Global Tungstic Acid Market Size, Share & Trends Analysis Report by Product Type (Monohydrate and Hemihydrate), and by End Use Industry (Plastic, Chemical, and Textile (Textile Mordant and Textile Dye) Forecast, 2021-2027
Tungstic acid is the hydrated form of tungsten trioxide. The two main product types include monohydrate and hemihydrate. The global tungstic acid market is projected to grow at a CAGR of 2.8% during the forecast period (2021-2027). The major aspect that drives the growth of the market includes the growth in the end use industries such as plastic, chemical, and textile. Tungstic acid is extensively used as an industrial agent as the textile mordant and textile dye. In the plastic industry, tungstic acid is used as a colorant while in the chemical industry it is widely accepted as catalysts for cracking hydrocarbons and in the dehydrogenation of olefines. Besides, tungstic acid glue is also widely accepted as a substitute for Indian rubber. Thus, attributing to such a wide range of properties and applications, the demand for tungstic acid is likely to get promoted, which, will enhance the market growth during the forecast period.
The global tungstic acid market is segmented on the basis of product type and end use industry. Based on the product type, the market is segmented as monohydrate and hemihydrate. The monohydrate segment of the global tungstic acid market is likely to hold the most substantial share during the forecast period. Based on the end use industry, the market is segmented as plastic chemical, and textile. The textile segment is further segmented as textile mordant and textile dye. The textile segment of the global tungstic acid market is likely to hold the most substantial share during the forecast period. Based on geography, the global tungstic acid market is segmented as North America, Europe, Asia-Pacific, and the Rest of the World. The Asia-Pacific region is likely to hold the most substantial share during the forecast period.
Further, American Elements, Evans Chem India Pvt. Ltd., Ganzhou CF Tungsten Co., Ltd., H.C. Starck GmbH, Merck KgaA (Sigma Aldrich), Muby Chem Group, Sisco Research Laboratories Pvt. Ltd., Trifine Industries, and Tungsten Compounds GmbH among others are some of the prominent players functioning in the global Tungstic Acid market. New product launches & developments, partnerships, agreements, and acquisitions are some of the growth strategies adopted by the players in order to sustain in the highly competitive market.
The market study of the global Tungstic Acid market is incorporated by extensive primary and secondary research conducted by the research team. Secondary research has been conducted to refine the available data to breakdown the market into various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior, and macro-economic factors. Numbers extracted from secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables our analyst to derive the closest possible figures without any major deviations in the actual number. Our analysts try to contact as many executives, managers, key opinion leaders, and industry experts. Primary research brings the authenticity of our reports.
Secondary Sources Include
Financial reports of companies involved in the market
Whitepapers, research-papers, and news blogs
Company websites and their product catalog
The report provides an in-depth analysis of market size, intended quality of the service preferred by consumers. The report will serve as a source for a 360-degree analysis of the market thoroughly integrating different models.
Global Tungstic Acid Market Research and Analysis by Product Type
Global Tungstic Acid Market Research and Analysis by End Use Industry
The Report Covers
Comprehensive research methodology of the global tungstic acid market.
This report also includes a detailed and extensive market overview with key analyst insights.
An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
Analysis of regional regulations and other government policies impacting the global tungstic acid market.
Insights about market determinants that are stimulating the global tungstic acid market.
Detailed and extensive market segments with regional distribution of forecast revenues.
Extensive profiles and recent developments of the market players.
Table of Contents
1. Report Summary
- 1.1. Research Methods and Tools
- 1.2. Market Breakdown
- 1.2.1. By Segments
- 1.2.2. By Geography
2. Market Overview and Insights
- 2.1. Scope of the Report
- 2.2. Analyst Insight & Current Market Trends
- 2.2.1. Key Findings
- 2.2.2. Recommendations
- 2.2.3. Conclusion
3. Competitive Landscape
- 3.1. Competitive Dashboard
- 3.2. Key Strategy Analysis
- 3.3. Key Company Analysis
- 3.3.1. Overview
- 3.3.2. Financial Analysis
- 3.3.3. SWOT Analysis
- 3.3.4. Recent Developments
4. Market Determinants
- 4.1. Motivators
- 4.2. Restraints
- 4.3. Opportunities
5. Market Segmentation
- 5.1. Global Tungstic Acid Market by Product Type
- 5.1.1. Monohydrate
- 5.1.2. Hemihydrate
- 5.2. Global Tungstic Acid Market by End Use Industry
- 5.2.1. Plastic
- 5.2.2. Chemical
- 5.2.3. Textile
- 22.214.171.124. Textile Mordant
- 126.96.36.199. Textile Dye
6. Regional Analysis
- 6.1. North America
- 6.2. Europe
- 6.2.1. UK
- 6.2.2. Germany
- 6.2.3. Italy
- 6.2.4. Spain
- 6.2.5. France
- 6.2.6. Rest of Europe
- 6.3. Asia-Pacific
- 6.3.1. China
- 6.3.2. India
- 6.3.3. Japan
- 6.3.4. ASEAN
- 6.3.5. South Korea
- 6.3.6. Rest of Asia-Pacific
- 6.4. Rest of the World
7. Company Profiles
- 7.1. American Elements
- 7.2. Angene Chemical
- 7.3. Evans Chem India Pvt. Ltd.
- 7.4. Ganzhou CF Tungsten Co., Ltd.
- 7.5. H.C. Starck GmbH
- 7.6. Helix Multichem
- 7.7. Merck KgaA (Sigma Aldrich)
- 7.8. Muby Chem Group
- 7.9. Oakwood Products Inc.
- 7.10. Sisco Research Laboratories Pvt. Ltd.
- 7.11. Trifine Industries
- 7.12. Tungsten Compounds GmbH
- 7.13. Yogi Dye Chem Industries