Tungstic acid refers to hydrated forms of tungsten trioxide including monohydrate and hemihydrate. It is a yellow amorphous powder, insoluble in water and most acids, soluble in hydrofluoric acid. Tungstic acid is used for mordant, analytical reagent, catalyst, water treatment agent, manufacture of fireproof and waterproof materials, and phosphotungstate, boron tungstate, etc. It is also used for the manufacturing of zinc pyrithione which is an important intermediate of shampoo. However, increasing demand for dye and pigments due to the significant growth of the textile industry will boost the market.
This growth is primarily driven by Increasing Use of Tungstic Acid for Producing Tungsten Products Such as Tungsten Powders, Wires, Sodium Tungstate, Etc. and Growing Chemical, Plastic, and Textile Industries across the Globe Will Create Huge Demand.
Major Vendors, such as Sigma-Aldrich (United States), CF Tunsten (China), Alfa Aesar (United States), American Elements (United States), Fisher Scientific (United States), SRL (India), Anchor Chemicals Industries (India), Sun Industries (India), Helix Multichem (India) and H.C. Starck GmbH (Germany) etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
- Increasing Use of Tungstic Acid for Producing Tungsten Products Such as Tungsten Powders, Wires, Sodium Tungstate, Etc.
- Growing Chemical, Plastic, and Textile Industries across the Globe Will Create Huge Demand
- Tungstic Acid May Cause Respiratory Irritation or Serious Eye Irritation
OpportunitiesGrowing Personal Care Industry Across the Globe Due to Increasing Awareness About Grooming
ChallengesAvailability Organic and Natural Substitutes May Create Challenges
AMA Research follow a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mostly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcase the spontaneously changing Vendors landscape impacting the growth of the market. Furthermore, our market researchers extensively analyse the products and services offered by multiple players competing to increase their market share and presence.
Customization in the ReportAMA Research features not only specific market forecasts, but also include significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints
- New Entrants into the Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
Against this Challenging Backdrop, Tungstic Acid Study Sheds Light on The Tungstic Acid Market status quo and key characteristics. To end this, Analyst at AMA organize and took survey of the Tungstic Acid industry Vendors. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Tungstic Acid industry is heading and what are the top priorities. Insights are drawn from financial analysis, the survey and interviews with key executives and industry experts.
How every company in this diverse set of Vendors can best navigate the emerging competition landscape and follow a strategy that helps them position to hold value they currently claim, or capture the new addressable opportunity.
Frequently Asked Questions (FAQ):
1. What is the growth rate predicted for the Global Tungstic Acid Market?
The Tungstic Acid market is expected to see a CAGR of % during projected year 2020 to 2026.
2. Who are the top performing companies in Tungstic Acid Market?
Top performing companies in the Global Tungstic Acid market are Sigma-Aldrich (United States), CF Tunsten (China), Alfa Aesar (United States), American Elements (United States), Fisher Scientific (United States), SRL (India), Anchor Chemicals Industries (India), Sun Industries (India), Helix Multichem (India) and H.C. Starck GmbH (Germany), to name a few.
3. Which region dominated the worldwide market for Tungstic Acid in 2020?
is dominating the Tungstic Acid Market.