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Date Submitted: 03/15/2016 11:28 PM
Mineral Acids Market Size, Share, Trends, Company Profiles, Demand,
Insights, Analysis, Research, Report, Opportunities, Segmentation and
Forecast To 2017
Mineral acids refer to acids obtained from one or even more inorganic composites. Each mineral
acid leads to the formation of hydrogen & conjugate base ions when water-dissolved. Some of
the most regularly used mineral acids are hydrochloric acid, nitric acid, and sulfuric acid.
Mineral acids vary from strong to moderate and weak ones. They have a tendency for being
insoluble in organic solvents and soluble in water. Mineral acids also find applications across the
industry of chemicals. They serve as raw materials for the manufacture of inorganic & organic
chemicals.
Huge amounts of these acids are synthesized for industrial applications in big plants. Mineral
acids are even used directly for their corrosive features. These features favor the market and
propel its revenues. The China mineral acid market is predicted to generate operating sales of
around RMB 94.4 billion by 2017. From January to December 2012, market manufacturing
earned about RMB 90.4 billion.
Browse The full “Mineral Acids Market” Report at:
http://www.radiantinsights.com/research/china-mineral-acid-industry
Sulfuric acid accounted for the largest consumption in 2012. It boasted of a domestic utilization
of nearly 77.6 million tons that year. Sulfuric acid was followed by hydrochloric acid (8.9
million tons) and nitric acid (2.8 million tons) in 2012. The forthcoming market may face
pressure from optimization promotions and industrial structural innovations.
Additionally, it may encounter pressure from ‘backward production capacity’ eliminations.
However, in terms of policies, the national twelfth five year plan states growth in the industry of
chemical raw materials, opening decent prospects for the China mineral acid market. Thus, in the
years ahead, the market could experience sluggish expansion and lay more emphasis on
structural...