved in water. – PowerPoint PPT presentation

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Title: Inorganic Acid Market - Forecast(2021 - 2026)


1
Inorganic Acid Market Market size, Industry
outlook, Market Forecast, Demand Analysis, Market
Share, Market Report 2021-2026
Contact Venkat Reddy sales_at_industryarc.com
(1) 970-236-3677
2
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  • Inorganic Acid market size is forecasted to grow
    at a CAGR of 4.7 during the forecast period
    2021-2026. This can be attributed to its use
    in fertilizers.
  • An inorganic acid is an acid derived from one or
    more inorganic compounds. It is also known as
    mineral acid.
  • Inorganic acids form hydrogen ions and conjugate
    base ions when dissolved in water. Commonly used
    inorganic acids are sulphuric acid, hydrochloric
    acid, nitric acid, and phosphoric acid. Inorganic
    acids are very soluble in water and insoluble in
    organic solvents.
  • Inorganic acids are used in many sectors of the
    chemical industry as feedstocks for the synthesis
    of other chemicals, both organic and inorganic.

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3
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  • Key Takeaways
  • Asia-Pacific dominates the inorganic acid market,
    owing to the agricultural industry in the region.
    According to Invest India, Indias agriculture
    technology can grow to 24.1 billion by 2025. 
  • Hydrochloric acid, Sulphuric acid, and Nitric
    acid are the strongest inorganic acids capable of
    dissolving metals. They are highly corrosive.
  • Sulphuric acid and Nitric acid are mainly used in
    the production of fertilizers to improve soil
    fertility as they add essential nutrients to
    replenish the soil.

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4
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By Distribution Channel- Segment Analysis The
sulphuric acid segment held the largest share in
the inorganic acid market and is expected to rise
at a CAGR of 3.6 during the forecast period.
About 75 of the manufactured sulphuric acid is
used to synthesize fertilizers, superphosphate in
particular. Sulphuric acid is highly reactive and
can dissolve most metals. Sulphuric acid (H2SO4)
is a basic raw material used in a wide range of
industrial processes and manufacturing
operations. It is also good for removing
oxidation from iron and steel, so it is used in
large quantities by metal manufacturers. The most
well-known application is its use as an
electrolyte in lead-acid storage batteries.
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  • Industry Outlook 
  • BASF SE
  • DuPont de Nemours Inc
  • Evonik Industries
  • Formosa Plastics
  • INEOS Enterprises
  • Dow Chemical
  • LG Chem.
  • LyondellBasell Industries
  • Akzo Nobel
  • Bayer 

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6
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Inorganic Acid Market - Forecast(2021 -
2026) Learn More About the Report _at_
https//www.industryarc.com/Report/15902/inorgani
c-acid-market.html
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7
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  • You Can Customize the Report as Per Your Need.
    We have included Some Customization Options
  • Company Profile
  • Analyst Briefing
  • Data Tables
  • Key Contacts
  • Free Customization
  • Purchase Full Report _at_ https//www.industryarc.com
    /purchasereport.php?id15902

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8
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For More Details Contact Venkat
Reddy Contact (1) 970-236-3677 Email
sales_at_industryarc.com Connect with us on LinkedIn
_at_ http//www.linkedin.com/company/industryarc
Contact (1) 970-236-3677
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